Convert Matrix Labs MATRIX to Wrapped Bitcoin WBTC
MATRIX to WBTC: 1 Matrix Labs converts to 0.000000007472 WBTC
About MATRIX and WBTC
Matrix Labs is climbing, while Wrapped Bitcoin is falling this week. The current MATRIX to WBTC conversion rate is 0.000000007472. Inversely, this means that if you convert 1 WBTC you will get 133,836,580.71 MATRIX. The conversion rate of MATRIX/WBTC has increased by 0.25% in the last hour (WBTC/MATRIX decreased by 0.25%). In the last 24 hours, MATRIX/WBTC grew by 1.04%, while WBTC/MATRIX shrunk by the same amount.
The exchange rate of Matrix Labs is increasing. The current value of 1 MATRIX is 0.000000007472 WBTC. In other words, to buy 5 Matrix Labs, it would cost you 0.000000037359 WBTC. Inversely, 1 WBTC would allow you to trade for 133,836,580.71 MATRIX while 50 WBTC would convert to 6,691,829,035.64 MATRIX, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 17.42%. Meanwhile, in the last 24 hours, the rate has changed by 0.26%, which means that the highest exchange rate of 1 MATRIX to WBTC was 0.000000007676 WBTC and the lowest 24 hour value was 1 MATRIX for 0.000000007358 WBTC. Last month, 1 MATRIX was worth 0.000000005566 WBTC. Today, it's up 25.5%. Looking back a year, Matrix Labs has changed by 0.00000000669 WBTC. That means that in a single year, the value of Matrix Labs has grown by 10.46%.
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."
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
Conversion tables
MATRIX to WBTC values from Today at 2:07 pm
0.5 MATRIX = 0.000000003736 WBTC |
1 MATRIX = 0.000000007472 WBTC |
5 MATRIX = 0.00000003736 WBTC |
10 MATRIX = 0.00000007472 WBTC |
50 MATRIX = 0.0000003736 WBTC |
100 MATRIX = 0.0000007472 WBTC |
500 MATRIX = 0.000003736 WBTC |
1,000 MATRIX = 0.000007472 WBTC |
WBTC to MATRIX values from Today at 2:06 pm
0.5 WBTC = 66,918,290.36 MATRIX |
1 WBTC = 133,836,580.71 MATRIX |
5 WBTC = 669,182,903.56 MATRIX |
10 WBTC = 1,338,365,807.13 MATRIX |
50 WBTC = 6,691,829,035.64 MATRIX |
100 WBTC = 13,383,658,071.28 MATRIX |
500 WBTC = 66,918,290,356.41 MATRIX |
1,000 WBTC = 133,836,580,712.82 MATRIX |
MATRIX to WBTC over time
MATRIX | Today | 24H 0.26% | 1M 25.50% | 1Y 10.46% |
|---|---|---|---|---|
0.5 MATRIX | 0.000000003736 WBTC | 0.000000003726 WBTC | 0.000000002783 WBTC | 0.000000003345 WBTC |
1 MATRIX | 0.000000007472 WBTC | 0.000000007453 WBTC | 0.000000005566 WBTC | 0.00000000669 WBTC |
5 MATRIX | 0.00000003736 WBTC | 0.00000003726 WBTC | 0.00000002783 WBTC | 0.00000003345 WBTC |
10 MATRIX | 0.00000007472 WBTC | 0.00000007453 WBTC | 0.00000005566 WBTC | 0.0000000669 WBTC |
50 MATRIX | 0.0000003736 WBTC | 0.0000003726 WBTC | 0.0000002783 WBTC | 0.0000003345 WBTC |
100 MATRIX | 0.0000007472 WBTC | 0.0000007453 WBTC | 0.0000005566 WBTC | 0.000000669 WBTC |
500 MATRIX | 0.000003736 WBTC | 0.000003726 WBTC | 0.000002783 WBTC | 0.000003345 WBTC |
1,000 MATRIX | 0.000007472 WBTC | 0.000007453 WBTC | 0.000005566 WBTC | 0.00000669 WBTC |
Frequently asked questions
Right now, 1 Matrix Labs is worth about $0.0004535.
Based on the current rate, you could get 2,205.03 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 11,025.14 MATRIX. Inversely, 5 MATRIX will cost about $0.002268
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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