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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 COTI and SOMM
COTI is falling, while Sommelier is climbing this week. The current COTI to SOMM conversion rate is 22.98. Inversely, this means that if you convert 1 SOMM you will get 0.04352 COTI. The conversion rate of COTI/SOMM has increased by 1.68% in the last hour (SOMM/COTI decreased by 1.68%). In the last 24 hours, COTI/SOMM shrunk by 27.71%, while SOMM/COTI grew by the same amount.
The exchange rate of COTI is decreasing. The current value of 1 COTI is 22.98 SOMM. In other words, to buy 5 COTI, it would cost you 114.89 SOMM. Inversely, 1 SOMM would allow you to trade for 0.04352 COTI while 50 SOMM would convert to 2.18 COTI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 30.73%. Meanwhile, in the last 24 hours, the rate has changed by 31.06%, and that the highest exchange rate of 1 COTI to SOMM was 31.26 SOMM and the lowest 24 hour value was 1 COTI for 21.53 SOMM. Last month, 1 COTI was worth 21.89 SOMM. Today, it's up 4.73%. Looking back a year, COTI has changed by 50.17 SOMM. That means that in a single year, the value of COTI has shrank by 118.36%.
COTI Market Stats
COTI is a token that powers Coti, a project that describes itself as a “DAG (directed acyclic graph) protocol optimized for creating decentralized payment networks and stable coins.” Coti uses Trustchain, a decentralized ledger that can process over 100,000 transactions per second, to power online and offline payments, loyalty payments, stablecoins, and more. Note: Coinbase currently only supports COTI running on the Ethereum blockchain (ERC-20).
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
COTI to SOMM values from Today at 12:49 am
0.5 COTI = 11.49 SOMM |
1 COTI = 22.98 SOMM |
5 COTI = 114.89 SOMM |
10 COTI = 229.77 SOMM |
50 COTI = 1,148.87 SOMM |
100 COTI = 2,297.74 SOMM |
500 COTI = 11,488.68 SOMM |
1,000 COTI = 22,977.37 SOMM |
SOMM to COTI values from Today at 12:48 am
0.5 SOMM = 0.02176 COTI |
1 SOMM = 0.04352 COTI |
5 SOMM = 0.2176 COTI |
10 SOMM = 0.4352 COTI |
50 SOMM = 2.18 COTI |
100 SOMM = 4.35 COTI |
500 SOMM = 21.76 COTI |
1,000 SOMM = 43.52 COTI |
COTI to SOMM over time
COTI | Today | 24H -31.06% | 1M 4.73% | 1Y -118.36% |
|---|---|---|---|---|
0.5 COTI | 11.49 SOMM | 15.06 SOMM | 10.95 SOMM | 25.09 SOMM |
1 COTI | 22.98 SOMM | 30.12 SOMM | 21.89 SOMM | 50.17 SOMM |
5 COTI | 114.89 SOMM | 150.58 SOMM | 109.45 SOMM | 250.87 SOMM |
10 COTI | 229.77 SOMM | 301.15 SOMM | 218.91 SOMM | 501.73 SOMM |
50 COTI | 1,148.87 SOMM | 1,505.75 SOMM | 1,094.54 SOMM | 2,508.67 SOMM |
100 COTI | 2,297.74 SOMM | 3,011.50 SOMM | 2,189.08 SOMM | 5,017.35 SOMM |
500 COTI | 11,488.68 SOMM | 15,057.52 SOMM | 10,945.39 SOMM | 25,086.74 SOMM |
1,000 COTI | 22,977.37 SOMM | 30,115.04 SOMM | 21,890.79 SOMM | 50,173.49 SOMM |
Frequently asked questions
Right now, 1 COTI is worth about €0.008452.
Based on the current rate, you could get 118.32 COTI for 1 EUR.
COTI price has been declining. Since yesterday, the exchange rate of COTI has decreased. Since last month, the exchange rate of COTI has increased. Since this time last year, the price of COTI has decreased.
You can use our COTI to EUR calculator at the top of this page to convert any amount of COTI to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 591.60 COTI. Inversely, 5 COTI will cost about €0.04226
COTI is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy COTI.
There are a number of crypto assets that have the a similar or comparable market cap to COTI, including deBridge, BSquared Network, and NotInEmploymentEducationTraining. For a more robust list of assets to explore, jump to the asset page dedicated to COTI.
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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.