Convert Sommelier SOMM to Moldovan Leu MDL
SOMM to MDL: 1 Sommelier converts to MDL 0.00594 MDL as of July 31 at 8:26 AM
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About Sommelier
Sommelier is climbing this week. The current price of Sommelier is MDL 0.00594 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of MDL 2,226,353.82. The amount of Sommelier traded has risen by MDL 11.82 in the last 24 hours, which is a 27.46% increase. Additionally, in the last day, MDL 43.05 worth of SOMM has been traded.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is MDL 0.00594 MDL. In other words, to buy 5 Sommelier, it would cost you MDL 0.029701 MDL. Inversely, MDL 1.00 MDL would allow you to trade for 168.35 SOMM while MDL 50.00 MDL would convert to 8,417.26 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 12.47%. Meanwhile, in the last 24 hours, the rate has changed by 17.93%, which means that the highest exchange rate of 1 SOMM to MDL was MDL 0.006196 MDL and the lowest 24 hour value was 1 SOMM for MDL 0.00507 MDL. Last month, 1 SOMM was worth MDL 0.008097 MDL. Today, it's down 26.69%. Looking back a year, Sommelier has changed by MDL 0.01753 MDL. That means that in a single year, the value of Sommelier has shrank by 66.74%.
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 8:26 am
0.5 SOMM = MDL 0.00297 MDL |
1 SOMM = MDL 0.00594 MDL |
5 SOMM = MDL 0.0297 MDL |
10 SOMM = MDL 0.0594 MDL |
50 SOMM = MDL 0.297 MDL |
100 SOMM = MDL 0.594 MDL |
500 SOMM = MDL 2.97 MDL |
1,000 SOMM = MDL 5.94 MDL |
MDL to SOMM values from Today at
MDL 0.50 MDL = 84.17 SOMM |
MDL 1.00 MDL = 168.35 SOMM |
MDL 5.00 MDL = 841.73 SOMM |
MDL 10.00 MDL = 1,683.45 SOMM |
MDL 50.00 MDL = 8,417.26 SOMM |
MDL 100.00 MDL = 16,834.52 SOMM |
MDL 500.00 MDL = 84,172.62 SOMM |
MDL 1,000.00 MDL = 168,345.24 SOMM |
SOMM to MDL over time
SOMM | Today | 24H 14.31% | 1M -36.31% | 1Y -195.17% |
|---|---|---|---|---|
0.5 SOMM | MDL 0.00297 MDL | MDL 0.002545 MDL | MDL 0.004049 MDL | MDL 0.008767 MDL |
1 SOMM | MDL 0.00594 MDL | MDL 0.00509 MDL | MDL 0.008097 MDL | MDL 0.01753 MDL |
5 SOMM | MDL 0.0297 MDL | MDL 0.02545 MDL | MDL 0.04049 MDL | MDL 0.08767 MDL |
10 SOMM | MDL 0.0594 MDL | MDL 0.0509 MDL | MDL 0.08097 MDL | MDL 0.1753 MDL |
50 SOMM | MDL 0.297 MDL | MDL 0.2545 MDL | MDL 0.4049 MDL | MDL 0.8767 MDL |
100 SOMM | MDL 0.594 MDL | MDL 0.509 MDL | MDL 0.8097 MDL | MDL 1.75 MDL |
500 SOMM | MDL 2.97 MDL | MDL 2.55 MDL | MDL 4.05 MDL | MDL 8.77 MDL |
1,000 SOMM | MDL 5.94 MDL | MDL 5.09 MDL | MDL 8.10 MDL | MDL 17.53 MDL |
Frequently asked questions
Right now, 1 Sommelier is worth about MDL 0.00594.
Based on the current rate, you could get 168.35 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 841.73 SOMM. Inversely, 5 SOMM will cost about MDL 0.0297
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, Lets Go Brandon, and Bullit. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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