Convert Paraguayan Guaraní PYG to Sommelier SOMM

PYG to SOMM: 1 Paraguayan Guaraní converts to 0.7796 SOMM

PYG
Buy Sommelier

About Sommelier

Sommelier is falling this week. The current price of Sommelier is PYG 1.28 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of PYG 479,382,554.59. The amount of Sommelier traded has fallen by -PYG 258,265 in the last 24 hours, which is a 65.40% decrease. Additionally, in the last day, PYG 394,909 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is PYG 1.28 PYG. In other words, to buy 5 Sommelier, it would cost you PYG 6.41 PYG. Inversely, PYG 1 PYG would allow you to trade for 0.7796 SOMM while PYG 50 PYG would convert to 38.98 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 41.49%. Meanwhile, in the last 24 hours, the rate has changed by 20.59%, and that the highest exchange rate of 1 SOMM to PYG was PYG 1.81 PYG and the lowest 24 hour value was 1 SOMM for PYG 1.26 PYG. Last month, 1 SOMM was worth PYG 2.24 PYG. Today, it's down 42.05%. Looking back a year, Sommelier has changed by PYG 8.50 PYG. That means that in a single year, the value of Sommelier has shrank by 81.78%.

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.

PYG 1.28Price
PYG 479.38MMarket cap
PYG 394.91KVolume (24h)
374.8M SOMMCir. Supply

Conversion tables

PYG to SOMM values from Today at 3:52 am

PYG 1 PYG = 0.3898 SOMM
PYG 1 PYG = 0.7796 SOMM
PYG 5 PYG = 3.90 SOMM
PYG 10 PYG = 7.80 SOMM
PYG 50 PYG = 38.98 SOMM
PYG 100 PYG = 77.96 SOMM
PYG 500 PYG = 389.80 SOMM
PYG 1,000 PYG = 779.60 SOMM

SOMM to PYG values from Today at 3:58 am

0.5 SOMM = PYG 0.6414 PYG
1 SOMM = PYG 1.28 PYG
5 SOMM = PYG 6.41 PYG
10 SOMM = PYG 12.83 PYG
50 SOMM = PYG 64.14 PYG
100 SOMM = PYG 128.27 PYG
500 SOMM = PYG 641.36 PYG
1,000 SOMM = PYG 1,282.72 PYG

PYG to SOMM over time

PYG
Today
24H
-4,293,287.61%
1M
-3,096,672.17%
1Y
-817,785.51%
0.5 PYG
0.3898 SOMM
0.309 SOMM
0.2229 SOMM
0.05886 SOMM
1 PYG
0.7796 SOMM
0.6179 SOMM
0.4457 SOMM
0.1177 SOMM
5 PYG
3.90 SOMM
3.09 SOMM
2.23 SOMM
0.5886 SOMM
10 PYG
7.80 SOMM
6.18 SOMM
4.46 SOMM
1.18 SOMM
50 PYG
38.98 SOMM
30.90 SOMM
22.29 SOMM
5.89 SOMM
100 PYG
77.96 SOMM
61.79 SOMM
44.57 SOMM
11.77 SOMM
500 PYG
389.80 SOMM
308.96 SOMM
222.85 SOMM
58.86 SOMM
1,000 PYG
779.60 SOMM
617.92 SOMM
445.70 SOMM
117.71 SOMM

Frequently asked questions

Right now, 1 Sommelier is worth about PYG 1.28.

Based on the current rate, you could get 0.7796 SOMM for 1 PYG.

Sommelier price has been declining. Since yesterday, the exchange rate of Sommelier has decreased. 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 PYG calculator at the top of this page to convert any amount of SOMM to PYG. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 PYG is equivalent to 3.90 SOMM. Inversely, 5 SOMM will cost about PYG 6.41

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.

Related conversions

Start your crypto portfolio today

Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.