Convert Sommelier SOMM to Canadian Dollar CAD
1 SOMM converts to CA$0.0006543 CAD as of July 1 at 2:39 AM
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About Sommelier
Sommelier is falling this week. The current price of Sommelier is CA$0.0006543 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of CA$246,117.00. The amount of Sommelier traded has fallen by -CA$1.09 in the last 24 hours, which is a 94.72% decrease. Additionally, in the last day, CA$1.15 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is CA$0.0006543 CAD. In other words, to buy 5 Sommelier, it would cost you CA$0.0032715 CAD. Inversely, CA$1.00 CAD would allow you to trade for 1,528.35 SOMM while CA$50.00 CAD would convert to 76,417.37 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.5%. Meanwhile, in the last 24 hours, the rate has changed by 3.28%, and that the highest exchange rate of 1 SOMM to CAD was CA$0.0006756 CAD and the lowest 24 hour value was 1 SOMM for CA$0.0006533 CAD. Last month, 1 SOMM was worth CA$0.0005575 CAD. Today, it's up 13.84%. Looking back a year, Sommelier has changed by CA$0.001402 CAD. That means that in a single year, the value of Sommelier has shrank by 55.57%.
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 CAD values from Today at 2:39 am
0.5 SOMM = CA$0.0003272 CAD |
1 SOMM = CA$0.0006543 CAD |
5 SOMM = CA$0.003272 CAD |
10 SOMM = CA$0.006543 CAD |
50 SOMM = CA$0.03272 CAD |
100 SOMM = CA$0.06543 CAD |
500 SOMM = CA$0.3272 CAD |
1,000 SOMM = CA$0.6543 CAD |
CAD to SOMM values from Today at
CA$0.50 CAD = 764.17 SOMM |
CA$1.00 CAD = 1,528.35 SOMM |
CA$5.00 CAD = 7,641.74 SOMM |
CA$10.00 CAD = 15,283.47 SOMM |
CA$50.00 CAD = 76,417.37 SOMM |
CA$100.00 CAD = 152,834.74 SOMM |
CA$500.00 CAD = 764,173.70 SOMM |
CA$1,000.00 CAD = 1,528,347.40 SOMM |
SOMM to CAD over time
SOMM | Today | 24H -3.19% | 1M 14.79% | 1Y -114.31% |
|---|---|---|---|---|
0.5 SOMM | CA$0.0003272 CAD | CA$0.0003376 CAD | CA$0.0002788 CAD | CA$0.0007011 CAD |
1 SOMM | CA$0.0006543 CAD | CA$0.0006752 CAD | CA$0.0005575 CAD | CA$0.001402 CAD |
5 SOMM | CA$0.003272 CAD | CA$0.003376 CAD | CA$0.002788 CAD | CA$0.007011 CAD |
10 SOMM | CA$0.006543 CAD | CA$0.006752 CAD | CA$0.005575 CAD | CA$0.01402 CAD |
50 SOMM | CA$0.03272 CAD | CA$0.03376 CAD | CA$0.02788 CAD | CA$0.07011 CAD |
100 SOMM | CA$0.06543 CAD | CA$0.06752 CAD | CA$0.05575 CAD | CA$0.1402 CAD |
500 SOMM | CA$0.3272 CAD | CA$0.3376 CAD | CA$0.2788 CAD | CA$0.7011 CAD |
1,000 SOMM | CA$0.6543 CAD | CA$0.6752 CAD | CA$0.5575 CAD | CA$1.40 CAD |
Frequently asked questions
Right now, 1 Sommelier is worth about CA$0.0006543.
Based on the current rate, you could get 1,528.35 SOMM for 1 CAD.
Sommelier price has been declining. Since yesterday, the exchange rate of Sommelier has decreased. 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 CAD calculator at the top of this page to convert any amount of SOMM to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 7,641.74 SOMM. Inversely, 5 SOMM will cost about CA$0.003272
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 JEXchange, Based Froc, and AIA Chain. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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Create a Coinbase account to buy and sell Sommelier on the most secure crypto exchange.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.




