Convert SmarDex SDEX to Indigo Protocol INDY
SDEX to INDY: 1 SmarDex converts to 0.004291 INDY
About SDEX and INDY
SmarDex is falling, while Indigo Protocol is climbing this week. The current SDEX to INDY conversion rate is 0.004291. Inversely, this means that if you convert 1 INDY you will get 233.03 SDEX. The conversion rate of SDEX/INDY has decreased by 0.49% in the last hour (INDY/SDEX increased by 0.49%). In the last 24 hours, SDEX/INDY shrunk by 7.6%, while INDY/SDEX grew by the same amount.
The exchange rate of SmarDex is decreasing. The current value of 1 SDEX is 0.004291 INDY. In other words, to buy 5 SmarDex, it would cost you 0.021456 INDY. Inversely, 1 INDY would allow you to trade for 233.03 SDEX while 50 INDY would convert to 11,651.51 SDEX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.85%. Meanwhile, in the last 24 hours, the rate has changed by 6.68%, and that the highest exchange rate of 1 SDEX to INDY was 0.004695 INDY and the lowest 24 hour value was 1 SDEX for 0.00424 INDY. Last month, 1 SDEX was worth 0.004702 INDY. Today, it's down 9.57%. Looking back a year, SmarDex has changed by 0.003201 INDY. That means that in a single year, the value of SmarDex has grown by 25.42%.
SmarDex Market Stats
SDEX is the token from the first DEX on the planet to fix Impermanent Loss. It is explained in a scientific paper here:
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
SDEX to INDY values from Today at 6:39 am
0.5 SDEX = 0.002146 INDY |
1 SDEX = 0.004291 INDY |
5 SDEX = 0.02146 INDY |
10 SDEX = 0.04291 INDY |
50 SDEX = 0.2146 INDY |
100 SDEX = 0.4291 INDY |
500 SDEX = 2.15 INDY |
1,000 SDEX = 4.29 INDY |
INDY to SDEX values from Today at 6:41 am
0.5 INDY = 116.52 SDEX |
1 INDY = 233.03 SDEX |
5 INDY = 1,165.15 SDEX |
10 INDY = 2,330.30 SDEX |
50 INDY = 11,651.51 SDEX |
100 INDY = 23,303.01 SDEX |
500 INDY = 116,515.06 SDEX |
1,000 INDY = 233,030.12 SDEX |
SDEX to INDY over time
SDEX | Today | 24H -6.68% | 1M -9.57% | 1Y 25.42% |
|---|---|---|---|---|
0.5 SDEX | 0.002146 INDY | 0.002289 INDY | 0.002351 INDY | 0.0016 INDY |
1 SDEX | 0.004291 INDY | 0.004578 INDY | 0.004702 INDY | 0.003201 INDY |
5 SDEX | 0.02146 INDY | 0.02289 INDY | 0.02351 INDY | 0.016 INDY |
10 SDEX | 0.04291 INDY | 0.04578 INDY | 0.04702 INDY | 0.03201 INDY |
50 SDEX | 0.2146 INDY | 0.2289 INDY | 0.2351 INDY | 0.16 INDY |
100 SDEX | 0.4291 INDY | 0.4578 INDY | 0.4702 INDY | 0.3201 INDY |
500 SDEX | 2.15 INDY | 2.29 INDY | 2.35 INDY | 1.60 INDY |
1,000 SDEX | 4.29 INDY | 4.58 INDY | 4.70 INDY | 3.20 INDY |
Frequently asked questions
Right now, 1 SmarDex is worth about $0.0004389.
Based on the current rate, you could get 2,278.54 SDEX for 1 USD.
SmarDex price has been on the rise. Since yesterday, the exchange rate of SmarDex has increased. Since last month, the exchange rate of SmarDex has decreased. Since this time last year, the price of SmarDex has decreased.
You can use our SDEX to USD calculator at the top of this page to convert any amount of SDEX to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 11,392.71 SDEX. Inversely, 5 SDEX will cost about $0.002194
SmarDex can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy SmarDex.
There are a number of crypto assets that have the a similar or comparable market cap to SmarDex, including DOWGE, Pups (Bitcoin), and Bytecoin. For a more robust list of assets to explore, jump to the asset page dedicated to SmarDex.
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