Sommelier current market price is $0.0950 with a 24 hour trading volume of $83,421. The total available supply of Sommelier is 290.80M SOMM with a maximum supply of 500.00M SOMM. It has secured Rank 944 in the cryptocurrency market with a marketcap of $27.69M. The SOMM price is 0.11% up in the last 24 hours.
The lowest price of the Sommelier is $0.0874 & the highest price is $0.0957 in the last 24 hours. Live Sommelier prices from all markets and SOMM coin market Capitalization. Stay up to date with the latest Sommelier price movements. Check our coin stats data and see when there is an opportunity to buy or sell Sommelier at best price in the market.
$0.0950
$0 0.11%
$0.0874 / $0.0957
$27.69M 0.38%
$47.62M
$83,421
290.80M SOMM
500.00M SOMM
0.11%
4.52%
13.92%
38%
46.79%
33.32%
Compare live prices of Sommelier on top exchanges.
| # | Exchange | Pair | Price | Volume (24h) | Trust Score |
|---|---|---|---|---|---|
 Osmosis | IBC/9BB.../UOSMO | $0.0955 | $25,629 | ||
| Osmosis | IBC/5A0.../IBC/9BB... | $0.0957 | $268 | ||
| Osmosis | IBC/9BB.../UOSMO | $0.0957 | $16,871 | ||
 Gate.io | SOMM/USDT | $0.0946 | $23,706 | ||
 Kujira Fin | SOMM/MNTA | $0.0944 | $7,172 | ||
 CoinEx | SOMM/USDT | $0.0945 | $8,564 | ||
| Kujira Fin | SOMM/USK | $0.0937 | $233 | ||
| Osmosis | IBC/498.../IBC/9BB... | $0.0960 | $46 | ||
 Uniswap V3 (Ethereum) | 0XA670D.../0XC02AA... | $0.0909 | $901 | ||
| Osmosis | IBC/9BB.../IBC/EAF... | $0.0960 | $11 |
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 identifyAn NFT trading strategy that leverages Twitter sentiment around particular collectionsA strategy that hedges liquidity provision on DEXesSommelier 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.
Alameda Research Portfolio Multicoin Capital Portfolio LRTfi Cosmos Ecosystem Ethereum Ecosystem
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