Convert Sommelier SOMM to Thai Baht THB
SOMM to THB: 1 Sommelier converts to THB 0.007531 THB as of November 10 at 1:16 AM
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About Sommelier
Sommelier is falling this week. The current price of Sommelier is THB 0.007531 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of THB 2,822,363.56. The amount of Sommelier traded has fallen by -THB 114.93 in the last 24 hours, which is a 39.05% decrease. Additionally, in the last day, THB 294.34 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is THB 0.007531 THB. In other words, to buy 5 Sommelier, it would cost you THB 0.037654 THB. Inversely, THB 1.00 THB would allow you to trade for 132.79 SOMM while THB 50.00 THB would convert to 6,639.42 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 16.95%. Meanwhile, in the last 24 hours, the rate has changed by 4.84%, and that the highest exchange rate of 1 SOMM to THB was THB 0.008001 THB and the lowest 24 hour value was 1 SOMM for THB 0.007276 THB. Last month, 1 SOMM was worth THB 0.009586 THB. Today, it's down 21.34%. Looking back a year, Sommelier has changed by THB 0.05997 THB. That means that in a single year, the value of Sommelier has shrank by 87.87%.
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 THB values from Today at 1:16 am
0.5 SOMM = THB 0.003765 THB |
1 SOMM = THB 0.007531 THB |
5 SOMM = THB 0.03765 THB |
10 SOMM = THB 0.07531 THB |
50 SOMM = THB 0.3765 THB |
100 SOMM = THB 0.7531 THB |
500 SOMM = THB 3.77 THB |
1,000 SOMM = THB 7.53 THB |
THB to SOMM values from Today at
THB 0.50 THB = 66.39 SOMM |
THB 1.00 THB = 132.79 SOMM |
THB 5.00 THB = 663.94 SOMM |
THB 10.00 THB = 1,327.88 SOMM |
THB 50.00 THB = 6,639.42 SOMM |
THB 100.00 THB = 13,278.84 SOMM |
THB 500.00 THB = 66,394.19 SOMM |
THB 1,000.00 THB = 132,788.38 SOMM |
SOMM to THB over time
SOMM | Today | 24H -5.49% | 1M -27.30% | 1Y -696.36% |
|---|---|---|---|---|
0.5 SOMM | THB 0.003765 THB | THB 0.003972 THB | THB 0.004793 THB | THB 0.02999 THB |
1 SOMM | THB 0.007531 THB | THB 0.007944 THB | THB 0.009586 THB | THB 0.05997 THB |
5 SOMM | THB 0.03765 THB | THB 0.03972 THB | THB 0.04793 THB | THB 0.2999 THB |
10 SOMM | THB 0.07531 THB | THB 0.07944 THB | THB 0.09586 THB | THB 0.5997 THB |
50 SOMM | THB 0.3765 THB | THB 0.3972 THB | THB 0.4793 THB | THB 3.00 THB |
100 SOMM | THB 0.7531 THB | THB 0.7944 THB | THB 0.9586 THB | THB 6.00 THB |
500 SOMM | THB 3.77 THB | THB 3.97 THB | THB 4.79 THB | THB 29.99 THB |
1,000 SOMM | THB 7.53 THB | THB 7.94 THB | THB 9.59 THB | THB 59.97 THB |
Frequently asked questions
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