Convert Sommelier SOMM to Moldovan Leu MDL
1 SOMM converts to MDL 0.008531 MDL as of June 7 at 8:50 PM
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About Sommelier
Sommelier is climbing this week. The current price of Sommelier is MDL 0.008531 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of MDL 3,192,791.60. The amount of Sommelier traded has risen by MDL 412.41 in the last 24 hours, which is a 34.32% increase. Additionally, in the last day, MDL 1,201.68 worth of SOMM has been traded.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is MDL 0.008531 MDL. In other words, to buy 5 Sommelier, it would cost you MDL 0.042653 MDL. Inversely, MDL 1.00 MDL would allow you to trade for 117.23 SOMM while MDL 50.00 MDL would convert to 5,861.31 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 20.55%. Meanwhile, in the last 24 hours, the rate has changed by 25.66%, which means that the highest exchange rate of 1 SOMM to MDL was MDL 0.009109 MDL and the lowest 24 hour value was 1 SOMM for MDL 0.006763 MDL. Last month, 1 SOMM was worth MDL 0.008503 MDL. Today, it's down 0.84%. Looking back a year, Sommelier has changed by MDL 0.02143 MDL. That means that in a single year, the value of Sommelier has shrank by 60.17%.
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
SOMM to MDL values from Today at 8:50 pm
0.5 SOMM = MDL 0.004265 MDL |
1 SOMM = MDL 0.008531 MDL |
5 SOMM = MDL 0.04265 MDL |
10 SOMM = MDL 0.08531 MDL |
50 SOMM = MDL 0.4265 MDL |
100 SOMM = MDL 0.8531 MDL |
500 SOMM = MDL 4.27 MDL |
1,000 SOMM = MDL 8.53 MDL |
MDL to SOMM values from Today at
MDL 0.50 MDL = 58.61 SOMM |
MDL 1.00 MDL = 117.23 SOMM |
MDL 5.00 MDL = 586.13 SOMM |
MDL 10.00 MDL = 1,172.26 SOMM |
MDL 50.00 MDL = 5,861.31 SOMM |
MDL 100.00 MDL = 11,722.63 SOMM |
MDL 500.00 MDL = 58,613.13 SOMM |
MDL 1,000.00 MDL = 117,226.26 SOMM |
SOMM to MDL over time
SOMM | Today | 24H 20.72% | 1M 0.33% | 1Y -151.22% |
|---|---|---|---|---|
0.5 SOMM | MDL 0.004265 MDL | MDL 0.003381 MDL | MDL 0.004251 MDL | MDL 0.01072 MDL |
1 SOMM | MDL 0.008531 MDL | MDL 0.006763 MDL | MDL 0.008503 MDL | MDL 0.02143 MDL |
5 SOMM | MDL 0.04265 MDL | MDL 0.03381 MDL | MDL 0.04251 MDL | MDL 0.1072 MDL |
10 SOMM | MDL 0.08531 MDL | MDL 0.06763 MDL | MDL 0.08503 MDL | MDL 0.2143 MDL |
50 SOMM | MDL 0.4265 MDL | MDL 0.3381 MDL | MDL 0.4251 MDL | MDL 1.07 MDL |
100 SOMM | MDL 0.8531 MDL | MDL 0.6763 MDL | MDL 0.8503 MDL | MDL 2.14 MDL |
500 SOMM | MDL 4.27 MDL | MDL 3.38 MDL | MDL 4.25 MDL | MDL 10.72 MDL |
1,000 SOMM | MDL 8.53 MDL | MDL 6.76 MDL | MDL 8.50 MDL | MDL 21.43 MDL |
Frequently asked questions
Right now, 1 Sommelier is worth about MDL 0.008531.
Based on the current rate, you could get 117.23 SOMM for 1 MDL.
Sommelier price has been on the rise. Since yesterday, the exchange rate of Sommelier has increased. Since last month, the exchange rate of Sommelier has decreased. 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 586.13 SOMM. Inversely, 5 SOMM will cost about MDL 0.04265
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 Titi Financial, MetaSwap, and Bullit. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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