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About PENDLE and RAY
Pendle is falling, while Raydium is climbing this week. The current PENDLE to RAY conversion rate is 1.15. Inversely, this means that if you convert 1 RAY you will get 0.8713 PENDLE. The conversion rate of PENDLE/RAY has increased by 0.3% in the last hour (RAY/PENDLE decreased by 0.3%). In the last 24 hours, PENDLE/RAY shrunk by 0.46%, while RAY/PENDLE grew by the same amount.
The exchange rate of Pendle is decreasing. The current value of 1 PENDLE is 1.15 RAY. In other words, to buy 5 Pendle, it would cost you 5.74 RAY. Inversely, 1 RAY would allow you to trade for 0.8713 PENDLE while 50 RAY would convert to 43.57 PENDLE, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 21.21%. Meanwhile, in the last 24 hours, the rate has changed by 0.03%, which means that the highest exchange rate of 1 PENDLE to RAY was 1.15 RAY and the lowest 24 hour value was 1 PENDLE for 1.06 RAY. Last month, 1 PENDLE was worth 1.81 RAY. Today, it's down 57.68%. Looking back a year, Pendle has changed by 1.95 RAY. That means that in a single year, the value of Pendle has shrank by 69.8%.
Pendle Market Stats
Pendle is a permissionless yield-trading protocol where users can execute various yield-management strategies. Pendle's governance relies on Vote-escrowed PENDLE, also known as vePENDLE, which enables a higher degree of decentralization. By utilizing vePENDLE, PENDLE holders gain access to an array of features that increase the token's utility.
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
PENDLE to RAY values from Today at 6:27 pm
0.5 PENDLE = 0.5738 RAY |
1 PENDLE = 1.15 RAY |
5 PENDLE = 5.74 RAY |
10 PENDLE = 11.48 RAY |
50 PENDLE = 57.38 RAY |
100 PENDLE = 114.77 RAY |
500 PENDLE = 573.84 RAY |
1,000 PENDLE = 1,147.69 RAY |
RAY to PENDLE values from Today at 6:26 pm
0.5 RAY = 0.4357 PENDLE |
1 RAY = 0.8713 PENDLE |
5 RAY = 4.36 PENDLE |
10 RAY = 8.71 PENDLE |
50 RAY = 43.57 PENDLE |
100 RAY = 87.13 PENDLE |
500 RAY = 435.66 PENDLE |
1,000 RAY = 871.32 PENDLE |
PENDLE to RAY over time
PENDLE | Today | 24H -0.03% | 1M -57.68% | 1Y -69.80% |
|---|---|---|---|---|
0.5 PENDLE | 0.5738 RAY | 0.574 RAY | 0.9049 RAY | 0.9744 RAY |
1 PENDLE | 1.15 RAY | 1.15 RAY | 1.81 RAY | 1.95 RAY |
5 PENDLE | 5.74 RAY | 5.74 RAY | 9.05 RAY | 9.74 RAY |
10 PENDLE | 11.48 RAY | 11.48 RAY | 18.10 RAY | 19.49 RAY |
50 PENDLE | 57.38 RAY | 57.40 RAY | 90.49 RAY | 97.44 RAY |
100 PENDLE | 114.77 RAY | 114.81 RAY | 180.97 RAY | 194.88 RAY |
500 PENDLE | 573.84 RAY | 574.04 RAY | 904.86 RAY | 974.41 RAY |
1,000 PENDLE | 1,147.69 RAY | 1,148.07 RAY | 1,809.72 RAY | 1,948.83 RAY |
Frequently asked questions
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.