Sommelier

$SOMM

$0.022004

4.44%

What is Sommelier?

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 o Read more

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.

What is Sommelier?

Sommelier is a non-custodial, cross-chain platform for executing actively-managed DeFi investment st Read more

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.

D 40
Follower
77,959 (#1415)
0.28% 7D
Activity
1/100
3% 7D
Sentiment
Neutral
Follower
3,627 (#2073)
0.52% 7D
Activity
1/100
3% 7D
Sentiment
Neutral
Follower
14,010 (#575)
0.03% 7D
Activity
1/100
3% 7D
Sentiment
Neutral
Follower
6,340 (#1354)
0.52% 7D
Activity
1/100
3% 7D
Sentiment
Neutral
Follower
2,874 (#2621)
0.48% 7D
Activity
0/100
3% 7D
Sentiment
Neutral

📉 Losing Followers

The project is losing followers.

🟢 Healthy Organic Growth

The follower growth appears organic and healthy.

Be the first to know about suspicious activities around your watchlist's coins.

🔔 Get Anomaly Alerts

Market Cap

$6.69M

Fully Diluted Valuation

$11.00M

Volume 24h

$11.29K

All Time High Feb 09 2022

$7 99.69%

ATH Circulating Supply

$303.95M

Total Supply

$500.00M

Max Supply

$500.00M

All Time Low Nov 03 2024

$0.00 57%

Channels Rank Followers Posts/Day Comments/Posts Active Users
Twitter
@sommfinance
#1339 51,108 5.33 1.56
Discord
@Sommelier
#575 14,010
Coingecko
@Sommelier (SOMM)
#1354 6,340
Telegram
@getsomm
#2073 3,627 1.00 3
CoinMarketcap
@Sommelier
#2621 2,874

Community Score

D 40

Sommelier's community is presently marked with a 'D' grade, suggesting a modest interaction-to-follower ratio. It has a moderate follower base and experiencing a decrease in followers. The community is less active than most along with a predominantly neutral sentiment among its members.


Community Metrics

Followers
78k
Large
Follower
Growth (30d)
-0.94%
Stagnant
Sentiment
0/100
Neutral
Activity
1/100
+3%
The key metrics for this community indicate stability and healthy engagement, with no anomalies detected.
Development 24 h 7 d 14 d 30 d
Price 4.44% 47.87% 39.91% 31.06%
Follower 0% 0.28% 0.26% 0.94%

Daily Social Panel

Daily relevant Posts from Twitter, Telegram and Reddit ranked by our Smart Relevance Score.

2024-11-21 14:01
AFAIk it won't really be competitive with the mainnet products in the short term
Score 0
2024-11-21 13:58
Is the yield expected to improve for **Real Yield ETH** on the arb chain?
Score 0

Sommelier

$SOMM

$0.022004

4.44%

What is Sommelier?

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 o Read more

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.

What is Sommelier?

Sommelier is a non-custodial, cross-chain platform for executing actively-managed DeFi investment st Read more

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.

Development 24 h 7 d 14 d 30 d
Price 4.44% 47.87% 39.91% 31.06%
Follower 0% 0.28% 0.26% 0.94%

Market Cap

$6.69M

Fully Diluted Valuation

$11.00M

Volume 24h

$11.29K

All Time High Feb 09 2022

$7 99.69%

ATH Circulating Supply

$303.95M

Total Supply

$500.00M

Max Supply

$500.00M

All Time Low Nov 03 2024

$0.00 57%

Channels Rank Followers Posts/Day Comments/Posts Active Users
Twitter
@sommfinance
#1339 51,108 5.33 1.56
Discord
@Sommelier
#575 14,010
Coingecko
@Sommelier (SOMM)
#1354 6,340
Telegram
@getsomm
#2073 3,627 1.00 3
CoinMarketcap
@Sommelier
#2621 2,874
D 40
Follower
77,959 (#1415)
0.28% 7D
Activity
1/100
3% 7D
Sentiment
Neutral
Follower
3,627 (#2073)
0.52% 7D
Activity
1/100
3% 7D
Sentiment
Neutral
Follower
14,010 (#575)
0.03% 7D
Activity
1/100
3% 7D
Sentiment
Neutral
Follower
6,340 (#1354)
0.52% 7D
Activity
1/100
3% 7D
Sentiment
Neutral
Follower
2,874 (#2621)
0.48% 7D
Activity
0/100
3% 7D
Sentiment
Neutral

📉 Losing Followers

The project is losing followers.

🟢 Healthy Organic Growth

The follower growth appears organic and healthy.

Be the first to know about suspicious activities around your watchlist's coins.

🔔 Get Anomaly Alerts

Daily Social Panel

Daily relevant Posts from Twitter, Telegram and Reddit ranked by our Smart Relevance Score.

2024-11-21 14:01
AFAIk it won't really be competitive with the mainnet products in the short term
Score 0
2024-11-21 13:58
Is the yield expected to improve for **Real Yield ETH** on the arb chain?
Score 0


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