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About TREE and SOMM
Treehouse is climbing, while Sommelier is falling this week. The current TREE to SOMM conversion rate is 102.59. Inversely, this means that if you convert 1 SOMM you will get 0.009748 TREE. The conversion rate of TREE/SOMM has decreased by 0.76% in the last hour (SOMM/TREE increased by 0.76%). In the last 24 hours, TREE/SOMM grew by 5.07%, while SOMM/TREE shrunk by the same amount.
The exchange rate of Treehouse is increasing. The current value of 1 TREE is 102.59 SOMM. In other words, to buy 5 Treehouse, it would cost you 512.95 SOMM. Inversely, 1 SOMM would allow you to trade for 0.009748 TREE while 50 SOMM would convert to 0.4874 TREE, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.43%. Meanwhile, in the last 24 hours, the rate has changed by 4.04%, and that the highest exchange rate of 1 TREE to SOMM was 104.82 SOMM and the lowest 24 hour value was 1 TREE for 96.39 SOMM. Last month, 1 TREE was worth 128.12 SOMM. Today, it's down 24.89%. Looking back a year, Treehouse has changed by 296.83 SOMM. That means that in a single year, the value of Treehouse has shrank by 189.34%.
Treehouse Market Stats
Treehouse Finance is a decentralized finance (DeFi) platform focused on creating a fixed income layer for digital assets. It aims to solve significant market inefficiencies in crypto fixed income by introducing benchmark interest rates and yield optimization tools, bridging traditional finance concepts with DeFi innovation. Its core offerings include Treehouse Assets (tAssets) and Decentralized Offered Rates (DOR), which unify fragmented interest rates across DeFi platforms and enable institutional-grade yield strategies.
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
TREE to SOMM values from Today at 1:04 am
0.5 TREE = 51.29 SOMM |
1 TREE = 102.59 SOMM |
5 TREE = 512.95 SOMM |
10 TREE = 1,025.89 SOMM |
50 TREE = 5,129.46 SOMM |
100 TREE = 10,258.92 SOMM |
500 TREE = 51,294.59 SOMM |
1,000 TREE = 102,589.18 SOMM |
SOMM to TREE values from Today at 1:06 am
0.5 SOMM = 0.004874 TREE |
1 SOMM = 0.009748 TREE |
5 SOMM = 0.04874 TREE |
10 SOMM = 0.09748 TREE |
50 SOMM = 0.4874 TREE |
100 SOMM = 0.9748 TREE |
500 SOMM = 4.87 TREE |
1,000 SOMM = 9.75 TREE |
TREE to SOMM over time
TREE | Today | 24H 4.04% | 1M -24.89% | 1Y -189.34% |
|---|---|---|---|---|
0.5 TREE | 51.29 SOMM | 49.22 SOMM | 64.06 SOMM | 148.41 SOMM |
1 TREE | 102.59 SOMM | 98.44 SOMM | 128.12 SOMM | 296.83 SOMM |
5 TREE | 512.95 SOMM | 492.22 SOMM | 640.60 SOMM | 1,484.14 SOMM |
10 TREE | 1,025.89 SOMM | 984.45 SOMM | 1,281.19 SOMM | 2,968.27 SOMM |
50 TREE | 5,129.46 SOMM | 4,922.24 SOMM | 6,405.96 SOMM | 14,841.35 SOMM |
100 TREE | 10,258.92 SOMM | 9,844.47 SOMM | 12,811.92 SOMM | 29,682.70 SOMM |
500 TREE | 51,294.59 SOMM | 49,222.36 SOMM | 64,059.59 SOMM | 148,413.50 SOMM |
1,000 TREE | 102,589.18 SOMM | 98,444.71 SOMM | 128,119.18 SOMM | 296,827.00 SOMM |
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