Convert Moldovan Leu MDL to Sommelier SOMM

MDL to SOMM: 1 Moldovan Leu converts to 157.81 SOMM

MDL
Buy Sommelier

About Sommelier

Sommelier is falling this week. The current price of Sommelier is MDL 0.006337 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of MDL 2,372,614.45. The amount of Sommelier traded has fallen by -MDL 19.27 in the last 24 hours, which is a 49.31% decrease. Additionally, in the last day, MDL 39.07 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is MDL 0.006337 MDL. In other words, to buy 5 Sommelier, it would cost you MDL 0.031684 MDL. Inversely, MDL 1.00 MDL would allow you to trade for 157.81 SOMM while MDL 50.00 MDL would convert to 7,890.33 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 6.08%. Meanwhile, in the last 24 hours, the rate has changed by 1.41%, which means that the highest exchange rate of 1 SOMM to MDL was MDL 0.006496 MDL and the lowest 24 hour value was 1 SOMM for MDL 0.006329 MDL. Last month, 1 SOMM was worth MDL 0.005601 MDL. Today, it's up 15.06%. Looking back a year, Sommelier has changed by MDL 0.01973 MDL. That means that in a single year, the value of Sommelier has shrank by 69.07%.

Sommelier Market Stats

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.

MDL 0.006337Price
MDL 2.37MMarket cap
MDL 39.07Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

MDL to SOMM values from Today at

MDL 0.50 MDL = 78.90 SOMM
MDL 1.00 MDL = 157.81 SOMM
MDL 5.00 MDL = 789.03 SOMM
MDL 10.00 MDL = 1,578.07 SOMM
MDL 50.00 MDL = 7,890.33 SOMM
MDL 100.00 MDL = 15,780.67 SOMM
MDL 500.00 MDL = 78,903.35 SOMM
MDL 1,000.00 MDL = 157,806.69 SOMM

SOMM to MDL values from Today at 2:11 pm

0.5 SOMM = MDL 0.003168 MDL
1 SOMM = MDL 0.006337 MDL
5 SOMM = MDL 0.03168 MDL
10 SOMM = MDL 0.06337 MDL
50 SOMM = MDL 0.3168 MDL
100 SOMM = MDL 0.6337 MDL
500 SOMM = MDL 3.17 MDL
1,000 SOMM = MDL 6.34 MDL

MDL to SOMM over time

MDL
Today
24H
-15,618.71%
1M
-17,853.31%
1Y
-5,069.08%
0.5 MDL
78.90 SOMM
78.09 SOMM
89.27 SOMM
25.35 SOMM
1 MDL
157.81 SOMM
156.19 SOMM
178.53 SOMM
50.69 SOMM
5 MDL
789.03 SOMM
780.94 SOMM
892.67 SOMM
253.45 SOMM
10 MDL
1,578.07 SOMM
1,561.87 SOMM
1,785.33 SOMM
506.91 SOMM
50 MDL
7,890.33 SOMM
7,809.36 SOMM
8,926.66 SOMM
2,534.54 SOMM
100 MDL
15,780.67 SOMM
15,618.71 SOMM
17,853.31 SOMM
5,069.08 SOMM
500 MDL
78,903.35 SOMM
78,093.56 SOMM
89,266.55 SOMM
25,345.39 SOMM
1,000 MDL
157,806.69 SOMM
156,187.13 SOMM
178,533.10 SOMM
50,690.78 SOMM

Frequently asked questions

Right now, 1 Sommelier is worth about MDL 0.006337.

Based on the current rate, you could get 157.81 SOMM for 1 MDL.

Sommelier price has been declining. Since yesterday, the exchange rate of Sommelier has decreased. Since last month, the exchange rate of Sommelier has increased. Since this time last year, the price of Sommelier has decreased.

You can use our SOMM to MDL calculator at the top of this page to convert any amount of SOMM to MDL. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MDL is equivalent to 789.03 SOMM. Inversely, 5 SOMM will cost about MDL 0.03168

Sommelier can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Sommelier.

There are a number of crypto assets that have the a similar or comparable market cap to Sommelier, including Sunny Side up, Safuu, and Titi Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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