Convert Magma Staked Monad GMONAD to Dai DAI
GMONAD to DAI: 1 Magma Staked Monad converts to 0.02258 DAI
Magma Staked Monad (GMONAD) is not tradable on Coinbase.
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About GMONAD and DAI
Magma Staked Monad is falling, while Dai is climbing this week. The current GMONAD to DAI conversion rate is 0.02258. Inversely, this means that if you convert 1 DAI you will get 44.28 GMONAD. The conversion rate of GMONAD/DAI has decreased by 0.03% in the last hour (DAI/GMONAD increased by 0.03%). In the last 24 hours, GMONAD/DAI shrunk by 1.52%, while DAI/GMONAD grew by the same amount.
The exchange rate of Magma Staked Monad is decreasing. The current value of 1 GMONAD is 0.02258 DAI. In other words, to buy 5 Magma Staked Monad, it would cost you 0.11291 DAI. Inversely, 1 DAI would allow you to trade for 44.28 GMONAD while 50 DAI would convert to 2,214.21 GMONAD, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.1%. Meanwhile, in the last 24 hours, the rate has changed by 1.43%, and that the highest exchange rate of 1 GMONAD to DAI was 0.02301 DAI and the lowest 24 hour value was 1 GMONAD for 0.02217 DAI. Last month, 1 GMONAD was worth 0.01989 DAI. Today, it's up 11.93%. Looking back a year, Magma Staked Monad has changed by 0.00 DAI. That means that in a single year, the value of Magma Staked Monad has grown by 100%.
Magma Staked Monad Market Stats
Magma is a DAO-owned Liquid Staking platform for Monad. gMONAD is a derivative of MONAD that is staked on Magma, allowing users to stake their MONAD tokens and retain their liquidity. gMONAD holders will be able to tap into the liquidity of their MONAD tokens, and use gMONAD for DeFi activities on Monad. gMONAD can be used as collateral across dAPPS within the Monad ecosystem to buy, sell, trade, lend and borrow.
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
Conversion tables
GMONAD to DAI values from Today at 7:38 am
0.5 GMONAD = 0.01129 DAI |
1 GMONAD = 0.02258 DAI |
5 GMONAD = 0.1129 DAI |
10 GMONAD = 0.2258 DAI |
50 GMONAD = 1.13 DAI |
100 GMONAD = 2.26 DAI |
500 GMONAD = 11.29 DAI |
1,000 GMONAD = 22.58 DAI |
DAI to GMONAD values from Today at 7:36 am
0.5 DAI = 22.14 GMONAD |
1 DAI = 44.28 GMONAD |
5 DAI = 221.42 GMONAD |
10 DAI = 442.84 GMONAD |
50 DAI = 2,214.21 GMONAD |
100 DAI = 4,428.43 GMONAD |
500 DAI = 22,142.15 GMONAD |
1,000 DAI = 44,284.29 GMONAD |
GMONAD to DAI over time
GMONAD | Today | 24H -1.43% | 1M 11.93% | 1Y 100.00% |
|---|---|---|---|---|
0.5 GMONAD | 0.01129 DAI | 0.01145 DAI | 0.009943 DAI | 0.00 DAI |
1 GMONAD | 0.02258 DAI | 0.0229 DAI | 0.01989 DAI | 0.00 DAI |
5 GMONAD | 0.1129 DAI | 0.1145 DAI | 0.09943 DAI | 0.00 DAI |
10 GMONAD | 0.2258 DAI | 0.229 DAI | 0.1989 DAI | 0.00 DAI |
50 GMONAD | 1.13 DAI | 1.15 DAI | 0.9943 DAI | 0.00 DAI |
100 GMONAD | 2.26 DAI | 2.29 DAI | 1.99 DAI | 0.00 DAI |
500 GMONAD | 11.29 DAI | 11.45 DAI | 9.94 DAI | 0.00 DAI |
1,000 GMONAD | 22.58 DAI | 22.90 DAI | 19.89 DAI | 0.00 DAI |
Frequently asked questions
Right now, 1 Magma Staked Monad is worth about $0.02257.
Based on the current rate, you could get 44.30 GMONAD for 1 USD.
Magma Staked Monad price has been declining. Since yesterday, the exchange rate of Magma Staked Monad has decreased. Since last month, the exchange rate of Magma Staked Monad has increased. Since this time last year, the price of Magma Staked Monad has increased.
You can use our GMONAD to USD calculator at the top of this page to convert any amount of GMONAD to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 221.51 GMONAD. Inversely, 5 GMONAD will cost about $0.1129
Magma Staked Monad is not currently available through Coinbase, but you can sign up to get the latest news on Magma Staked Monad and be notified when it is available.
There are a number of crypto assets that have the a similar or comparable market cap to Magma Staked Monad, including Santiment Network Token, BytomDAO, and Fusion. For a more robust list of assets to explore, jump to the asset page dedicated to Magma Staked Monad.
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