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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About SOMM and ATOM
Sommelier is falling, while Cosmos is climbing this week. The current SOMM to ATOM conversion rate is 0.0002714. Inversely, this means that if you convert 1 ATOM you will get 3,683.97 SOMM. The conversion rate of SOMM/ATOM has decreased by 0.23% in the last hour (ATOM/SOMM increased by 0.23%). In the last 24 hours, SOMM/ATOM shrunk by 1.77%, while ATOM/SOMM grew by the same amount.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is 0.0002714 ATOM. In other words, to buy 5 Sommelier, it would cost you 0.0013572 ATOM. Inversely, 1 ATOM would allow you to trade for 3,683.97 SOMM while 50 ATOM would convert to 184,198.36 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 14.62%. Meanwhile, in the last 24 hours, the rate has changed by 1.36%, which means that the highest exchange rate of 1 SOMM to ATOM was 0.0002783 ATOM and the lowest 24 hour value was 1 SOMM for 0.0002656 ATOM. Last month, 1 SOMM was worth 0.0003078 ATOM. Today, it's down 13.4%. Looking back a year, Sommelier has changed by 0.0002644 ATOM. That means that in a single year, the value of Sommelier has grown by 2.6%.
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.
Cosmos Market Stats
Cosmos (ATOM) is a cryptocurrency that powers an ecosystem of blockchains designed to scale and interoperate with each other. The team aims to "create an Internet of Blockchains, a network of blockchains able to communicate with each other in a decentralized way." Cosmos is a proof-of-stake chain. ATOM holders can stake their tokens in order to maintain the network and receive more ATOM as a reward.
Conversion tables
SOMM to ATOM values from Today at 11:29 am
0.5 SOMM = 0.0001357 ATOM |
1 SOMM = 0.0002714 ATOM |
5 SOMM = 0.001357 ATOM |
10 SOMM = 0.002714 ATOM |
50 SOMM = 0.01357 ATOM |
100 SOMM = 0.02714 ATOM |
500 SOMM = 0.1357 ATOM |
1,000 SOMM = 0.2714 ATOM |
ATOM to SOMM values from Today at 11:33 am
0.5 ATOM = 1,841.98 SOMM |
1 ATOM = 3,683.97 SOMM |
5 ATOM = 18,419.84 SOMM |
10 ATOM = 36,839.67 SOMM |
50 ATOM = 184,198.36 SOMM |
100 ATOM = 368,396.73 SOMM |
500 ATOM = 1,841,983.64 SOMM |
1,000 ATOM = 3,683,967.29 SOMM |
SOMM to ATOM over time
SOMM | Today | 24H -1.36% | 1M -13.40% | 1Y 2.60% |
|---|---|---|---|---|
0.5 SOMM | 0.0001357 ATOM | 0.0001376 ATOM | 0.0001539 ATOM | 0.0001322 ATOM |
1 SOMM | 0.0002714 ATOM | 0.0002751 ATOM | 0.0003078 ATOM | 0.0002644 ATOM |
5 SOMM | 0.001357 ATOM | 0.001376 ATOM | 0.001539 ATOM | 0.001322 ATOM |
10 SOMM | 0.002714 ATOM | 0.002751 ATOM | 0.003078 ATOM | 0.002644 ATOM |
50 SOMM | 0.01357 ATOM | 0.01376 ATOM | 0.01539 ATOM | 0.01322 ATOM |
100 SOMM | 0.02714 ATOM | 0.02751 ATOM | 0.03078 ATOM | 0.02644 ATOM |
500 SOMM | 0.1357 ATOM | 0.1376 ATOM | 0.1539 ATOM | 0.1322 ATOM |
1,000 SOMM | 0.2714 ATOM | 0.2751 ATOM | 0.3078 ATOM | 0.2644 ATOM |
Frequently asked questions
Right now, 1 Sommelier is worth about A$0.0004828.
Based on the current rate, you could get 2,071.06 SOMM for 1 AUD.
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 decreased. Since this time last year, the price of Sommelier has decreased.
You can use our SOMM to AUD calculator at the top of this page to convert any amount of SOMM to AUD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 AUD is equivalent to 10,355.32 SOMM. Inversely, 5 SOMM will cost about A$0.002414
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, Lets Go Brandon, and Titi Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.