Convert Sommelier SOMM to Real BRL

SOMM to BRL: 1 Sommelier converts to R$0.001545 BRL as of October 12 at 5:54 PM

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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is R$0.001545 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of R$579,017.46. The amount of Sommelier traded has risen by R$1,859.89 in the last 24 hours, which is a 167.91% increase. Additionally, in the last day, R$1,107.65 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is R$0.001545 BRL. In other words, to buy 5 Sommelier, it would cost you R$0.007724 BRL. Inversely, R$1.00 BRL would allow you to trade for 647.30 SOMM while R$50.00 BRL would convert to 32,364.93 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 21.82%. Meanwhile, in the last 24 hours, the rate has changed by 9.96%, and that the highest exchange rate of 1 SOMM to BRL was R$0.001595 BRL and the lowest 24 hour value was 1 SOMM for R$0.00124 BRL. Last month, 1 SOMM was worth R$0.001742 BRL. Today, it's down 6.71%. Looking back a year, Sommelier has changed by R$0.01407 BRL. That means that in a single year, the value of Sommelier has shrank by 87.67%.

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.

R$0.001545Price
R$579.02KMarket cap
R$1.11KVolume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to BRL values from Today at 5:54 pm

0.5 SOMM = R$0.0007724 BRL
1 SOMM = R$0.001545 BRL
5 SOMM = R$0.007724 BRL
10 SOMM = R$0.01545 BRL
50 SOMM = R$0.07724 BRL
100 SOMM = R$0.1545 BRL
500 SOMM = R$0.7724 BRL
1,000 SOMM = R$1.54 BRL

BRL to SOMM values from Today at 5:56 pm

R$0.50 BRL = 323.65 SOMM
R$1.00 BRL = 647.30 SOMM
R$5.00 BRL = 3,236.49 SOMM
R$10.00 BRL = 6,472.99 SOMM
R$50.00 BRL = 32,364.93 SOMM
R$100.00 BRL = 64,729.87 SOMM
R$500.00 BRL = 323,649.34 SOMM
R$1,000.00 BRL = 647,298.68 SOMM

SOMM to BRL over time

SOMM
Today
24H
99.14%
1M
98.95%
1Y
91.55%
0.5 SOMM
R$0.0007724 BRL
R$0.0007196 BRL
R$0.0008708 BRL
R$0.007033 BRL
1 SOMM
R$0.001545 BRL
R$0.001439 BRL
R$0.001742 BRL
R$0.01407 BRL
5 SOMM
R$0.007724 BRL
R$0.007196 BRL
R$0.008708 BRL
R$0.07033 BRL
10 SOMM
R$0.01545 BRL
R$0.01439 BRL
R$0.01742 BRL
R$0.1407 BRL
50 SOMM
R$0.07724 BRL
R$0.07196 BRL
R$0.08708 BRL
R$0.7033 BRL
100 SOMM
R$0.1545 BRL
R$0.1439 BRL
R$0.1742 BRL
R$1.41 BRL
500 SOMM
R$0.7724 BRL
R$0.7196 BRL
R$0.8708 BRL
R$7.03 BRL
1,000 SOMM
R$1.54 BRL
R$1.44 BRL
R$1.74 BRL
R$14.07 BRL

Frequently asked questions

Right now, 1 Sommelier is worth about R$0.001545.
Based on the current rate, you could get 647.30 SOMM for 1 BRL.
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 BRL calculator at the top of this page to convert any amount of SOMM to BRL. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 BRL is equivalent to 3,236.49 SOMM. Inversely, 5 SOMM will cost about R$0.007724
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 Reform DAO, FourCoin, and Project MIRAI. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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