Convert Metal Dollar XMD to Raydium RAY
XMD to RAY: 1 Metal Dollar converts to 0.5694 RAY
Metal Dollar (XMD) is not tradable on Coinbase.
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About XMD and RAY
Metal Dollar is climbing, while Raydium is falling this week. The current XMD to RAY conversion rate is 0.5694. Inversely, this means that if you convert 1 RAY you will get 1.76 XMD. The conversion rate of XMD/RAY has increased by 1.79% in the last hour (RAY/XMD decreased by 1.79%). In the last 24 hours, XMD/RAY grew by 1.51%, while RAY/XMD shrunk by the same amount.
The exchange rate of Metal Dollar is increasing. The current value of 1 XMD is 0.5694 RAY. In other words, to buy 5 Metal Dollar, it would cost you 2.8471 RAY. Inversely, 1 RAY would allow you to trade for 1.76 XMD while 50 RAY would convert to 87.81 XMD, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 38.24%. Meanwhile, in the last 24 hours, the rate has changed by 1.37%, and that the highest exchange rate of 1 XMD to RAY was 0.5777 RAY and the lowest 24 hour value was 1 XMD for 0.5351 RAY. Last month, 1 XMD was worth 1.34 RAY. Today, it's down 135.03%. Looking back a year, Metal Dollar has changed by 0.3648 RAY. That means that in a single year, the value of Metal Dollar has grown by 35.94%.
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.
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
XMD to RAY values from Today at 4:37 pm
0.5 XMD = 0.2847 RAY |
1 XMD = 0.5694 RAY |
5 XMD = 2.85 RAY |
10 XMD = 5.69 RAY |
50 XMD = 28.47 RAY |
100 XMD = 56.94 RAY |
500 XMD = 284.71 RAY |
1,000 XMD = 569.43 RAY |
RAY to XMD values from Today at 4:37 pm
0.5 RAY = 0.8781 XMD |
1 RAY = 1.76 XMD |
5 RAY = 8.78 XMD |
10 RAY = 17.56 XMD |
50 RAY = 87.81 XMD |
100 RAY = 175.62 XMD |
500 RAY = 878.08 XMD |
1,000 RAY = 1,756.16 XMD |
XMD to RAY over time
XMD | Today | 24H 1.37% | 1M -135.03% | 1Y 35.94% |
|---|---|---|---|---|
0.5 XMD | 0.2847 RAY | 0.2808 RAY | 0.6691 RAY | 0.1824 RAY |
1 XMD | 0.5694 RAY | 0.5616 RAY | 1.34 RAY | 0.3648 RAY |
5 XMD | 2.85 RAY | 2.81 RAY | 6.69 RAY | 1.82 RAY |
10 XMD | 5.69 RAY | 5.62 RAY | 13.38 RAY | 3.65 RAY |
50 XMD | 28.47 RAY | 28.08 RAY | 66.91 RAY | 18.24 RAY |
100 XMD | 56.94 RAY | 56.16 RAY | 133.83 RAY | 36.48 RAY |
500 XMD | 284.71 RAY | 280.81 RAY | 669.15 RAY | 182.38 RAY |
1,000 XMD | 569.43 RAY | 561.63 RAY | 1,338.29 RAY | 364.76 RAY |
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