Convert Israeli New Sheqel ILS to Sommelier SOMM

ILS to SOMM: 1 Israeli New Sheqel converts to 1,014.09 SOMM

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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is ₪0.0009861 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ₪372,717.58. The amount of Sommelier traded has risen by ₪7,528.77 in the last 24 hours, which is a 2,211.65% increase. Additionally, in the last day, ₪340.41 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is ₪0.0009861 ILS. In other words, to buy 5 Sommelier, it would cost you ₪0.0049305 ILS. Inversely, ₪1.00 ILS would allow you to trade for 1,014.09 SOMM while ₪50.00 ILS would convert to 50,704.65 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 7.91%. Meanwhile, in the last 24 hours, the rate has changed by 18.05%, and that the highest exchange rate of 1 SOMM to ILS was ₪0.00103 ILS and the lowest 24 hour value was 1 SOMM for ₪0.0008417 ILS. Last month, 1 SOMM was worth ₪0.001019 ILS. Today, it's down 0.47%. Looking back a year, Sommelier has changed by ₪0.003672 ILS. That means that in a single year, the value of Sommelier has shrank by 68.94%.

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.

₪0.0009861Price
₪372.72KMarket cap
₪340.41Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

ILS to SOMM values from Today at

₪0.50 ILS = 507.05 SOMM
₪1.00 ILS = 1,014.09 SOMM
₪5.00 ILS = 5,070.46 SOMM
₪10.00 ILS = 10,140.93 SOMM
₪50.00 ILS = 50,704.65 SOMM
₪100.00 ILS = 101,409.30 SOMM
₪500.00 ILS = 507,046.50 SOMM
₪1,000.00 ILS = 1,014,092.99 SOMM

SOMM to ILS values from Today at 10:35 am

0.5 SOMM = ₪0.0004931 ILS
1 SOMM = ₪0.0009861 ILS
5 SOMM = ₪0.004931 ILS
10 SOMM = ₪0.009861 ILS
50 SOMM = ₪0.04931 ILS
100 SOMM = ₪0.09861 ILS
500 SOMM = ₪0.4931 ILS
1,000 SOMM = ₪0.9861 ILS

ILS to SOMM over time

ILS
Today
24H
-118,663.46%
1M
-98,139.49%
1Y
-27,231.51%
0.5 ILS
507.05 SOMM
593.32 SOMM
490.70 SOMM
136.16 SOMM
1 ILS
1,014.09 SOMM
1,186.63 SOMM
981.39 SOMM
272.32 SOMM
5 ILS
5,070.46 SOMM
5,933.17 SOMM
4,906.97 SOMM
1,361.58 SOMM
10 ILS
10,140.93 SOMM
11,866.35 SOMM
9,813.95 SOMM
2,723.15 SOMM
50 ILS
50,704.65 SOMM
59,331.73 SOMM
49,069.75 SOMM
13,615.76 SOMM
100 ILS
101,409.30 SOMM
118,663.46 SOMM
98,139.49 SOMM
27,231.51 SOMM
500 ILS
507,046.50 SOMM
593,317.32 SOMM
490,697.46 SOMM
136,157.55 SOMM
1,000 ILS
1,014,092.99 SOMM
1,186,634.65 SOMM
981,394.91 SOMM
272,315.11 SOMM

Frequently asked questions

Right now, 1 Sommelier is worth about ₪0.0009861.

Based on the current rate, you could get 1,014.09 SOMM for 1 ILS.

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 ILS calculator at the top of this page to convert any amount of SOMM to ILS. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 ILS is equivalent to 5,070.46 SOMM. Inversely, 5 SOMM will cost about ₪0.004931

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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