Convert Israeli New Sheqel ILS to Sommelier SOMM

ILS to SOMM: 1 Israeli New Sheqel converts to 975.56 SOMM

Buy Sommelier

About Sommelier

Sommelier is climbing this week. The current price of Sommelier is ₪0.001025 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ₪384,180.49. The amount of Sommelier traded has risen by ₪12,208.70 in the last 24 hours, which is a 3,754.98% increase. Additionally, in the last day, ₪325.13 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is ₪0.001025 ILS. In other words, to buy 5 Sommelier, it would cost you ₪0.005125 ILS. Inversely, ₪1.00 ILS would allow you to trade for 975.56 SOMM while ₪50.00 ILS would convert to 48,778.25 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 4.15%. Meanwhile, in the last 24 hours, the rate has changed by 8.27%, which means that the highest exchange rate of 1 SOMM to ILS was ₪0.00113 ILS and the lowest 24 hour value was 1 SOMM for ₪0.0009524 ILS. Last month, 1 SOMM was worth ₪0.001088 ILS. Today, it's down 6.49%. Looking back a year, Sommelier has changed by ₪0.005741 ILS. That means that in a single year, the value of Sommelier has shrank by 80.35%.

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.

₪0.001025Price
₪384.18KMarket cap
₪325.13Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

ILS to SOMM values from Today at

₪0.50 ILS = 487.78 SOMM
₪1.00 ILS = 975.56 SOMM
₪5.00 ILS = 4,877.82 SOMM
₪10.00 ILS = 9,755.65 SOMM
₪50.00 ILS = 48,778.25 SOMM
₪100.00 ILS = 97,556.49 SOMM
₪500.00 ILS = 487,782.47 SOMM
₪1,000.00 ILS = 975,564.93 SOMM

SOMM to ILS values from Today at 5:10 pm

0.5 SOMM = ₪0.0005125 ILS
1 SOMM = ₪0.001025 ILS
5 SOMM = ₪0.005125 ILS
10 SOMM = ₪0.01025 ILS
50 SOMM = ₪0.05125 ILS
100 SOMM = ₪0.1025 ILS
500 SOMM = ₪0.5125 ILS
1,000 SOMM = ₪1.03 ILS

ILS to SOMM over time

ILS
Today
24H
-104,661.40%
1M
-91,871.95%
1Y
-17,418.47%
0.5 ILS
487.78 SOMM
523.31 SOMM
459.36 SOMM
87.09 SOMM
1 ILS
975.56 SOMM
1,046.61 SOMM
918.72 SOMM
174.18 SOMM
5 ILS
4,877.82 SOMM
5,233.07 SOMM
4,593.60 SOMM
870.92 SOMM
10 ILS
9,755.65 SOMM
10,466.14 SOMM
9,187.19 SOMM
1,741.85 SOMM
50 ILS
48,778.25 SOMM
52,330.70 SOMM
45,935.97 SOMM
8,709.24 SOMM
100 ILS
97,556.49 SOMM
104,661.40 SOMM
91,871.95 SOMM
17,418.47 SOMM
500 ILS
487,782.47 SOMM
523,307.01 SOMM
459,359.74 SOMM
87,092.35 SOMM
1,000 ILS
975,564.93 SOMM
1,046,614.03 SOMM
918,719.48 SOMM
174,184.71 SOMM

Frequently asked questions

Right now, 1 Sommelier is worth about ₪0.001025.

Based on the current rate, you could get 975.56 SOMM for 1 ILS.

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 ILS calculator at the top of this page to convert any amount of SOMM to ILS. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 ILS is equivalent to 4,877.82 SOMM. Inversely, 5 SOMM will cost about ₪0.005125

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, Bnext Token, and Titi Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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