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About PRCL and SOMM
Parcl is climbing, while Sommelier is falling this week. The current PRCL to SOMM conversion rate is 28.87. Inversely, this means that if you convert 1 SOMM you will get 0.03464 PRCL. The conversion rate of PRCL/SOMM has decreased by 1.83% in the last hour (SOMM/PRCL increased by 1.83%). In the last 24 hours, PRCL/SOMM grew by 13.87%, while SOMM/PRCL shrunk by the same amount.
The exchange rate of Parcl is increasing. The current value of 1 PRCL is 28.87 SOMM. In other words, to buy 5 Parcl, it would cost you 144.34 SOMM. Inversely, 1 SOMM would allow you to trade for 0.03464 PRCL while 50 SOMM would convert to 1.73 PRCL, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.07%. Meanwhile, in the last 24 hours, the rate has changed by 11.46%, which means that the highest exchange rate of 1 PRCL to SOMM was 30.32 SOMM and the lowest 24 hour value was 1 PRCL for 15.92 SOMM. Last month, 1 PRCL was worth 43.59 SOMM. Today, it's down 50.98%. Looking back a year, Parcl has changed by 59.54 SOMM. That means that in a single year, the value of Parcl has shrank by 106.26%.
Parcl Market Stats
Parcl is a perpetuals exchange designed for real estate synthetics. PRCL acts as the governance token for the Parcl Protocol. PRCL can also be used to access institutional quality real estate data via an API powered by Parcl Labs.
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
PRCL to SOMM values from Today at 12:51 am
0.5 PRCL = 14.43 SOMM |
1 PRCL = 28.87 SOMM |
5 PRCL = 144.34 SOMM |
10 PRCL = 288.68 SOMM |
50 PRCL = 1,443.42 SOMM |
100 PRCL = 2,886.83 SOMM |
500 PRCL = 14,434.16 SOMM |
1,000 PRCL = 28,868.31 SOMM |
SOMM to PRCL values from Today at 12:48 am
0.5 SOMM = 0.01732 PRCL |
1 SOMM = 0.03464 PRCL |
5 SOMM = 0.1732 PRCL |
10 SOMM = 0.3464 PRCL |
50 SOMM = 1.73 PRCL |
100 SOMM = 3.46 PRCL |
500 SOMM = 17.32 PRCL |
1,000 SOMM = 34.64 PRCL |
PRCL to SOMM over time
PRCL | Today | 24H 11.46% | 1M -50.98% | 1Y -106.26% |
|---|---|---|---|---|
0.5 PRCL | 14.43 SOMM | 12.78 SOMM | 21.79 SOMM | 29.77 SOMM |
1 PRCL | 28.87 SOMM | 25.56 SOMM | 43.59 SOMM | 59.54 SOMM |
5 PRCL | 144.34 SOMM | 127.80 SOMM | 217.93 SOMM | 297.71 SOMM |
10 PRCL | 288.68 SOMM | 255.59 SOMM | 435.86 SOMM | 595.43 SOMM |
50 PRCL | 1,443.42 SOMM | 1,277.97 SOMM | 2,179.31 SOMM | 2,977.13 SOMM |
100 PRCL | 2,886.83 SOMM | 2,555.93 SOMM | 4,358.62 SOMM | 5,954.26 SOMM |
500 PRCL | 14,434.16 SOMM | 12,779.67 SOMM | 21,793.11 SOMM | 29,771.31 SOMM |
1,000 PRCL | 28,868.31 SOMM | 25,559.35 SOMM | 43,586.21 SOMM | 59,542.62 SOMM |
Frequently asked questions
Right now, 1 Parcl is worth about $0.00875.
Based on the current rate, you could get 114.29 PRCL for 1 USD.
Parcl price has been declining. Since yesterday, the exchange rate of Parcl has decreased. Since last month, the exchange rate of Parcl has decreased. Since this time last year, the price of Parcl has decreased.
You can use our PRCL to USD calculator at the top of this page to convert any amount of PRCL to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 571.43 PRCL. Inversely, 5 PRCL will cost about $0.04375
Parcl is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Parcl.
There are a number of crypto assets that have the a similar or comparable market cap to Parcl, including Sui Name Service, OctaSpace, and CESS Network. For a more robust list of assets to explore, jump to the asset page dedicated to Parcl.
Buy Parcl with Coinbase
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