Convert Sommelier SOMM to Japanese Yen JPY

SOMM to JPY: 1 Sommelier converts to ¥0.05214 JPY as of September 2 at 4:01 AM

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About Sommelier

Sommelier is falling this week. The current price of Sommelier is ¥0.05214 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ¥19,540,776.50. The amount of Sommelier traded has risen by ¥3,307,722 in the last 24 hours, which is a 8,246.33% increase. Additionally, in the last day, ¥40,111 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is ¥0.05214 JPY. In other words, to buy 5 Sommelier, it would cost you ¥0.26069 JPY. Inversely, ¥1 JPY would allow you to trade for 19.18 SOMM while ¥50 JPY would convert to 959.01 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 10.33%. Meanwhile, in the last 24 hours, the rate has changed by 13.04%, and that the highest exchange rate of 1 SOMM to JPY was ¥0.0623 JPY and the lowest 24 hour value was 1 SOMM for ¥0.04507 JPY. Last month, 1 SOMM was worth ¥0.05289 JPY. Today, it's down 2.58%. Looking back a year, Sommelier has changed by ¥0.2413 JPY. That means that in a single year, the value of Sommelier has shrank by 79.93%.

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.

¥0.05214Price
¥19.54MMarket cap
¥40.11KVolume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to JPY values from Today at 4:01 am

0.5 SOMM = ¥0.02607 JPY
1 SOMM = ¥0.05214 JPY
5 SOMM = ¥0.2607 JPY
10 SOMM = ¥0.5214 JPY
50 SOMM = ¥2.61 JPY
100 SOMM = ¥5.21 JPY
500 SOMM = ¥26.07 JPY
1,000 SOMM = ¥52.14 JPY

JPY to SOMM values from Today at

¥1 JPY = 9.59 SOMM
¥1 JPY = 19.18 SOMM
¥5 JPY = 95.90 SOMM
¥10 JPY = 191.80 SOMM
¥50 JPY = 959.01 SOMM
¥100 JPY = 1,918.01 SOMM
¥500 JPY = 9,590.06 SOMM
¥1,000 JPY = 19,180.12 SOMM

SOMM to JPY over time

SOMM
Today
24H
-15.34%
1M
-1.44%
1Y
-362.76%
0.5 SOMM
¥0.02607 JPY
¥0.03007 JPY
¥0.02644 JPY
¥0.1206 JPY
1 SOMM
¥0.05214 JPY
¥0.06014 JPY
¥0.05289 JPY
¥0.2413 JPY
5 SOMM
¥0.2607 JPY
¥0.3007 JPY
¥0.2644 JPY
¥1.21 JPY
10 SOMM
¥0.5214 JPY
¥0.6014 JPY
¥0.5289 JPY
¥2.41 JPY
50 SOMM
¥2.61 JPY
¥3.01 JPY
¥2.64 JPY
¥12.06 JPY
100 SOMM
¥5.21 JPY
¥6.01 JPY
¥5.29 JPY
¥24.13 JPY
500 SOMM
¥26.07 JPY
¥30.07 JPY
¥26.44 JPY
¥120.64 JPY
1,000 SOMM
¥52.14 JPY
¥60.14 JPY
¥52.89 JPY
¥241.27 JPY

Frequently asked questions

Right now, 1 Sommelier is worth about ¥0.05214.

Based on the current rate, you could get 19.18 SOMM for 1 JPY.

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 JPY calculator at the top of this page to convert any amount of SOMM to JPY. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 JPY is equivalent to 95.90 SOMM. Inversely, 5 SOMM will cost about ¥0.2607

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 Ishi Go, The Doge NFT, and Operon Origins. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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