Convert Macedonian Denar MKD to Sommelier SOMM

MKD to SOMM: 1 Macedonian Denar converts to 52.88 SOMM

MKD
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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is MKD 0.01891 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of MKD 7,087,309.44. The amount of Sommelier traded has risen by MKD 1,700,664.61 in the last 24 hours, which is a 52,560.61% increase. Additionally, in the last day, MKD 3,235.63 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is MKD 0.01891 MKD. In other words, to buy 5 Sommelier, it would cost you MKD 0.09455 MKD. Inversely, MKD 1.00 MKD would allow you to trade for 52.88 SOMM while MKD 50.00 MKD would convert to 2,644.14 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 4.1%. Meanwhile, in the last 24 hours, the rate has changed by 7.33%, and that the highest exchange rate of 1 SOMM to MKD was MKD 0.01956 MKD and the lowest 24 hour value was 1 SOMM for MKD 0.01739 MKD. Last month, 1 SOMM was worth MKD 0.01842 MKD. Today, it's up 2.18%. Looking back a year, Sommelier has changed by MKD 0.07573 MKD. That means that in a single year, the value of Sommelier has shrank by 75.65%.

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 0.01891Price
MKD 7.09MMarket cap
MKD 3.24KVolume (24h)
374.8M SOMMCir. Supply

Conversion tables

MKD to SOMM values from Today at

MKD 0.50 MKD = 26.44 SOMM
MKD 1.00 MKD = 52.88 SOMM
MKD 5.00 MKD = 264.41 SOMM
MKD 10.00 MKD = 528.83 SOMM
MKD 50.00 MKD = 2,644.14 SOMM
MKD 100.00 MKD = 5,288.28 SOMM
MKD 500.00 MKD = 26,441.40 SOMM
MKD 1,000.00 MKD = 52,882.80 SOMM

SOMM to MKD values from Today at 2:09 am

0.5 SOMM = MKD 0.009455 MKD
1 SOMM = MKD 0.01891 MKD
5 SOMM = MKD 0.09455 MKD
10 SOMM = MKD 0.1891 MKD
50 SOMM = MKD 0.9455 MKD
100 SOMM = MKD 1.89 MKD
500 SOMM = MKD 9.45 MKD
1,000 SOMM = MKD 18.91 MKD

MKD to SOMM over time

MKD
Today
24H
-5,751.65%
1M
-5,427.64%
1Y
-1,320.44%
0.5 MKD
26.44 SOMM
28.76 SOMM
27.14 SOMM
6.60 SOMM
1 MKD
52.88 SOMM
57.52 SOMM
54.28 SOMM
13.20 SOMM
5 MKD
264.41 SOMM
287.58 SOMM
271.38 SOMM
66.02 SOMM
10 MKD
528.83 SOMM
575.16 SOMM
542.76 SOMM
132.04 SOMM
50 MKD
2,644.14 SOMM
2,875.82 SOMM
2,713.82 SOMM
660.22 SOMM
100 MKD
5,288.28 SOMM
5,751.65 SOMM
5,427.64 SOMM
1,320.44 SOMM
500 MKD
26,441.40 SOMM
28,758.23 SOMM
27,138.20 SOMM
6,602.22 SOMM
1,000 MKD
52,882.80 SOMM
57,516.47 SOMM
54,276.41 SOMM
13,204.44 SOMM

Frequently asked questions

Right now, 1 Sommelier is worth about MKD 0.01891.

Based on the current rate, you could get 52.88 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 increased. 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 264.41 SOMM. Inversely, 5 SOMM will cost about MKD 0.09455

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, Safuu, and Bullit. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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