Convert Sommelier SOMM to Japanese Yen JPY
SOMM to JPY: 1 Sommelier converts to ¥0.04982 JPY as of July 23 at 12:49 PM
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About Sommelier
Sommelier is climbing this week. The current price of Sommelier is ¥0.04982 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ¥18,674,034.46. The amount of Sommelier traded has fallen by ¥0 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, ¥8,986 worth of SOMM has been traded.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is ¥0.04982 JPY. In other words, to buy 5 Sommelier, it would cost you ¥0.24912 JPY. Inversely, ¥1 JPY would allow you to trade for 20.07 SOMM while ¥50 JPY would convert to 1,003.52 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 14.9%. Meanwhile, in the last 24 hours, the rate has changed by 0.89%, and that the highest exchange rate of 1 SOMM to JPY was ¥0.05015 JPY and the lowest 24 hour value was 1 SOMM for ¥0.04889 JPY. Last month, 1 SOMM was worth ¥0.0777 JPY. Today, it's down 37.1%. Looking back a year, Sommelier has changed by ¥0.1666 JPY. That means that in a single year, the value of Sommelier has shrank by 73.3%.
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 JPY values from Today at 12:49 pm
0.5 SOMM = ¥0.02491 JPY |
1 SOMM = ¥0.04982 JPY |
5 SOMM = ¥0.2491 JPY |
10 SOMM = ¥0.4982 JPY |
50 SOMM = ¥2.49 JPY |
100 SOMM = ¥4.98 JPY |
500 SOMM = ¥24.91 JPY |
1,000 SOMM = ¥49.82 JPY |
JPY to SOMM values from Today at
¥1 JPY = 10.04 SOMM |
¥1 JPY = 20.07 SOMM |
¥5 JPY = 100.35 SOMM |
¥10 JPY = 200.70 SOMM |
¥50 JPY = 1,003.52 SOMM |
¥100 JPY = 2,007.05 SOMM |
¥500 JPY = 10,035.24 SOMM |
¥1,000 JPY = 20,070.47 SOMM |
SOMM to JPY over time
SOMM | Today | 24H 1.67% | 1M -55.94% | 1Y -234.38% |
|---|---|---|---|---|
0.5 SOMM | ¥0.02491 JPY | ¥0.0245 JPY | ¥0.03885 JPY | ¥0.0833 JPY |
1 SOMM | ¥0.04982 JPY | ¥0.04899 JPY | ¥0.0777 JPY | ¥0.1666 JPY |
5 SOMM | ¥0.2491 JPY | ¥0.245 JPY | ¥0.3885 JPY | ¥0.833 JPY |
10 SOMM | ¥0.4982 JPY | ¥0.4899 JPY | ¥0.777 JPY | ¥1.67 JPY |
50 SOMM | ¥2.49 JPY | ¥2.45 JPY | ¥3.88 JPY | ¥8.33 JPY |
100 SOMM | ¥4.98 JPY | ¥4.90 JPY | ¥7.77 JPY | ¥16.66 JPY |
500 SOMM | ¥24.91 JPY | ¥24.50 JPY | ¥38.85 JPY | ¥83.30 JPY |
1,000 SOMM | ¥49.82 JPY | ¥48.99 JPY | ¥77.70 JPY | ¥166.60 JPY |
Frequently asked questions
Right now, 1 Sommelier is worth about ¥0.04982.
Based on the current rate, you could get 20.07 SOMM for 1 JPY.
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 JPY calculator at the top of this page to convert any amount of SOMM to JPY. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 JPY is equivalent to 100.35 SOMM. Inversely, 5 SOMM will cost about ¥0.2491
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 GENZ Token, Cedar, and Sway Protocol. 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.

