Convert Mexican Peso MXN to Sommelier SOMM

MXN to SOMM: 1 Mexican Peso converts to 171.35 SOMM

MX$
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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is MX$0.005836 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of MX$2,187,370.23. The amount of Sommelier traded has risen by MX$337.59 in the last 24 hours, which is a 170.03% increase. Additionally, in the last day, MX$198.55 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is MX$0.005836 MXN. In other words, to buy 5 Sommelier, it would cost you MX$0.029181 MXN. Inversely, MX$1.00 MXN would allow you to trade for 171.35 SOMM while MX$50.00 MXN would convert to 8,567.26 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 8.22%. Meanwhile, in the last 24 hours, the rate has changed by 4.42%, and that the highest exchange rate of 1 SOMM to MXN was MX$0.005875 MXN and the lowest 24 hour value was 1 SOMM for MX$0.00562 MXN. Last month, 1 SOMM was worth MX$0.00573 MXN. Today, it's up 4.57%. Looking back a year, Sommelier has changed by MX$0.02699 MXN. That means that in a single year, the value of Sommelier has shrank by 75.99%.

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.

MX$0.005836Price
MX$2.19MMarket cap
MX$198.55Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

MXN to SOMM values from Today at

MX$0.50 MXN = 85.67 SOMM
MX$1.00 MXN = 171.35 SOMM
MX$5.00 MXN = 856.73 SOMM
MX$10.00 MXN = 1,713.45 SOMM
MX$50.00 MXN = 8,567.26 SOMM
MX$100.00 MXN = 17,134.52 SOMM
MX$500.00 MXN = 85,672.60 SOMM
MX$1,000.00 MXN = 171,345.20 SOMM

SOMM to MXN values from Today at 3:00 am

0.5 SOMM = MX$0.002918 MXN
1 SOMM = MX$0.005836 MXN
5 SOMM = MX$0.02918 MXN
10 SOMM = MX$0.05836 MXN
50 SOMM = MX$0.2918 MXN
100 SOMM = MX$0.5836 MXN
500 SOMM = MX$2.92 MXN
1,000 SOMM = MX$5.84 MXN

MXN to SOMM over time

MXN
Today
24H
-17,767.13%
1M
-17,450.71%
1Y
-3,705.35%
0.5 MXN
85.67 SOMM
88.84 SOMM
87.25 SOMM
18.53 SOMM
1 MXN
171.35 SOMM
177.67 SOMM
174.51 SOMM
37.05 SOMM
5 MXN
856.73 SOMM
888.36 SOMM
872.54 SOMM
185.27 SOMM
10 MXN
1,713.45 SOMM
1,776.71 SOMM
1,745.07 SOMM
370.53 SOMM
50 MXN
8,567.26 SOMM
8,883.56 SOMM
8,725.36 SOMM
1,852.67 SOMM
100 MXN
17,134.52 SOMM
17,767.13 SOMM
17,450.71 SOMM
3,705.35 SOMM
500 MXN
85,672.60 SOMM
88,835.64 SOMM
87,253.56 SOMM
18,526.75 SOMM
1,000 MXN
171,345.20 SOMM
177,671.28 SOMM
174,507.12 SOMM
37,053.49 SOMM

Frequently asked questions

Right now, 1 Sommelier is worth about MX$0.005836.

Based on the current rate, you could get 171.35 SOMM for 1 MXN.

Sommelier price has been on the rise. Since yesterday, the exchange rate of Sommelier has increased. Since last month, the exchange rate of Sommelier has increased. Since this time last year, the price of Sommelier has decreased.

You can use our SOMM to MXN calculator at the top of this page to convert any amount of SOMM to MXN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MXN is equivalent to 856.73 SOMM. Inversely, 5 SOMM will cost about MX$0.02918

Sommelier can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Sommelier.

There are a number of crypto assets that have the a similar or comparable market cap to Sommelier, including Titi Financial, Bnext Token, and Bullit. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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