Convert Sommelier SOMM to Canadian Dollar CAD
SOMM to CAD: 1 Sommelier converts to CA$0.000465 CAD as of October 11 at 6:52 AM
Buy Sommelier with Coinbase Wallet
Create a Coinbase account to buy and sell Sommelier on the most secure crypto exchange.
About Sommelier
Sommelier is climbing this week. The current price of Sommelier is CA$0.000465 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of CA$174,283.01. The amount of Sommelier traded has fallen by -CA$23.96 in the last 24 hours, which is a 90.48% decrease. Additionally, in the last day, CA$26.48 worth of SOMM has been traded.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is CA$0.000465 CAD. In other words, to buy 5 Sommelier, it would cost you CA$0.0023252 CAD. Inversely, CA$1.00 CAD would allow you to trade for 2,150.36 SOMM while CA$50.00 CAD would convert to 107,517.91 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 19.66%. Meanwhile, in the last 24 hours, the rate has changed by 5.92%, and that the highest exchange rate of 1 SOMM to CAD was CA$0.0004671 CAD and the lowest 24 hour value was 1 SOMM for CA$0.0004367 CAD. Last month, 1 SOMM was worth CA$0.0004841 CAD. Today, it's down 6.51%. Looking back a year, Sommelier has changed by CA$0.003285 CAD. That means that in a single year, the value of Sommelier has shrank by 86.06%.
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.
Conversion tables
SOMM to CAD values from Today at 6:52 am
0.5 SOMM = CA$0.0002325 CAD |
1 SOMM = CA$0.000465 CAD |
5 SOMM = CA$0.002325 CAD |
10 SOMM = CA$0.00465 CAD |
50 SOMM = CA$0.02325 CAD |
100 SOMM = CA$0.0465 CAD |
500 SOMM = CA$0.2325 CAD |
1,000 SOMM = CA$0.465 CAD |
CAD to SOMM values from Today at
CA$0.50 CAD = 1,075.18 SOMM |
CA$1.00 CAD = 2,150.36 SOMM |
CA$5.00 CAD = 10,751.79 SOMM |
CA$10.00 CAD = 21,503.58 SOMM |
CA$50.00 CAD = 107,517.91 SOMM |
CA$100.00 CAD = 215,035.82 SOMM |
CA$500.00 CAD = 1,075,179.10 SOMM |
CA$1,000.00 CAD = 2,150,358.21 SOMM |
SOMM to CAD over time
SOMM | Today | 24H 5.26% | 1M -4.11% | 1Y -606.50% |
|---|---|---|---|---|
0.5 SOMM | CA$0.0002325 CAD | CA$0.0002203 CAD | CA$0.0002421 CAD | CA$0.001643 CAD |
1 SOMM | CA$0.000465 CAD | CA$0.0004406 CAD | CA$0.0004841 CAD | CA$0.003285 CAD |
5 SOMM | CA$0.002325 CAD | CA$0.002203 CAD | CA$0.002421 CAD | CA$0.01643 CAD |
10 SOMM | CA$0.00465 CAD | CA$0.004406 CAD | CA$0.004841 CAD | CA$0.03285 CAD |
50 SOMM | CA$0.02325 CAD | CA$0.02203 CAD | CA$0.02421 CAD | CA$0.1643 CAD |
100 SOMM | CA$0.0465 CAD | CA$0.04406 CAD | CA$0.04841 CAD | CA$0.3285 CAD |
500 SOMM | CA$0.2325 CAD | CA$0.2203 CAD | CA$0.2421 CAD | CA$1.64 CAD |
1,000 SOMM | CA$0.465 CAD | CA$0.4406 CAD | CA$0.4841 CAD | CA$3.29 CAD |
Frequently asked questions
Buy Sommelier with Coinbase Wallet
Create a Coinbase account to buy and sell Sommelier on the most secure crypto exchange.
Related conversions
Popular prediction markets
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.



