Cryptos: 9 180
Exchanges: 4
Market capitalization: $3.64T
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Sommelier
SOMM

About Sommelier

Sommelier acts as a coprocessor for the Ethereum blockchain, enabling faster and more cost-effective transfer of DeFi assets from Automated Market Makers (AMMs) into higher-yield strategies through automated, protocol-driven investment strategies. Users and community members can create Cellars, which are smart contract-based investment containers executing predefined strategies. These Cellars are powered by Strategy Providers (SPs) who design trading strategies and recommend actions to Sommelier Validators for execution to maximize yield. Key use cases include automatic portfolio rebalancing in response to pool performance changes, shifting assets toward high-yield liquidity opportunities while exiting lower-yield positions, and optimizing on-chain yield through transaction batching and ro...

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