Convert Sommelier SOMM to Solomon Islands Dollar SBD

SOMM to SBD: 1 Sommelier converts to SBD 0.002718 SBD as of October 16 at 3:08 AM

SBD
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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is SBD 0.002718 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of SBD 1,018,815.89. The amount of Sommelier traded has risen by SBD 653.29 in the last 24 hours, which is a 235.48% increase. Additionally, in the last day, SBD 277.42 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is SBD 0.002718 SBD. In other words, to buy 5 Sommelier, it would cost you SBD 0.013592 SBD. Inversely, SBD 1.00 SBD would allow you to trade for 367.87 SOMM while SBD 50.00 SBD would convert to 18,393.74 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 1.87%. Meanwhile, in the last 24 hours, the rate has changed by 0.77%, and that the highest exchange rate of 1 SOMM to SBD was SBD 0.00278 SBD and the lowest 24 hour value was 1 SOMM for SBD 0.002404 SBD. Last month, 1 SOMM was worth SBD 0.003051 SBD. Today, it's down 13.08%. Looking back a year, Sommelier has changed by SBD 0.01956 SBD. That means that in a single year, the value of Sommelier has shrank by 86.07%.

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.

SBD 0.002718Price
SBD 1.02MMarket cap
SBD 277.42Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to SBD values from Today at 3:08 am

0.5 SOMM = SBD 0.001359 SBD
1 SOMM = SBD 0.002718 SBD
5 SOMM = SBD 0.01359 SBD
10 SOMM = SBD 0.02718 SBD
50 SOMM = SBD 0.1359 SBD
100 SOMM = SBD 0.2718 SBD
500 SOMM = SBD 1.36 SBD
1,000 SOMM = SBD 2.72 SBD

SBD to SOMM values from Today at 3:08 am

SBD 0.50 SBD = 183.94 SOMM
SBD 1.00 SBD = 367.87 SOMM
SBD 5.00 SBD = 1,839.37 SOMM
SBD 10.00 SBD = 3,678.75 SOMM
SBD 50.00 SBD = 18,393.74 SOMM
SBD 100.00 SBD = 36,787.48 SOMM
SBD 500.00 SBD = 183,937.42 SOMM
SBD 1,000.00 SBD = 367,874.85 SOMM

SOMM to SBD over time

SOMM
Today
24H
53.90%
1M
46.94%
1Y
-240.09%
0.5 SOMM
SBD 0.001359 SBD
SBD 0.001325 SBD
SBD 0.001525 SBD
SBD 0.009778 SBD
1 SOMM
SBD 0.002718 SBD
SBD 0.002651 SBD
SBD 0.003051 SBD
SBD 0.01956 SBD
5 SOMM
SBD 0.01359 SBD
SBD 0.01325 SBD
SBD 0.01525 SBD
SBD 0.09778 SBD
10 SOMM
SBD 0.02718 SBD
SBD 0.02651 SBD
SBD 0.03051 SBD
SBD 0.1956 SBD
50 SOMM
SBD 0.1359 SBD
SBD 0.1325 SBD
SBD 0.1525 SBD
SBD 0.9778 SBD
100 SOMM
SBD 0.2718 SBD
SBD 0.2651 SBD
SBD 0.3051 SBD
SBD 1.96 SBD
500 SOMM
SBD 1.36 SBD
SBD 1.33 SBD
SBD 1.53 SBD
SBD 9.78 SBD
1,000 SOMM
SBD 2.72 SBD
SBD 2.65 SBD
SBD 3.05 SBD
SBD 19.56 SBD

Frequently asked questions

Right now, 1 Sommelier is worth about SBD 0.002718.
Based on the current rate, you could get 367.87 SOMM for 1 SBD.
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 SBD calculator at the top of this page to convert any amount of SOMM to SBD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 SBD is equivalent to 1,839.37 SOMM. Inversely, 5 SOMM will cost about SBD 0.01359
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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