Convert Sommelier SOMM to Israeli New Sheqel ILS
SOMM to ILS: 1 Sommelier converts to ₪0.001184 ILS as of September 17 at 5:04 PM
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About Sommelier
Sommelier is climbing this week. The current price of Sommelier is ₪0.001184 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ₪443,872.63. The amount of Sommelier traded has fallen by -₪45.98 in the last 24 hours, which is a 95.38% decrease. Additionally, in the last day, ₪48.20 worth of SOMM has been traded.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is ₪0.001184 ILS. In other words, to buy 5 Sommelier, it would cost you ₪0.005921 ILS. Inversely, ₪1.00 ILS would allow you to trade for 844.41 SOMM while ₪50.00 ILS would convert to 42,220.34 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 23.41%. Meanwhile, in the last 24 hours, the rate has changed by 2.68%, which means that the highest exchange rate of 1 SOMM to ILS was ₪0.001193 ILS and the lowest 24 hour value was 1 SOMM for ₪0.001135 ILS. Last month, 1 SOMM was worth ₪0.0008743 ILS. Today, it's up 30.73%. Looking back a year, Sommelier has changed by ₪0.007643 ILS. That means that in a single year, the value of Sommelier has shrank by 83.13%.
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 ILS values from Today at 5:04 pm
0.5 SOMM = ₪0.0005921 ILS |
1 SOMM = ₪0.001184 ILS |
5 SOMM = ₪0.005921 ILS |
10 SOMM = ₪0.01184 ILS |
50 SOMM = ₪0.05921 ILS |
100 SOMM = ₪0.1184 ILS |
500 SOMM = ₪0.5921 ILS |
1,000 SOMM = ₪1.18 ILS |
ILS to SOMM values from Today at
₪0.50 ILS = 422.20 SOMM |
₪1.00 ILS = 844.41 SOMM |
₪5.00 ILS = 4,222.03 SOMM |
₪10.00 ILS = 8,444.07 SOMM |
₪50.00 ILS = 42,220.34 SOMM |
₪100.00 ILS = 84,440.69 SOMM |
₪500.00 ILS = 422,203.43 SOMM |
₪1,000.00 ILS = 844,406.86 SOMM |
SOMM to ILS over time
SOMM | Today | 24H 3.91% | 1M 26.18% | 1Y -545.37% |
|---|---|---|---|---|
0.5 SOMM | ₪0.0005921 ILS | ₪0.000569 ILS | ₪0.0004371 ILS | ₪0.003821 ILS |
1 SOMM | ₪0.001184 ILS | ₪0.001138 ILS | ₪0.0008743 ILS | ₪0.007643 ILS |
5 SOMM | ₪0.005921 ILS | ₪0.00569 ILS | ₪0.004371 ILS | ₪0.03821 ILS |
10 SOMM | ₪0.01184 ILS | ₪0.01138 ILS | ₪0.008743 ILS | ₪0.07643 ILS |
50 SOMM | ₪0.05921 ILS | ₪0.0569 ILS | ₪0.04371 ILS | ₪0.3821 ILS |
100 SOMM | ₪0.1184 ILS | ₪0.1138 ILS | ₪0.08743 ILS | ₪0.7643 ILS |
500 SOMM | ₪0.5921 ILS | ₪0.569 ILS | ₪0.4371 ILS | ₪3.82 ILS |
1,000 SOMM | ₪1.18 ILS | ₪1.14 ILS | ₪0.8743 ILS | ₪7.64 ILS |
Frequently asked questions
Right now, 1 Sommelier is worth about ₪0.001184.
Based on the current rate, you could get 844.41 SOMM for 1 ILS.
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 increased. Since this time last year, the price of Sommelier has decreased.
You can use our SOMM to ILS calculator at the top of this page to convert any amount of SOMM to ILS. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 ILS is equivalent to 4,222.03 SOMM. Inversely, 5 SOMM will cost about ₪0.005921
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 Tether CNHt, GlobalBoost, and Litecoin Cash. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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