Convert Sommelier SOMM to Mexican Peso MXN

SOMM to MXN: 1 Sommelier converts to MX$0.00586 MXN as of September 9 at 7:27 PM

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About Sommelier

Sommelier is falling this week. The current price of Sommelier is MX$0.00586 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of MX$2,196,170.75. The amount of Sommelier traded has risen by MX$2,964.75 in the last 24 hours, which is a 317.79% increase. Additionally, in the last day, MX$932.93 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is MX$0.00586 MXN. In other words, to buy 5 Sommelier, it would cost you MX$0.029299 MXN. Inversely, MX$1.00 MXN would allow you to trade for 170.66 SOMM while MX$50.00 MXN would convert to 8,532.78 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 2.54%. Meanwhile, in the last 24 hours, the rate has changed by 1.39%, which means that the highest exchange rate of 1 SOMM to MXN was MX$0.006679 MXN and the lowest 24 hour value was 1 SOMM for MX$0.005681 MXN. Last month, 1 SOMM was worth MX$0.006308 MXN. Today, it's down 8.35%. Looking back a year, Sommelier has changed by MX$0.02681 MXN. That means that in a single year, the value of Sommelier has shrank by 76.61%.

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$0.00586Price
MX$2.2MMarket cap
MX$932.93Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to MXN values from Today at 7:27 pm

0.5 SOMM = MX$0.00293 MXN
1 SOMM = MX$0.00586 MXN
5 SOMM = MX$0.0293 MXN
10 SOMM = MX$0.0586 MXN
50 SOMM = MX$0.293 MXN
100 SOMM = MX$0.586 MXN
500 SOMM = MX$2.93 MXN
1,000 SOMM = MX$5.86 MXN

MXN to SOMM values from Today at

MX$0.50 MXN = 85.33 SOMM
MX$1.00 MXN = 170.66 SOMM
MX$5.00 MXN = 853.28 SOMM
MX$10.00 MXN = 1,706.56 SOMM
MX$50.00 MXN = 8,532.78 SOMM
MX$100.00 MXN = 17,065.56 SOMM
MX$500.00 MXN = 85,327.81 SOMM
MX$1,000.00 MXN = 170,655.63 SOMM

SOMM to MXN over time

SOMM
Today
24H
1.47%
1M
-7.65%
1Y
-357.52%
0.5 SOMM
MX$0.00293 MXN
MX$0.002887 MXN
MX$0.003154 MXN
MX$0.0134 MXN
1 SOMM
MX$0.00586 MXN
MX$0.005774 MXN
MX$0.006308 MXN
MX$0.02681 MXN
5 SOMM
MX$0.0293 MXN
MX$0.02887 MXN
MX$0.03154 MXN
MX$0.134 MXN
10 SOMM
MX$0.0586 MXN
MX$0.05774 MXN
MX$0.06308 MXN
MX$0.2681 MXN
50 SOMM
MX$0.293 MXN
MX$0.2887 MXN
MX$0.3154 MXN
MX$1.34 MXN
100 SOMM
MX$0.586 MXN
MX$0.5774 MXN
MX$0.6308 MXN
MX$2.68 MXN
500 SOMM
MX$2.93 MXN
MX$2.89 MXN
MX$3.15 MXN
MX$13.40 MXN
1,000 SOMM
MX$5.86 MXN
MX$5.77 MXN
MX$6.31 MXN
MX$26.81 MXN

Frequently asked questions

Right now, 1 Sommelier is worth about MX$0.00586.

Based on the current rate, you could get 170.66 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 853.28 SOMM. Inversely, 5 SOMM will cost about MX$0.0293

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

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