Convert Sommelier SOMM to Japanese Yen JPY

SOMM to JPY: 1 Sommelier converts to ¥0.0772 JPY as of September 23 at 11:41 AM

¥
Sign up

Buy Sommelier with Coinbase Wallet

Create a Coinbase account to buy and sell Sommelier on the most trusted crypto exchange. Learn more

About Sommelier

Sommelier is climbing this week. The current price of Sommelier is ¥0.0772 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ¥28,932,209.08. The amount of Sommelier traded has fallen by -¥1,125 in the last 24 hours, which is a 95.24% decrease. Additionally, in the last day, ¥1,182 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is ¥0.0772 JPY. In other words, to buy 5 Sommelier, it would cost you ¥0.38598 JPY. Inversely, ¥1 JPY would allow you to trade for 12.95 SOMM while ¥50 JPY would convert to 647.70 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 27.82%. Meanwhile, in the last 24 hours, the rate has changed by 3.73%, which means that the highest exchange rate of 1 SOMM to JPY was ¥0.07737 JPY and the lowest 24 hour value was 1 SOMM for ¥0.07281 JPY. Last month, 1 SOMM was worth ¥0.0528 JPY. Today, it's up 45.56%. Looking back a year, Sommelier has changed by ¥0.463 JPY. That means that in a single year, the value of Sommelier has shrank by 84.47%.

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.

¥0.0772Price
¥28.93MMarket cap
¥1.18KVolume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to JPY values from Today at 11:41 am

0.5 SOMM = ¥0.0386 JPY
1 SOMM = ¥0.0772 JPY
5 SOMM = ¥0.386 JPY
10 SOMM = ¥0.772 JPY
50 SOMM = ¥3.86 JPY
100 SOMM = ¥7.72 JPY
500 SOMM = ¥38.60 JPY
1,000 SOMM = ¥77.20 JPY

JPY to SOMM values from Today at

¥1 JPY = 6.48 SOMM
¥1 JPY = 12.95 SOMM
¥5 JPY = 64.77 SOMM
¥10 JPY = 129.54 SOMM
¥50 JPY = 647.70 SOMM
¥100 JPY = 1,295.40 SOMM
¥500 JPY = 6,476.98 SOMM
¥1,000 JPY = 12,953.96 SOMM

SOMM to JPY over time

SOMM
Today
24H
5.23%
1M
31.61%
1Y
-499.75%
0.5 SOMM
¥0.0386 JPY
¥0.03658 JPY
¥0.0264 JPY
¥0.2315 JPY
1 SOMM
¥0.0772 JPY
¥0.07316 JPY
¥0.0528 JPY
¥0.463 JPY
5 SOMM
¥0.386 JPY
¥0.3658 JPY
¥0.264 JPY
¥2.31 JPY
10 SOMM
¥0.772 JPY
¥0.7316 JPY
¥0.528 JPY
¥4.63 JPY
50 SOMM
¥3.86 JPY
¥3.66 JPY
¥2.64 JPY
¥23.15 JPY
100 SOMM
¥7.72 JPY
¥7.32 JPY
¥5.28 JPY
¥46.30 JPY
500 SOMM
¥38.60 JPY
¥36.58 JPY
¥26.40 JPY
¥231.49 JPY
1,000 SOMM
¥77.20 JPY
¥73.16 JPY
¥52.80 JPY
¥462.98 JPY

Buy Sommelier with Coinbase Wallet

Create a Coinbase account to buy and sell Sommelier on the most secure crypto exchange.

Related conversions

Start your crypto portfolio today

Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.