Convert Sommelier SOMM to Real BRL

SOMM to BRL: 1 Sommelier converts to R$0.001588 BRL as of October 7 at 11:26 PM

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About Sommelier

Sommelier is falling this week. The current price of Sommelier is R$0.001588 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of R$595,426.83. The amount of Sommelier traded has risen by R$21,398.97 in the last 24 hours, which is a 2,176.86% increase. Additionally, in the last day, R$983.02 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is R$0.001588 BRL. In other words, to buy 5 Sommelier, it would cost you R$0.007942 BRL. Inversely, R$1.00 BRL would allow you to trade for 629.57 SOMM while R$50.00 BRL would convert to 31,478.36 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 32.72%. Meanwhile, in the last 24 hours, the rate has changed by 18.79%, and that the highest exchange rate of 1 SOMM to BRL was R$0.001951 BRL and the lowest 24 hour value was 1 SOMM for R$0.001412 BRL. Last month, 1 SOMM was worth R$0.001708 BRL. Today, it's down 4.74%. Looking back a year, Sommelier has changed by R$0.01804 BRL. That means that in a single year, the value of Sommelier has shrank by 90.62%.

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.

R$0.001588Price
R$595.43KMarket cap
R$983.02Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to BRL values from Today at 11:26 pm

0.5 SOMM = R$0.0007942 BRL
1 SOMM = R$0.001588 BRL
5 SOMM = R$0.007942 BRL
10 SOMM = R$0.01588 BRL
50 SOMM = R$0.07942 BRL
100 SOMM = R$0.1588 BRL
500 SOMM = R$0.7942 BRL
1,000 SOMM = R$1.59 BRL

BRL to SOMM values from Today at 11:28 pm

R$0.50 BRL = 314.78 SOMM
R$1.00 BRL = 629.57 SOMM
R$5.00 BRL = 3,147.84 SOMM
R$10.00 BRL = 6,295.67 SOMM
R$50.00 BRL = 31,478.36 SOMM
R$100.00 BRL = 62,956.72 SOMM
R$500.00 BRL = 314,783.60 SOMM
R$1,000.00 BRL = 629,567.20 SOMM

SOMM to BRL over time

SOMM
Today
24H
98.86%
1M
99.00%
1Y
89.45%
0.5 SOMM
R$0.0007942 BRL
R$0.0009735 BRL
R$0.0008541 BRL
R$0.009022 BRL
1 SOMM
R$0.001588 BRL
R$0.001947 BRL
R$0.001708 BRL
R$0.01804 BRL
5 SOMM
R$0.007942 BRL
R$0.009735 BRL
R$0.008541 BRL
R$0.09022 BRL
10 SOMM
R$0.01588 BRL
R$0.01947 BRL
R$0.01708 BRL
R$0.1804 BRL
50 SOMM
R$0.07942 BRL
R$0.09735 BRL
R$0.08541 BRL
R$0.9022 BRL
100 SOMM
R$0.1588 BRL
R$0.1947 BRL
R$0.1708 BRL
R$1.80 BRL
500 SOMM
R$0.7942 BRL
R$0.9735 BRL
R$0.8541 BRL
R$9.02 BRL
1,000 SOMM
R$1.59 BRL
R$1.95 BRL
R$1.71 BRL
R$18.04 BRL

Frequently asked questions

Right now, 1 Sommelier is worth about R$0.001588.
Based on the current rate, you could get 629.57 SOMM for 1 BRL.
Sommelier price has been declining. Since yesterday, the exchange rate of Sommelier has decreased. 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 BRL calculator at the top of this page to convert any amount of SOMM to BRL. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 BRL is equivalent to 3,147.84 SOMM. Inversely, 5 SOMM will cost about R$0.007942
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, MetaSwap, and Titi Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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