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About WAL and SOMM
Walrus is climbing, while Sommelier is falling this week. The current WAL to SOMM conversion rate is 124.60. Inversely, this means that if you convert 1 SOMM you will get 0.008026 WAL. The conversion rate of WAL/SOMM has decreased by 0.79% in the last hour (SOMM/WAL increased by 0.79%). In the last 24 hours, WAL/SOMM grew by 0.73%, while SOMM/WAL shrunk by 0.72%.
The exchange rate of Walrus is increasing. The current value of 1 WAL is 124.60 SOMM. In other words, to buy 5 Walrus, it would cost you 622.98 SOMM. Inversely, 1 SOMM would allow you to trade for 0.008026 WAL while 50 SOMM would convert to 0.4013 WAL, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 18.47%. Meanwhile, in the last 24 hours, the rate has changed by 1.53%, which means that the highest exchange rate of 1 WAL to SOMM was 126.41 SOMM and the lowest 24 hour value was 1 WAL for 118.78 SOMM. Last month, 1 WAL was worth 117.75 SOMM. Today, it's up 5.82%. Looking back a year, Walrus has changed by 0.00 SOMM. That means that in a single year, the value of Walrus has grown by 0%.
Walrus Market Stats
Walrus is a decentralized storage and data availability protocol built on the Sui blockchain that transforms large-scale data into programmable and verifiable assets. The WAL token is utilized for storage service payments, staking by node operators to secure the network, and participating in protocol governance.
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
WAL to SOMM values from Today at 9:20 am
0.5 WAL = 62.30 SOMM |
1 WAL = 124.60 SOMM |
5 WAL = 622.98 SOMM |
10 WAL = 1,245.96 SOMM |
50 WAL = 6,229.81 SOMM |
100 WAL = 12,459.63 SOMM |
500 WAL = 62,298.13 SOMM |
1,000 WAL = 124,596.25 SOMM |
SOMM to WAL values from Today at 9:19 am
0.5 SOMM = 0.004013 WAL |
1 SOMM = 0.008026 WAL |
5 SOMM = 0.04013 WAL |
10 SOMM = 0.08026 WAL |
50 SOMM = 0.4013 WAL |
100 SOMM = 0.8026 WAL |
500 SOMM = 4.01 WAL |
1,000 SOMM = 8.03 WAL |
WAL to SOMM over time
WAL | Today | 24H 1.51% | 1M 5.50% | 1Y 100.00% |
|---|---|---|---|---|
0.5 WAL | 62.30 SOMM | 61.36 SOMM | 58.87 SOMM | 0.00 SOMM |
1 WAL | 124.60 SOMM | 122.71 SOMM | 117.75 SOMM | 0.00 SOMM |
5 WAL | 622.98 SOMM | 613.57 SOMM | 588.73 SOMM | 0.00 SOMM |
10 WAL | 1,245.96 SOMM | 1,227.14 SOMM | 1,177.46 SOMM | 0.00 SOMM |
50 WAL | 6,229.81 SOMM | 6,135.71 SOMM | 5,887.28 SOMM | 0.00 SOMM |
100 WAL | 12,459.63 SOMM | 12,271.43 SOMM | 11,774.55 SOMM | 0.00 SOMM |
500 WAL | 62,298.13 SOMM | 61,357.13 SOMM | 58,872.77 SOMM | 0.00 SOMM |
1,000 WAL | 124,596.25 SOMM | 122,714.26 SOMM | 117,745.55 SOMM | 0.00 SOMM |
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