Convert Sommelier SOMM to Real BRL

SOMM to BRL: 1 Sommelier converts to R$0.001256 BRL as of November 2 at 11:56 AM

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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is R$0.001256 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of R$470,680.98. The amount of Sommelier traded has fallen by -R$17.09 in the last 24 hours, which is a 95.23% decrease. Additionally, in the last day, R$17.95 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is R$0.001256 BRL. In other words, to buy 5 Sommelier, it would cost you R$0.006278 BRL. Inversely, R$1.00 BRL would allow you to trade for 796.37 SOMM while R$50.00 BRL would convert to 39,818.70 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 3.57%. Meanwhile, in the last 24 hours, the rate has changed by 0.91%, and that the highest exchange rate of 1 SOMM to BRL was R$0.001271 BRL and the lowest 24 hour value was 1 SOMM for R$0.001232 BRL. Last month, 1 SOMM was worth R$0.002261 BRL. Today, it's down 46.63%. Looking back a year, Sommelier has changed by R$0.006201 BRL. That means that in a single year, the value of Sommelier has shrank by 80.06%.

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.

R$0.001256Price
R$470.68KMarket cap
R$17.95Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to BRL values from Today at 11:56 am

0.5 SOMM = R$0.0006278 BRL
1 SOMM = R$0.001256 BRL
5 SOMM = R$0.006278 BRL
10 SOMM = R$0.01256 BRL
50 SOMM = R$0.06278 BRL
100 SOMM = R$0.1256 BRL
500 SOMM = R$0.6278 BRL
1,000 SOMM = R$1.26 BRL

BRL to SOMM values from Today at 12:17 pm

R$0.50 BRL = 398.19 SOMM
R$1.00 BRL = 796.37 SOMM
R$5.00 BRL = 3,981.87 SOMM
R$10.00 BRL = 7,963.74 SOMM
R$50.00 BRL = 39,818.70 SOMM
R$100.00 BRL = 79,637.40 SOMM
R$500.00 BRL = 398,187.00 SOMM
R$1,000.00 BRL = 796,374.00 SOMM

SOMM to BRL over time

SOMM
Today
24H
99.27%
1M
98.67%
1Y
96.36%
0.5 SOMM
R$0.0006278 BRL
R$0.0006222 BRL
R$0.001131 BRL
R$0.003101 BRL
1 SOMM
R$0.001256 BRL
R$0.001244 BRL
R$0.002261 BRL
R$0.006201 BRL
5 SOMM
R$0.006278 BRL
R$0.006222 BRL
R$0.01131 BRL
R$0.03101 BRL
10 SOMM
R$0.01256 BRL
R$0.01244 BRL
R$0.02261 BRL
R$0.06201 BRL
50 SOMM
R$0.06278 BRL
R$0.06222 BRL
R$0.1131 BRL
R$0.3101 BRL
100 SOMM
R$0.1256 BRL
R$0.1244 BRL
R$0.2261 BRL
R$0.6201 BRL
500 SOMM
R$0.6278 BRL
R$0.6222 BRL
R$1.13 BRL
R$3.10 BRL
1,000 SOMM
R$1.26 BRL
R$1.24 BRL
R$2.26 BRL
R$6.20 BRL

Frequently asked questions

Right now, 1 Sommelier is worth about R$0.001256.
Based on the current rate, you could get 796.37 SOMM for 1 BRL.
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 decreased. Since this time last year, the price of Sommelier has decreased.
You can use our SOMM to BRL calculator at the top of this page to convert any amount of SOMM to BRL. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 BRL is equivalent to 3,981.87 SOMM. Inversely, 5 SOMM will cost about R$0.006278
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 a similar or comparable market cap to Sommelier, including The Big Trout, Thales, and Spectra. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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