Sommelier is an innovative asset management protocol that enables intelligent vaults to ingest real-time market information and dynamically adapt to market conditions, providing enhanced opportunities and risk mitigation for users. All vaults are enabled by audited smart contracts and controlled by protocol governance, ensuring transparency and security.
Sommelier was founded in 2020 by Zaki Manian, a lead developer on the Cosmos protocol and Tendermint, and a prolific team of Ethereum and Cosmos developers.
The SOMM token is the native asset of the Sommelier network, a proof-of-stake blockchain built on the Cosmos SDK. It plays a crucial role in ensuring the security, operation, and growth of the network. SOMM can be staked to select validators, secure the network, used for transaction fees, and governance. Validator selection is critical to SOMM, as it distinguishes Sommelier vaults from other protocols as well as conventional asset management. By staking SOMM, users can help secure the network and earn rewards for doing so. Transaction fees paid in SOMM help to ensure the network runs smoothly, and by participating in governance, SOMM holders control key pieces of the protocol. The direct relationship between vault success and SOMM staking rewards creates a powerful flywheel effect that further bolsters the Sommelier ecosystem.
Where is Bridged Sommelier (Axelar) available for purchase?
You can exchange AXLSOMM tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Bridged Sommelier (Axelar) is Camelot, notably the AXLSOMM/WETH pair, which saw a trading volume of $ 1,140.84 in the past day.
What is the highest value Bridged Sommelier (Axelar) (AXLSOMM) has ever reached?
Bridged Sommelier (Axelar) (AXLSOMM) reached its peak price at 0.1791 $ on 13 September 2025, approximately a few seconds ago ago. Presently, the current price is -6.43% lower than this all-time high.
What is the historical minimum price for Bridged Sommelier (Axelar) (AXLSOMM)?
The minimum price reached for Bridged Sommelier (Axelar) (AXLSOMM) was 0.09294 $, documented on 13 September 2025, more than a few seconds ago. In comparison, the current price is 80.3%, it above this historical low.
What is the fully diluted valuation of Bridged Sommelier (Axelar) (AXLSOMM)?
The fully diluted valuation (FDV) of Bridged Sommelier (Axelar) (AXLSOMM) stands at $ 50,03 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 500,000,000 AXLSOMM tokens. The realization of this FDV might take several years depending on the emission schedule of AXLSOMM tokens.