Convert Sommelier SOMM to Moldovan Leu MDL

SOMM to MDL: 1 Sommelier converts to MDL 0.004223 MDL as of October 22 at 8:41 PM

MDL
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About Sommelier

Sommelier is falling this week. The current price of Sommelier is MDL 0.004223 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of MDL 1,582,769.77. The amount of Sommelier traded has risen by MDL 3,865.06 in the last 24 hours, which is a 96.59% increase. Additionally, in the last day, MDL 4,001.38 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is MDL 0.004223 MDL. In other words, to buy 5 Sommelier, it would cost you MDL 0.021115 MDL. Inversely, MDL 1.00 MDL would allow you to trade for 236.80 SOMM while MDL 50.00 MDL would convert to 11,839.83 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 29.63%. Meanwhile, in the last 24 hours, the rate has changed by 3.31%, and that the highest exchange rate of 1 SOMM to MDL was MDL 0.005403 MDL and the lowest 24 hour value was 1 SOMM for MDL 0.003763 MDL. Last month, 1 SOMM was worth MDL 0.008349 MDL. Today, it's down 50.41%. Looking back a year, Sommelier has changed by MDL 0.0289 MDL. That means that in a single year, the value of Sommelier has shrank by 86.12%.

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 0.004223Price
MDL 1.58MMarket cap
MDL 4KVolume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to MDL values from Today at 8:41 pm

0.5 SOMM = MDL 0.002112 MDL
1 SOMM = MDL 0.004223 MDL
5 SOMM = MDL 0.02112 MDL
10 SOMM = MDL 0.04223 MDL
50 SOMM = MDL 0.2112 MDL
100 SOMM = MDL 0.4223 MDL
500 SOMM = MDL 2.11 MDL
1,000 SOMM = MDL 4.22 MDL

MDL to SOMM values from Today at

MDL 0.50 MDL = 118.40 SOMM
MDL 1.00 MDL = 236.80 SOMM
MDL 5.00 MDL = 1,183.98 SOMM
MDL 10.00 MDL = 2,367.97 SOMM
MDL 50.00 MDL = 11,839.83 SOMM
MDL 100.00 MDL = 23,679.66 SOMM
MDL 500.00 MDL = 118,398.30 SOMM
MDL 1,000.00 MDL = 236,796.59 SOMM

SOMM to MDL over time

SOMM
Today
24H
-3.90%
1M
-97.70%
1Y
-584.40%
0.5 SOMM
MDL 0.002112 MDL
MDL 0.002194 MDL
MDL 0.004175 MDL
MDL 0.01445 MDL
1 SOMM
MDL 0.004223 MDL
MDL 0.004388 MDL
MDL 0.008349 MDL
MDL 0.0289 MDL
5 SOMM
MDL 0.02112 MDL
MDL 0.02194 MDL
MDL 0.04175 MDL
MDL 0.1445 MDL
10 SOMM
MDL 0.04223 MDL
MDL 0.04388 MDL
MDL 0.08349 MDL
MDL 0.289 MDL
50 SOMM
MDL 0.2112 MDL
MDL 0.2194 MDL
MDL 0.4175 MDL
MDL 1.45 MDL
100 SOMM
MDL 0.4223 MDL
MDL 0.4388 MDL
MDL 0.8349 MDL
MDL 2.89 MDL
500 SOMM
MDL 2.11 MDL
MDL 2.19 MDL
MDL 4.17 MDL
MDL 14.45 MDL
1,000 SOMM
MDL 4.22 MDL
MDL 4.39 MDL
MDL 8.35 MDL
MDL 28.90 MDL

Frequently asked questions

Right now, 1 Sommelier is worth about MDL 0.004223.
Based on the current rate, you could get 236.80 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 1,183.98 SOMM. Inversely, 5 SOMM will cost about MDL 0.02112
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 Zen AI, LOULOU, and UNION Protocol Governance Token. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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