Convert Moldovan Leu MDL to Sommelier SOMM

MDL to SOMM: 1 Moldovan Leu converts to 181.64 SOMM

MDL
Buy Sommelier

About Sommelier

Sommelier is falling this week. The current price of Sommelier is MDL 0.005505 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of MDL 2,063,354.59. The amount of Sommelier traded has fallen by -MDL 341.82 in the last 24 hours, which is a 91.29% decrease. Additionally, in the last day, MDL 374.45 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is MDL 0.005505 MDL. In other words, to buy 5 Sommelier, it would cost you MDL 0.027526 MDL. Inversely, MDL 1.00 MDL would allow you to trade for 181.64 SOMM while MDL 50.00 MDL would convert to 9,082.22 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 19.28%. Meanwhile, in the last 24 hours, the rate has changed by 11.26%, and that the highest exchange rate of 1 SOMM to MDL was MDL 0.006457 MDL and the lowest 24 hour value was 1 SOMM for MDL 0.005346 MDL. Last month, 1 SOMM was worth MDL 0.005952 MDL. Today, it's down 11.07%. Looking back a year, Sommelier has changed by MDL 0.04263 MDL. That means that in a single year, the value of Sommelier has shrank by 87.98%.

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 0.005505Price
MDL 2.06MMarket cap
MDL 374.45Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

MDL to SOMM values from Today at

MDL 0.50 MDL = 90.82 SOMM
MDL 1.00 MDL = 181.64 SOMM
MDL 5.00 MDL = 908.22 SOMM
MDL 10.00 MDL = 1,816.44 SOMM
MDL 50.00 MDL = 9,082.22 SOMM
MDL 100.00 MDL = 18,164.44 SOMM
MDL 500.00 MDL = 90,822.18 SOMM
MDL 1,000.00 MDL = 181,644.37 SOMM

SOMM to MDL values from Today at 2:45 am

0.5 SOMM = MDL 0.002753 MDL
1 SOMM = MDL 0.005505 MDL
5 SOMM = MDL 0.02753 MDL
10 SOMM = MDL 0.05505 MDL
50 SOMM = MDL 0.2753 MDL
100 SOMM = MDL 0.5505 MDL
500 SOMM = MDL 2.75 MDL
1,000 SOMM = MDL 5.51 MDL

MDL to SOMM over time

MDL
Today
24H
-16,214.84%
1M
-16,800.15%
1Y
-2,345.65%
0.5 MDL
90.82 SOMM
81.07 SOMM
84.00 SOMM
11.73 SOMM
1 MDL
181.64 SOMM
162.15 SOMM
168.00 SOMM
23.46 SOMM
5 MDL
908.22 SOMM
810.74 SOMM
840.01 SOMM
117.28 SOMM
10 MDL
1,816.44 SOMM
1,621.48 SOMM
1,680.01 SOMM
234.56 SOMM
50 MDL
9,082.22 SOMM
8,107.42 SOMM
8,400.07 SOMM
1,172.82 SOMM
100 MDL
18,164.44 SOMM
16,214.84 SOMM
16,800.15 SOMM
2,345.65 SOMM
500 MDL
90,822.18 SOMM
81,074.21 SOMM
84,000.74 SOMM
11,728.25 SOMM
1,000 MDL
181,644.37 SOMM
162,148.43 SOMM
168,001.49 SOMM
23,456.49 SOMM

Frequently asked questions

Right now, 1 Sommelier is worth about MDL 0.005505.
Based on the current rate, you could get 181.64 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 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 908.22 SOMM. Inversely, 5 SOMM will cost about MDL 0.02753
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 Recovery Right Token, LIGO, and United States Crypto Reserve. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

Related conversions

Start your crypto portfolio today

Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.