About DBR and SOMM
deBridge is falling, while Sommelier is climbing this week. The current DBR to SOMM conversion rate is 47.62. Inversely, this means that if you convert 1 SOMM you will get 0.021 DBR. The conversion rate of DBR/SOMM has decreased by 0.43% in the last hour (SOMM/DBR increased by 0.43%). In the last 24 hours, DBR/SOMM shrunk by 0.09%, while SOMM/DBR grew by the same amount.
The exchange rate of deBridge is decreasing. The current value of 1 DBR is 47.62 SOMM. In other words, to buy 5 deBridge, it would cost you 238.10 SOMM. Inversely, 1 SOMM would allow you to trade for 0.021 DBR while 50 SOMM would convert to 1.05 DBR, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.82%. Meanwhile, in the last 24 hours, the rate has changed by 0.2%, which means that the highest exchange rate of 1 DBR to SOMM was 50.66 SOMM and the lowest 24 hour value was 1 DBR for 46.59 SOMM. Last month, 1 DBR was worth 32.57 SOMM. Today, it's up 31.6%. Looking back a year, deBridge has changed by 27.32 SOMM. That means that in a single year, the value of deBridge has grown by 42.62%.
deBridge Market Stats
DBR is the governance token of the deBridge ecosystem, which is a cross-chain interoperability protocol designed to connect multiple blockchain networks and enable seamless transfers of data, assets, and liquidity across them.
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.
Conversion tables
DBR to SOMM values from Today at 4:56 pm
0.5 DBR = 23.81 SOMM |
1 DBR = 47.62 SOMM |
5 DBR = 238.10 SOMM |
10 DBR = 476.20 SOMM |
50 DBR = 2,381.00 SOMM |
100 DBR = 4,762.00 SOMM |
500 DBR = 23,810.02 SOMM |
1,000 DBR = 47,620.03 SOMM |
SOMM to DBR values from Today at 4:54 pm
0.5 SOMM = 0.0105 DBR |
1 SOMM = 0.021 DBR |
5 SOMM = 0.105 DBR |
10 SOMM = 0.21 DBR |
50 SOMM = 1.05 DBR |
100 SOMM = 2.10 DBR |
500 SOMM = 10.50 DBR |
1,000 SOMM = 21.00 DBR |
DBR to SOMM over time
DBR | Today | 24H -0.20% | 1M 31.60% | 1Y 42.62% |
|---|---|---|---|---|
0.5 DBR | 23.81 SOMM | 23.86 SOMM | 16.29 SOMM | 13.66 SOMM |
1 DBR | 47.62 SOMM | 47.71 SOMM | 32.57 SOMM | 27.32 SOMM |
5 DBR | 238.10 SOMM | 238.57 SOMM | 162.86 SOMM | 136.61 SOMM |
10 DBR | 476.20 SOMM | 477.14 SOMM | 325.72 SOMM | 273.23 SOMM |
50 DBR | 2,381.00 SOMM | 2,385.68 SOMM | 1,628.62 SOMM | 1,366.14 SOMM |
100 DBR | 4,762.00 SOMM | 4,771.37 SOMM | 3,257.25 SOMM | 2,732.28 SOMM |
500 DBR | 23,810.02 SOMM | 23,856.83 SOMM | 16,286.24 SOMM | 13,661.39 SOMM |
1,000 DBR | 47,620.03 SOMM | 47,713.65 SOMM | 32,572.48 SOMM | 27,322.78 SOMM |
Frequently asked questions
Right now, 1 deBridge is worth about CA$0.01951.
Based on the current rate, you could get 51.25 DBR for 1 CAD.
deBridge price has been declining. Since yesterday, the exchange rate of deBridge has decreased. Since last month, the exchange rate of deBridge has decreased. Since this time last year, the price of deBridge has decreased.
You can use our DBR to CAD calculator at the top of this page to convert any amount of DBR to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 256.24 DBR. Inversely, 5 DBR will cost about CA$0.09756
deBridge can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy deBridge.
There are a number of crypto assets that have the a similar or comparable market cap to deBridge, including Medtronic tokenized stock (xStock), Klickl Token, and Zora. For a more robust list of assets to explore, jump to the asset page dedicated to deBridge.
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