Convert Sommelier SOMM to British Pound GBP

SOMM to GBP: 1 Sommelier converts to £0.000338 GBP as of January 30 at 7:00 PM

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About Sommelier

Sommelier is falling this week. The current price of Sommelier is £0.000338 per SOMM. With a circulating supply of 374,797,031 SOMM, it means that Sommelier has a total market cap of £125,868.02. The amount of Sommelier traded has fallen by -£67.83 in the last 24 hours, which is a 93.78% decrease. Additionally, in the last day, £72.34 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is £0.000338 GBP. In other words, to buy 5 Sommelier, it would cost you £0.001692 GBP. Inversely, £1.00 GBP would allow you to trade for 2,955.88 SOMM while £50.00 GBP would convert to 147,794.17 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 26.43%. Meanwhile, in the last 24 hours, the rate has changed by 4.49%, and that the highest exchange rate of 1 SOMM to GBP was £0.000358 GBP and the lowest 24 hour value was 1 SOMM for £0.000333 GBP. Last month, 1 SOMM was worth £0.000421 GBP. Today, it's down 18.74%. Looking back a year, Sommelier has changed by £0.0098 GBP. That means that in a single year, the value of Sommelier has shrank by 96.2%.

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.

£0.000338Price
£125.87KMarket cap
£72.34Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to GBP values from Today at 7:00 pm

0.5 SOMM = £0.000169 GBP
1 SOMM = £0.000338 GBP
5 SOMM = £0.0017 GBP
10 SOMM = £0.0034 GBP
50 SOMM = £0.0169 GBP
100 SOMM = £0.0338 GBP
500 SOMM = £0.17 GBP
1,000 SOMM = £0.34 GBP

GBP to SOMM values from Today at 7:01 pm

£0.50 GBP = 1,477.94 SOMM
£1.00 GBP = 2,955.88 SOMM
£5.00 GBP = 14,779.42 SOMM
£10.00 GBP = 29,558.83 SOMM
£50.00 GBP = 147,794.17 SOMM
£100.00 GBP = 295,588.35 SOMM
£500.00 GBP = 1,477,941.74 SOMM
£1,000.00 GBP = 2,955,883.47 SOMM

SOMM to GBP over time

SOMM
Today
24H
-3.12%
1M
-24.54%
1Y
-2,786.59%
0.5 SOMM
£0.000169 GBP
£0.000174 GBP
£0.000211 GBP
£0.0049 GBP
1 SOMM
£0.000338 GBP
£0.000349 GBP
£0.000421 GBP
£0.0098 GBP
5 SOMM
£0.0017 GBP
£0.0017 GBP
£0.0021 GBP
£0.0488 GBP
10 SOMM
£0.0034 GBP
£0.0035 GBP
£0.0042 GBP
£0.0977 GBP
50 SOMM
£0.0169 GBP
£0.0174 GBP
£0.0211 GBP
£0.49 GBP
100 SOMM
£0.0338 GBP
£0.0349 GBP
£0.0421 GBP
£0.98 GBP
500 SOMM
£0.17 GBP
£0.17 GBP
£0.21 GBP
£4.88 GBP
1,000 SOMM
£0.34 GBP
£0.35 GBP
£0.42 GBP
£9.77 GBP

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Frequently asked questions

Right now, 1 Sommelier is worth about £0.000338.

Based on the current rate, you could get 2,955.88 SOMM for 1 GBP.

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 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 14,779.42 SOMM. Inversely, 5 SOMM will cost about £0.0017

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 Degen Capital by Virtuals, Raven Protocol, and infraX. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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