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About RED and MATIC
Redstone is climbing, while Polygon is falling this week. The current RED to MATIC conversion rate is 1.05. Inversely, this means that if you convert 1 MATIC you will get 0.9526 RED. The conversion rate of RED/MATIC has increased by 0.11% in the last hour (MATIC/RED decreased by 0.11%). In the last 24 hours, RED/MATIC grew by 4.6%, while MATIC/RED shrunk by the same amount.
The exchange rate of Redstone is increasing. The current value of 1 RED is 1.05 MATIC. In other words, to buy 5 Redstone, it would cost you 5.25 MATIC. Inversely, 1 MATIC would allow you to trade for 0.9526 RED while 50 MATIC would convert to 47.63 RED, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.79%. Meanwhile, in the last 24 hours, the rate has changed by 3.87%, and that the highest exchange rate of 1 RED to MATIC was 1.09 MATIC and the lowest 24 hour value was 1 RED for 1.01 MATIC. Last month, 1 RED was worth 1.27 MATIC. Today, it's down 20.75%. Looking back a year, Redstone has changed by 1.62 MATIC. That means that in a single year, the value of Redstone has shrank by 54.36%.
Redstone Market Stats
Redstone is a modular blockchain oracle. Redstone’s native token, RED, can be staked by data providers, who supply data to RedStone’s modular oracle network, and by token holders, who enhance network security through direct staking in RedStone’s EigenLayer Actively Validated Service (AVS).
Polygon Market Stats
Polygon was formerly called Matic Network. Polygon (MATIC) is an Ethereum token that powers the Polygon Network, a scaling solution for Ethereum. Polygon aims to provide faster and cheaper transactions on Ethereum using Layer 2 sidechains, which are blockchains that run alongside the Ethereum main chain. Users can deposit Ethereum tokens to a Polygon smart contract, interact with them within Polygon, and then later withdraw them back to the Ethereum main chain. The MATIC token is used to pay transaction fees and participate in proof-of-stake consensus.
Conversion tables
RED to MATIC values from Today at 3:03 am
0.5 RED = 0.5249 MATIC |
1 RED = 1.05 MATIC |
5 RED = 5.25 MATIC |
10 RED = 10.50 MATIC |
50 RED = 52.49 MATIC |
100 RED = 104.98 MATIC |
500 RED = 524.88 MATIC |
1,000 RED = 1,049.76 MATIC |
MATIC to RED values from Today at 3:05 am
0.5 MATIC = 0.4763 RED |
1 MATIC = 0.9526 RED |
5 MATIC = 4.76 RED |
10 MATIC = 9.53 RED |
50 MATIC = 47.63 RED |
100 MATIC = 95.26 RED |
500 MATIC = 476.30 RED |
1,000 MATIC = 952.60 RED |
RED to MATIC over time
RED | Today | 24H 3.87% | 1M -20.75% | 1Y -54.36% |
|---|---|---|---|---|
0.5 RED | 0.5249 MATIC | 0.5046 MATIC | 0.6338 MATIC | 0.8102 MATIC |
1 RED | 1.05 MATIC | 1.01 MATIC | 1.27 MATIC | 1.62 MATIC |
5 RED | 5.25 MATIC | 5.05 MATIC | 6.34 MATIC | 8.10 MATIC |
10 RED | 10.50 MATIC | 10.09 MATIC | 12.68 MATIC | 16.20 MATIC |
50 RED | 52.49 MATIC | 50.46 MATIC | 63.38 MATIC | 81.02 MATIC |
100 RED | 104.98 MATIC | 100.91 MATIC | 126.75 MATIC | 162.04 MATIC |
500 RED | 524.88 MATIC | 504.56 MATIC | 633.77 MATIC | 810.21 MATIC |
1,000 RED | 1,049.76 MATIC | 1,009.13 MATIC | 1,267.55 MATIC | 1,620.41 MATIC |
Frequently asked questions
Right now, 1 Redstone is worth about $0.1095.
Based on the current rate, you could get 9.13 RED for 1 USD.
Redstone price has been on the rise. Since yesterday, the exchange rate of Redstone has increased. Since last month, the exchange rate of Redstone has increased. Since this time last year, the price of Redstone has decreased.
You can use our RED to USD calculator at the top of this page to convert any amount of RED to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 45.66 RED. Inversely, 5 RED will cost about $0.5475
Redstone is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Redstone.
There are a number of crypto assets that have the a similar or comparable market cap to Redstone, including Berachain, SushiSwap, and Concordium. For a more robust list of assets to explore, jump to the asset page dedicated to Redstone.
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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.