About TRYT and RING
LiraT is falling, while RingDAO is climbing this week. The current TRYT to RING conversion rate is 59.71. Inversely, this means that if you convert 1 RING you will get 0.01675 TRYT. The conversion rate of TRYT/RING has decreased by 0.03% in the last hour (RING/TRYT increased by 0.03%). In the last 24 hours, TRYT/RING shrunk by 7.79%, while RING/TRYT grew by the same amount.
The exchange rate of LiraT is decreasing. The current value of 1 TRYT is 59.71 RING. In other words, to buy 5 LiraT, it would cost you 298.56 RING. Inversely, 1 RING would allow you to trade for 0.01675 TRYT while 50 RING would convert to 0.8374 TRYT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 7.5%. Meanwhile, in the last 24 hours, the rate has changed by 7.78%, and that the highest exchange rate of 1 TRYT to RING was 64.37 RING and the lowest 24 hour value was 1 TRYT for 53.03 RING. Last month, 1 TRYT was worth 67.01 RING. Today, it's down 12.22%. Looking back a year, LiraT has changed by 11.10 RING. That means that in a single year, the value of LiraT has grown by 81.42%.
LiraT Market Stats
Launched in November 2022, LiraT (TRYT) is an asset-backed token redeemable 1:1 for 1 Turkish lira. Issued by Token Teknoloji Anonim Şirketi, this token is fully backed by Turkish lira on the blockchain at a 1:1 ratio and indexed to the price of Turkish lira. For every TRYT created, an equivalent amount of Turkish lira is held as collateral in the company's reserves. TRYT provides a cost-effective, fast and secure solution for global users, offering direct ownership with no storage costs and high accessibility for 24/7 transactions and transfers, regardless of geographical boundaries. Unlike fiat Turkish lira transaction limits in the market, there are no minimum transaction limits for TRYT. TRYT transactions are executed instantly and any amount of TRYT tokens can be converted to fiat currencies, ensuring quick and efficient transactions. TRYT is created and runs on the Avalanche C-Chain and Polygon blockchain, and it is compatible with all blockchain wallets that support EVM. It uses smart contracts to automatically manage the collateralization process. As the demand for TRYT tokens increases, Token Teknoloji Anonim Şirketi will add the equivalent amount of Turkish lira to its reserves for each TRYT token upon request from institutions wishing to meet their demand. This ensures that the 1:1 ratio between Turkish lira and TRYT is maintained whilst keeping the market in balance between supply and demand. And a coin burn function is built into the blockchain's smart contract to remove a pre-determined amount of TRYT tokens from circulation when needed, ensuring a balance between TRYT and the Turkish lira. Thanks to this mint-and-burn mechanism, the price of TRYT is always in equilibrium with the price of the Turkish lira.
RingDAO Market Stats
RingDAO is a venture DAO focused on DeFi and DAO applications within the Web3 space. It has fostered the development of applications such as Helixbox ( DeGov.AI ( Darwinia Network ( and others. RING serves as the governance token for RingDAO and is widely utilized across its projects. RING is used to capture value within our decentralized system, establish decentralized governance, and unite all RING holders in collectively advancing the ecosystem.
Conversion tables
TRYT to RING values from Today at 6:16 pm
0.5 TRYT = 29.86 RING |
1 TRYT = 59.71 RING |
5 TRYT = 298.56 RING |
10 TRYT = 597.12 RING |
50 TRYT = 2,985.61 RING |
100 TRYT = 5,971.21 RING |
500 TRYT = 29,856.07 RING |
1,000 TRYT = 59,712.14 RING |
RING to TRYT values from Today at 6:14 pm
0.5 RING = 0.008374 TRYT |
1 RING = 0.01675 TRYT |
5 RING = 0.08374 TRYT |
10 RING = 0.1675 TRYT |
50 RING = 0.8374 TRYT |
100 RING = 1.67 TRYT |
500 RING = 8.37 TRYT |
1,000 RING = 16.75 TRYT |
TRYT to RING over time
TRYT | Today | 24H -7.78% | 1M -12.22% | 1Y 81.42% |
|---|---|---|---|---|
0.5 TRYT | 29.86 RING | 32.18 RING | 33.50 RING | 5.55 RING |
1 TRYT | 59.71 RING | 64.36 RING | 67.01 RING | 11.10 RING |
5 TRYT | 298.56 RING | 321.79 RING | 335.04 RING | 55.48 RING |
10 TRYT | 597.12 RING | 643.59 RING | 670.07 RING | 110.95 RING |
50 TRYT | 2,985.61 RING | 3,217.93 RING | 3,350.37 RING | 554.76 RING |
100 TRYT | 5,971.21 RING | 6,435.87 RING | 6,700.75 RING | 1,109.51 RING |
500 TRYT | 29,856.07 RING | 32,179.33 RING | 33,503.73 RING | 5,547.57 RING |
1,000 TRYT | 59,712.14 RING | 64,358.65 RING | 67,007.45 RING | 11,095.14 RING |
Frequently asked questions
Right now, 1 LiraT is worth about A$0.03018.
Based on the current rate, you could get 33.13 TRYT for 1 AUD.
You can use our TRYT to AUD calculator at the top of this page to convert any amount of TRYT to AUD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 AUD is equivalent to 165.65 TRYT. Inversely, 5 TRYT will cost about A$0.1509
LiraT can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy LiraT.
There are a number of crypto assets that have the a similar or comparable market cap to LiraT, including , , and . For a more robust list of assets to explore, jump to the asset page dedicated to LiraT.
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