Convert Sommelier SOMM to Real BRL

SOMM to BRL: 1 Sommelier converts to R$0.001396 BRL as of August 16 at 1:02 AM

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About Sommelier

Sommelier is falling this week. The current price of Sommelier is R$0.001396 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of R$525,452.89. The amount of Sommelier traded has risen by R$2,664.48 in the last 24 hours, which is a 2,021.85% increase. Additionally, in the last day, R$131.78 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is R$0.001396 BRL. In other words, to buy 5 Sommelier, it would cost you R$0.006979 BRL. Inversely, R$1.00 BRL would allow you to trade for 716.41 SOMM while R$50.00 BRL would convert to 35,820.30 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 23.88%. Meanwhile, in the last 24 hours, the rate has changed by 27%, and that the highest exchange rate of 1 SOMM to BRL was R$0.001954 BRL and the lowest 24 hour value was 1 SOMM for R$0.001346 BRL. Last month, 1 SOMM was worth R$0.002077 BRL. Today, it's down 34.42%. Looking back a year, Sommelier has changed by R$0.006486 BRL. That means that in a single year, the value of Sommelier has shrank by 77.73%.

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.

R$0.001396Price
R$525.45KMarket cap
R$131.78Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to BRL values from Today at 1:02 am

0.5 SOMM = R$0.0006979 BRL
1 SOMM = R$0.001396 BRL
5 SOMM = R$0.006979 BRL
10 SOMM = R$0.01396 BRL
50 SOMM = R$0.06979 BRL
100 SOMM = R$0.1396 BRL
500 SOMM = R$0.6979 BRL
1,000 SOMM = R$1.40 BRL

BRL to SOMM values from Today at 1:03 am

R$0.50 BRL = 358.20 SOMM
R$1.00 BRL = 716.41 SOMM
R$5.00 BRL = 3,582.03 SOMM
R$10.00 BRL = 7,164.06 SOMM
R$50.00 BRL = 35,820.30 SOMM
R$100.00 BRL = 71,640.61 SOMM
R$500.00 BRL = 358,203.05 SOMM
R$1,000.00 BRL = 716,406.10 SOMM

SOMM to BRL over time

SOMM
Today
24H
99.35%
1M
99.30%
1Y
97.80%
0.5 SOMM
R$0.0006979 BRL
R$0.0009566 BRL
R$0.001038 BRL
R$0.003243 BRL
1 SOMM
R$0.001396 BRL
R$0.001913 BRL
R$0.002077 BRL
R$0.006486 BRL
5 SOMM
R$0.006979 BRL
R$0.009566 BRL
R$0.01038 BRL
R$0.03243 BRL
10 SOMM
R$0.01396 BRL
R$0.01913 BRL
R$0.02077 BRL
R$0.06486 BRL
50 SOMM
R$0.06979 BRL
R$0.09566 BRL
R$0.1038 BRL
R$0.3243 BRL
100 SOMM
R$0.1396 BRL
R$0.1913 BRL
R$0.2077 BRL
R$0.6486 BRL
500 SOMM
R$0.6979 BRL
R$0.9566 BRL
R$1.04 BRL
R$3.24 BRL
1,000 SOMM
R$1.40 BRL
R$1.91 BRL
R$2.08 BRL
R$6.49 BRL

Frequently asked questions

Right now, 1 Sommelier is worth about R$0.001396.

Based on the current rate, you could get 716.41 SOMM for 1 BRL.

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 BRL calculator at the top of this page to convert any amount of SOMM to BRL. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 BRL is equivalent to 3,582.03 SOMM. Inversely, 5 SOMM will cost about R$0.006979

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, 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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