Convert Sommelier SOMM to Albanian Lek ALL
SOMM to ALL: 1 Sommelier converts to ALL 0.04361 ALL as of September 24 at 10:18 AM
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About Sommelier
Sommelier is climbing this week. The current price of Sommelier is ALL 0.04361 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ALL 16,345,262.99. The amount of Sommelier traded has risen by ALL 30,864 in the last 24 hours, which is a 663.06% increase. Additionally, in the last day, ALL 4,655 worth of SOMM has been traded.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is ALL 0.04361 ALL. In other words, to buy 5 Sommelier, it would cost you ALL 0.21805 ALL. Inversely, ALL 1 ALL would allow you to trade for 22.93 SOMM while ALL 50 ALL would convert to 1,146.52 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 40.29%. Meanwhile, in the last 24 hours, the rate has changed by 10.36%, which means that the highest exchange rate of 1 SOMM to ALL was ALL 0.04412 ALL and the lowest 24 hour value was 1 SOMM for ALL 0.03587 ALL. Last month, 1 SOMM was worth ALL 0.02715 ALL. Today, it's up 56.85%. Looking back a year, Sommelier has changed by ALL 0.2564 ALL. That means that in a single year, the value of Sommelier has shrank by 82.73%.
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
SOMM to ALL values from Today at 10:18 am
0.5 SOMM = ALL 0.02181 ALL |
1 SOMM = ALL 0.04361 ALL |
5 SOMM = ALL 0.2181 ALL |
10 SOMM = ALL 0.4361 ALL |
50 SOMM = ALL 2.18 ALL |
100 SOMM = ALL 4.36 ALL |
500 SOMM = ALL 21.81 ALL |
1,000 SOMM = ALL 43.61 ALL |
ALL to SOMM values from Today at
ALL 1 ALL = 11.47 SOMM |
ALL 1 ALL = 22.93 SOMM |
ALL 5 ALL = 114.65 SOMM |
ALL 10 ALL = 229.30 SOMM |
ALL 50 ALL = 1,146.52 SOMM |
ALL 100 ALL = 2,293.03 SOMM |
ALL 500 ALL = 11,465.17 SOMM |
ALL 1,000 ALL = 22,930.33 SOMM |
SOMM to ALL over time
SOMM | Today | 24H 10.66% | 1M 37.75% | 1Y -488.04% |
|---|---|---|---|---|
0.5 SOMM | ALL 0.02181 ALL | ALL 0.01948 ALL | ALL 0.01357 ALL | ALL 0.1282 ALL |
1 SOMM | ALL 0.04361 ALL | ALL 0.03896 ALL | ALL 0.02715 ALL | ALL 0.2564 ALL |
5 SOMM | ALL 0.2181 ALL | ALL 0.1948 ALL | ALL 0.1357 ALL | ALL 1.28 ALL |
10 SOMM | ALL 0.4361 ALL | ALL 0.3896 ALL | ALL 0.2715 ALL | ALL 2.56 ALL |
50 SOMM | ALL 2.18 ALL | ALL 1.95 ALL | ALL 1.36 ALL | ALL 12.82 ALL |
100 SOMM | ALL 4.36 ALL | ALL 3.90 ALL | ALL 2.71 ALL | ALL 25.64 ALL |
500 SOMM | ALL 21.81 ALL | ALL 19.48 ALL | ALL 13.57 ALL | ALL 128.22 ALL |
1,000 SOMM | ALL 43.61 ALL | ALL 38.96 ALL | ALL 27.15 ALL | ALL 256.45 ALL |
Frequently asked questions
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