Convert Sommelier SOMM to Solomon Islands Dollar SBD

SOMM to SBD: 1 Sommelier converts to SBD 0.002377 SBD as of July 29 at 7:20 AM

SBD
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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is SBD 0.002377 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of SBD 877,999.80. The amount of Sommelier traded has fallen by SBD 0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, SBD 113.38 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is SBD 0.002377 SBD. In other words, to buy 5 Sommelier, it would cost you SBD 0.011887 SBD. Inversely, SBD 1.00 SBD would allow you to trade for 420.63 SOMM while SBD 50.00 SBD would convert to 21,031.50 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 2.24%. Meanwhile, in the last 24 hours, the rate has changed by 1.12%, and that the highest exchange rate of 1 SOMM to SBD was SBD 0.002377 SBD and the lowest 24 hour value was 1 SOMM for SBD 0.002346 SBD. Last month, 1 SOMM was worth SBD 0.003828 SBD. Today, it's down 38.12%. Looking back a year, Sommelier has changed by SBD 0.008234 SBD. That means that in a single year, the value of Sommelier has shrank by 70.54%.

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.

SBD 0.002377Price
SBD 878KMarket cap
SBD 113.38Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to SBD values from Today at 7:20 am

0.5 SOMM = SBD 0.001189 SBD
1 SOMM = SBD 0.002377 SBD
5 SOMM = SBD 0.01189 SBD
10 SOMM = SBD 0.02377 SBD
50 SOMM = SBD 0.1189 SBD
100 SOMM = SBD 0.2377 SBD
500 SOMM = SBD 1.19 SBD
1,000 SOMM = SBD 2.38 SBD

SBD to SOMM values from Today at 7:21 am

SBD 0.50 SBD = 210.32 SOMM
SBD 1.00 SBD = 420.63 SOMM
SBD 5.00 SBD = 2,103.15 SOMM
SBD 10.00 SBD = 4,206.30 SOMM
SBD 50.00 SBD = 21,031.50 SOMM
SBD 100.00 SBD = 42,063.01 SOMM
SBD 500.00 SBD = 210,315.04 SOMM
SBD 1,000.00 SBD = 420,630.08 SOMM

SOMM to SBD over time

SOMM
Today
24H
48.64%
1M
16.21%
1Y
-80.24%
0.5 SOMM
SBD 0.001189 SBD
SBD 0.001173 SBD
SBD 0.001914 SBD
SBD 0.004117 SBD
1 SOMM
SBD 0.002377 SBD
SBD 0.002346 SBD
SBD 0.003828 SBD
SBD 0.008234 SBD
5 SOMM
SBD 0.01189 SBD
SBD 0.01173 SBD
SBD 0.01914 SBD
SBD 0.04117 SBD
10 SOMM
SBD 0.02377 SBD
SBD 0.02346 SBD
SBD 0.03828 SBD
SBD 0.08234 SBD
50 SOMM
SBD 0.1189 SBD
SBD 0.1173 SBD
SBD 0.1914 SBD
SBD 0.4117 SBD
100 SOMM
SBD 0.2377 SBD
SBD 0.2346 SBD
SBD 0.3828 SBD
SBD 0.8234 SBD
500 SOMM
SBD 1.19 SBD
SBD 1.17 SBD
SBD 1.91 SBD
SBD 4.12 SBD
1,000 SOMM
SBD 2.38 SBD
SBD 2.35 SBD
SBD 3.83 SBD
SBD 8.23 SBD

Frequently asked questions

Right now, 1 Sommelier is worth about SBD 0.002377.

Based on the current rate, you could get 420.63 SOMM for 1 SBD.

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 SBD calculator at the top of this page to convert any amount of SOMM to SBD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 SBD is equivalent to 2,103.15 SOMM. Inversely, 5 SOMM will cost about SBD 0.01189

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 Titi Financial, MetaSwap, and Bullit. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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