Coinbase Logo

Language and region

Convert Sommelier SOMM to British Pound GBP

SOMM to GBP: 1 Sommelier converts to £0.000848 GBP as of August 3 at 10:50 PM

£

About Sommelier

Sommelier is climbing this week. The current price of Sommelier is £0.000848 per SOMM. With a circulating supply of 364,181,650 SOMM, it means that Sommelier has a total market cap of £306,849.99. The amount of Sommelier traded has fallen by -£29.19 in the last 24 hours, which is a 67.43% decrease. Additionally, in the last day, £43.29 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is £0.000848 GBP. In other words, to buy 5 Sommelier, it would cost you £0.004241 GBP. Inversely, £1.00 GBP would allow you to trade for 1,179.05 SOMM while £50.00 GBP would convert to 58,952.41 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 5.04%. Meanwhile, in the last 24 hours, the rate has changed by 9.61%, and that the highest exchange rate of 1 SOMM to GBP was £0.000850 GBP and the lowest 24 hour value was 1 SOMM for £0.000774 GBP. Last month, 1 SOMM was worth £0.000732 GBP. Today, it's up 12.54%. Looking back a year, Sommelier has changed by £0.0152 GBP. That means that in a single year, the value of Sommelier has shrank by 94.2%.

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.

£0.000848Price
£306.85KMarket cap
£43.29Volume (24h)
364.2M SOMMCir. Supply

Buy Sommelier with Coinbase Wallet

Create a Coinbase account to buy and sell Sommelier on the most secure crypto exchange.

Conversion tables

SOMM to GBP values from Today at 10:50 pm

0.5 SOMM = £0.000424 GBP
1 SOMM = £0.000848 GBP
5 SOMM = £0.0042 GBP
10 SOMM = £0.0085 GBP
50 SOMM = £0.0424 GBP
100 SOMM = £0.0848 GBP
500 SOMM = £0.42 GBP
1,000 SOMM = £0.85 GBP

GBP to SOMM values from Today at 10:52 pm

£0.50 GBP = 589.52 SOMM
£1.00 GBP = 1,179.05 SOMM
£5.00 GBP = 5,895.24 SOMM
£10.00 GBP = 11,790.48 SOMM
£50.00 GBP = 58,952.41 SOMM
£100.00 GBP = 117,904.82 SOMM
£500.00 GBP = 589,524.09 SOMM
£1,000.00 GBP = 1,179,048.18 SOMM

SOMM to GBP over time

SOMM
Today
24H
8.76%
1M
13.67%
1Y
-1,689.50%
0.5 SOMM
£0.000424 GBP
£0.000387 GBP
£0.000366 GBP
£0.0076 GBP
1 SOMM
£0.000848 GBP
£0.000774 GBP
£0.000732 GBP
£0.0152 GBP
5 SOMM
£0.0042 GBP
£0.0039 GBP
£0.0037 GBP
£0.0759 GBP
10 SOMM
£0.0085 GBP
£0.0077 GBP
£0.0073 GBP
£0.15 GBP
50 SOMM
£0.0424 GBP
£0.0387 GBP
£0.0366 GBP
£0.76 GBP
100 SOMM
£0.0848 GBP
£0.0774 GBP
£0.0732 GBP
£1.52 GBP
500 SOMM
£0.42 GBP
£0.39 GBP
£0.37 GBP
£7.59 GBP
1,000 SOMM
£0.85 GBP
£0.77 GBP
£0.73 GBP
£15.18 GBP

Buy Sommelier with Coinbase Wallet

Create a Coinbase account to buy and sell Sommelier on the most secure crypto exchange.

Frequently asked questions

How much is 1 Sommelier in GBP?

Right now, 1 Sommelier is worth about £0.000848.

How much SOMM could I buy for 1 GBP?

Based on the current rate, you could get 1,179.05 SOMM for 1 GBP.

How much has the price of Sommelier changed?

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.

How do I calculate or convert SOMM to GBP?

You can use our SOMM to GBP calculator at the top of this page to convert any amount of SOMM to GBP. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 GBP is equivalent to 5,895.24 SOMM. Inversely, 5 SOMM will cost about £0.0042

How can I buy 1 Sommelier on Coinbase?

Sommelier can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Sommelier.

What are assets similar to Sommelier that I can buy?

There are a number of crypto assets that have the a similar or comparable market cap to Sommelier, including Sunny Side up, META ARENA, and Titi Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

Buy Sommelier with Coinbase Wallet

Create a Coinbase account to buy and sell Sommelier on the most secure crypto exchange.

Related conversions

Start your crypto portfolio today

Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.