About MATRIX and DAI
Matrix Labs is falling, while Dai is climbing this week. The current MATRIX to DAI conversion rate is 0.0003609. Inversely, this means that if you convert 1 DAI you will get 2,771.04 MATRIX. The conversion rate of MATRIX/DAI has increased by 0% in the last hour (DAI/MATRIX decreased by 0%). In the last 24 hours, MATRIX/DAI shrunk by 0.01%, while DAI/MATRIX grew by the same amount.
The exchange rate of Matrix Labs is increasing. The current value of 1 MATRIX is 0.0003609 DAI. In other words, to buy 5 Matrix Labs, it would cost you 0.0018044 DAI. Inversely, 1 DAI would allow you to trade for 2,771.04 MATRIX while 50 DAI would convert to 138,551.77 MATRIX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 25.71%. Meanwhile, in the last 24 hours, the rate has changed by 0%, and that the highest exchange rate of 1 MATRIX to DAI was 0.0003611 DAI and the lowest 24 hour value was 1 MATRIX for 0.0003607 DAI. Last month, 1 MATRIX was worth 0.0004537 DAI. Today, it's down 25.72%. Looking back a year, Matrix Labs has changed by 0.0008349 DAI. That means that in a single year, the value of Matrix Labs has shrank by 131.35%.
Matrix Labs Market Stats
"Matrixswap is a fully decentralized virtual-AMM-based perpetual futures trading protocol and a DEX aggregator deployed on the Polygon, Polkadot and the Cardano blockchain. Unlike traditional AMMs, Matrixswap offers leveraged trades for assets with guaranteed on-chain liquidity. Matrixswap's DEX aggregator finds the best pricing for users when performing AMM spot trades and it allows traders execute single-to-multiple, multiple-to-single token swaps. Matrixswap's DEX aggregator also features an Emergency Nuke Button that allows users to convert all tokens into stable coin under one transaction."
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.
Conversion tables
MATRIX to DAI values from Today at 9:44 pm
0.5 MATRIX = 0.0001804 DAI |
1 MATRIX = 0.0003609 DAI |
5 MATRIX = 0.001804 DAI |
10 MATRIX = 0.003609 DAI |
50 MATRIX = 0.01804 DAI |
100 MATRIX = 0.03609 DAI |
500 MATRIX = 0.1804 DAI |
1,000 MATRIX = 0.3609 DAI |
DAI to MATRIX values from Today at 9:42 pm
0.5 DAI = 1,385.52 MATRIX |
1 DAI = 2,771.04 MATRIX |
5 DAI = 13,855.18 MATRIX |
10 DAI = 27,710.35 MATRIX |
50 DAI = 138,551.77 MATRIX |
100 DAI = 277,103.54 MATRIX |
500 DAI = 1,385,517.68 MATRIX |
1,000 DAI = 2,771,035.36 MATRIX |
MATRIX to DAI over time
MATRIX | Today | 24H 0.00% | 1M -25.72% | 1Y -131.35% |
|---|---|---|---|---|
0.5 MATRIX | 0.0001804 DAI | 0.0001804 DAI | 0.0002268 DAI | 0.0004174 DAI |
1 MATRIX | 0.0003609 DAI | 0.0003609 DAI | 0.0004537 DAI | 0.0008349 DAI |
5 MATRIX | 0.001804 DAI | 0.001804 DAI | 0.002268 DAI | 0.004174 DAI |
10 MATRIX | 0.003609 DAI | 0.003609 DAI | 0.004537 DAI | 0.008349 DAI |
50 MATRIX | 0.01804 DAI | 0.01804 DAI | 0.02268 DAI | 0.04174 DAI |
100 MATRIX | 0.03609 DAI | 0.03609 DAI | 0.04537 DAI | 0.08349 DAI |
500 MATRIX | 0.1804 DAI | 0.1804 DAI | 0.2268 DAI | 0.4174 DAI |
1,000 MATRIX | 0.3609 DAI | 0.3609 DAI | 0.4537 DAI | 0.8349 DAI |
Frequently asked questions
Right now, 1 Matrix Labs is worth about CA$0.0005071.
Based on the current rate, you could get 1,971.88 MATRIX for 1 CAD.
You can use our MATRIX to CAD calculator at the top of this page to convert any amount of MATRIX to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 9,859.42 MATRIX. Inversely, 5 MATRIX will cost about CA$0.002536
Matrix Labs can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Matrix Labs.
There are a number of crypto assets that have the a similar or comparable market cap to Matrix Labs, including , , and . For a more robust list of assets to explore, jump to the asset page dedicated to Matrix Labs.
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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.