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About SOMM and ATOM
Sommelier is falling, while Cosmos is climbing this week. The current SOMM to ATOM conversion rate is 0.0001686. Inversely, this means that if you convert 1 ATOM you will get 5,932.13 SOMM. The conversion rate of SOMM/ATOM has decreased by 2.54% in the last hour (ATOM/SOMM increased by 2.6%). In the last 24 hours, SOMM/ATOM shrunk by 11.09%, while ATOM/SOMM grew by 12.47%.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is 0.0001686 ATOM. In other words, to buy 5 Sommelier, it would cost you 0.0008429 ATOM. Inversely, 1 ATOM would allow you to trade for 5,932.13 SOMM while 50 ATOM would convert to 296,606.43 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 12.59%. Meanwhile, in the last 24 hours, the rate has changed by 9.9%, and that the highest exchange rate of 1 SOMM to ATOM was 0.0002099 ATOM and the lowest 24 hour value was 1 SOMM for 0.000138 ATOM. Last month, 1 SOMM was worth 0.0002093 ATOM. Today, it's down 19.46%. Looking back a year, Sommelier has changed by 0.0006233 ATOM. That means that in a single year, the value of Sommelier has shrank by 72.95%.
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.
Cosmos Market Stats
Cosmos (ATOM) is a cryptocurrency that powers an ecosystem of blockchains designed to scale and interoperate with each other. The team aims to "create an Internet of Blockchains, a network of blockchains able to communicate with each other in a decentralized way." Cosmos is a proof-of-stake chain. ATOM holders can stake their tokens in order to maintain the network and receive more ATOM as a reward.
Conversion tables
SOMM to ATOM values from Today at 7:19 pm
0.5 SOMM = 0.00008429 ATOM |
1 SOMM = 0.0001686 ATOM |
5 SOMM = 0.0008429 ATOM |
10 SOMM = 0.001686 ATOM |
50 SOMM = 0.008429 ATOM |
100 SOMM = 0.01686 ATOM |
500 SOMM = 0.08429 ATOM |
1,000 SOMM = 0.1686 ATOM |
ATOM to SOMM values from Today at 7:09 pm
0.5 ATOM = 2,966.06 SOMM |
1 ATOM = 5,932.13 SOMM |
5 ATOM = 29,660.64 SOMM |
10 ATOM = 59,321.29 SOMM |
50 ATOM = 296,606.43 SOMM |
100 ATOM = 593,212.85 SOMM |
500 ATOM = 2,966,064.26 SOMM |
1,000 ATOM = 5,932,128.53 SOMM |
SOMM to ATOM over time
SOMM | Today | 24H -10.99% | 1M -24.16% | 1Y -269.74% |
|---|---|---|---|---|
0.5 SOMM | 0.00008429 ATOM | 0.00009355 ATOM | 0.0001047 ATOM | 0.0003116 ATOM |
1 SOMM | 0.0001686 ATOM | 0.0001871 ATOM | 0.0002093 ATOM | 0.0006233 ATOM |
5 SOMM | 0.0008429 ATOM | 0.0009355 ATOM | 0.001047 ATOM | 0.003116 ATOM |
10 SOMM | 0.001686 ATOM | 0.001871 ATOM | 0.002093 ATOM | 0.006233 ATOM |
50 SOMM | 0.008429 ATOM | 0.009355 ATOM | 0.01047 ATOM | 0.03116 ATOM |
100 SOMM | 0.01686 ATOM | 0.01871 ATOM | 0.02093 ATOM | 0.06233 ATOM |
500 SOMM | 0.08429 ATOM | 0.09355 ATOM | 0.1047 ATOM | 0.3116 ATOM |
1,000 SOMM | 0.1686 ATOM | 0.1871 ATOM | 0.2093 ATOM | 0.6233 ATOM |
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.



