Convert Sommelier SOMM to Israeli New Sheqel ILS
SOMM to ILS: 1 Sommelier converts to ₪0.001318 ILS as of September 21 at 8:27 PM
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About Sommelier
Sommelier is climbing this week. The current price of Sommelier is ₪0.001318 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ₪493,975.22. The amount of Sommelier traded has risen by ₪5,570.77 in the last 24 hours, which is a 1,540.76% increase. Additionally, in the last day, ₪361.56 worth of SOMM has been traded.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is ₪0.001318 ILS. In other words, to buy 5 Sommelier, it would cost you ₪0.00659 ILS. Inversely, ₪1.00 ILS would allow you to trade for 758.74 SOMM while ₪50.00 ILS would convert to 37,936.80 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 20.94%. Meanwhile, in the last 24 hours, the rate has changed by 13.09%, which means that the highest exchange rate of 1 SOMM to ILS was ₪0.001324 ILS and the lowest 24 hour value was 1 SOMM for ₪0.001111 ILS. Last month, 1 SOMM was worth ₪0.001164 ILS. Today, it's up 12.71%. Looking back a year, Sommelier has changed by ₪0.009612 ILS. That means that in a single year, the value of Sommelier has shrank by 84.69%.
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 ILS values from Today at 8:27 pm
0.5 SOMM = ₪0.000659 ILS |
1 SOMM = ₪0.001318 ILS |
5 SOMM = ₪0.00659 ILS |
10 SOMM = ₪0.01318 ILS |
50 SOMM = ₪0.0659 ILS |
100 SOMM = ₪0.1318 ILS |
500 SOMM = ₪0.659 ILS |
1,000 SOMM = ₪1.32 ILS |
ILS to SOMM values from Today at
₪0.50 ILS = 379.37 SOMM |
₪1.00 ILS = 758.74 SOMM |
₪5.00 ILS = 3,793.68 SOMM |
₪10.00 ILS = 7,587.36 SOMM |
₪50.00 ILS = 37,936.80 SOMM |
₪100.00 ILS = 75,873.59 SOMM |
₪500.00 ILS = 379,367.95 SOMM |
₪1,000.00 ILS = 758,735.90 SOMM |
SOMM to ILS over time
SOMM | Today | 24H 10.50% | 1M 11.66% | 1Y -629.31% |
|---|---|---|---|---|
0.5 SOMM | ₪0.000659 ILS | ₪0.0005898 ILS | ₪0.0005822 ILS | ₪0.004806 ILS |
1 SOMM | ₪0.001318 ILS | ₪0.00118 ILS | ₪0.001164 ILS | ₪0.009612 ILS |
5 SOMM | ₪0.00659 ILS | ₪0.005898 ILS | ₪0.005822 ILS | ₪0.04806 ILS |
10 SOMM | ₪0.01318 ILS | ₪0.0118 ILS | ₪0.01164 ILS | ₪0.09612 ILS |
50 SOMM | ₪0.0659 ILS | ₪0.05898 ILS | ₪0.05822 ILS | ₪0.4806 ILS |
100 SOMM | ₪0.1318 ILS | ₪0.118 ILS | ₪0.1164 ILS | ₪0.9612 ILS |
500 SOMM | ₪0.659 ILS | ₪0.5898 ILS | ₪0.5822 ILS | ₪4.81 ILS |
1,000 SOMM | ₪1.32 ILS | ₪1.18 ILS | ₪1.16 ILS | ₪9.61 ILS |
Frequently asked questions
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