Convert Sommelier SOMM to Mexican Peso MXN

SOMM to MXN: 1 Sommelier converts to MX$0.00531 MXN as of July 22 at 8:12 PM

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About Sommelier

Sommelier is falling this week. The current price of Sommelier is MX$0.00531 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of MX$1,990,064.92. The amount of Sommelier traded has fallen by MX$0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, MX$949.29 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is MX$0.00531 MXN. In other words, to buy 5 Sommelier, it would cost you MX$0.026549 MXN. Inversely, MX$1.00 MXN would allow you to trade for 188.33 SOMM while MX$50.00 MXN would convert to 9,416.70 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 25.45%. Meanwhile, in the last 24 hours, the rate has changed by 10.68%, and that the highest exchange rate of 1 SOMM to MXN was MX$0.005967 MXN and the lowest 24 hour value was 1 SOMM for MX$0.005158 MXN. Last month, 1 SOMM was worth MX$0.008767 MXN. Today, it's down 39.5%. Looking back a year, Sommelier has changed by MX$0.01943 MXN. That means that in a single year, the value of Sommelier has shrank by 70.87%.

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.

MX$0.00531Price
MX$1.99MMarket cap
MX$949.29Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to MXN values from Today at 8:12 pm

0.5 SOMM = MX$0.002655 MXN
1 SOMM = MX$0.00531 MXN
5 SOMM = MX$0.02655 MXN
10 SOMM = MX$0.0531 MXN
50 SOMM = MX$0.2655 MXN
100 SOMM = MX$0.531 MXN
500 SOMM = MX$2.65 MXN
1,000 SOMM = MX$5.31 MXN

MXN to SOMM values from Today at

MX$0.50 MXN = 94.17 SOMM
MX$1.00 MXN = 188.33 SOMM
MX$5.00 MXN = 941.67 SOMM
MX$10.00 MXN = 1,883.34 SOMM
MX$50.00 MXN = 9,416.70 SOMM
MX$100.00 MXN = 18,833.39 SOMM
MX$500.00 MXN = 94,166.96 SOMM
MX$1,000.00 MXN = 188,333.93 SOMM

SOMM to MXN over time

SOMM
Today
24H
-11.98%
1M
-65.12%
1Y
-265.84%
0.5 SOMM
MX$0.002655 MXN
MX$0.002973 MXN
MX$0.004384 MXN
MX$0.009713 MXN
1 SOMM
MX$0.00531 MXN
MX$0.005946 MXN
MX$0.008767 MXN
MX$0.01943 MXN
5 SOMM
MX$0.02655 MXN
MX$0.02973 MXN
MX$0.04384 MXN
MX$0.09713 MXN
10 SOMM
MX$0.0531 MXN
MX$0.05946 MXN
MX$0.08767 MXN
MX$0.1943 MXN
50 SOMM
MX$0.2655 MXN
MX$0.2973 MXN
MX$0.4384 MXN
MX$0.9713 MXN
100 SOMM
MX$0.531 MXN
MX$0.5946 MXN
MX$0.8767 MXN
MX$1.94 MXN
500 SOMM
MX$2.65 MXN
MX$2.97 MXN
MX$4.38 MXN
MX$9.71 MXN
1,000 SOMM
MX$5.31 MXN
MX$5.95 MXN
MX$8.77 MXN
MX$19.43 MXN

Frequently asked questions

Right now, 1 Sommelier is worth about MX$0.00531.

Based on the current rate, you could get 188.33 SOMM for 1 MXN.

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 MXN calculator at the top of this page to convert any amount of SOMM to MXN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MXN is equivalent to 941.67 SOMM. Inversely, 5 SOMM will cost about MX$0.02655

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 Titi Financial, Envision, and Envision. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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