Convert Sommelier SOMM to Indian Rupee INR
SOMM to INR: 1 Sommelier converts to ₹0.03794 INR as of April 3 at 10:20 PM
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About Sommelier
Sommelier is climbing this week. The current price of Sommelier is ₹0.03794 per SOMM. With a circulating supply of 374,797,031 SOMM, it means that Sommelier has a total market cap of ₹14,232,696.44. The amount of Sommelier traded has fallen by -₹139.81 in the last 24 hours, which is a 97.25% decrease. Additionally, in the last day, ₹143.77 worth of SOMM has been traded.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is ₹0.03794 INR. In other words, to buy 5 Sommelier, it would cost you ₹0.18971 INR. Inversely, ₹1.00 INR would allow you to trade for 26.36 SOMM while ₹50.00 INR would convert to 1,317.80 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.73%. Meanwhile, in the last 24 hours, the rate has changed by 2.02%, which means that the highest exchange rate of 1 SOMM to INR was ₹0.03829 INR and the lowest 24 hour value was 1 SOMM for ₹0.03728 INR. Last month, 1 SOMM was worth ₹0.0321 INR. Today, it's up 17.23%. Looking back a year, Sommelier has changed by ₹0.4776 INR. That means that in a single year, the value of Sommelier has shrank by 92.67%.
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 INR values from Today at 10:20 pm
0.5 SOMM = ₹0.01897 INR |
1 SOMM = ₹0.03794 INR |
5 SOMM = ₹0.1897 INR |
10 SOMM = ₹0.3794 INR |
50 SOMM = ₹1.90 INR |
100 SOMM = ₹3.79 INR |
500 SOMM = ₹18.97 INR |
1,000 SOMM = ₹37.94 INR |
INR to SOMM values from Today at
₹0.50 INR = 13.18 SOMM |
₹1.00 INR = 26.36 SOMM |
₹5.00 INR = 131.78 SOMM |
₹10.00 INR = 263.56 SOMM |
₹50.00 INR = 1,317.80 SOMM |
₹100.00 INR = 2,635.61 SOMM |
₹500.00 INR = 13,178.05 SOMM |
₹1,000.00 INR = 26,356.10 SOMM |
SOMM to INR over time
SOMM | Today | 24H 1.74% | 1M 15.40% | 1Y -1,158.90% |
|---|---|---|---|---|
0.5 SOMM | ₹0.01897 INR | ₹0.01864 INR | ₹0.01605 INR | ₹0.2388 INR |
1 SOMM | ₹0.03794 INR | ₹0.03728 INR | ₹0.0321 INR | ₹0.4776 INR |
5 SOMM | ₹0.1897 INR | ₹0.1864 INR | ₹0.1605 INR | ₹2.39 INR |
10 SOMM | ₹0.3794 INR | ₹0.3728 INR | ₹0.321 INR | ₹4.78 INR |
50 SOMM | ₹1.90 INR | ₹1.86 INR | ₹1.60 INR | ₹23.88 INR |
100 SOMM | ₹3.79 INR | ₹3.73 INR | ₹3.21 INR | ₹47.76 INR |
500 SOMM | ₹18.97 INR | ₹18.64 INR | ₹16.05 INR | ₹238.82 INR |
1,000 SOMM | ₹37.94 INR | ₹37.28 INR | ₹32.10 INR | ₹477.65 INR |
Frequently asked questions
Right now, 1 Sommelier is worth about ₹0.03794.
Based on the current rate, you could get 26.36 SOMM for 1 INR.
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.
You can use our SOMM to INR calculator at the top of this page to convert any amount of SOMM to INR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 INR is equivalent to 131.78 SOMM. Inversely, 5 SOMM will cost about ₹0.1897
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, MetaSwap, and Titi Financial. 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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