Convert Sommelier SOMM to Israeli New Sheqel ILS
SOMM to ILS: 1 Sommelier converts to ₪0.001145 ILS as of September 16 at 10:54 AM
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About Sommelier
Sommelier is climbing this week. The current price of Sommelier is ₪0.001145 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ₪429,376.04. The amount of Sommelier traded has risen by ₪188,316.58 in the last 24 hours, which is a 17,900.00% increase. Additionally, in the last day, ₪1,052.05 worth of SOMM has been traded.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is ₪0.001145 ILS. In other words, to buy 5 Sommelier, it would cost you ₪0.005727 ILS. Inversely, ₪1.00 ILS would allow you to trade for 873.08 SOMM while ₪50.00 ILS would convert to 43,654.22 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 4.24%. Meanwhile, in the last 24 hours, the rate has changed by 6.51%, and that the highest exchange rate of 1 SOMM to ILS was ₪0.001163 ILS and the lowest 24 hour value was 1 SOMM for ₪0.001044 ILS. Last month, 1 SOMM was worth ₪0.000851 ILS. Today, it's up 31.33%. Looking back a year, Sommelier has changed by ₪0.00627 ILS. That means that in a single year, the value of Sommelier has shrank by 79.83%.
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
SOMM to ILS values from Today at 10:54 am
0.5 SOMM = ₪0.0005727 ILS |
1 SOMM = ₪0.001145 ILS |
5 SOMM = ₪0.005727 ILS |
10 SOMM = ₪0.01145 ILS |
50 SOMM = ₪0.05727 ILS |
100 SOMM = ₪0.1145 ILS |
500 SOMM = ₪0.5727 ILS |
1,000 SOMM = ₪1.15 ILS |
ILS to SOMM values from Today at
₪0.50 ILS = 436.54 SOMM |
₪1.00 ILS = 873.08 SOMM |
₪5.00 ILS = 4,365.42 SOMM |
₪10.00 ILS = 8,730.84 SOMM |
₪50.00 ILS = 43,654.22 SOMM |
₪100.00 ILS = 87,308.44 SOMM |
₪500.00 ILS = 436,542.22 SOMM |
₪1,000.00 ILS = 873,084.44 SOMM |
SOMM to ILS over time
SOMM | Today | 24H 5.47% | 1M 25.70% | 1Y -447.42% |
|---|---|---|---|---|
0.5 SOMM | ₪0.0005727 ILS | ₪0.0005413 ILS | ₪0.0004255 ILS | ₪0.003135 ILS |
1 SOMM | ₪0.001145 ILS | ₪0.001083 ILS | ₪0.000851 ILS | ₪0.00627 ILS |
5 SOMM | ₪0.005727 ILS | ₪0.005413 ILS | ₪0.004255 ILS | ₪0.03135 ILS |
10 SOMM | ₪0.01145 ILS | ₪0.01083 ILS | ₪0.00851 ILS | ₪0.0627 ILS |
50 SOMM | ₪0.05727 ILS | ₪0.05413 ILS | ₪0.04255 ILS | ₪0.3135 ILS |
100 SOMM | ₪0.1145 ILS | ₪0.1083 ILS | ₪0.0851 ILS | ₪0.627 ILS |
500 SOMM | ₪0.5727 ILS | ₪0.5413 ILS | ₪0.4255 ILS | ₪3.13 ILS |
1,000 SOMM | ₪1.15 ILS | ₪1.08 ILS | ₪0.851 ILS | ₪6.27 ILS |
Frequently asked questions
Right now, 1 Sommelier is worth about ₪0.001145.
Based on the current rate, you could get 873.08 SOMM for 1 ILS.
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 increased. 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 4,365.42 SOMM. Inversely, 5 SOMM will cost about ₪0.005727
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 Alpha Fi, Digimon Rabbit, and Analysoor. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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