About MATRIX and DAI
Matrix Labs is climbing, while Dai is falling this week. The current MATRIX to DAI conversion rate is 0.000361. Inversely, this means that if you convert 1 DAI you will get 2,770.16 MATRIX. The conversion rate of MATRIX/DAI has increased by 0.01% in the last hour (DAI/MATRIX decreased by 0.01%). In the last 24 hours, MATRIX/DAI grew by 0.02%, while DAI/MATRIX shrunk by the same amount.
The exchange rate of Matrix Labs is increasing. The current value of 1 MATRIX is 0.000361 DAI. In other words, to buy 5 Matrix Labs, it would cost you 0.001805 DAI. Inversely, 1 DAI would allow you to trade for 2,770.16 MATRIX while 50 DAI would convert to 138,507.76 MATRIX, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.03%. Meanwhile, in the last 24 hours, the rate has changed by 0.02%, which means that the highest exchange rate of 1 MATRIX to DAI was 0.0003612 DAI and the lowest 24 hour value was 1 MATRIX for 0.0003608 DAI. Last month, 1 MATRIX was worth 0.0004537 DAI. Today, it's down 25.68%. Looking back a year, Matrix Labs has changed by 0.0009189 DAI. That means that in a single year, the value of Matrix Labs has shrank by 154.54%.
Matrix Labs Market Stats
"Matrixswap is a fully decentralized virtual-AMM-based perpetual futures trading protocol and a DEX aggregator deployed on the Polygon, Polkadot and the Cardano blockchain. Unlike traditional AMMs, Matrixswap offers leveraged trades for assets with guaranteed on-chain liquidity. Matrixswap's DEX aggregator finds the best pricing for users when performing AMM spot trades and it allows traders execute single-to-multiple, multiple-to-single token swaps. Matrixswap's DEX aggregator also features an Emergency Nuke Button that allows users to convert all tokens into stable coin under one transaction."
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
MATRIX to DAI values from Today at 9:12 pm
0.5 MATRIX = 0.0001805 DAI |
1 MATRIX = 0.000361 DAI |
5 MATRIX = 0.001805 DAI |
10 MATRIX = 0.00361 DAI |
50 MATRIX = 0.01805 DAI |
100 MATRIX = 0.0361 DAI |
500 MATRIX = 0.1805 DAI |
1,000 MATRIX = 0.361 DAI |
DAI to MATRIX values from Today at 9:10 pm
0.5 DAI = 1,385.08 MATRIX |
1 DAI = 2,770.16 MATRIX |
5 DAI = 13,850.78 MATRIX |
10 DAI = 27,701.55 MATRIX |
50 DAI = 138,507.76 MATRIX |
100 DAI = 277,015.53 MATRIX |
500 DAI = 1,385,077.63 MATRIX |
1,000 DAI = 2,770,155.26 MATRIX |
MATRIX to DAI over time
MATRIX | Today | 24H 0.02% | 1M -25.68% | 1Y -154.54% |
|---|---|---|---|---|
0.5 MATRIX | 0.0001805 DAI | 0.0001805 DAI | 0.0002269 DAI | 0.0004594 DAI |
1 MATRIX | 0.000361 DAI | 0.0003609 DAI | 0.0004537 DAI | 0.0009189 DAI |
5 MATRIX | 0.001805 DAI | 0.001805 DAI | 0.002269 DAI | 0.004594 DAI |
10 MATRIX | 0.00361 DAI | 0.003609 DAI | 0.004537 DAI | 0.009189 DAI |
50 MATRIX | 0.01805 DAI | 0.01805 DAI | 0.02269 DAI | 0.04594 DAI |
100 MATRIX | 0.0361 DAI | 0.03609 DAI | 0.04537 DAI | 0.09189 DAI |
500 MATRIX | 0.1805 DAI | 0.1805 DAI | 0.2269 DAI | 0.4594 DAI |
1,000 MATRIX | 0.361 DAI | 0.3609 DAI | 0.4537 DAI | 0.9189 DAI |
Frequently asked questions
Right now, 1 Matrix Labs is worth about $0.0003608.
Based on the current rate, you could get 2,771.68 MATRIX for 1 USD.
You can use our MATRIX to USD calculator at the top of this page to convert any amount of MATRIX to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 13,858.42 MATRIX. Inversely, 5 MATRIX will cost about $0.001804
Matrix Labs can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Matrix Labs.
There are a number of crypto assets that have the a similar or comparable market cap to Matrix Labs, including , , and . For a more robust list of assets to explore, jump to the asset page dedicated to Matrix Labs.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.