About DAI and RAY
Dai is falling, while Raydium is climbing this week. The current DAI to RAY conversion rate is 0.576. Inversely, this means that if you convert 1 RAY you will get 1.74 DAI. The conversion rate of DAI/RAY has increased by 0.86% in the last hour (RAY/DAI decreased by 0.85%). In the last 24 hours, DAI/RAY shrunk by 1.62%, while RAY/DAI grew by 1.65%.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 0.576 RAY. In other words, to buy 5 Dai, it would cost you 2.88 RAY. Inversely, 1 RAY would allow you to trade for 1.74 DAI while 50 RAY would convert to 86.81 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 11.27%. Meanwhile, in the last 24 hours, the rate has changed by 2.2%, and that the highest exchange rate of 1 DAI to RAY was 0.6042 RAY and the lowest 24 hour value was 1 DAI for 0.5526 RAY. Last month, 1 DAI was worth 0.4245 RAY. Today, it's up 35.7%. Looking back a year, Dai has changed by 0.6682 RAY. That means that in a single year, the value of Dai has shrank by 13.8%.
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
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
DAI to RAY values from Today at 1:26 am
0.5 DAI = 0.288 RAY |
1 DAI = 0.576 RAY |
5 DAI = 2.88 RAY |
10 DAI = 5.76 RAY |
50 DAI = 28.80 RAY |
100 DAI = 57.60 RAY |
500 DAI = 288.00 RAY |
1,000 DAI = 575.99 RAY |
RAY to DAI values from Today at 1:26 am
0.5 RAY = 0.8681 DAI |
1 RAY = 1.74 DAI |
5 RAY = 8.68 DAI |
10 RAY = 17.36 DAI |
50 RAY = 86.81 DAI |
100 RAY = 173.61 DAI |
500 RAY = 868.06 DAI |
1,000 RAY = 1,736.13 DAI |
DAI to RAY over time
DAI | Today | 24H -2.25% | 1M 26.31% | 1Y -16.01% |
|---|---|---|---|---|
0.5 DAI | 0.288 RAY | 0.2945 RAY | 0.2122 RAY | 0.3341 RAY |
1 DAI | 0.576 RAY | 0.589 RAY | 0.4245 RAY | 0.6682 RAY |
5 DAI | 2.88 RAY | 2.94 RAY | 2.12 RAY | 3.34 RAY |
10 DAI | 5.76 RAY | 5.89 RAY | 4.24 RAY | 6.68 RAY |
50 DAI | 28.80 RAY | 29.45 RAY | 21.22 RAY | 33.41 RAY |
100 DAI | 57.60 RAY | 58.90 RAY | 42.45 RAY | 66.82 RAY |
500 DAI | 288.00 RAY | 294.49 RAY | 212.23 RAY | 334.12 RAY |
1,000 DAI | 575.99 RAY | 588.97 RAY | 424.46 RAY | 668.23 RAY |
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