About DAI and RAY
Dai is climbing, while Raydium is falling this week. The current DAI to RAY conversion rate is 0.5934. Inversely, this means that if you convert 1 RAY you will get 1.69 DAI. The conversion rate of DAI/RAY has increased by 0.18% in the last hour (RAY/DAI decreased by 0.18%). In the last 24 hours, DAI/RAY grew by 1.7%, while RAY/DAI shrunk by 1.67%.
The exchange rate of Dai is increasing. The current value of 1 DAI is 0.5934 RAY. In other words, to buy 5 Dai, it would cost you 2.967 RAY. Inversely, 1 RAY would allow you to trade for 1.69 DAI while 50 RAY would convert to 84.26 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 9.64%. Meanwhile, in the last 24 hours, the rate has changed by 2.25%, and that the highest exchange rate of 1 DAI to RAY was 0.596 RAY and the lowest 24 hour value was 1 DAI for 0.5526 RAY. Last month, 1 DAI was worth 0.4272 RAY. Today, it's up 38.89%. 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 11.2%.
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 10:26 am
0.5 DAI = 0.2967 RAY |
1 DAI = 0.5934 RAY |
5 DAI = 2.97 RAY |
10 DAI = 5.93 RAY |
50 DAI = 29.67 RAY |
100 DAI = 59.34 RAY |
500 DAI = 296.70 RAY |
1,000 DAI = 593.40 RAY |
RAY to DAI values from Today at 10:26 am
0.5 RAY = 0.8426 DAI |
1 RAY = 1.69 DAI |
5 RAY = 8.43 DAI |
10 RAY = 16.85 DAI |
50 RAY = 84.26 DAI |
100 RAY = 168.52 DAI |
500 RAY = 842.60 DAI |
1,000 RAY = 1,685.20 DAI |
DAI to RAY over time
DAI | Today | 24H 2.20% | 1M 28.00% | 1Y -12.61% |
|---|---|---|---|---|
0.5 DAI | 0.2967 RAY | 0.2902 RAY | 0.2136 RAY | 0.3341 RAY |
1 DAI | 0.5934 RAY | 0.5803 RAY | 0.4272 RAY | 0.6682 RAY |
5 DAI | 2.97 RAY | 2.90 RAY | 2.14 RAY | 3.34 RAY |
10 DAI | 5.93 RAY | 5.80 RAY | 4.27 RAY | 6.68 RAY |
50 DAI | 29.67 RAY | 29.02 RAY | 21.36 RAY | 33.41 RAY |
100 DAI | 59.34 RAY | 58.03 RAY | 42.72 RAY | 66.82 RAY |
500 DAI | 296.70 RAY | 290.16 RAY | 213.62 RAY | 334.12 RAY |
1,000 DAI | 593.40 RAY | 580.32 RAY | 427.23 RAY | 668.23 RAY |
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