Convert Sommelier SOMM to Philippine Peso PHP

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 ₱0.02215 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ₱8,323,444.08. The amount of Sommelier traded has fallen by -₱220.11 in the last 24 hours, which is a 18.80% decrease. Additionally, in the last day, ₱1,171.09 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is ₱0.02215 PHP. In other words, to buy 5 Sommelier, it would cost you ₱0.11073 PHP. Inversely, ₱1.00 PHP would allow you to trade for 45.15 SOMM while ₱50.00 PHP would convert to 2,257.65 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 24.92%. Meanwhile, in the last 24 hours, the rate has changed by 1.91%, and that the highest exchange rate of 1 SOMM to PHP was ₱0.02237 PHP and the lowest 24 hour value was 1 SOMM for ₱0.02164 PHP. Last month, 1 SOMM was worth ₱0.02987 PHP. Today, it's down 26.1%. Looking back a year, Sommelier has changed by ₱0.07331 PHP. That means that in a single year, the value of Sommelier has shrank by 72.3%.

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.

₱0.02215Price
₱8.32MMarket cap
₱1.17KVolume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to PHP values from Today at 7:08 pm

0.5 SOMM = ₱0.01107 PHP
1 SOMM = ₱0.02215 PHP
5 SOMM = ₱0.1107 PHP
10 SOMM = ₱0.2215 PHP
50 SOMM = ₱1.11 PHP
100 SOMM = ₱2.21 PHP
500 SOMM = ₱11.07 PHP
1,000 SOMM = ₱22.15 PHP

PHP to SOMM values from Today at

₱0.50 PHP = 22.58 SOMM
₱1.00 PHP = 45.15 SOMM
₱5.00 PHP = 225.76 SOMM
₱10.00 PHP = 451.53 SOMM
₱50.00 PHP = 2,257.65 SOMM
₱100.00 PHP = 4,515.29 SOMM
₱500.00 PHP = 22,576.47 SOMM
₱1,000.00 PHP = 45,152.95 SOMM

SOMM to PHP over time

SOMM
Today
24H
1.95%
1M
-34.88%
1Y
-231.00%
0.5 SOMM
₱0.01107 PHP
₱0.01086 PHP
₱0.01494 PHP
₱0.03665 PHP
1 SOMM
₱0.02215 PHP
₱0.02172 PHP
₱0.02987 PHP
₱0.07331 PHP
5 SOMM
₱0.1107 PHP
₱0.1086 PHP
₱0.1494 PHP
₱0.3665 PHP
10 SOMM
₱0.2215 PHP
₱0.2172 PHP
₱0.2987 PHP
₱0.7331 PHP
50 SOMM
₱1.11 PHP
₱1.09 PHP
₱1.49 PHP
₱3.67 PHP
100 SOMM
₱2.21 PHP
₱2.17 PHP
₱2.99 PHP
₱7.33 PHP
500 SOMM
₱11.07 PHP
₱10.86 PHP
₱14.94 PHP
₱36.65 PHP
1,000 SOMM
₱22.15 PHP
₱21.72 PHP
₱29.87 PHP
₱73.31 PHP

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.