Convert Sommelier SOMM to Marinade Staked SOL MSOL
SOMM to MSOL: 1 Sommelier converts to 0.000003508 MSOL
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About SOMM and MSOL
Sommelier is falling, while Marinade Staked SOL is climbing this week. The current SOMM to MSOL conversion rate is 0.000003508. Inversely, this means that if you convert 1 MSOL you will get 285,067.46 SOMM. The conversion rate of SOMM/MSOL has decreased by 0.13% in the last hour (MSOL/SOMM increased by 0.13%). In the last 24 hours, SOMM/MSOL shrunk by 0.21%, while MSOL/SOMM grew by the same amount.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is 0.000003508 MSOL. In other words, to buy 5 Sommelier, it would cost you 0.00001754 MSOL. Inversely, 1 MSOL would allow you to trade for 285,067.46 SOMM while 50 MSOL would convert to 14,253,372.93 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.5%. Meanwhile, in the last 24 hours, the rate has changed by 0.25%, which means that the highest exchange rate of 1 SOMM to MSOL was 0.00000354 MSOL and the lowest 24 hour value was 1 SOMM for 0.000003473 MSOL. Last month, 1 SOMM was worth 0.000003643 MSOL. Today, it's down 3.86%. Looking back a year, Sommelier has changed by 0.000004857 MSOL. That means that in a single year, the value of Sommelier has shrank by 38.45%.
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.
Marinade Staked SOL Market Stats
mSOL tokens represent SOL tokens staked using the Marinade.Finance liquid staking protocol. Marinade.Finance users receive mSOL tokens that accrue staking rewards upon staking SOL tokens. Since mSOL tokens are liquid, they can be used to participate in DeFi across the Solana ecosystem.
Conversion tables
SOMM to MSOL values from Today at 11:39 pm
0.5 SOMM = 0.000001754 MSOL |
1 SOMM = 0.000003508 MSOL |
5 SOMM = 0.00001754 MSOL |
10 SOMM = 0.00003508 MSOL |
50 SOMM = 0.0001754 MSOL |
100 SOMM = 0.0003508 MSOL |
500 SOMM = 0.001754 MSOL |
1,000 SOMM = 0.003508 MSOL |
MSOL to SOMM values from Today at 11:42 pm
0.5 MSOL = 142,533.73 SOMM |
1 MSOL = 285,067.46 SOMM |
5 MSOL = 1,425,337.29 SOMM |
10 MSOL = 2,850,674.59 SOMM |
50 MSOL = 14,253,372.93 SOMM |
100 MSOL = 28,506,745.87 SOMM |
500 MSOL = 142,533,729.33 SOMM |
1,000 MSOL = 285,067,458.67 SOMM |
SOMM to MSOL over time
SOMM | Today | 24H -0.25% | 1M -3.86% | 1Y -38.45% |
|---|---|---|---|---|
0.5 SOMM | 0.000001754 MSOL | 0.000001758 MSOL | 0.000001822 MSOL | 0.000002428 MSOL |
1 SOMM | 0.000003508 MSOL | 0.000003517 MSOL | 0.000003643 MSOL | 0.000004857 MSOL |
5 SOMM | 0.00001754 MSOL | 0.00001758 MSOL | 0.00001822 MSOL | 0.00002428 MSOL |
10 SOMM | 0.00003508 MSOL | 0.00003517 MSOL | 0.00003643 MSOL | 0.00004857 MSOL |
50 SOMM | 0.0001754 MSOL | 0.0001758 MSOL | 0.0001822 MSOL | 0.0002428 MSOL |
100 SOMM | 0.0003508 MSOL | 0.0003517 MSOL | 0.0003643 MSOL | 0.0004857 MSOL |
500 SOMM | 0.001754 MSOL | 0.001758 MSOL | 0.001822 MSOL | 0.002428 MSOL |
1,000 SOMM | 0.003508 MSOL | 0.003517 MSOL | 0.003643 MSOL | 0.004857 MSOL |
Frequently asked questions
Right now, 1 Sommelier is worth about CA$0.0005091.
Based on the current rate, you could get 1,964.28 SOMM for 1 CAD.
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 CAD calculator at the top of this page to convert any amount of SOMM to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 9,821.40 SOMM. Inversely, 5 SOMM will cost about CA$0.002545
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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