Convert Sommelier SOMM to Albanian Lek ALL
SOMM to ALL: 1 Sommelier converts to ALL 0.02036 ALL as of October 20 at 3:28 PM
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About Sommelier
Sommelier is falling this week. The current price of Sommelier is ALL 0.02036 per SOMM. With a circulating supply of 0 SOMM, it means that Sommelier has a total market cap of ALL 0.00. The amount of Sommelier traded has fallen by -ALL 26,988 in the last 24 hours, which is a 50.41% decrease. Additionally, in the last day, ALL 53,533 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is ALL 0.02036 ALL. In other words, to buy 5 Sommelier, it would cost you ALL 0.10182 ALL. Inversely, ALL 1 ALL would allow you to trade for 49.11 SOMM while ALL 50 ALL would convert to 2,455.28 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 19.41%. Meanwhile, in the last 24 hours, the rate has changed by 17.95%, and that the highest exchange rate of 1 SOMM to ALL was ALL 0.02504 ALL and the lowest 24 hour value was 1 SOMM for ALL 0.013 ALL. Last month, 1 SOMM was worth ALL 0.02956 ALL. Today, it's down 33.12%. Looking back a year, Sommelier has changed by ALL 0.1719 ALL. That means that in a single year, the value of Sommelier has shrank by 87.99%.
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 3:28 pm
0.5 SOMM = ALL 0.01018 ALL |
1 SOMM = ALL 0.02036 ALL |
5 SOMM = ALL 0.1018 ALL |
10 SOMM = ALL 0.2036 ALL |
50 SOMM = ALL 1.02 ALL |
100 SOMM = ALL 2.04 ALL |
500 SOMM = ALL 10.18 ALL |
1,000 SOMM = ALL 20.36 ALL |
ALL to SOMM values from Today at
ALL 1 ALL = 24.55 SOMM |
ALL 1 ALL = 49.11 SOMM |
ALL 5 ALL = 245.53 SOMM |
ALL 10 ALL = 491.06 SOMM |
ALL 50 ALL = 2,455.28 SOMM |
ALL 100 ALL = 4,910.57 SOMM |
ALL 500 ALL = 24,552.84 SOMM |
ALL 1,000 ALL = 49,105.68 SOMM |
SOMM to ALL over time
SOMM | Today | 24H -20.36% | 1M -45.16% | 1Y -744.21% |
|---|---|---|---|---|
0.5 SOMM | ALL 0.01018 ALL | ALL 0.01226 ALL | ALL 0.01478 ALL | ALL 0.08596 ALL |
1 SOMM | ALL 0.02036 ALL | ALL 0.02451 ALL | ALL 0.02956 ALL | ALL 0.1719 ALL |
5 SOMM | ALL 0.1018 ALL | ALL 0.1226 ALL | ALL 0.1478 ALL | ALL 0.8596 ALL |
10 SOMM | ALL 0.2036 ALL | ALL 0.2451 ALL | ALL 0.2956 ALL | ALL 1.72 ALL |
50 SOMM | ALL 1.02 ALL | ALL 1.23 ALL | ALL 1.48 ALL | ALL 8.60 ALL |
100 SOMM | ALL 2.04 ALL | ALL 2.45 ALL | ALL 2.96 ALL | ALL 17.19 ALL |
500 SOMM | ALL 10.18 ALL | ALL 12.26 ALL | ALL 14.78 ALL | ALL 85.96 ALL |
1,000 SOMM | ALL 20.36 ALL | ALL 24.51 ALL | ALL 29.56 ALL | ALL 171.92 ALL |
Frequently asked questions
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