Convert Sommelier SOMM to Mexican Peso MXN

SOMM to MXN: 1 Sommelier converts to MX$0.005082 MXN as of October 18 at 12:31 AM

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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is MX$0.005082 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of MX$1,904,814.74. The amount of Sommelier traded has fallen by -MX$489.89 in the last 24 hours, which is a 85.04% decrease. Additionally, in the last day, MX$576.05 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is MX$0.005082 MXN. In other words, to buy 5 Sommelier, it would cost you MX$0.025411 MXN. Inversely, MX$1.00 MXN would allow you to trade for 196.76 SOMM while MX$50.00 MXN would convert to 9,838.21 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 15.13%. Meanwhile, in the last 24 hours, the rate has changed by 9.25%, and that the highest exchange rate of 1 SOMM to MXN was MX$0.0052 MXN and the lowest 24 hour value was 1 SOMM for MX$0.004524 MXN. Last month, 1 SOMM was worth MX$0.006578 MXN. Today, it's down 27.63%. Looking back a year, Sommelier has changed by MX$0.03882 MXN. That means that in a single year, the value of Sommelier has shrank by 86.84%.

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$0.005082Price
MX$1.9MMarket cap
MX$576.05Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to MXN values from Today at 12:31 am

0.5 SOMM = MX$0.002541 MXN
1 SOMM = MX$0.005082 MXN
5 SOMM = MX$0.02541 MXN
10 SOMM = MX$0.05082 MXN
50 SOMM = MX$0.2541 MXN
100 SOMM = MX$0.5082 MXN
500 SOMM = MX$2.54 MXN
1,000 SOMM = MX$5.08 MXN

MXN to SOMM values from Today at 4:21 pm

MX$0.50 MXN = 98.38 SOMM
MX$1.00 MXN = 196.76 SOMM
MX$5.00 MXN = 983.82 SOMM
MX$10.00 MXN = 1,967.64 SOMM
MX$50.00 MXN = 9,838.21 SOMM
MX$100.00 MXN = 19,676.42 SOMM
MX$500.00 MXN = 98,382.12 SOMM
MX$1,000.00 MXN = 196,764.25 SOMM

SOMM to MXN over time

SOMM
Today
24H
95.89%
1M
94.24%
1Y
66.00%
0.5 SOMM
MX$0.002541 MXN
MX$0.002348 MXN
MX$0.003289 MXN
MX$0.01941 MXN
1 SOMM
MX$0.005082 MXN
MX$0.004696 MXN
MX$0.006578 MXN
MX$0.03882 MXN
5 SOMM
MX$0.02541 MXN
MX$0.02348 MXN
MX$0.03289 MXN
MX$0.1941 MXN
10 SOMM
MX$0.05082 MXN
MX$0.04696 MXN
MX$0.06578 MXN
MX$0.3882 MXN
50 SOMM
MX$0.2541 MXN
MX$0.2348 MXN
MX$0.3289 MXN
MX$1.94 MXN
100 SOMM
MX$0.5082 MXN
MX$0.4696 MXN
MX$0.6578 MXN
MX$3.88 MXN
500 SOMM
MX$2.54 MXN
MX$2.35 MXN
MX$3.29 MXN
MX$19.41 MXN
1,000 SOMM
MX$5.08 MXN
MX$4.70 MXN
MX$6.58 MXN
MX$38.82 MXN

Frequently asked questions

Right now, 1 Sommelier is worth about MX$0.005082.
Based on the current rate, you could get 196.76 SOMM for 1 MXN.
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 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 983.82 SOMM. Inversely, 5 SOMM will cost about MX$0.02541
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 Bullit, Bnext Token, and Metan Evolutions. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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