Convert Marinade Staked SOL MSOL to Sommelier SOMM
MSOL to SOMM: 1 Marinade Staked SOL converts to 216,745.37 SOMM
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About MSOL and SOMM
Marinade Staked SOL is climbing, while Sommelier is falling this week. The current MSOL to SOMM conversion rate is 216,745.37. Inversely, this means that if you convert 1 SOMM you will get 0.000004614 MSOL. The conversion rate of MSOL/SOMM has increased by 0.34% in the last hour (SOMM/MSOL decreased by 0.34%). In the last 24 hours, MSOL/SOMM grew by 15.48%, while SOMM/MSOL shrunk by the same amount.
The exchange rate of Marinade Staked SOL is increasing. The current value of 1 MSOL is 216,745.37 SOMM. In other words, to buy 5 Marinade Staked SOL, it would cost you 1,083,726.86 SOMM. Inversely, 1 SOMM would allow you to trade for 0.000004614 MSOL while 50 SOMM would convert to 0.0002307 MSOL, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 26.2%. Meanwhile, in the last 24 hours, the rate has changed by 12.08%, and that the highest exchange rate of 1 MSOL to SOMM was 219,883.62 SOMM and the lowest 24 hour value was 1 MSOL for 190,165.22 SOMM. Last month, 1 MSOL was worth 421,678.29 SOMM. Today, it's down 94.55%. Looking back a year, Marinade Staked SOL has changed by 161,689.69 SOMM. That means that in a single year, the value of Marinade Staked SOL has grown by 25.4%.
Marinade Staked SOL Market Stats
mSOL tokens represent SOL tokens staked using the Marinade.Finance liquid staking protocol. Marinade.Finance users receive mSOL tokens that accrue staking rewards upon staking SOL tokens. Since mSOL tokens are liquid, they can be used to participate in DeFi across the Solana ecosystem.
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.
Conversion tables
MSOL to SOMM values from Today at 5:55 am
0.5 MSOL = 108,372.69 SOMM |
1 MSOL = 216,745.37 SOMM |
5 MSOL = 1,083,726.86 SOMM |
10 MSOL = 2,167,453.72 SOMM |
50 MSOL = 10,837,268.59 SOMM |
100 MSOL = 21,674,537.19 SOMM |
500 MSOL = 108,372,685.94 SOMM |
1,000 MSOL = 216,745,371.88 SOMM |
SOMM to MSOL values from Today at 5:54 am
0.5 SOMM = 0.000002307 MSOL |
1 SOMM = 0.000004614 MSOL |
5 SOMM = 0.00002307 MSOL |
10 SOMM = 0.00004614 MSOL |
50 SOMM = 0.0002307 MSOL |
100 SOMM = 0.0004614 MSOL |
500 SOMM = 0.002307 MSOL |
1,000 SOMM = 0.004614 MSOL |
MSOL to SOMM over time
MSOL | Today | 24H 12.08% | 1M -94.55% | 1Y 25.40% |
|---|---|---|---|---|
0.5 MSOL | 108,372.69 SOMM | 95,283.48 SOMM | 210,839.14 SOMM | 80,844.84 SOMM |
1 MSOL | 216,745.37 SOMM | 190,566.96 SOMM | 421,678.29 SOMM | 161,689.69 SOMM |
5 MSOL | 1,083,726.86 SOMM | 952,834.81 SOMM | 2,108,391.44 SOMM | 808,448.45 SOMM |
10 MSOL | 2,167,453.72 SOMM | 1,905,669.63 SOMM | 4,216,782.87 SOMM | 1,616,896.89 SOMM |
50 MSOL | 10,837,268.59 SOMM | 9,528,348.15 SOMM | 21,083,914.35 SOMM | 8,084,484.47 SOMM |
100 MSOL | 21,674,537.19 SOMM | 19,056,696.30 SOMM | 42,167,828.71 SOMM | 16,168,968.95 SOMM |
500 MSOL | 108,372,685.94 SOMM | 95,283,481.49 SOMM | 210,839,143.53 SOMM | 80,844,844.74 SOMM |
1,000 MSOL | 216,745,371.88 SOMM | 190,566,962.98 SOMM | 421,678,287.06 SOMM | 161,689,689.49 SOMM |
Frequently asked questions
Right now, 1 Marinade Staked SOL is worth about $92.08.
Based on the current rate, you could get 0.01086 MSOL for 1 USD.
Marinade Staked SOL price has been on the rise. Since yesterday, the exchange rate of Marinade Staked SOL has increased. Since last month, the exchange rate of Marinade Staked SOL has decreased. Since this time last year, the price of Marinade Staked SOL has decreased.
You can use our MSOL to USD calculator at the top of this page to convert any amount of MSOL to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.0543 MSOL. Inversely, 5 MSOL will cost about $460.38
Marinade Staked SOL is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Marinade Staked SOL.
There are a number of crypto assets that have the a similar or comparable market cap to Marinade Staked SOL, including Frax Staked Ether, Beacon ETH, and Bitcoin Avalanche Bridged. For a more robust list of assets to explore, jump to the asset page dedicated to Marinade Staked SOL.
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