Convert Macedonian Denar MKD to Sommelier SOMM

MKD to SOMM: 1 Macedonian Denar converts to 61.25 SOMM

MKD
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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is MKD 0.01633 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of MKD 6,134,738.73. The amount of Sommelier traded has fallen by -MKD 596.26 in the last 24 hours, which is a 71.91% decrease. Additionally, in the last day, MKD 829.21 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is MKD 0.01633 MKD. In other words, to buy 5 Sommelier, it would cost you MKD 0.08163 MKD. Inversely, MKD 1.00 MKD would allow you to trade for 61.25 SOMM while MKD 50.00 MKD would convert to 3,062.67 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 9.64%. Meanwhile, in the last 24 hours, the rate has changed by 2.67%, and that the highest exchange rate of 1 SOMM to MKD was MKD 0.01754 MKD and the lowest 24 hour value was 1 SOMM for MKD 0.01574 MKD. Last month, 1 SOMM was worth MKD 0.02651 MKD. Today, it's down 38.44%. Looking back a year, Sommelier has changed by MKD 0.06222 MKD. That means that in a single year, the value of Sommelier has shrank by 74.59%.

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.

MKD 0.01633Price
MKD 6.13MMarket cap
MKD 829.21Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

MKD to SOMM values from Today at

MKD 0.50 MKD = 30.63 SOMM
MKD 1.00 MKD = 61.25 SOMM
MKD 5.00 MKD = 306.27 SOMM
MKD 10.00 MKD = 612.53 SOMM
MKD 50.00 MKD = 3,062.67 SOMM
MKD 100.00 MKD = 6,125.34 SOMM
MKD 500.00 MKD = 30,626.70 SOMM
MKD 1,000.00 MKD = 61,253.40 SOMM

SOMM to MKD values from Today at 8:03 pm

0.5 SOMM = MKD 0.008163 MKD
1 SOMM = MKD 0.01633 MKD
5 SOMM = MKD 0.08163 MKD
10 SOMM = MKD 0.1633 MKD
50 SOMM = MKD 0.8163 MKD
100 SOMM = MKD 1.63 MKD
500 SOMM = MKD 8.16 MKD
1,000 SOMM = MKD 16.33 MKD

MKD to SOMM over time

MKD
Today
24H
-6,291.92%
1M
-3,771.69%
1Y
-1,607.24%
0.5 MKD
30.63 SOMM
31.46 SOMM
18.86 SOMM
8.04 SOMM
1 MKD
61.25 SOMM
62.92 SOMM
37.72 SOMM
16.07 SOMM
5 MKD
306.27 SOMM
314.60 SOMM
188.58 SOMM
80.36 SOMM
10 MKD
612.53 SOMM
629.19 SOMM
377.17 SOMM
160.72 SOMM
50 MKD
3,062.67 SOMM
3,145.96 SOMM
1,885.84 SOMM
803.62 SOMM
100 MKD
6,125.34 SOMM
6,291.92 SOMM
3,771.69 SOMM
1,607.24 SOMM
500 MKD
30,626.70 SOMM
31,459.61 SOMM
18,858.44 SOMM
8,036.20 SOMM
1,000 MKD
61,253.40 SOMM
62,919.21 SOMM
37,716.87 SOMM
16,072.39 SOMM

Frequently asked questions

Right now, 1 Sommelier is worth about MKD 0.01633.

Based on the current rate, you could get 61.25 SOMM for 1 MKD.

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 MKD calculator at the top of this page to convert any amount of SOMM to MKD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MKD is equivalent to 306.27 SOMM. Inversely, 5 SOMM will cost about MKD 0.08163

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, MetaSwap, and Titi Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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