Convert Raydium RAY to Backed IBTA $ Treasury Bond 1-3yr BIBTA

RAY to BIBTA: 1 Raydium converts to 0.09612 BIBTA

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About RAY and BIBTA

Raydium is climbing, while Backed IBTA $ Treasury Bond 1-3yr is falling this week. The current RAY to BIBTA conversion rate is 0.09612. Inversely, this means that if you convert 1 BIBTA you will get 10.40 RAY. The conversion rate of RAY/BIBTA has decreased by 0.22% in the last hour (BIBTA/RAY increased by 0.22%). In the last 24 hours, RAY/BIBTA grew by 2.34%, while BIBTA/RAY shrunk by the same amount.

The exchange rate of Raydium is increasing. The current value of 1 RAY is 0.09612 BIBTA. In other words, to buy 5 Raydium, it would cost you 0.48062 BIBTA. Inversely, 1 BIBTA would allow you to trade for 10.40 RAY while 50 BIBTA would convert to 520.16 RAY, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 25.66%. Meanwhile, in the last 24 hours, the rate has changed by 2.29%, and that the highest exchange rate of 1 RAY to BIBTA was 0.09644 BIBTA and the lowest 24 hour value was 1 RAY for 0.08983 BIBTA. Last month, 1 RAY was worth 0.1327 BIBTA. Today, it's down 38.04%. Looking back a year, Raydium has changed by 0.3937 BIBTA. That means that in a single year, the value of Raydium has shrank by 309.62%.

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.

$0.5703Price
$153.23MMarket cap
$22.28MVolume (24h)
269M RAYCir. Supply

Backed IBTA $ Treasury Bond 1-3yr Market Stats

What is the project about? Backed brings real-world assets (RWAs) such as stocks or ETFs to blockchain rails. For example, our product bIBTA tracks the iShares $ Treasury Bond 1-3yr UCITS ETF, aiming to reflect an index of USD bonds by the US Treasury with 1-3yr maturities. What makes your project unique? Backed issues permissionless tokens (bTokens) that represent ownership of structured products. Backed tokens are 1:1 backed by the underlying assets, held by Swiss third-party custodians, and are bankruptcy remote book-entry securities. History of your project. Backed was incorporated in 2021 in Switzerland due to the regulatory clarity the Swiss DLT Act provided to the project. Backed released its first tokenized product on Ethereum in early Q1 2023. Backed now supports issuance and redemption on many different blockchains. What’s next for your project? Backed is working to create the standard for tokenization with a network of protocols benefitting from RWAs on-chain. What can your token be used for? Backed enables clients to access sustainable, low-risk yields while keeping their funds entirely on-chain. There is no need to go through TradFi onboarding processes or off-ramp crypto to fiat. bTokens are utilized by the likes of Gnosis, Angle Protocol, Ribbon Finance, Aragon, and Blueberry to name a few. Disclaimer: Backed Finance AG and its subsidiary Backed Assets GmbH are not affiliates of or licensed by BlackRock Inc, BlackRock Fund Advisors and any of its affiliates ("BlackRock"). BlackRock is not responsible in any way to bIB01 products. Backed DOES NOT sell its tokens to U.S. Persons or for the account or benefit of U.S. Persons, and tokens are not marketed, offered, or solicited in the U.S. or in any other prohibited jurisdiction. For a full list of prohibited and restricted countries and review of legal documentation, please visit (edited)

$5.93Price
$1.27MMarket cap
$582.38Volume (24h)
214K BIBTACir. Supply

Conversion tables

RAY to BIBTA values from Today at 3:26 am

0.5 RAY = 0.04806 BIBTA
1 RAY = 0.09612 BIBTA
5 RAY = 0.4806 BIBTA
10 RAY = 0.9612 BIBTA
50 RAY = 4.81 BIBTA
100 RAY = 9.61 BIBTA
500 RAY = 48.06 BIBTA
1,000 RAY = 96.12 BIBTA

BIBTA to RAY values from Today at 3:26 am

0.5 BIBTA = 5.20 RAY
1 BIBTA = 10.40 RAY
5 BIBTA = 52.02 RAY
10 BIBTA = 104.03 RAY
50 BIBTA = 520.16 RAY
100 BIBTA = 1,040.33 RAY
500 BIBTA = 5,201.65 RAY
1,000 BIBTA = 10,403.30 RAY

RAY to BIBTA over time

RAY
Today
24H
2.29%
1M
-38.04%
1Y
-309.62%
0.5 RAY
0.04806 BIBTA
0.04696 BIBTA
0.06635 BIBTA
0.1969 BIBTA
1 RAY
0.09612 BIBTA
0.09392 BIBTA
0.1327 BIBTA
0.3937 BIBTA
5 RAY
0.4806 BIBTA
0.4696 BIBTA
0.6635 BIBTA
1.97 BIBTA
10 RAY
0.9612 BIBTA
0.9392 BIBTA
1.33 BIBTA
3.94 BIBTA
50 RAY
4.81 BIBTA
4.70 BIBTA
6.63 BIBTA
19.69 BIBTA
100 RAY
9.61 BIBTA
9.39 BIBTA
13.27 BIBTA
39.37 BIBTA
500 RAY
48.06 BIBTA
46.96 BIBTA
66.35 BIBTA
196.87 BIBTA
1,000 RAY
96.12 BIBTA
93.92 BIBTA
132.69 BIBTA
393.74 BIBTA

Frequently asked questions

Right now, 1 Raydium is worth about $0.5703.

Based on the current rate, you could get 1.75 RAY for 1 USD.

Raydium price has been on the rise. Since yesterday, the exchange rate of Raydium has increased. Since last month, the exchange rate of Raydium has decreased. Since this time last year, the price of Raydium has decreased.

You can use our RAY to USD calculator at the top of this page to convert any amount of RAY to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 8.77 RAY. Inversely, 5 RAY will cost about $2.85

Raydium is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Raydium.

There are a number of crypto assets that have the a similar or comparable market cap to Raydium, including The Sandbox, Trust Wallet Token, and dogwifhat. For a more robust list of assets to explore, jump to the asset page dedicated to Raydium.

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