Convert Sommelier SOMM to Libyan Dinar LYD

SOMM to LYD: 1 Sommelier converts to LYD 0.002345 LYD as of August 12 at 6:29 AM

LYD
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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is LYD 0.002345 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of LYD 870,296.57. The amount of Sommelier traded has risen by LYD 101.215 in the last 24 hours, which is a 315.70% increase. Additionally, in the last day, LYD 32.060 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is LYD 0.002345 LYD. In other words, to buy 5 Sommelier, it would cost you LYD 0.011727 LYD. Inversely, LYD 1.000 LYD would allow you to trade for 426.36 SOMM while LYD 50.000 LYD would convert to 21,317.96 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 11.19%. Meanwhile, in the last 24 hours, the rate has changed by 0.86%, which means that the highest exchange rate of 1 SOMM to LYD was LYD 0.002356 LYD and the lowest 24 hour value was 1 SOMM for LYD 0.002308 LYD. Last month, 1 SOMM was worth LYD 0.002345 LYD. Today, it's up 0.67%. Looking back a year, Sommelier has changed by LYD 0.005709 LYD. That means that in a single year, the value of Sommelier has shrank by 65%.

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.

LYD 0.002345Price
LYD 870.3KMarket cap
LYD 32.06Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to LYD values from Today at 6:29 am

0.5 SOMM = LYD 0.001173 LYD
1 SOMM = LYD 0.002345 LYD
5 SOMM = LYD 0.01173 LYD
10 SOMM = LYD 0.02345 LYD
50 SOMM = LYD 0.1173 LYD
100 SOMM = LYD 0.2345 LYD
500 SOMM = LYD 1.17 LYD
1,000 SOMM = LYD 2.35 LYD

LYD to SOMM values from Today at 6:29 am

LYD 0.500 LYD = 213.18 SOMM
LYD 1.000 LYD = 426.36 SOMM
LYD 5.000 LYD = 2,131.80 SOMM
LYD 10.000 LYD = 4,263.59 SOMM
LYD 50.000 LYD = 21,317.96 SOMM
LYD 100.000 LYD = 42,635.91 SOMM
LYD 500.000 LYD = 213,179.57 SOMM
LYD 1,000.000 LYD = 426,359.14 SOMM

SOMM to LYD over time

SOMM
Today
24H
100.00%
1M
100.00%
1Y
99.99%
0.5 SOMM
LYD 0.001173 LYD
LYD 0.001164 LYD
LYD 0.001173 LYD
LYD 0.002855 LYD
1 SOMM
LYD 0.002345 LYD
LYD 0.002328 LYD
LYD 0.002345 LYD
LYD 0.005709 LYD
5 SOMM
LYD 0.01173 LYD
LYD 0.01164 LYD
LYD 0.01173 LYD
LYD 0.02855 LYD
10 SOMM
LYD 0.02345 LYD
LYD 0.02328 LYD
LYD 0.02345 LYD
LYD 0.05709 LYD
50 SOMM
LYD 0.1173 LYD
LYD 0.1164 LYD
LYD 0.1173 LYD
LYD 0.2855 LYD
100 SOMM
LYD 0.2345 LYD
LYD 0.2328 LYD
LYD 0.2345 LYD
LYD 0.5709 LYD
500 SOMM
LYD 1.17 LYD
LYD 1.16 LYD
LYD 1.17 LYD
LYD 2.85 LYD
1,000 SOMM
LYD 2.35 LYD
LYD 2.33 LYD
LYD 2.35 LYD
LYD 5.71 LYD

Frequently asked questions

Right now, 1 Sommelier is worth about LYD 0.002345.

Based on the current rate, you could get 426.36 SOMM for 1 LYD.

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 LYD calculator at the top of this page to convert any amount of SOMM to LYD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 LYD is equivalent to 2,131.80 SOMM. Inversely, 5 SOMM will cost about LYD 0.01173

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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