Convert Sommelier SOMM to Azerbaijani Manat AZN

SOMM to AZN: 1 Sommelier converts to AZN 0.0004061 AZN as of November 8 at 12:33 PM

AZN
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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is AZN 0.0004061 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of AZN 152,209.77. The amount of Sommelier traded has fallen by -AZN 2.49 in the last 24 hours, which is a 32.10% decrease. Additionally, in the last day, AZN 7.77 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is AZN 0.0004061 AZN. In other words, to buy 5 Sommelier, it would cost you AZN 0.0020306 AZN. Inversely, AZN 1.00 AZN would allow you to trade for 2,462.37 SOMM while AZN 50.00 AZN would convert to 123,118.49 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 4.33%. Meanwhile, in the last 24 hours, the rate has changed by 1.73%, which means that the highest exchange rate of 1 SOMM to AZN was AZN 0.0004088 AZN and the lowest 24 hour value was 1 SOMM for AZN 0.0003912 AZN. Last month, 1 SOMM was worth AZN 0.0005633 AZN. Today, it's down 28%. Looking back a year, Sommelier has changed by AZN 0.002386 AZN. That means that in a single year, the value of Sommelier has shrank by 83%.

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.

AZN 0.0004061Price
AZN 152.21KMarket cap
AZN 7.77Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to AZN values from Today at 12:33 pm

0.5 SOMM = AZN 0.0002031 AZN
1 SOMM = AZN 0.0004061 AZN
5 SOMM = AZN 0.002031 AZN
10 SOMM = AZN 0.004061 AZN
50 SOMM = AZN 0.02031 AZN
100 SOMM = AZN 0.04061 AZN
500 SOMM = AZN 0.2031 AZN
1,000 SOMM = AZN 0.4061 AZN

AZN to SOMM values from Today at 4:23 pm

AZN 0.50 AZN = 1,231.18 SOMM
AZN 1.00 AZN = 2,462.37 SOMM
AZN 5.00 AZN = 12,311.85 SOMM
AZN 10.00 AZN = 24,623.70 SOMM
AZN 50.00 AZN = 123,118.49 SOMM
AZN 100.00 AZN = 246,236.97 SOMM
AZN 500.00 AZN = 1,231,184.85 SOMM
AZN 1,000.00 AZN = 2,462,369.71 SOMM

SOMM to AZN over time

SOMM
Today
24H
99.93%
1M
99.89%
1Y
99.55%
0.5 SOMM
AZN 0.0002031 AZN
AZN 0.0001994 AZN
AZN 0.0002817 AZN
AZN 0.001193 AZN
1 SOMM
AZN 0.0004061 AZN
AZN 0.0003987 AZN
AZN 0.0005633 AZN
AZN 0.002386 AZN
5 SOMM
AZN 0.002031 AZN
AZN 0.001994 AZN
AZN 0.002817 AZN
AZN 0.01193 AZN
10 SOMM
AZN 0.004061 AZN
AZN 0.003987 AZN
AZN 0.005633 AZN
AZN 0.02386 AZN
50 SOMM
AZN 0.02031 AZN
AZN 0.01994 AZN
AZN 0.02817 AZN
AZN 0.1193 AZN
100 SOMM
AZN 0.04061 AZN
AZN 0.03987 AZN
AZN 0.05633 AZN
AZN 0.2386 AZN
500 SOMM
AZN 0.2031 AZN
AZN 0.1994 AZN
AZN 0.2817 AZN
AZN 1.19 AZN
1,000 SOMM
AZN 0.4061 AZN
AZN 0.3987 AZN
AZN 0.5633 AZN
AZN 2.39 AZN

Frequently asked questions

Right now, 1 Sommelier is worth about AZN 0.0004061.
Based on the current rate, you could get 2,462.37 SOMM for 1 AZN.
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 decreased. Since this time last year, the price of Sommelier has decreased.
You can use our SOMM to AZN calculator at the top of this page to convert any amount of SOMM to AZN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 AZN is equivalent to 12,311.85 SOMM. Inversely, 5 SOMM will cost about AZN 0.002031
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 a similar or comparable market cap to Sommelier, including Sunny Side up, MetaSwap, and Titi Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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