Convert Sommelier SOMM to Thai Baht THB
SOMM to THB: 1 Sommelier converts to THB 0.007471 THB as of November 10 at 6:25 AM
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About Sommelier
Sommelier is falling this week. The current price of Sommelier is THB 0.007471 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of THB 2,800,229.84. The amount of Sommelier traded has fallen by -THB 112.71 in the last 24 hours, which is a 38.45% decrease. Additionally, in the last day, THB 293.17 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is THB 0.007471 THB. In other words, to buy 5 Sommelier, it would cost you THB 0.037356 THB. Inversely, THB 1.00 THB would allow you to trade for 133.85 SOMM while THB 50.00 THB would convert to 6,692.35 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 15.79%. Meanwhile, in the last 24 hours, the rate has changed by 4.71%, 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 0.01034 THB. Today, it's down 23.98%. 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 87.93%.
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 6:25 am
0.5 SOMM = THB 0.003736 THB |
1 SOMM = THB 0.007471 THB |
5 SOMM = THB 0.03736 THB |
10 SOMM = THB 0.07471 THB |
50 SOMM = THB 0.3736 THB |
100 SOMM = THB 0.7471 THB |
500 SOMM = THB 3.74 THB |
1,000 SOMM = THB 7.47 THB |
THB to SOMM values from Today at
THB 0.50 THB = 66.92 SOMM |
THB 1.00 THB = 133.85 SOMM |
THB 5.00 THB = 669.23 SOMM |
THB 10.00 THB = 1,338.47 SOMM |
THB 50.00 THB = 6,692.35 SOMM |
THB 100.00 THB = 13,384.70 SOMM |
THB 500.00 THB = 66,923.50 SOMM |
THB 1,000.00 THB = 133,847.00 SOMM |
SOMM to THB over time
SOMM | Today | 24H -4.63% | 1M -38.35% | 1Y -702.71% |
|---|---|---|---|---|
0.5 SOMM | THB 0.003736 THB | THB 0.003909 THB | THB 0.005168 THB | THB 0.02999 THB |
1 SOMM | THB 0.007471 THB | THB 0.007817 THB | THB 0.01034 THB | THB 0.05997 THB |
5 SOMM | THB 0.03736 THB | THB 0.03909 THB | THB 0.05168 THB | THB 0.2999 THB |
10 SOMM | THB 0.07471 THB | THB 0.07817 THB | THB 0.1034 THB | THB 0.5997 THB |
50 SOMM | THB 0.3736 THB | THB 0.3909 THB | THB 0.5168 THB | THB 3.00 THB |
100 SOMM | THB 0.7471 THB | THB 0.7817 THB | THB 1.03 THB | THB 6.00 THB |
500 SOMM | THB 3.74 THB | THB 3.91 THB | THB 5.17 THB | THB 29.99 THB |
1,000 SOMM | THB 7.47 THB | THB 7.82 THB | THB 10.34 THB | THB 59.97 THB |
Frequently asked questions
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