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About SPA and XMD
Sperax is falling, while Metal Dollar is climbing this week. The current SPA to XMD conversion rate is 0.002007. Inversely, this means that if you convert 1 XMD you will get 498.19 SPA. The conversion rate of SPA/XMD has decreased by 0.28% in the last hour (XMD/SPA increased by 0.28%). In the last 24 hours, SPA/XMD shrunk by 5.35%, while XMD/SPA grew by the same amount.
The exchange rate of Sperax is decreasing. The current value of 1 SPA is 0.002007 XMD. In other words, to buy 5 Sperax, it would cost you 0.010036 XMD. Inversely, 1 XMD would allow you to trade for 498.19 SPA while 50 XMD would convert to 24,909.28 SPA, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 13.34%. Meanwhile, in the last 24 hours, the rate has changed by 5.63%, and that the highest exchange rate of 1 SPA to XMD was 0.002192 XMD and the lowest 24 hour value was 1 SPA for 0.001914 XMD. Last month, 1 SPA was worth 0.002485 XMD. Today, it's down 23.79%. Looking back a year, Sperax has changed by 0.01347 XMD. That means that in a single year, the value of Sperax has shrank by 571.28%.
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 1:16 pm
0.5 SPA = 0.001004 XMD |
1 SPA = 0.002007 XMD |
5 SPA = 0.01004 XMD |
10 SPA = 0.02007 XMD |
50 SPA = 0.1004 XMD |
100 SPA = 0.2007 XMD |
500 SPA = 1.00 XMD |
1,000 SPA = 2.01 XMD |
XMD to SPA values from Today at 1:15 pm
0.5 XMD = 249.09 SPA |
1 XMD = 498.19 SPA |
5 XMD = 2,490.93 SPA |
10 XMD = 4,981.86 SPA |
50 XMD = 24,909.28 SPA |
100 XMD = 49,818.56 SPA |
500 XMD = 249,092.79 SPA |
1,000 XMD = 498,185.59 SPA |
SPA to XMD over time
SPA | Today | 24H -5.63% | 1M -23.79% | 1Y -571.28% |
|---|---|---|---|---|
0.5 SPA | 0.001004 XMD | 0.00106 XMD | 0.001242 XMD | 0.006737 XMD |
1 SPA | 0.002007 XMD | 0.00212 XMD | 0.002485 XMD | 0.01347 XMD |
5 SPA | 0.01004 XMD | 0.0106 XMD | 0.01242 XMD | 0.06737 XMD |
10 SPA | 0.02007 XMD | 0.0212 XMD | 0.02485 XMD | 0.1347 XMD |
50 SPA | 0.1004 XMD | 0.106 XMD | 0.1242 XMD | 0.6737 XMD |
100 SPA | 0.2007 XMD | 0.212 XMD | 0.2485 XMD | 1.35 XMD |
500 SPA | 1.00 XMD | 1.06 XMD | 1.24 XMD | 6.74 XMD |
1,000 SPA | 2.01 XMD | 2.12 XMD | 2.48 XMD | 13.47 XMD |
Frequently asked questions
Right now, 1 Sperax is worth about CA$0.002829.
Based on the current rate, you could get 353.52 SPA for 1 CAD.
Sperax price has been declining. Since yesterday, the exchange rate of Sperax has decreased. Since last month, the exchange rate of Sperax has decreased. Since this time last year, the price of Sperax has decreased.
You can use our SPA to CAD calculator at the top of this page to convert any amount of SPA to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 1,767.62 SPA. Inversely, 5 SPA will cost about CA$0.01414
Sperax is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Sperax.
There are a number of crypto assets that have the a similar or comparable market cap to Sperax, including Lava Network, Counterparty, and SUNDOG. For a more robust list of assets to explore, jump to the asset page dedicated to Sperax.
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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.