Convert Sommelier SOMM to Israeli New Sheqel ILS

SOMM to ILS: 1 Sommelier converts to ₪0.0007232 ILS as of August 17 at 2:18 PM

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About Sommelier

Sommelier is falling this week. The current price of Sommelier is ₪0.0007232 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ₪269,794.58. The amount of Sommelier traded has fallen by -₪37.16 in the last 24 hours, which is a 19.85% decrease. Additionally, in the last day, ₪187.23 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is ₪0.0007232 ILS. In other words, to buy 5 Sommelier, it would cost you ₪0.0036161 ILS. Inversely, ₪1.00 ILS would allow you to trade for 1,382.70 SOMM while ₪50.00 ILS would convert to 69,134.82 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 32.99%. Meanwhile, in the last 24 hours, the rate has changed by 19.02%, and that the highest exchange rate of 1 SOMM to ILS was ₪0.0008928 ILS and the lowest 24 hour value was 1 SOMM for ₪0.0006228 ILS. Last month, 1 SOMM was worth ₪0.001125 ILS. Today, it's down 33.93%. Looking back a year, Sommelier has changed by ₪0.003974 ILS. That means that in a single year, the value of Sommelier has shrank by 79.23%.

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.

₪0.0007232Price
₪269.79KMarket cap
₪187.23Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to ILS values from Today at 2:18 pm

0.5 SOMM = ₪0.0003616 ILS
1 SOMM = ₪0.0007232 ILS
5 SOMM = ₪0.003616 ILS
10 SOMM = ₪0.007232 ILS
50 SOMM = ₪0.03616 ILS
100 SOMM = ₪0.07232 ILS
500 SOMM = ₪0.3616 ILS
1,000 SOMM = ₪0.7232 ILS

ILS to SOMM values from Today at

₪0.50 ILS = 691.35 SOMM
₪1.00 ILS = 1,382.70 SOMM
₪5.00 ILS = 6,913.48 SOMM
₪10.00 ILS = 13,826.96 SOMM
₪50.00 ILS = 69,134.82 SOMM
₪100.00 ILS = 138,269.63 SOMM
₪500.00 ILS = 691,348.17 SOMM
₪1,000.00 ILS = 1,382,696.34 SOMM

SOMM to ILS over time

SOMM
Today
24H
-23.20%
1M
-55.61%
1Y
-449.50%
0.5 SOMM
₪0.0003616 ILS
₪0.0004455 ILS
₪0.0005627 ILS
₪0.001987 ILS
1 SOMM
₪0.0007232 ILS
₪0.000891 ILS
₪0.001125 ILS
₪0.003974 ILS
5 SOMM
₪0.003616 ILS
₪0.004455 ILS
₪0.005627 ILS
₪0.01987 ILS
10 SOMM
₪0.007232 ILS
₪0.00891 ILS
₪0.01125 ILS
₪0.03974 ILS
50 SOMM
₪0.03616 ILS
₪0.04455 ILS
₪0.05627 ILS
₪0.1987 ILS
100 SOMM
₪0.07232 ILS
₪0.0891 ILS
₪0.1125 ILS
₪0.3974 ILS
500 SOMM
₪0.3616 ILS
₪0.4455 ILS
₪0.5627 ILS
₪1.99 ILS
1,000 SOMM
₪0.7232 ILS
₪0.891 ILS
₪1.13 ILS
₪3.97 ILS

Frequently asked questions

Right now, 1 Sommelier is worth about ₪0.0007232.

Based on the current rate, you could get 1,382.70 SOMM for 1 ILS.

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 ILS calculator at the top of this page to convert any amount of SOMM to ILS. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 ILS is equivalent to 6,913.48 SOMM. Inversely, 5 SOMM will cost about ₪0.003616

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 Snowbank, Pepe Coin, and Waggle Network. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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