Convert Sommelier SOMM to Real BRL

SOMM to BRL: 1 Sommelier converts to R$0.001624 BRL as of October 11 at 3:40 AM

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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is R$0.001624 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of R$608,845.47. The amount of Sommelier traded has risen by R$390.84 in the last 24 hours, which is a 126.36% increase. Additionally, in the last day, R$309.31 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is R$0.001624 BRL. In other words, to buy 5 Sommelier, it would cost you R$0.00812 BRL. Inversely, R$1.00 BRL would allow you to trade for 615.80 SOMM while R$50.00 BRL would convert to 30,790.03 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 19.84%. Meanwhile, in the last 24 hours, the rate has changed by 14.65%, and that the highest exchange rate of 1 SOMM to BRL was R$0.001633 BRL and the lowest 24 hour value was 1 SOMM for R$0.001422 BRL. Last month, 1 SOMM was worth R$0.001866 BRL. Today, it's down 10.74%. Looking back a year, Sommelier has changed by R$0.01297 BRL. That means that in a single year, the value of Sommelier has shrank by 86.09%.

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$0.001624Price
R$608.85KMarket cap
R$309.31Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to BRL values from Today at 3:40 am

0.5 SOMM = R$0.000812 BRL
1 SOMM = R$0.001624 BRL
5 SOMM = R$0.00812 BRL
10 SOMM = R$0.01624 BRL
50 SOMM = R$0.0812 BRL
100 SOMM = R$0.1624 BRL
500 SOMM = R$0.812 BRL
1,000 SOMM = R$1.62 BRL

BRL to SOMM values from Today at 3:41 am

R$0.50 BRL = 307.90 SOMM
R$1.00 BRL = 615.80 SOMM
R$5.00 BRL = 3,079.00 SOMM
R$10.00 BRL = 6,158.01 SOMM
R$50.00 BRL = 30,790.03 SOMM
R$100.00 BRL = 61,580.06 SOMM
R$500.00 BRL = 307,900.28 SOMM
R$1,000.00 BRL = 615,800.56 SOMM

SOMM to BRL over time

SOMM
Today
24H
99.22%
1M
98.97%
1Y
92.85%
0.5 SOMM
R$0.000812 BRL
R$0.000711 BRL
R$0.000933 BRL
R$0.006484 BRL
1 SOMM
R$0.001624 BRL
R$0.001422 BRL
R$0.001866 BRL
R$0.01297 BRL
5 SOMM
R$0.00812 BRL
R$0.00711 BRL
R$0.00933 BRL
R$0.06484 BRL
10 SOMM
R$0.01624 BRL
R$0.01422 BRL
R$0.01866 BRL
R$0.1297 BRL
50 SOMM
R$0.0812 BRL
R$0.0711 BRL
R$0.0933 BRL
R$0.6484 BRL
100 SOMM
R$0.1624 BRL
R$0.1422 BRL
R$0.1866 BRL
R$1.30 BRL
500 SOMM
R$0.812 BRL
R$0.711 BRL
R$0.933 BRL
R$6.48 BRL
1,000 SOMM
R$1.62 BRL
R$1.42 BRL
R$1.87 BRL
R$12.97 BRL

Frequently asked questions

Right now, 1 Sommelier is worth about R$0.001624.
Based on the current rate, you could get 615.80 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 3,079.00 SOMM. Inversely, 5 SOMM will cost about R$0.00812
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, Oath, and Titi Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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