Convert Sommelier SOMM to Real BRL

SOMM to BRL: 1 Sommelier converts to R$0.001747 BRL as of September 12 at 1:22 PM

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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is R$0.001747 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of R$655,016.80. The amount of Sommelier traded has fallen by -R$4.19 in the last 24 hours, which is a 99.23% decrease. Additionally, in the last day, R$4.22 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is R$0.001747 BRL. In other words, to buy 5 Sommelier, it would cost you R$0.008735 BRL. Inversely, R$1.00 BRL would allow you to trade for 572.40 SOMM while R$50.00 BRL would convert to 28,619.97 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 4.03%. Meanwhile, in the last 24 hours, the rate has changed by 0.97%, which means that the highest exchange rate of 1 SOMM to BRL was R$0.001775 BRL and the lowest 24 hour value was 1 SOMM for R$0.001712 BRL. Last month, 1 SOMM was worth R$0.001907 BRL. Today, it's down 7.32%. Looking back a year, Sommelier has changed by R$0.009313 BRL. That means that in a single year, the value of Sommelier has shrank by 80.26%.

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$0.001747Price
R$655.02KMarket cap
R$4.22Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to BRL values from Today at 1:22 pm

0.5 SOMM = R$0.0008735 BRL
1 SOMM = R$0.001747 BRL
5 SOMM = R$0.008735 BRL
10 SOMM = R$0.01747 BRL
50 SOMM = R$0.08735 BRL
100 SOMM = R$0.1747 BRL
500 SOMM = R$0.8735 BRL
1,000 SOMM = R$1.75 BRL

BRL to SOMM values from Today at 1:24 pm

R$0.50 BRL = 286.20 SOMM
R$1.00 BRL = 572.40 SOMM
R$5.00 BRL = 2,862.00 SOMM
R$10.00 BRL = 5,723.99 SOMM
R$50.00 BRL = 28,619.97 SOMM
R$100.00 BRL = 57,239.93 SOMM
R$500.00 BRL = 286,199.65 SOMM
R$1,000.00 BRL = 572,399.30 SOMM

SOMM to BRL over time

SOMM
Today
24H
90.80%
1M
89.75%
1Y
49.94%
0.5 SOMM
R$0.0008735 BRL
R$0.000856 BRL
R$0.0009533 BRL
R$0.004657 BRL
1 SOMM
R$0.001747 BRL
R$0.001712 BRL
R$0.001907 BRL
R$0.009313 BRL
5 SOMM
R$0.008735 BRL
R$0.00856 BRL
R$0.009533 BRL
R$0.04657 BRL
10 SOMM
R$0.01747 BRL
R$0.01712 BRL
R$0.01907 BRL
R$0.09313 BRL
50 SOMM
R$0.08735 BRL
R$0.0856 BRL
R$0.09533 BRL
R$0.4657 BRL
100 SOMM
R$0.1747 BRL
R$0.1712 BRL
R$0.1907 BRL
R$0.9313 BRL
500 SOMM
R$0.8735 BRL
R$0.856 BRL
R$0.9533 BRL
R$4.66 BRL
1,000 SOMM
R$1.75 BRL
R$1.71 BRL
R$1.91 BRL
R$9.31 BRL

Frequently asked questions

Right now, 1 Sommelier is worth about R$0.001747.

Based on the current rate, you could get 572.40 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 2,862.00 SOMM. Inversely, 5 SOMM will cost about R$0.008735

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 Bandot Protocol, HARRIS DOGS, and shork. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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