Convert Sommelier SOMM to Moldovan Leu MDL

SOMM to MDL: 1 Sommelier converts to MDL 0.004613 MDL as of October 22 at 6:38 AM

MDL
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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is MDL 0.004613 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of MDL 1,729,102.88. The amount of Sommelier traded has fallen by -MDL 923.10 in the last 24 hours, which is a 87.99% decrease. Additionally, in the last day, MDL 1,049.13 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is MDL 0.004613 MDL. In other words, to buy 5 Sommelier, it would cost you MDL 0.023067 MDL. Inversely, MDL 1.00 MDL would allow you to trade for 216.76 SOMM while MDL 50.00 MDL would convert to 10,837.90 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 16.38%. Meanwhile, in the last 24 hours, the rate has changed by 2.33%, and that the highest exchange rate of 1 SOMM to MDL was MDL 0.004656 MDL and the lowest 24 hour value was 1 SOMM for MDL 0.004337 MDL. Last month, 1 SOMM was worth MDL 0.008235 MDL. Today, it's down 46.6%. 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 85.29%.

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 0.004613Price
MDL 1.73MMarket cap
MDL 1.05KVolume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to MDL values from Today at 6:38 am

0.5 SOMM = MDL 0.002307 MDL
1 SOMM = MDL 0.004613 MDL
5 SOMM = MDL 0.02307 MDL
10 SOMM = MDL 0.04613 MDL
50 SOMM = MDL 0.2307 MDL
100 SOMM = MDL 0.4613 MDL
500 SOMM = MDL 2.31 MDL
1,000 SOMM = MDL 4.61 MDL

MDL to SOMM values from Today at

MDL 0.50 MDL = 108.38 SOMM
MDL 1.00 MDL = 216.76 SOMM
MDL 5.00 MDL = 1,083.79 SOMM
MDL 10.00 MDL = 2,167.58 SOMM
MDL 50.00 MDL = 10,837.90 SOMM
MDL 100.00 MDL = 21,675.79 SOMM
MDL 500.00 MDL = 108,378.96 SOMM
MDL 1,000.00 MDL = 216,757.92 SOMM

SOMM to MDL over time

SOMM
Today
24H
4.31%
1M
-78.51%
1Y
-526.48%
0.5 SOMM
MDL 0.002307 MDL
MDL 0.002207 MDL
MDL 0.004118 MDL
MDL 0.01445 MDL
1 SOMM
MDL 0.004613 MDL
MDL 0.004415 MDL
MDL 0.008235 MDL
MDL 0.0289 MDL
5 SOMM
MDL 0.02307 MDL
MDL 0.02207 MDL
MDL 0.04118 MDL
MDL 0.1445 MDL
10 SOMM
MDL 0.04613 MDL
MDL 0.04415 MDL
MDL 0.08235 MDL
MDL 0.289 MDL
50 SOMM
MDL 0.2307 MDL
MDL 0.2207 MDL
MDL 0.4118 MDL
MDL 1.45 MDL
100 SOMM
MDL 0.4613 MDL
MDL 0.4415 MDL
MDL 0.8235 MDL
MDL 2.89 MDL
500 SOMM
MDL 2.31 MDL
MDL 2.21 MDL
MDL 4.12 MDL
MDL 14.45 MDL
1,000 SOMM
MDL 4.61 MDL
MDL 4.41 MDL
MDL 8.24 MDL
MDL 28.90 MDL

Frequently asked questions

Right now, 1 Sommelier is worth about MDL 0.004613.
Based on the current rate, you could get 216.76 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 1,083.79 SOMM. Inversely, 5 SOMM will cost about MDL 0.02307
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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