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About SPA and XMD
Sperax is falling, while Metal Dollar is climbing this week. The current SPA to XMD conversion rate is 0.002444. Inversely, this means that if you convert 1 XMD you will get 409.10 SPA. The conversion rate of SPA/XMD has increased by 0.75% in the last hour (XMD/SPA decreased by 0.75%). In the last 24 hours, SPA/XMD shrunk by 0.2%, while XMD/SPA grew by 0.2%.
The exchange rate of Sperax is decreasing. The current value of 1 SPA is 0.002444 XMD. In other words, to buy 5 Sperax, it would cost you 0.012222 XMD. Inversely, 1 XMD would allow you to trade for 409.10 SPA while 50 XMD would convert to 20,455.13 SPA, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.49%. Meanwhile, in the last 24 hours, the rate has changed by 2.13%, and that the highest exchange rate of 1 SPA to XMD was 0.002546 XMD and the lowest 24 hour value was 1 SPA for 0.002434 XMD. Last month, 1 SPA was worth 0.002806 XMD. Today, it's down 12.89%. Looking back a year, Sperax has changed by 0.01019 XMD. That means that in a single year, the value of Sperax has shrank by 76%.
Sperax Market Stats
SPA is the governance token of the Sperax ecosystem. Sperax is a DeFi protocol built on Arbitrum that mints Sperax USD - a stablecoin featuring ‘auto-yield’ generation. SPA tokens must be staked in order to participate in the Sperax DAO. Sperax ecosystem is governed by community of SPA stakers or veSPA holders, who make up Sperax DAO.
Metal Dollar Market Stats
What is the project about? The Metal Dollar (XMD) represents an innovative approach to stablecoins, operating on the Proton Blockchain. Its design brings increased stability, transparency, and efficiency to digital transactions. Uniquely, XMD is backed by an array of established, non-algorithmic bank reserve-backed stablecoins, including USDC, USDT, and PAX, a method intended to mitigate risks associated with single-issuer or algorithmic stablecoins and enhance stability. What makes your project unique? The Metal Dollar distinguishes itself from traditional stablecoins by pegging its value to a selection of established stablecoins, providing an innovative approach to stability and governance. It utilizes the Proton Blockchain's features to enable secure, efficient transactions with swift confirmation times, high throughput, and low fees. The project is also characterized by a decentralized governance model supported by the Metal DAO (XMT) token. XMT token holders can propose and vote on crucial decisions concerning the Metal Dollar protocol, facilitating a democratic and inclusive management over the protocol's direction. History of your project. The Metal Dollar project came into existence in 2022 as a response to the growing demand for stability and reliability in the crypto market. It aims to combine the benefits of non-algorithmic bank reserve-backed stablecoins with the transparency, security, and efficiency offered by the Proton Blockchain. What’s next for your project? Plans for XMD include collaborations with industry stakeholders to increase its reach and enhance functionality. Future developments envision interoperability with other blockchain networks and increased integration with DApps. What can your token be used for? XMD, as a stablecoin, facilitates transactions on ProtonDEX.com. The process to mint XMD involves bridging supported stablecoins onto Proton Blockchain. The value of XMD is pegged to the basket of these supported stablecoins.
Conversion tables
SPA to XMD values from Today at 11:41 am
0.5 SPA = 0.001222 XMD |
1 SPA = 0.002444 XMD |
5 SPA = 0.01222 XMD |
10 SPA = 0.02444 XMD |
50 SPA = 0.1222 XMD |
100 SPA = 0.2444 XMD |
500 SPA = 1.22 XMD |
1,000 SPA = 2.44 XMD |
XMD to SPA values from Today at 11:44 am
0.5 XMD = 204.55 SPA |
1 XMD = 409.10 SPA |
5 XMD = 2,045.51 SPA |
10 XMD = 4,091.03 SPA |
50 XMD = 20,455.13 SPA |
100 XMD = 40,910.26 SPA |
500 XMD = 204,551.28 SPA |
1,000 XMD = 409,102.56 SPA |
SPA to XMD over time
SPA | Today | 24H -2.17% | 1M -14.80% | 1Y -316.73% |
|---|---|---|---|---|
0.5 SPA | 0.001222 XMD | 0.001249 XMD | 0.001403 XMD | 0.005093 XMD |
1 SPA | 0.002444 XMD | 0.002497 XMD | 0.002806 XMD | 0.01019 XMD |
5 SPA | 0.01222 XMD | 0.01249 XMD | 0.01403 XMD | 0.05093 XMD |
10 SPA | 0.02444 XMD | 0.02497 XMD | 0.02806 XMD | 0.1019 XMD |
50 SPA | 0.1222 XMD | 0.1249 XMD | 0.1403 XMD | 0.5093 XMD |
100 SPA | 0.2444 XMD | 0.2497 XMD | 0.2806 XMD | 1.02 XMD |
500 SPA | 1.22 XMD | 1.25 XMD | 1.40 XMD | 5.09 XMD |
1,000 SPA | 2.44 XMD | 2.50 XMD | 2.81 XMD | 10.19 XMD |
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