About SOMM and CYS
Sommelier is falling, while Cykura is climbing this week. The current SOMM to CYS conversion rate is 0.9786. Inversely, this means that if you convert 1 CYS you will get 1.02 SOMM. The conversion rate of SOMM/CYS has decreased by 0% in the last hour (CYS/SOMM increased by 0%). In the last 24 hours, SOMM/CYS shrunk by 0.2%, while CYS/SOMM grew by the same amount.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is 0.9786 CYS. In other words, to buy 5 Sommelier, it would cost you 4.8931 CYS. Inversely, 1 CYS would allow you to trade for 1.02 SOMM while 50 CYS would convert to 51.09 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 8.47%. Meanwhile, in the last 24 hours, the rate has changed by 0.2%, which means that the highest exchange rate of 1 SOMM to CYS was 0.9955 CYS and the lowest 24 hour value was 1 SOMM for 0.977 CYS. Last month, 1 SOMM was worth 0.9857 CYS. Today, it's down 0.72%. Looking back a year, Sommelier has changed by 3.13 CYS. That means that in a single year, the value of Sommelier has shrank by 219.51%.
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.
Cykura Market Stats
Cykura (CYS) is a cryptocurrency launched in 2021and operates on the Solana platform. Cykura has a current supply of 100,000,000 with 0 in circulation. The last known price of Cykura is 0.00037395 USD and is up 0.00 over the last 24 hours. It is currently trading on 13 active market(s) with $0.00 traded over the last 24 hours.
Conversion tables
SOMM to CYS values from Today at 5:48 pm
0.5 SOMM = 0.4893 CYS |
1 SOMM = 0.9786 CYS |
5 SOMM = 4.89 CYS |
10 SOMM = 9.79 CYS |
50 SOMM = 48.93 CYS |
100 SOMM = 97.86 CYS |
500 SOMM = 489.31 CYS |
1,000 SOMM = 978.63 CYS |
CYS to SOMM values from Today at 5:51 pm
0.5 CYS = 0.5109 SOMM |
1 CYS = 1.02 SOMM |
5 CYS = 5.11 SOMM |
10 CYS = 10.22 SOMM |
50 CYS = 51.09 SOMM |
100 CYS = 102.18 SOMM |
500 CYS = 510.92 SOMM |
1,000 CYS = 1,021.84 SOMM |
SOMM to CYS over time
SOMM | Today | 24H -0.20% | 1M -0.72% | 1Y -219.51% |
|---|---|---|---|---|
0.5 SOMM | 0.4893 CYS | 0.4903 CYS | 0.4928 CYS | 1.56 CYS |
1 SOMM | 0.9786 CYS | 0.9806 CYS | 0.9857 CYS | 3.13 CYS |
5 SOMM | 4.89 CYS | 4.90 CYS | 4.93 CYS | 15.63 CYS |
10 SOMM | 9.79 CYS | 9.81 CYS | 9.86 CYS | 31.27 CYS |
50 SOMM | 48.93 CYS | 49.03 CYS | 49.28 CYS | 156.34 CYS |
100 SOMM | 97.86 CYS | 98.06 CYS | 98.57 CYS | 312.68 CYS |
500 SOMM | 489.31 CYS | 490.30 CYS | 492.83 CYS | 1,563.40 CYS |
1,000 SOMM | 978.63 CYS | 980.61 CYS | 985.65 CYS | 3,126.80 CYS |
Frequently asked questions
Right now, 1 Sommelier is worth about €0.0003147.
Based on the current rate, you could get 3,177.35 SOMM for 1 EUR.
Sommelier price has been declining. Since yesterday, the exchange rate of Sommelier has decreased. 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 EUR calculator at the top of this page to convert any amount of SOMM to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 15,886.77 SOMM. Inversely, 5 SOMM will cost about €0.001574
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 Sunny Side up, Safuu, and Titi Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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