Convert Sommelier SOMM to Israeli New Sheqel ILS

SOMM to ILS: 1 Sommelier converts to ₪0.00112 ILS as of September 11 at 2:29 AM

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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is ₪0.00112 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ₪419,819.78. The amount of Sommelier traded has risen by ₪484.76 in the last 24 hours, which is a 207.14% increase. Additionally, in the last day, ₪234.02 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is ₪0.00112 ILS. In other words, to buy 5 Sommelier, it would cost you ₪0.005601 ILS. Inversely, ₪1.00 ILS would allow you to trade for 892.75 SOMM while ₪50.00 ILS would convert to 44,637.52 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 6.96%. Meanwhile, in the last 24 hours, the rate has changed by 19.96%, which means that the highest exchange rate of 1 SOMM to ILS was ₪0.001127 ILS and the lowest 24 hour value was 1 SOMM for ₪0.0009324 ILS. Last month, 1 SOMM was worth ₪0.001094 ILS. Today, it's up 1.33%. Looking back a year, Sommelier has changed by ₪0.005741 ILS. That means that in a single year, the value of Sommelier has shrank by 78.57%.

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.

₪0.00112Price
₪419.82KMarket cap
₪234.02Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to ILS values from Today at 2:29 am

0.5 SOMM = ₪0.0005601 ILS
1 SOMM = ₪0.00112 ILS
5 SOMM = ₪0.005601 ILS
10 SOMM = ₪0.0112 ILS
50 SOMM = ₪0.05601 ILS
100 SOMM = ₪0.112 ILS
500 SOMM = ₪0.5601 ILS
1,000 SOMM = ₪1.12 ILS

ILS to SOMM values from Today at

₪0.50 ILS = 446.38 SOMM
₪1.00 ILS = 892.75 SOMM
₪5.00 ILS = 4,463.75 SOMM
₪10.00 ILS = 8,927.50 SOMM
₪50.00 ILS = 44,637.52 SOMM
₪100.00 ILS = 89,275.03 SOMM
₪500.00 ILS = 446,375.17 SOMM
₪1,000.00 ILS = 892,750.34 SOMM

SOMM to ILS over time

SOMM
Today
24H
16.76%
1M
2.35%
1Y
-412.53%
0.5 SOMM
₪0.0005601 ILS
₪0.0004662 ILS
₪0.0005469 ILS
₪0.002871 ILS
1 SOMM
₪0.00112 ILS
₪0.0009324 ILS
₪0.001094 ILS
₪0.005741 ILS
5 SOMM
₪0.005601 ILS
₪0.004662 ILS
₪0.005469 ILS
₪0.02871 ILS
10 SOMM
₪0.0112 ILS
₪0.009324 ILS
₪0.01094 ILS
₪0.05741 ILS
50 SOMM
₪0.05601 ILS
₪0.04662 ILS
₪0.05469 ILS
₪0.2871 ILS
100 SOMM
₪0.112 ILS
₪0.09324 ILS
₪0.1094 ILS
₪0.5741 ILS
500 SOMM
₪0.5601 ILS
₪0.4662 ILS
₪0.5469 ILS
₪2.87 ILS
1,000 SOMM
₪1.12 ILS
₪0.9324 ILS
₪1.09 ILS
₪5.74 ILS

Frequently asked questions

Right now, 1 Sommelier is worth about ₪0.00112.

Based on the current rate, you could get 892.75 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 4,463.75 SOMM. Inversely, 5 SOMM will cost about ₪0.005601

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 Sunny Side up, Safuu, and Titi Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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