Convert Sommelier SOMM to Japanese Yen JPY

SOMM to JPY: 1 Sommelier converts to ¥0.03812 JPY as of November 6 at 8:42 AM

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About Sommelier

Sommelier is falling this week. The current price of Sommelier is ¥0.03812 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ¥14,285,364.80. The amount of Sommelier traded has risen by ¥148,437 in the last 24 hours, which is a 1,779.72% increase. Additionally, in the last day, ¥8,340 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is ¥0.03812 JPY. In other words, to buy 5 Sommelier, it would cost you ¥0.19058 JPY. Inversely, ¥1 JPY would allow you to trade for 26.24 SOMM while ¥50 JPY would convert to 1,311.77 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 11.83%. Meanwhile, in the last 24 hours, the rate has changed by 5.19%, which means that the highest exchange rate of 1 SOMM to JPY was ¥0.0414 JPY and the lowest 24 hour value was 1 SOMM for ¥0.03656 JPY. Last month, 1 SOMM was worth ¥0.06192 JPY. Today, it's down 37.72%. Looking back a year, Sommelier has changed by ¥0.2221 JPY. That means that in a single year, the value of Sommelier has shrank by 83.15%.

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.

¥0.03812Price
¥14.29MMarket cap
¥8.34KVolume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to JPY values from Today at 8:42 am

0.5 SOMM = ¥0.01906 JPY
1 SOMM = ¥0.03812 JPY
5 SOMM = ¥0.1906 JPY
10 SOMM = ¥0.3812 JPY
50 SOMM = ¥1.91 JPY
100 SOMM = ¥3.81 JPY
500 SOMM = ¥19.06 JPY
1,000 SOMM = ¥38.12 JPY

JPY to SOMM values from Today at 4:10 am

¥1 JPY = 13.12 SOMM
¥1 JPY = 26.24 SOMM
¥5 JPY = 131.18 SOMM
¥10 JPY = 262.35 SOMM
¥50 JPY = 1,311.77 SOMM
¥100 JPY = 2,623.53 SOMM
¥500 JPY = 13,117.65 SOMM
¥1,000 JPY = 26,235.30 SOMM

SOMM to JPY over time

SOMM
Today
24H
100.00%
1M
100.00%
1Y
99.99%
0.5 SOMM
¥0.01906 JPY
¥0.02034 JPY
¥0.03096 JPY
¥0.1111 JPY
1 SOMM
¥0.03812 JPY
¥0.04067 JPY
¥0.06192 JPY
¥0.2221 JPY
5 SOMM
¥0.1906 JPY
¥0.2034 JPY
¥0.3096 JPY
¥1.11 JPY
10 SOMM
¥0.3812 JPY
¥0.4067 JPY
¥0.6192 JPY
¥2.22 JPY
50 SOMM
¥1.91 JPY
¥2.03 JPY
¥3.10 JPY
¥11.11 JPY
100 SOMM
¥3.81 JPY
¥4.07 JPY
¥6.19 JPY
¥22.21 JPY
500 SOMM
¥19.06 JPY
¥20.34 JPY
¥30.96 JPY
¥111.06 JPY
1,000 SOMM
¥38.12 JPY
¥40.67 JPY
¥61.92 JPY
¥222.13 JPY

Frequently asked questions

Right now, 1 Sommelier is worth about ¥0.03812.
Based on the current rate, you could get 26.24 SOMM for 1 JPY.
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 JPY calculator at the top of this page to convert any amount of SOMM to JPY. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 JPY is equivalent to 131.18 SOMM. Inversely, 5 SOMM will cost about ¥0.1906
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 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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