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About SOMM and ATH
Sommelier is climbing, while Aethir is falling this week. The current SOMM to ATH conversion rate is 0.08617. Inversely, this means that if you convert 1 ATH you will get 11.60 SOMM. The conversion rate of SOMM/ATH has decreased by 0.46% in the last hour (ATH/SOMM increased by 0.46%). In the last 24 hours, SOMM/ATH grew by 5.02%, while ATH/SOMM shrunk by the same amount.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is 0.08617 ATH. In other words, to buy 5 Sommelier, it would cost you 0.43086 ATH. Inversely, 1 ATH would allow you to trade for 11.60 SOMM while 50 ATH would convert to 580.23 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 11.15%. Meanwhile, in the last 24 hours, the rate has changed by 4.75%, and that the highest exchange rate of 1 SOMM to ATH was 0.1099 ATH and the lowest 24 hour value was 1 SOMM for 0.08021 ATH. Last month, 1 SOMM was worth 0.07486 ATH. Today, it's up 13.13%. Looking back a year, Sommelier has changed by 0.0312 ATH. That means that in a single year, the value of Sommelier has grown by 63.79%.
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.
Aethir Market Stats
Aethir is distributed cloud compute infrastructure. It aggregates enterprise-grade GPU chips into a single global network to increase the supply of on-demand cloud compute resources for the AI, gaming, and virtualized compute sectors. ATH is the native token of the Aethir network. It is a core component of the Aethir ecosystem, serving as the primary medium of exchange for transactions within the network.
Conversion tables
SOMM to ATH values from Today at 6:14 am
0.5 SOMM = 0.04309 ATH |
1 SOMM = 0.08617 ATH |
5 SOMM = 0.4309 ATH |
10 SOMM = 0.8617 ATH |
50 SOMM = 4.31 ATH |
100 SOMM = 8.62 ATH |
500 SOMM = 43.09 ATH |
1,000 SOMM = 86.17 ATH |
ATH to SOMM values from Today at 6:14 am
0.5 ATH = 5.80 SOMM |
1 ATH = 11.60 SOMM |
5 ATH = 58.02 SOMM |
10 ATH = 116.05 SOMM |
50 ATH = 580.23 SOMM |
100 ATH = 1,160.47 SOMM |
500 ATH = 5,802.34 SOMM |
1,000 ATH = 11,604.68 SOMM |
SOMM to ATH over time
SOMM | Today | 24H 4.75% | 1M 13.13% | 1Y 63.79% |
|---|---|---|---|---|
0.5 SOMM | 0.04309 ATH | 0.04104 ATH | 0.03743 ATH | 0.0156 ATH |
1 SOMM | 0.08617 ATH | 0.08208 ATH | 0.07486 ATH | 0.0312 ATH |
5 SOMM | 0.4309 ATH | 0.4104 ATH | 0.3743 ATH | 0.156 ATH |
10 SOMM | 0.8617 ATH | 0.8208 ATH | 0.7486 ATH | 0.312 ATH |
50 SOMM | 4.31 ATH | 4.10 ATH | 3.74 ATH | 1.56 ATH |
100 SOMM | 8.62 ATH | 8.21 ATH | 7.49 ATH | 3.12 ATH |
500 SOMM | 43.09 ATH | 41.04 ATH | 37.43 ATH | 15.60 ATH |
1,000 SOMM | 86.17 ATH | 82.08 ATH | 74.86 ATH | 31.20 ATH |
Frequently asked questions
Right now, 1 Sommelier is worth about CA$0.0005057.
Based on the current rate, you could get 1,977.49 SOMM for 1 CAD.
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 increased. Since this time last year, the price of Sommelier has decreased.
You can use our SOMM to CAD calculator at the top of this page to convert any amount of SOMM to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 9,887.43 SOMM. Inversely, 5 SOMM will cost about CA$0.002528
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 AQA, AI Binance, and Planq. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.