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About DBR and SOMM
deBridge is climbing, while Sommelier is falling this week. The current DBR to SOMM conversion rate is 40.24. Inversely, this means that if you convert 1 SOMM you will get 0.02485 DBR. The conversion rate of DBR/SOMM has decreased by 1.03% in the last hour (SOMM/DBR increased by 1.03%). In the last 24 hours, DBR/SOMM grew by 6.16%, while SOMM/DBR shrunk by the same amount.
The exchange rate of deBridge is increasing. The current value of 1 DBR is 40.24 SOMM. In other words, to buy 5 deBridge, it would cost you 201.19 SOMM. Inversely, 1 SOMM would allow you to trade for 0.02485 DBR while 50 SOMM would convert to 1.24 DBR, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.22%. Meanwhile, in the last 24 hours, the rate has changed by 5.48%, and that the highest exchange rate of 1 DBR to SOMM was 40.66 SOMM and the lowest 24 hour value was 1 DBR for 36.99 SOMM. Last month, 1 DBR was worth 45.31 SOMM. Today, it's down 12.61%. Looking back a year, deBridge has changed by 19.15 SOMM. That means that in a single year, the value of deBridge has grown by 52.41%.
deBridge Market Stats
DBR is the governance token of the deBridge ecosystem, which is a cross-chain interoperability protocol designed to connect multiple blockchain networks and enable seamless transfers of data, assets, and liquidity across them.
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
DBR to SOMM values from Today at 9:55 am
0.5 DBR = 20.12 SOMM |
1 DBR = 40.24 SOMM |
5 DBR = 201.19 SOMM |
10 DBR = 402.38 SOMM |
50 DBR = 2,011.89 SOMM |
100 DBR = 4,023.78 SOMM |
500 DBR = 20,118.91 SOMM |
1,000 DBR = 40,237.82 SOMM |
SOMM to DBR values from Today at 9:53 am
0.5 SOMM = 0.01243 DBR |
1 SOMM = 0.02485 DBR |
5 SOMM = 0.1243 DBR |
10 SOMM = 0.2485 DBR |
50 SOMM = 1.24 DBR |
100 SOMM = 2.49 DBR |
500 SOMM = 12.43 DBR |
1,000 SOMM = 24.85 DBR |
DBR to SOMM over time
DBR | Today | 24H 5.48% | 1M -12.61% | 1Y 52.41% |
|---|---|---|---|---|
0.5 DBR | 20.12 SOMM | 19.02 SOMM | 22.66 SOMM | 9.57 SOMM |
1 DBR | 40.24 SOMM | 38.03 SOMM | 45.31 SOMM | 19.15 SOMM |
5 DBR | 201.19 SOMM | 190.16 SOMM | 226.57 SOMM | 95.75 SOMM |
10 DBR | 402.38 SOMM | 380.32 SOMM | 453.14 SOMM | 191.50 SOMM |
50 DBR | 2,011.89 SOMM | 1,901.62 SOMM | 2,265.69 SOMM | 957.49 SOMM |
100 DBR | 4,023.78 SOMM | 3,803.24 SOMM | 4,531.38 SOMM | 1,914.98 SOMM |
500 DBR | 20,118.91 SOMM | 19,016.18 SOMM | 22,656.89 SOMM | 9,574.89 SOMM |
1,000 DBR | 40,237.82 SOMM | 38,032.36 SOMM | 45,313.78 SOMM | 19,149.79 SOMM |
Frequently asked questions
Right now, 1 deBridge is worth about €0.01277.
Based on the current rate, you could get 78.29 DBR for 1 EUR.
deBridge price has been on the rise. Since yesterday, the exchange rate of deBridge has increased. Since last month, the exchange rate of deBridge has decreased. Since this time last year, the price of deBridge has decreased.
You can use our DBR to EUR calculator at the top of this page to convert any amount of DBR to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 391.46 DBR. Inversely, 5 DBR will cost about €0.06386
deBridge is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy deBridge.
There are a number of crypto assets that have the a similar or comparable market cap to deBridge, including Liquity USD, Tokenised GBP, and ORE. For a more robust list of assets to explore, jump to the asset page dedicated to deBridge.
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