stSOMM is the token received in exchange for staking SOMM with Stride. SOMM is the native token of the Sommelier project. Sommelier is the prominent DeFi strategy protocol in the Cosmos Ecosystem. By staking SOMM with Stride, users can mint stSOMM, which are redeemable for SOMM at a 1:1 ratio, subject to the unbonding period on the Sommelier blockchain. Stride currently supports liquid staking SOMM on its mainnet, which launched in late July 2022. With stSOMM, users can retain liquidity in their staked tokens while also earning staking rewards. stSOMM can be staked now on Stride at app.stride.zone.
What is the highest value Stride Staked Sommelier (STSOMM) has ever reached?
Stride Staked Sommelier (STSOMM) reached its peak price at 0.9966 $ on 11 January 2024, approximately 2 years ago ago. Presently, the current price is -99.79% lower than this all-time high.
What is the historical minimum price for Stride Staked Sommelier (STSOMM)?
The minimum price reached for Stride Staked Sommelier (STSOMM) was 0.0001337 $, documented on 24 February 2025, more than 10 months ago. In comparison, the current price is 1,440.07%, it above this historical low.