Convert Sommelier SOMM to Japanese Yen JPY

SOMM to JPY: 1 Sommelier converts to ¥0.048 JPY as of September 10 at 7:39 PM

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About Sommelier

Sommelier is falling this week. The current price of Sommelier is ¥0.048 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ¥17,991,220.77. The amount of Sommelier traded has fallen by -¥829 in the last 24 hours, which is a 89.10% decrease. Additionally, in the last day, ¥931 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is ¥0.048 JPY. In other words, to buy 5 Sommelier, it would cost you ¥0.24001 JPY. Inversely, ¥1 JPY would allow you to trade for 20.83 SOMM while ¥50 JPY would convert to 1,041.62 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 9.91%. Meanwhile, in the last 24 hours, the rate has changed by 7.28%, and that the highest exchange rate of 1 SOMM to JPY was ¥0.05265 JPY and the lowest 24 hour value was 1 SOMM for ¥0.0472 JPY. Last month, 1 SOMM was worth ¥0.05796 JPY. Today, it's down 14.08%. Looking back a year, Sommelier has changed by ¥0.2544 JPY. That means that in a single year, the value of Sommelier has shrank by 81.91%.

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.

¥0.048Price
¥17.99MMarket cap
¥930.61Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to JPY values from Today at 7:39 pm

0.5 SOMM = ¥0.024 JPY
1 SOMM = ¥0.048 JPY
5 SOMM = ¥0.24 JPY
10 SOMM = ¥0.48 JPY
50 SOMM = ¥2.40 JPY
100 SOMM = ¥4.80 JPY
500 SOMM = ¥24.00 JPY
1,000 SOMM = ¥48.00 JPY

JPY to SOMM values from Today at

¥1 JPY = 10.42 SOMM
¥1 JPY = 20.83 SOMM
¥5 JPY = 104.16 SOMM
¥10 JPY = 208.32 SOMM
¥50 JPY = 1,041.62 SOMM
¥100 JPY = 2,083.25 SOMM
¥500 JPY = 10,416.24 SOMM
¥1,000 JPY = 20,832.47 SOMM

SOMM to JPY over time

SOMM
Today
24H
-7.29%
1M
-20.74%
1Y
-429.95%
0.5 SOMM
¥0.024 JPY
¥0.02575 JPY
¥0.02898 JPY
¥0.1272 JPY
1 SOMM
¥0.048 JPY
¥0.0515 JPY
¥0.05796 JPY
¥0.2544 JPY
5 SOMM
¥0.24 JPY
¥0.2575 JPY
¥0.2898 JPY
¥1.27 JPY
10 SOMM
¥0.48 JPY
¥0.515 JPY
¥0.5796 JPY
¥2.54 JPY
50 SOMM
¥2.40 JPY
¥2.58 JPY
¥2.90 JPY
¥12.72 JPY
100 SOMM
¥4.80 JPY
¥5.15 JPY
¥5.80 JPY
¥25.44 JPY
500 SOMM
¥24.00 JPY
¥25.75 JPY
¥28.98 JPY
¥127.19 JPY
1,000 SOMM
¥48.00 JPY
¥51.50 JPY
¥57.96 JPY
¥254.39 JPY

Frequently asked questions

Right now, 1 Sommelier is worth about ¥0.048.

Based on the current rate, you could get 20.83 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 104.16 SOMM. Inversely, 5 SOMM will cost about ¥0.24

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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