Convert Sommelier SOMM to Norwegian Krone NOK

SOMM to NOK: 1 Sommelier converts to NOK 0.002119 NOK as of November 2 at 3:18 PM

NOK
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About Sommelier

Sommelier is falling this week. The current price of Sommelier is NOK 0.002119 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of NOK 794,280.34. The amount of Sommelier traded has fallen by -NOK 28.94 in the last 24 hours, which is a 95.02% decrease. Additionally, in the last day, NOK 30.45 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is NOK 0.002119 NOK. In other words, to buy 5 Sommelier, it would cost you NOK 0.010596 NOK. Inversely, NOK 1.00 NOK would allow you to trade for 471.87 SOMM while NOK 50.00 NOK would convert to 23,593.72 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 4.56%. Meanwhile, in the last 24 hours, the rate has changed by 0.81%, and that the highest exchange rate of 1 SOMM to NOK was NOK 0.002172 NOK and the lowest 24 hour value was 1 SOMM for NOK 0.002088 NOK. Last month, 1 SOMM was worth NOK 0.003939 NOK. Today, it's down 44.52%. Looking back a year, Sommelier has changed by NOK 0.01173 NOK. That means that in a single year, the value of Sommelier has shrank by 80.4%.

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.

NOK 0.002119Price
NOK 794.28KMarket cap
NOK 30.45Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to NOK values from Today at 3:18 pm

0.5 SOMM = NOK 0.00106 NOK
1 SOMM = NOK 0.002119 NOK
5 SOMM = NOK 0.0106 NOK
10 SOMM = NOK 0.02119 NOK
50 SOMM = NOK 0.106 NOK
100 SOMM = NOK 0.2119 NOK
500 SOMM = NOK 1.06 NOK
1,000 SOMM = NOK 2.12 NOK

NOK to SOMM values from Today at 4:59 pm

NOK 0.50 NOK = 235.94 SOMM
NOK 1.00 NOK = 471.87 SOMM
NOK 5.00 NOK = 2,359.37 SOMM
NOK 10.00 NOK = 4,718.74 SOMM
NOK 50.00 NOK = 23,593.72 SOMM
NOK 100.00 NOK = 47,187.43 SOMM
NOK 500.00 NOK = 235,937.17 SOMM
NOK 1,000.00 NOK = 471,874.33 SOMM

SOMM to NOK over time

SOMM
Today
24H
100.00%
1M
100.00%
1Y
99.99%
0.5 SOMM
NOK 0.00106 NOK
NOK 0.001053 NOK
NOK 0.001969 NOK
NOK 0.005863 NOK
1 SOMM
NOK 0.002119 NOK
NOK 0.002107 NOK
NOK 0.003939 NOK
NOK 0.01173 NOK
5 SOMM
NOK 0.0106 NOK
NOK 0.01053 NOK
NOK 0.01969 NOK
NOK 0.05863 NOK
10 SOMM
NOK 0.02119 NOK
NOK 0.02107 NOK
NOK 0.03939 NOK
NOK 0.1173 NOK
50 SOMM
NOK 0.106 NOK
NOK 0.1053 NOK
NOK 0.1969 NOK
NOK 0.5863 NOK
100 SOMM
NOK 0.2119 NOK
NOK 0.2107 NOK
NOK 0.3939 NOK
NOK 1.17 NOK
500 SOMM
NOK 1.06 NOK
NOK 1.05 NOK
NOK 1.97 NOK
NOK 5.86 NOK
1,000 SOMM
NOK 2.12 NOK
NOK 2.11 NOK
NOK 3.94 NOK
NOK 11.73 NOK

Frequently asked questions

Right now, 1 Sommelier is worth about NOK 0.002119.
Based on the current rate, you could get 471.87 SOMM for 1 NOK.
Sommelier price has been declining. Since yesterday, the exchange rate of Sommelier has decreased. 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 NOK calculator at the top of this page to convert any amount of SOMM to NOK. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 NOK is equivalent to 2,359.37 SOMM. Inversely, 5 SOMM will cost about NOK 0.0106
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 Hubble Protocol, CryptoMines, and Bento. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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