Convert Sommelier SOMM to Albanian Lek ALL
SOMM to ALL: 1 Sommelier converts to ALL 0.01877 ALL as of November 8 at 8:18 AM
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About Sommelier
Sommelier is falling this week. The current price of Sommelier is ALL 0.01877 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ALL 7,036,619.05. The amount of Sommelier traded has risen by ALL 356 in the last 24 hours, which is a 33.54% increase. Additionally, in the last day, ALL 1,061 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is ALL 0.01877 ALL. In other words, to buy 5 Sommelier, it would cost you ALL 0.09387 ALL. Inversely, ALL 1 ALL would allow you to trade for 53.26 SOMM while ALL 50 ALL would convert to 2,663.19 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.12%. Meanwhile, in the last 24 hours, the rate has changed by 1.39%, and that the highest exchange rate of 1 SOMM to ALL was ALL 0.01946 ALL and the lowest 24 hour value was 1 SOMM for ALL 0.01874 ALL. Last month, 1 SOMM was worth ALL 0.02665 ALL. Today, it's down 27.77%. Looking back a year, Sommelier has changed by ALL 0.1173 ALL. That means that in a single year, the value of Sommelier has shrank by 83.27%.
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 ALL values from Today at 8:18 am
0.5 SOMM = ALL 0.009387 ALL |
1 SOMM = ALL 0.01877 ALL |
5 SOMM = ALL 0.09387 ALL |
10 SOMM = ALL 0.1877 ALL |
50 SOMM = ALL 0.9387 ALL |
100 SOMM = ALL 1.88 ALL |
500 SOMM = ALL 9.39 ALL |
1,000 SOMM = ALL 18.77 ALL |
ALL to SOMM values from Today at
ALL 1 ALL = 26.63 SOMM |
ALL 1 ALL = 53.26 SOMM |
ALL 5 ALL = 266.32 SOMM |
ALL 10 ALL = 532.64 SOMM |
ALL 50 ALL = 2,663.19 SOMM |
ALL 100 ALL = 5,326.38 SOMM |
ALL 500 ALL = 26,631.88 SOMM |
ALL 1,000 ALL = 53,263.75 SOMM |
SOMM to ALL over time
SOMM | Today | 24H -3.10% | 1M -41.93% | 1Y -524.92% |
|---|---|---|---|---|
0.5 SOMM | ALL 0.009387 ALL | ALL 0.009678 ALL | ALL 0.01332 ALL | ALL 0.05866 ALL |
1 SOMM | ALL 0.01877 ALL | ALL 0.01936 ALL | ALL 0.02665 ALL | ALL 0.1173 ALL |
5 SOMM | ALL 0.09387 ALL | ALL 0.09678 ALL | ALL 0.1332 ALL | ALL 0.5866 ALL |
10 SOMM | ALL 0.1877 ALL | ALL 0.1936 ALL | ALL 0.2665 ALL | ALL 1.17 ALL |
50 SOMM | ALL 0.9387 ALL | ALL 0.9678 ALL | ALL 1.33 ALL | ALL 5.87 ALL |
100 SOMM | ALL 1.88 ALL | ALL 1.94 ALL | ALL 2.66 ALL | ALL 11.73 ALL |
500 SOMM | ALL 9.39 ALL | ALL 9.68 ALL | ALL 13.32 ALL | ALL 58.66 ALL |
1,000 SOMM | ALL 18.77 ALL | ALL 19.36 ALL | ALL 26.65 ALL | ALL 117.33 ALL |
Frequently asked questions
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