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Convert Sommelier SOMM to Singapore Dollar SGD

SOMM to SGD: 1 Sommelier converts to S$0.0023 SGD as of October 27 at 12:04 PM

SGD

About Sommelier

Sommelier is falling this week. The current price of Sommelier is S$0.0023 per SOMM. With a circulating supply of 369,390,072 SOMM, it means that Sommelier has a total market cap of S$837,765.22. The amount of Sommelier traded has risen by S$8,456.94 in the last 24 hours, which is a 693.66% increase. Additionally, in the last day, S$1,219.18 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is S$0.0023 SGD. In other words, to buy 5 Sommelier, it would cost you S$0.0114 SGD. Inversely, S$1.00 SGD would allow you to trade for 438.96 SOMM while S$50.00 SGD would convert to 21,948.04 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 14.67%. Meanwhile, in the last 24 hours, the rate has changed by 4.47%, and that the highest exchange rate of 1 SOMM to SGD was S$0.0026 SGD and the lowest 24 hour value was 1 SOMM for S$0.0023 SGD. Last month, 1 SOMM was worth S$0.0046 SGD. Today, it's down 50.49%. Looking back a year, Sommelier has changed by S$0.0224 SGD. That means that in a single year, the value of Sommelier has shrank by 89.61%.

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.

S$0.0023Price
S$837.77KMarket cap
S$1.22KVolume (24h)
369.4M SOMMCir. Supply

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Conversion tables

SOMM to SGD values from Today at 12:04 pm

0.5 SOMM = S$0.0011 SGD
1 SOMM = S$0.0023 SGD
5 SOMM = S$0.0114 SGD
10 SOMM = S$0.0228 SGD
50 SOMM = S$0.11 SGD
100 SOMM = S$0.23 SGD
500 SOMM = S$1.14 SGD
1,000 SOMM = S$2.28 SGD

SGD to SOMM values from Today at 12:05 pm

S$0.50 SGD = 219.48 SOMM
S$1.00 SGD = 438.96 SOMM
S$5.00 SGD = 2,194.80 SOMM
S$10.00 SGD = 4,389.61 SOMM
S$50.00 SGD = 21,948.04 SOMM
S$100.00 SGD = 43,896.08 SOMM
S$500.00 SGD = 219,480.38 SOMM
S$1,000.00 SGD = 438,960.75 SOMM

SOMM to SGD over time

SOMM
Today
24H
-5.02%
1M
-101.38%
1Y
-882.46%
0.5 SOMM
S$0.0011 SGD
S$0.0012 SGD
S$0.0023 SGD
S$0.0112 SGD
1 SOMM
S$0.0023 SGD
S$0.0024 SGD
S$0.0046 SGD
S$0.0224 SGD
5 SOMM
S$0.0114 SGD
S$0.0120 SGD
S$0.0229 SGD
S$0.11 SGD
10 SOMM
S$0.0228 SGD
S$0.0239 SGD
S$0.0459 SGD
S$0.22 SGD
50 SOMM
S$0.11 SGD
S$0.12 SGD
S$0.23 SGD
S$1.12 SGD
100 SOMM
S$0.23 SGD
S$0.24 SGD
S$0.46 SGD
S$2.24 SGD
500 SOMM
S$1.14 SGD
S$1.20 SGD
S$2.29 SGD
S$11.19 SGD
1,000 SOMM
S$2.28 SGD
S$2.39 SGD
S$4.59 SGD
S$22.38 SGD

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Frequently asked questions

How much is 1 Sommelier in SGD?

Right now, 1 Sommelier is worth about S$0.0023.

How much SOMM could I buy for 1 SGD?

Based on the current rate, you could get 438.96 SOMM for 1 SGD.

How much has the price of Sommelier changed?

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.

How do I calculate or convert SOMM to SGD?

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 2,194.8 SOMM. Inversely, 5 SOMM will cost about S$0.0114

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 TurboX, MagnetGold, and Vista Finance. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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