Convert Sommelier SOMM to Philippine Peso PHP
SOMM to PHP: 1 Sommelier converts to ₱0.0218 PHP as of July 9 at 4:49 AM
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 falling this week. The current price of Sommelier is ₱0.0218 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ₱8,189,806.20. The amount of Sommelier traded has fallen by -₱636.18 in the last 24 hours, which is a 44.44% decrease. Additionally, in the last day, ₱1,431.57 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is ₱0.0218 PHP. In other words, to buy 5 Sommelier, it would cost you ₱0.10899 PHP. Inversely, ₱1.00 PHP would allow you to trade for 45.88 SOMM while ₱50.00 PHP would convert to 2,293.86 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 25.85%. Meanwhile, in the last 24 hours, the rate has changed by 6.94%, and that the highest exchange rate of 1 SOMM to PHP was ₱0.02347 PHP and the lowest 24 hour value was 1 SOMM for ₱0.02164 PHP. Last month, 1 SOMM was worth ₱0.02615 PHP. Today, it's down 16.73%. 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 72.73%.
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 PHP values from Today at 4:49 am
0.5 SOMM = ₱0.0109 PHP |
1 SOMM = ₱0.0218 PHP |
5 SOMM = ₱0.109 PHP |
10 SOMM = ₱0.218 PHP |
50 SOMM = ₱1.09 PHP |
100 SOMM = ₱2.18 PHP |
500 SOMM = ₱10.90 PHP |
1,000 SOMM = ₱21.80 PHP |
PHP to SOMM values from Today at
₱0.50 PHP = 22.94 SOMM |
₱1.00 PHP = 45.88 SOMM |
₱5.00 PHP = 229.39 SOMM |
₱10.00 PHP = 458.77 SOMM |
₱50.00 PHP = 2,293.86 SOMM |
₱100.00 PHP = 4,587.72 SOMM |
₱500.00 PHP = 22,938.61 SOMM |
₱1,000.00 PHP = 45,877.22 SOMM |
SOMM to PHP over time
SOMM | Today | 24H -7.36% | 1M -19.95% | 1Y -236.31% |
|---|---|---|---|---|
0.5 SOMM | ₱0.0109 PHP | ₱0.0117 PHP | ₱0.01307 PHP | ₱0.03665 PHP |
1 SOMM | ₱0.0218 PHP | ₱0.0234 PHP | ₱0.02615 PHP | ₱0.07331 PHP |
5 SOMM | ₱0.109 PHP | ₱0.117 PHP | ₱0.1307 PHP | ₱0.3665 PHP |
10 SOMM | ₱0.218 PHP | ₱0.234 PHP | ₱0.2615 PHP | ₱0.7331 PHP |
50 SOMM | ₱1.09 PHP | ₱1.17 PHP | ₱1.31 PHP | ₱3.67 PHP |
100 SOMM | ₱2.18 PHP | ₱2.34 PHP | ₱2.61 PHP | ₱7.33 PHP |
500 SOMM | ₱10.90 PHP | ₱11.70 PHP | ₱13.07 PHP | ₱36.65 PHP |
1,000 SOMM | ₱21.80 PHP | ₱23.40 PHP | ₱26.15 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
Discover other cryptocurrencies to currency 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.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.