Convert Sommelier SOMM to Singapore Dollar SGD
SOMM to SGD: 1 Sommelier converts to S$0.000589 SGD as of January 30 at 6:59 PM
About Sommelier
Sommelier is falling this week. The current price of Sommelier is S$0.000589 per SOMM. With a circulating supply of 374,797,031 SOMM, it means that Sommelier has a total market cap of S$219,325.97. The amount of Sommelier traded has fallen by S$-118.20 in the last 24 hours, which is a 93.78% decrease. Additionally, in the last day, S$126.05 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is S$0.000589 SGD. In other words, to buy 5 Sommelier, it would cost you S$0.002947 SGD. Inversely, S$1.00 SGD would allow you to trade for 1,696.42 SOMM while S$50.00 SGD would convert to 84,820.91 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 SGD was S$0.000625 SGD and the lowest 24 hour value was 1 SOMM for S$0.000579 SGD. Last month, 1 SOMM was worth S$0.000729 SGD. Today, it's down 18.74%. Looking back a year, Sommelier has changed by S$0.0164 SGD. 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.
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Conversion tables
SOMM to SGD values from Today at 6:59 pm
0.5 SOMM = S$0.000295 SGD |
1 SOMM = S$0.000589 SGD |
5 SOMM = S$0.0029 SGD |
10 SOMM = S$0.0059 SGD |
50 SOMM = S$0.0295 SGD |
100 SOMM = S$0.0589 SGD |
500 SOMM = S$0.29 SGD |
1,000 SOMM = S$0.59 SGD |
SGD to SOMM values from Today at 6:59 pm
S$0.50 SGD = 848.21 SOMM |
S$1.00 SGD = 1,696.42 SOMM |
S$5.00 SGD = 8,482.09 SOMM |
S$10.00 SGD = 16,964.18 SOMM |
S$50.00 SGD = 84,820.91 SOMM |
S$100.00 SGD = 169,641.82 SOMM |
S$500.00 SGD = 848,209.12 SOMM |
S$1,000.00 SGD = 1,696,418.23 SOMM |
SOMM to SGD over time
SOMM | Today | 24H -3.29% | 1M -23.63% | 1Y -2,682.67% |
|---|---|---|---|---|
0.5 SOMM | S$0.000295 SGD | S$0.000304 SGD | S$0.000364 SGD | S$0.0082 SGD |
1 SOMM | S$0.000589 SGD | S$0.000609 SGD | S$0.000729 SGD | S$0.0164 SGD |
5 SOMM | S$0.0029 SGD | S$0.0030 SGD | S$0.0036 SGD | S$0.0820 SGD |
10 SOMM | S$0.0059 SGD | S$0.0061 SGD | S$0.0073 SGD | S$0.16 SGD |
50 SOMM | S$0.0295 SGD | S$0.0304 SGD | S$0.0364 SGD | S$0.82 SGD |
100 SOMM | S$0.0589 SGD | S$0.0609 SGD | S$0.0729 SGD | S$1.64 SGD |
500 SOMM | S$0.29 SGD | S$0.30 SGD | S$0.36 SGD | S$8.20 SGD |
1,000 SOMM | S$0.59 SGD | S$0.61 SGD | S$0.73 SGD | S$16.40 SGD |
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Frequently asked questions
Right now, 1 Sommelier is worth about S$0.000589.
Based on the current rate, you could get 1,696.42 SOMM for 1 SGD.
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 SGD calculator at the top of this page to convert any amount of SOMM to SGD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 SGD is equivalent to 8,482.09 SOMM. Inversely, 5 SOMM will cost about S$0.0029
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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Create a Coinbase account to buy and sell Sommelier on the most secure crypto exchange.
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