Convert Macedonian Denar MKD to Sommelier SOMM

MKD to SOMM: 1 Macedonian Denar converts to 81.58 SOMM

MKD
Buy Sommelier

About Sommelier

Sommelier is falling this week. The current price of Sommelier is MKD 0.01226 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of MKD 4,594,284.20. The amount of Sommelier traded has risen by MKD 14,933.84 in the last 24 hours, which is a 56.23% increase. Additionally, in the last day, MKD 26,557.99 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is MKD 0.01226 MKD. In other words, to buy 5 Sommelier, it would cost you MKD 0.06129 MKD. Inversely, MKD 1.00 MKD would allow you to trade for 81.58 SOMM while MKD 50.00 MKD would convert to 4,078.95 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 35.86%. Meanwhile, in the last 24 hours, the rate has changed by 24.11%, and that the highest exchange rate of 1 SOMM to MKD was MKD 0.01993 MKD and the lowest 24 hour value was 1 SOMM for MKD 0.01181 MKD. Last month, 1 SOMM was worth MKD 0.0195 MKD. Today, it's down 38.3%. Looking back a year, Sommelier has changed by MKD 0.1099 MKD. That means that in a single year, the value of Sommelier has shrank by 89.14%.

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 0.01226Price
MKD 4.59MMarket cap
MKD 26.56KVolume (24h)
374.8M SOMMCir. Supply

Conversion tables

MKD to SOMM values from Today at 2:23 pm

MKD 0.50 MKD = 40.79 SOMM
MKD 1.00 MKD = 81.58 SOMM
MKD 5.00 MKD = 407.89 SOMM
MKD 10.00 MKD = 815.79 SOMM
MKD 50.00 MKD = 4,078.95 SOMM
MKD 100.00 MKD = 8,157.89 SOMM
MKD 500.00 MKD = 40,789.46 SOMM
MKD 1,000.00 MKD = 81,578.92 SOMM

SOMM to MKD values from Today at 6:50 am

0.5 SOMM = MKD 0.006129 MKD
1 SOMM = MKD 0.01226 MKD
5 SOMM = MKD 0.06129 MKD
10 SOMM = MKD 0.1226 MKD
50 SOMM = MKD 0.6129 MKD
100 SOMM = MKD 1.23 MKD
500 SOMM = MKD 6.13 MKD
1,000 SOMM = MKD 12.26 MKD

MKD to SOMM over time

MKD
Today
24H
-2,144,215,986.21%
1M
-1,790,455,232.62%
1Y
-317,807,335.25%
0.5 MKD
40.79 SOMM
30.71 SOMM
25.64 SOMM
4.55 SOMM
1 MKD
81.58 SOMM
61.42 SOMM
51.28 SOMM
9.10 SOMM
5 MKD
407.89 SOMM
307.09 SOMM
256.42 SOMM
45.52 SOMM
10 MKD
815.79 SOMM
614.17 SOMM
512.85 SOMM
91.03 SOMM
50 MKD
4,078.95 SOMM
3,070.87 SOMM
2,564.23 SOMM
455.15 SOMM
100 MKD
8,157.89 SOMM
6,141.75 SOMM
5,128.46 SOMM
910.31 SOMM
500 MKD
40,789.46 SOMM
30,708.74 SOMM
25,642.30 SOMM
4,551.53 SOMM
1,000 MKD
81,578.92 SOMM
61,417.48 SOMM
51,284.60 SOMM
9,103.06 SOMM

Frequently asked questions

Right now, 1 Sommelier is worth about MKD 0.01226.
Based on the current rate, you could get 81.58 SOMM for 1 MKD.
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 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 407.89 SOMM. Inversely, 5 SOMM will cost about MKD 0.06129
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 Multiverse Capital, Sunny Side up, and Safuu. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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