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About PNP and RAY
Penpie is climbing, while Raydium is falling this week. The current PNP to RAY conversion rate is 0.1643. Inversely, this means that if you convert 1 RAY you will get 6.08 PNP. The conversion rate of PNP/RAY has decreased by 0.96% in the last hour (RAY/PNP increased by 0.96%). In the last 24 hours, PNP/RAY grew by 10.26%, while RAY/PNP shrunk by the same amount.
The exchange rate of Penpie is increasing. The current value of 1 PNP is 0.1643 RAY. In other words, to buy 5 Penpie, it would cost you 0.8217 RAY. Inversely, 1 RAY would allow you to trade for 6.08 PNP while 50 RAY would convert to 304.23 PNP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 4.92%. Meanwhile, in the last 24 hours, the rate has changed by 10.18%, and that the highest exchange rate of 1 PNP to RAY was 0.1691 RAY and the lowest 24 hour value was 1 PNP for 0.1476 RAY. Last month, 1 PNP was worth 0.2714 RAY. Today, it's down 65.12%. Looking back a year, Penpie has changed by 0.9724 RAY. That means that in a single year, the value of Penpie has shrank by 491.69%.
Penpie Market Stats
What is the project about? Penpie is a next-generation DeFi platform built by Magpie to provide Pendle Finance users with yield and veTokenomics boosting services. Integrated with Pendle Finance, Penpie focuses on locking PENDLE tokens to obtain governance rights and enhanced yield benefits within Pendle Finance. Penpie revolutionizes the way users can maximize returns on their investments and monetize their governance power. What makes your project unique? Penpie gives PENDLE holders the chance to earn high APR by converting their tokens into mPENDLE. By leveraging the power of Pendle Finance's veTokenomics model, Penpie offers users the opportunity to earn more PENDLE rewards with their PENDLE tokens. Penpie has created mPENDLE, a Penpie version of the PENDLE token, which allows users to earn a large share of PENDLE rewards while enjoying increased flexibility through Penpie. This mechanism gives PENDLE holders the chance to earn high APR% by converting their tokens into mPENDLE at a 1:1 ratio. What can your token be used for? PNP is the governance and revenue-sharing token of Penpie. Users can lock their PNP tokens on Penpie to receive vlPNP at a 1:1 ratio. vlPNP is the locked version of the PNP token.
Raydium Market Stats
RAY is the native utility token for Raydium, an automated market maker (AMM) and decentralized exchange built on the Solana blockchain. Holders can stake RAY to earn a portion of protocol fees, participate in initial DEX offerings (IDOs), and vote on governance proposals regarding the platform’s development.
Conversion tables
PNP to RAY values from Today at 1:16 pm
0.5 PNP = 0.08217 RAY |
1 PNP = 0.1643 RAY |
5 PNP = 0.8217 RAY |
10 PNP = 1.64 RAY |
50 PNP = 8.22 RAY |
100 PNP = 16.43 RAY |
500 PNP = 82.17 RAY |
1,000 PNP = 164.35 RAY |
RAY to PNP values from Today at 1:18 pm
0.5 RAY = 3.04 PNP |
1 RAY = 6.08 PNP |
5 RAY = 30.42 PNP |
10 RAY = 60.85 PNP |
50 RAY = 304.23 PNP |
100 RAY = 608.47 PNP |
500 RAY = 3,042.34 PNP |
1,000 RAY = 6,084.68 PNP |
PNP to RAY over time
PNP | Today | 24H 10.18% | 1M -65.12% | 1Y -491.69% |
|---|---|---|---|---|
0.5 PNP | 0.08217 RAY | 0.07381 RAY | 0.1357 RAY | 0.4862 RAY |
1 PNP | 0.1643 RAY | 0.1476 RAY | 0.2714 RAY | 0.9724 RAY |
5 PNP | 0.8217 RAY | 0.7381 RAY | 1.36 RAY | 4.86 RAY |
10 PNP | 1.64 RAY | 1.48 RAY | 2.71 RAY | 9.72 RAY |
50 PNP | 8.22 RAY | 7.38 RAY | 13.57 RAY | 48.62 RAY |
100 PNP | 16.43 RAY | 14.76 RAY | 27.14 RAY | 97.24 RAY |
500 PNP | 82.17 RAY | 73.81 RAY | 135.68 RAY | 486.21 RAY |
1,000 PNP | 164.35 RAY | 147.62 RAY | 271.37 RAY | 972.42 RAY |
Frequently asked questions
Right now, 1 Penpie is worth about $0.2703.
Based on the current rate, you could get 3.70 PNP for 1 USD.
Penpie price has been declining. Since yesterday, the exchange rate of Penpie has decreased. Since last month, the exchange rate of Penpie has increased. Since this time last year, the price of Penpie has decreased.
You can use our PNP to USD calculator at the top of this page to convert any amount of PNP to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 18.50 PNP. Inversely, 5 PNP will cost about $1.35
Penpie can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Penpie.
There are a number of crypto assets that have the a similar or comparable market cap to Penpie, including VanEck Rare Earth and Strategic Metals Tokenized ETF (Ondo), Mezo, and CaptainBNB. For a more robust list of assets to explore, jump to the asset page dedicated to Penpie.
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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.