Convert Sommelier SOMM to Treehouse TREE
SOMM to TREE: 1 Sommelier converts to 0.006641 TREE
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About SOMM and TREE
Sommelier is falling, while Treehouse is climbing this week. The current SOMM to TREE conversion rate is 0.006641. Inversely, this means that if you convert 1 TREE you will get 150.58 SOMM. The conversion rate of SOMM/TREE has decreased by 0.1% in the last hour (TREE/SOMM increased by 0.1%). In the last 24 hours, SOMM/TREE shrunk by 20.61%, while TREE/SOMM grew by 25.96%.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is 0.006641 TREE. In other words, to buy 5 Sommelier, it would cost you 0.033205 TREE. Inversely, 1 TREE would allow you to trade for 150.58 SOMM while 50 TREE would convert to 7,529.03 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.64%. Meanwhile, in the last 24 hours, the rate has changed by 20.45%, which means that the highest exchange rate of 1 SOMM to TREE was 0.008736 TREE and the lowest 24 hour value was 1 SOMM for 0.006594 TREE. Last month, 1 SOMM was worth 0.009374 TREE. Today, it's down 29.15%. Looking back a year, Sommelier has changed by 0.01543 TREE. That means that in a single year, the value of Sommelier has shrank by 56.96%.
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.
Treehouse Market Stats
Treehouse Finance is a decentralized finance (DeFi) platform focused on creating a fixed income layer for digital assets. It aims to solve significant market inefficiencies in crypto fixed income by introducing benchmark interest rates and yield optimization tools, bridging traditional finance concepts with DeFi innovation. Its core offerings include Treehouse Assets (tAssets) and Decentralized Offered Rates (DOR), which unify fragmented interest rates across DeFi platforms and enable institutional-grade yield strategies.
Conversion tables
SOMM to TREE values from Today at 9:58 pm
0.5 SOMM = 0.00332 TREE |
1 SOMM = 0.006641 TREE |
5 SOMM = 0.0332 TREE |
10 SOMM = 0.06641 TREE |
50 SOMM = 0.332 TREE |
100 SOMM = 0.6641 TREE |
500 SOMM = 3.32 TREE |
1,000 SOMM = 6.64 TREE |
TREE to SOMM values from Today at 10:01 pm
0.5 TREE = 75.29 SOMM |
1 TREE = 150.58 SOMM |
5 TREE = 752.90 SOMM |
10 TREE = 1,505.81 SOMM |
50 TREE = 7,529.03 SOMM |
100 TREE = 15,058.06 SOMM |
500 TREE = 75,290.31 SOMM |
1,000 TREE = 150,580.62 SOMM |
SOMM to TREE over time
SOMM | Today | 24H -25.71% | 1M -41.15% | 1Y -132.36% |
|---|---|---|---|---|
0.5 SOMM | 0.00332 TREE | 0.004174 TREE | 0.004687 TREE | 0.007716 TREE |
1 SOMM | 0.006641 TREE | 0.008348 TREE | 0.009374 TREE | 0.01543 TREE |
5 SOMM | 0.0332 TREE | 0.04174 TREE | 0.04687 TREE | 0.07716 TREE |
10 SOMM | 0.06641 TREE | 0.08348 TREE | 0.09374 TREE | 0.1543 TREE |
50 SOMM | 0.332 TREE | 0.4174 TREE | 0.4687 TREE | 0.7716 TREE |
100 SOMM | 0.6641 TREE | 0.8348 TREE | 0.9374 TREE | 1.54 TREE |
500 SOMM | 3.32 TREE | 4.17 TREE | 4.69 TREE | 7.72 TREE |
1,000 SOMM | 6.64 TREE | 8.35 TREE | 9.37 TREE | 15.43 TREE |
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