Convert Paxos Standard PAX to Indigo Protocol INDY
1 PAX converts to 9.46 INDY
Earn up to $2,000 when you buy $50 in crypto¹
Restrictions apply, see full terms.
Restrictions apply, see full terms.
About PAX and INDY
Paxos Standard is climbing, while Indigo Protocol is falling this week. The current PAX to INDY conversion rate is 9.46. Inversely, this means that if you convert 1 INDY you will get 0.1057 PAX. The conversion rate of PAX/INDY has decreased by 0.07% in the last hour (INDY/PAX increased by 0.07%). In the last 24 hours, PAX/INDY grew by 6.64%, while INDY/PAX shrunk by the same amount.
The exchange rate of Paxos Standard is increasing. The current value of 1 PAX is 9.46 INDY. In other words, to buy 5 Paxos Standard, it would cost you 47.30 INDY. Inversely, 1 INDY would allow you to trade for 0.1057 PAX while 50 INDY would convert to 5.29 PAX, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.61%. Meanwhile, in the last 24 hours, the rate has changed by 6.69%, which means that the highest exchange rate of 1 PAX to INDY was 9.49 INDY and the lowest 24 hour value was 1 PAX for 8.80 INDY. Last month, 1 PAX was worth 6.90 INDY. Today, it's up 27.06%. Looking back a year, Paxos Standard has changed by 1.01 INDY. That means that in a single year, the value of Paxos Standard has grown by 89.34%.
Paxos Standard Market Stats
The Paxos Standard Token is a stablecoin running on Ethereum. For stablecoins like PAX, the company behind the protocol is responsible for holding reserves that fully back each token. The company behind PAX, Paxos Trust Company, claims to hold reserves that fully back each PAX.
Indigo Protocol Market Stats
What is Indigo Protocol? Indigo is an autonomous synthetics protocol for on-chain price exposure to real-world assets, built on Cardano, and has brought the first Native Stablecoin to the Cardano ecosystem, iUSD. How does Indigo work? Indigo allows anyone to create synthetic assets, known as iAssets. iAssets can be created using currencies such as stablecoins and ADA. They have the same price effect as holding the asset being replicated. This allows you to gain profit from the increase in price of an asset without owning the original asset itself. What are Synthetic Assets? Synthetic Assets give users exposure to a variety of assets without the need to actually own the underlying asset. These assets can be anything that has value in the real world. With its transparency, efficiency, low barriers to entry, and decentralized traits, the Blockchain can smoothly deliver all these assets to anyone with access to the Internet. The INDY governance token comes from its use in the Indigo DAO voting process. The total supply of INDY will be 35M tokens with a 6-decimal precision. The max supply of INDY will be distributed to protocol users, stakers, and LPs over the course of four years. We believe in a fair distribution of the INDY tokens to the early adopters of the protocol, therefore there will be NO community pre-sale via ICO/ISO/ISPO. What is the Indigo DAO? Indigo is a decentralized community-led project. The Indigo DAO owns the Indigo Protocol, including the application, website, and all intellectual property. A DAO (decentralized autonomous organization) is like a company, but instead of being incorporated in a country is established in a blockchain. You, the Indigo community, control the decisions for the Indigo DAO. You can cast your votes using the INDY token. A forum has been established to help facilitate community votes. All Indigo community members are encouraged to join the forum to propose, discuss and vote on ideas to guide Indigo’s future direction.
Conversion tables
PAX to INDY values from Today at 6:41 pm
0.5 PAX = 4.73 INDY |
1 PAX = 9.46 INDY |
5 PAX = 47.30 INDY |
10 PAX = 94.60 INDY |
50 PAX = 472.98 INDY |
100 PAX = 945.96 INDY |
500 PAX = 4,729.81 INDY |
1,000 PAX = 9,459.62 INDY |
INDY to PAX values from Today at 6:39 pm
0.5 INDY = 0.05286 PAX |
1 INDY = 0.1057 PAX |
5 INDY = 0.5286 PAX |
10 INDY = 1.06 PAX |
50 INDY = 5.29 PAX |
100 INDY = 10.57 PAX |
500 INDY = 52.86 PAX |
1,000 INDY = 105.71 PAX |
PAX to INDY over time
PAX | Today | 24H 6.69% | 1M 27.06% | 1Y 89.34% |
|---|---|---|---|---|
0.5 PAX | 4.73 INDY | 4.41 INDY | 3.45 INDY | 0.5043 INDY |
1 PAX | 9.46 INDY | 8.83 INDY | 6.90 INDY | 1.01 INDY |
5 PAX | 47.30 INDY | 44.13 INDY | 34.50 INDY | 5.04 INDY |
10 PAX | 94.60 INDY | 88.26 INDY | 69.00 INDY | 10.09 INDY |
50 PAX | 472.98 INDY | 441.32 INDY | 345.00 INDY | 50.43 INDY |
100 PAX | 945.96 INDY | 882.65 INDY | 689.99 INDY | 100.87 INDY |
500 PAX | 4,729.81 INDY | 4,413.23 INDY | 3,449.97 INDY | 504.34 INDY |
1,000 PAX | 9,459.62 INDY | 8,826.46 INDY | 6,899.95 INDY | 1,008.67 INDY |
Frequently asked questions
Right now, 1 Paxos Standard is worth about $0.9982.
Based on the current rate, you could get 1.00 PAX for 1 USD.
Paxos Standard price has been on the rise. Since yesterday, the exchange rate of Paxos Standard has increased. Since last month, the exchange rate of Paxos Standard has decreased. Since this time last year, the price of Paxos Standard has increased.
You can use our PAX to USD calculator at the top of this page to convert any amount of PAX to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5.01 PAX. Inversely, 5 PAX will cost about $4.99
Paxos Standard is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Paxos Standard.
There are a number of crypto assets that have the a similar or comparable market cap to Paxos Standard, including Swarm Network, Liquity BOLD, and BSquared Network. For a more robust list of assets to explore, jump to the asset page dedicated to Paxos Standard.
Buy Paxos Standard with Coinbase
Create a Coinbase account to buy and sell Paxos Standard on the most secure crypto exchange.
Related conversions
Learn how to buy popular cryptocurrencies
Discover other cryptocurrencies to currency conversions
Discover other cryptocurrency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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.