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About SPA and XMD
Sperax is climbing, while Metal Dollar is falling this week. The current SPA to XMD conversion rate is 0.002527. Inversely, this means that if you convert 1 XMD you will get 395.66 SPA. The conversion rate of SPA/XMD has decreased by 0.26% in the last hour (XMD/SPA increased by 0.26%). In the last 24 hours, SPA/XMD grew by 5.07%, while XMD/SPA shrunk by 4.83%.
The exchange rate of Sperax is increasing. The current value of 1 SPA is 0.002527 XMD. In other words, to buy 5 Sperax, it would cost you 0.012637 XMD. Inversely, 1 XMD would allow you to trade for 395.66 SPA while 50 XMD would convert to 19,782.82 SPA, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.01%. Meanwhile, in the last 24 hours, the rate has changed by 6.68%, and that the highest exchange rate of 1 SPA to XMD was 0.00254 XMD and the lowest 24 hour value was 1 SPA for 0.002352 XMD. Last month, 1 SPA was worth 0.00301 XMD. Today, it's down 16.04%. Looking back a year, Sperax has changed by 0.01019 XMD. That means that in a single year, the value of Sperax has shrank by 75.19%.
Sperax Market Stats
SPA is the governance token of the Sperax ecosystem. Sperax is a DeFi protocol built on Arbitrum that mints Sperax USD - a stablecoin featuring ‘auto-yield’ generation. SPA tokens must be staked in order to participate in the Sperax DAO. Sperax ecosystem is governed by community of SPA stakers or veSPA holders, who make up Sperax DAO.
Metal Dollar Market Stats
What is the project about? The Metal Dollar (XMD) represents an innovative approach to stablecoins, operating on the Proton Blockchain. Its design brings increased stability, transparency, and efficiency to digital transactions. Uniquely, XMD is backed by an array of established, non-algorithmic bank reserve-backed stablecoins, including USDC, USDT, and PAX, a method intended to mitigate risks associated with single-issuer or algorithmic stablecoins and enhance stability. What makes your project unique? The Metal Dollar distinguishes itself from traditional stablecoins by pegging its value to a selection of established stablecoins, providing an innovative approach to stability and governance. It utilizes the Proton Blockchain's features to enable secure, efficient transactions with swift confirmation times, high throughput, and low fees. The project is also characterized by a decentralized governance model supported by the Metal DAO (XMT) token. XMT token holders can propose and vote on crucial decisions concerning the Metal Dollar protocol, facilitating a democratic and inclusive management over the protocol's direction. History of your project. The Metal Dollar project came into existence in 2022 as a response to the growing demand for stability and reliability in the crypto market. It aims to combine the benefits of non-algorithmic bank reserve-backed stablecoins with the transparency, security, and efficiency offered by the Proton Blockchain. What’s next for your project? Plans for XMD include collaborations with industry stakeholders to increase its reach and enhance functionality. Future developments envision interoperability with other blockchain networks and increased integration with DApps. What can your token be used for? XMD, as a stablecoin, facilitates transactions on ProtonDEX.com. The process to mint XMD involves bridging supported stablecoins onto Proton Blockchain. The value of XMD is pegged to the basket of these supported stablecoins.
Conversion tables
SPA to XMD values from Today at 3:41 am
0.5 SPA = 0.001264 XMD |
1 SPA = 0.002527 XMD |
5 SPA = 0.01264 XMD |
10 SPA = 0.02527 XMD |
50 SPA = 0.1264 XMD |
100 SPA = 0.2527 XMD |
500 SPA = 1.26 XMD |
1,000 SPA = 2.53 XMD |
XMD to SPA values from Today at 3:41 am
0.5 XMD = 197.83 SPA |
1 XMD = 395.66 SPA |
5 XMD = 1,978.28 SPA |
10 XMD = 3,956.56 SPA |
50 XMD = 19,782.82 SPA |
100 XMD = 39,565.65 SPA |
500 XMD = 197,828.24 SPA |
1,000 XMD = 395,656.48 SPA |
SPA to XMD over time
SPA | Today | 24H 6.26% | 1M -19.10% | 1Y -303.03% |
|---|---|---|---|---|
0.5 SPA | 0.001264 XMD | 0.001185 XMD | 0.001505 XMD | 0.005093 XMD |
1 SPA | 0.002527 XMD | 0.002369 XMD | 0.00301 XMD | 0.01019 XMD |
5 SPA | 0.01264 XMD | 0.01185 XMD | 0.01505 XMD | 0.05093 XMD |
10 SPA | 0.02527 XMD | 0.02369 XMD | 0.0301 XMD | 0.1019 XMD |
50 SPA | 0.1264 XMD | 0.1185 XMD | 0.1505 XMD | 0.5093 XMD |
100 SPA | 0.2527 XMD | 0.2369 XMD | 0.301 XMD | 1.02 XMD |
500 SPA | 1.26 XMD | 1.18 XMD | 1.51 XMD | 5.09 XMD |
1,000 SPA | 2.53 XMD | 2.37 XMD | 3.01 XMD | 10.19 XMD |
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