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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About SOMM and UP
Sommelier is falling, while Superform is climbing this week. The current SOMM to UP conversion rate is 0.004383. Inversely, this means that if you convert 1 UP you will get 228.18 SOMM. The conversion rate of SOMM/UP has decreased by 0.14% in the last hour (UP/SOMM increased by 0.14%). In the last 24 hours, SOMM/UP shrunk by 24.49%, while UP/SOMM grew by the same amount.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is 0.004383 UP. In other words, to buy 5 Sommelier, it would cost you 0.021913 UP. Inversely, 1 UP would allow you to trade for 228.18 SOMM while 50 UP would convert to 11,408.80 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 13.74%. Meanwhile, in the last 24 hours, the rate has changed by 23.7%, and that the highest exchange rate of 1 SOMM to UP was 0.005421 UP and the lowest 24 hour value was 1 SOMM for 0.004134 UP. Last month, 1 SOMM was worth 0.00696 UP. Today, it's down 58.81%. Looking back a year, Sommelier has changed by ∞ UP. That means that in a single year, the value of Sommelier has shrank by ∞%.
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.
Superform Market Stats
Superform is a cross-chain yield aggregation protocol that functions as a non-custodial neobank by unifying access to DeFi vaults across multiple blockchains. The UP token serves as the ecosystem's coordination hub, where it is used for protocol governance and staked by validators to secure cross-chain execution.
Conversion tables
SOMM to UP values from Today at 2:35 pm
0.5 SOMM = 0.002191 UP |
1 SOMM = 0.004383 UP |
5 SOMM = 0.02191 UP |
10 SOMM = 0.04383 UP |
50 SOMM = 0.2191 UP |
100 SOMM = 0.4383 UP |
500 SOMM = 2.19 UP |
1,000 SOMM = 4.38 UP |
UP to SOMM values from Today at 2:38 pm
0.5 UP = 114.09 SOMM |
1 UP = 228.18 SOMM |
5 UP = 1,140.88 SOMM |
10 UP = 2,281.76 SOMM |
50 UP = 11,408.80 SOMM |
100 UP = 22,817.59 SOMM |
500 UP = 114,087.95 SOMM |
1,000 UP = 228,175.91 SOMM |
SOMM to UP over time
SOMM | Today | 24H -23.70% | 1M -58.81% | 1Y 69.48% |
|---|---|---|---|---|
0.5 SOMM | 0.002191 UP | 0.002711 UP | 0.00348 UP | 0.0006688 UP |
1 SOMM | 0.004383 UP | 0.005421 UP | 0.00696 UP | 0.001338 UP |
5 SOMM | 0.02191 UP | 0.02711 UP | 0.0348 UP | 0.006688 UP |
10 SOMM | 0.04383 UP | 0.05421 UP | 0.0696 UP | 0.01338 UP |
50 SOMM | 0.2191 UP | 0.2711 UP | 0.348 UP | 0.06688 UP |
100 SOMM | 0.4383 UP | 0.5421 UP | 0.696 UP | 0.1338 UP |
500 SOMM | 2.19 UP | 2.71 UP | 3.48 UP | 0.6688 UP |
1,000 SOMM | 4.38 UP | 5.42 UP | 6.96 UP | 1.34 UP |
Frequently asked questions
Right now, 1 Sommelier is worth about CA$0.000419.
Based on the current rate, you could get 2,386.47 SOMM for 1 CAD.
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 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 11,932.37 SOMM. Inversely, 5 SOMM will cost about CA$0.002095
Sommelier can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Sommelier.
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