Convert Sommelier SOMM to Japanese Yen JPY

SOMM to JPY: 1 Sommelier converts to ¥0.06009 JPY as of August 22 at 9:09 AM

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About Sommelier

Sommelier is falling this week. The current price of Sommelier is ¥0.06009 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ¥22,518,363.77. The amount of Sommelier traded has risen by ¥3,272 in the last 24 hours, which is a 20.54% increase. Additionally, in the last day, ¥15,932 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is ¥0.06009 JPY. In other words, to buy 5 Sommelier, it would cost you ¥0.30043 JPY. Inversely, ¥1 JPY would allow you to trade for 16.64 SOMM while ¥50 JPY would convert to 832.15 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 2.25%. Meanwhile, in the last 24 hours, the rate has changed by 8.43%, which means that the highest exchange rate of 1 SOMM to JPY was ¥0.06479 JPY and the lowest 24 hour value was 1 SOMM for ¥0.05974 JPY. Last month, 1 SOMM was worth ¥0.04855 JPY. Today, it's up 25.69%. Looking back a year, Sommelier has changed by ¥0.1558 JPY. That means that in a single year, the value of Sommelier has shrank by 64.71%.

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.

¥0.06009Price
¥22.52MMarket cap
¥15.93KVolume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to JPY values from Today at 9:09 am

0.5 SOMM = ¥0.03004 JPY
1 SOMM = ¥0.06009 JPY
5 SOMM = ¥0.3004 JPY
10 SOMM = ¥0.6009 JPY
50 SOMM = ¥3.00 JPY
100 SOMM = ¥6.01 JPY
500 SOMM = ¥30.04 JPY
1,000 SOMM = ¥60.09 JPY

JPY to SOMM values from Today at

¥1 JPY = 8.32 SOMM
¥1 JPY = 16.64 SOMM
¥5 JPY = 83.22 SOMM
¥10 JPY = 166.43 SOMM
¥50 JPY = 832.15 SOMM
¥100 JPY = 1,664.31 SOMM
¥500 JPY = 8,321.53 SOMM
¥1,000 JPY = 16,643.05 SOMM

SOMM to JPY over time

SOMM
Today
24H
-7.83%
1M
19.20%
1Y
-159.36%
0.5 SOMM
¥0.03004 JPY
¥0.03239 JPY
¥0.02427 JPY
¥0.07792 JPY
1 SOMM
¥0.06009 JPY
¥0.06479 JPY
¥0.04855 JPY
¥0.1558 JPY
5 SOMM
¥0.3004 JPY
¥0.3239 JPY
¥0.2427 JPY
¥0.7792 JPY
10 SOMM
¥0.6009 JPY
¥0.6479 JPY
¥0.4855 JPY
¥1.56 JPY
50 SOMM
¥3.00 JPY
¥3.24 JPY
¥2.43 JPY
¥7.79 JPY
100 SOMM
¥6.01 JPY
¥6.48 JPY
¥4.85 JPY
¥15.58 JPY
500 SOMM
¥30.04 JPY
¥32.39 JPY
¥24.27 JPY
¥77.92 JPY
1,000 SOMM
¥60.09 JPY
¥64.79 JPY
¥48.55 JPY
¥155.84 JPY

Frequently asked questions

Right now, 1 Sommelier is worth about ¥0.06009.

Based on the current rate, you could get 16.64 SOMM for 1 JPY.

Sommelier price has been declining. Since yesterday, the exchange rate of Sommelier has decreased. 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 JPY calculator at the top of this page to convert any amount of SOMM to JPY. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 JPY is equivalent to 83.22 SOMM. Inversely, 5 SOMM will cost about ¥0.3004

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

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