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About SOMM and B3
Sommelier is climbing, while B3 (Base) is falling this week. The current SOMM to B3 conversion rate is 0.6149. Inversely, this means that if you convert 1 B3 you will get 1.63 SOMM. The conversion rate of SOMM/B3 has increased by 0.15% in the last hour (B3/SOMM decreased by 0.15%). In the last 24 hours, SOMM/B3 grew by 2.62%, while B3/SOMM shrunk by the same amount.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is 0.6149 B3. In other words, to buy 5 Sommelier, it would cost you 3.0744 B3. Inversely, 1 B3 would allow you to trade for 1.63 SOMM while 50 B3 would convert to 81.32 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.65%. Meanwhile, in the last 24 hours, the rate has changed by 1.04%, and that the highest exchange rate of 1 SOMM to B3 was 0.6682 B3 and the lowest 24 hour value was 1 SOMM for 0.5566 B3. Last month, 1 SOMM was worth 0.9489 B3. Today, it's down 54.31%. Looking back a year, Sommelier has changed by 0.4076 B3. That means that in a single year, the value of Sommelier has grown by 33.71%.
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.
B3 (Base) Market Stats
B3 is a gaming ecosystem built on Base. The gaming ecosystem operates as a Layer 3 settlement layer on Base, in order to leverage the lower gas fees and higher throughput. The platform focuses on an open gaming ecosystem that streamlines interactions between developers and players by removing the need for wallets, bridges, or multiple tokens using chain abstraction technology. The B3 token can be used for governance, in-game transactions and access to in-game features.
Conversion tables
SOMM to B3 values from Today at 10:40 pm
0.5 SOMM = 0.3074 B3 |
1 SOMM = 0.6149 B3 |
5 SOMM = 3.07 B3 |
10 SOMM = 6.15 B3 |
50 SOMM = 30.74 B3 |
100 SOMM = 61.49 B3 |
500 SOMM = 307.44 B3 |
1,000 SOMM = 614.89 B3 |
B3 to SOMM values from Today at 10:42 pm
0.5 B3 = 0.8132 SOMM |
1 B3 = 1.63 SOMM |
5 B3 = 8.13 SOMM |
10 B3 = 16.26 SOMM |
50 B3 = 81.32 SOMM |
100 B3 = 162.63 SOMM |
500 B3 = 813.16 SOMM |
1,000 B3 = 1,626.31 SOMM |
SOMM to B3 over time
SOMM | Today | 24H 1.04% | 1M -54.31% | 1Y 33.71% |
|---|---|---|---|---|
0.5 SOMM | 0.3074 B3 | 0.3042 B3 | 0.4744 B3 | 0.2038 B3 |
1 SOMM | 0.6149 B3 | 0.6085 B3 | 0.9489 B3 | 0.4076 B3 |
5 SOMM | 3.07 B3 | 3.04 B3 | 4.74 B3 | 2.04 B3 |
10 SOMM | 6.15 B3 | 6.08 B3 | 9.49 B3 | 4.08 B3 |
50 SOMM | 30.74 B3 | 30.42 B3 | 47.44 B3 | 20.38 B3 |
100 SOMM | 61.49 B3 | 60.85 B3 | 94.89 B3 | 40.76 B3 |
500 SOMM | 307.44 B3 | 304.24 B3 | 474.43 B3 | 203.81 B3 |
1,000 SOMM | 614.89 B3 | 608.49 B3 | 948.86 B3 | 407.62 B3 |
Frequently asked questions
Right now, 1 Sommelier is worth about CA$0.0004273.
Based on the current rate, you could get 2,340.43 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 decreased. 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 11,702.14 SOMM. Inversely, 5 SOMM will cost about CA$0.002136
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 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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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.