About SOMM and CAP
Sommelier is climbing, while Cap is falling this week. The current SOMM to CAP conversion rate is 0.00553. Inversely, this means that if you convert 1 CAP you will get 180.83 SOMM. The conversion rate of SOMM/CAP has decreased by 0.29% in the last hour (CAP/SOMM increased by 0.29%). In the last 24 hours, SOMM/CAP grew by 2.34%, while CAP/SOMM shrunk by the same amount.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is 0.00553 CAP. In other words, to buy 5 Sommelier, it would cost you 0.027651 CAP. Inversely, 1 CAP would allow you to trade for 180.83 SOMM while 50 CAP would convert to 9,041.26 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.5%. Meanwhile, in the last 24 hours, the rate has changed by 1.89%, which means that the highest exchange rate of 1 SOMM to CAP was 0.005675 CAP and the lowest 24 hour value was 1 SOMM for 0.005357 CAP. Last month, 1 SOMM was worth 0.01118 CAP. Today, it's down 102.12%. Looking back a year, Sommelier has changed by ∞ CAP. That means that in a single year, the value of Sommelier has shrank by ∞%.
Sommelier Market Stats
Sommelier is a non-custodial, cross-chain platform for executing actively-managed DeFi investment strategies. Community members can create Cellars that execute on an investment strategy through smart contracts. Cellars are powered by Strategy Providers (SPs) who develop trading strategies and send the recommended actions to the Sommelier Validators to be executed on the Cellar with the intention of gaining yield. Cellars can be strategies like: A portfolio of BTC and ETH that is rebalanced based on price trends that machine learning algorithms identify An NFT trading strategy that leverages Twitter sentiment around particular collections A strategy that hedges liquidity provision on DEXes Sommelier employs a unique architecture consisting of the Sommelier Cosmos SDK blockchain, an off-chain execution environment that keeps strategies private while allowing them to leverage a wide variety of off-chain data modeling techniques, and one of the best performing ETH bridges. Strategy instructions are passed across this bridge to reposition assets in Cellars. This bridge is also being expanded to allow access to other chains (like Polygon, Avalanche, etc) so strategies are not tied to just high gas ETH markets. Sommelier aggregates and batches transactions, thereby reducing gas fees, providing an attractive alternative to Ethereum’s high transaction costs. As for security, Sommelier uses a decentralized governance mechanism run by validators, ensuring state-of-the-art safety of user funds. Validators pass strategy instructions across the bridge, but users’ assets are never moved across it, instead being deployed directly into Cellars. Further, Cellars are non-custodial, meaning that users can withdraw their assets at any time, while strategy providers never have ownership of those assets.
Cap Market Stats
Cap is a decentralized finance protocol focused on cryptocurrency trading with leverage and zero slippage. The $CAP token is used for staking and governance within the platform.
Conversion tables
SOMM to CAP values from Today at 5:58 pm
0.5 SOMM = 0.002765 CAP |
1 SOMM = 0.00553 CAP |
5 SOMM = 0.02765 CAP |
10 SOMM = 0.0553 CAP |
50 SOMM = 0.2765 CAP |
100 SOMM = 0.553 CAP |
500 SOMM = 2.77 CAP |
1,000 SOMM = 5.53 CAP |
CAP to SOMM values from Today at 5:58 pm
0.5 CAP = 90.41 SOMM |
1 CAP = 180.83 SOMM |
5 CAP = 904.13 SOMM |
10 CAP = 1,808.25 SOMM |
50 CAP = 9,041.26 SOMM |
100 CAP = 18,082.52 SOMM |
500 CAP = 90,412.60 SOMM |
1,000 CAP = 180,825.20 SOMM |
SOMM to CAP over time
SOMM | Today | 24H 1.89% | 1M -102.12% | 1Y -27,504.66% |
|---|---|---|---|---|
0.5 SOMM | 0.002765 CAP | 0.002713 CAP | 0.005589 CAP | 0.7633 CAP |
1 SOMM | 0.00553 CAP | 0.005426 CAP | 0.01118 CAP | 1.53 CAP |
5 SOMM | 0.02765 CAP | 0.02713 CAP | 0.05589 CAP | 7.63 CAP |
10 SOMM | 0.0553 CAP | 0.05426 CAP | 0.1118 CAP | 15.27 CAP |
50 SOMM | 0.2765 CAP | 0.2713 CAP | 0.5589 CAP | 76.33 CAP |
100 SOMM | 0.553 CAP | 0.5426 CAP | 1.12 CAP | 152.66 CAP |
500 SOMM | 2.77 CAP | 2.71 CAP | 5.59 CAP | 763.30 CAP |
1,000 SOMM | 5.53 CAP | 5.43 CAP | 11.18 CAP | 1,526.59 CAP |
Frequently asked questions
Right now, 1 Sommelier is worth about ARS 0.5764.
Based on the current rate, you could get 1.73 SOMM for 1 ARS.
Sommelier price has been on the rise. Since yesterday, the exchange rate of Sommelier has increased. Since last month, the exchange rate of Sommelier has increased. Since this time last year, the price of Sommelier has decreased.
You can use our SOMM to ARS calculator at the top of this page to convert any amount of SOMM to ARS. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 ARS is equivalent to 8.67 SOMM. Inversely, 5 SOMM will cost about ARS 2.88
Sommelier can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Sommelier.
There are a number of crypto assets that have the a similar or comparable market cap to Sommelier, including Sunny Side up, Safuu, and Titi Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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