About MATRIX and DAI
Matrix Labs is climbing, while Dai is falling this week. The current MATRIX to DAI conversion rate is 0.0005378. Inversely, this means that if you convert 1 DAI you will get 1,859.50 MATRIX. The conversion rate of MATRIX/DAI has decreased by 0.16% in the last hour (DAI/MATRIX increased by 0.16%). In the last 24 hours, MATRIX/DAI grew by 0.01%, while DAI/MATRIX shrunk by the same amount.
The exchange rate of Matrix Labs is decreasing. The current value of 1 MATRIX is 0.0005378 DAI. In other words, to buy 5 Matrix Labs, it would cost you 0.0026889 DAI. Inversely, 1 DAI would allow you to trade for 1,859.50 MATRIX while 50 DAI would convert to 92,974.94 MATRIX, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 7.22%. Meanwhile, in the last 24 hours, the rate has changed by 0.55%, which means that the highest exchange rate of 1 MATRIX to DAI was 0.0005477 DAI and the lowest 24 hour value was 1 MATRIX for 0.0005369 DAI. Last month, 1 MATRIX was worth 0.0003648 DAI. Today, it's up 32.17%. Looking back a year, Matrix Labs has changed by 0.001027 DAI. That means that in a single year, the value of Matrix Labs has shrank by 90.9%.
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 1:52 am
0.5 MATRIX = 0.0002689 DAI |
1 MATRIX = 0.0005378 DAI |
5 MATRIX = 0.002689 DAI |
10 MATRIX = 0.005378 DAI |
50 MATRIX = 0.02689 DAI |
100 MATRIX = 0.05378 DAI |
500 MATRIX = 0.2689 DAI |
1,000 MATRIX = 0.5378 DAI |
DAI to MATRIX values from Today at 1:51 am
0.5 DAI = 929.75 MATRIX |
1 DAI = 1,859.50 MATRIX |
5 DAI = 9,297.49 MATRIX |
10 DAI = 18,594.99 MATRIX |
50 DAI = 92,974.94 MATRIX |
100 DAI = 185,949.87 MATRIX |
500 DAI = 929,749.37 MATRIX |
1,000 DAI = 1,859,498.73 MATRIX |
MATRIX to DAI over time
MATRIX | Today | 24H -0.55% | 1M 32.17% | 1Y -90.90% |
|---|---|---|---|---|
0.5 MATRIX | 0.0002689 DAI | 0.0002704 DAI | 0.0001824 DAI | 0.0005133 DAI |
1 MATRIX | 0.0005378 DAI | 0.0005407 DAI | 0.0003648 DAI | 0.001027 DAI |
5 MATRIX | 0.002689 DAI | 0.002704 DAI | 0.001824 DAI | 0.005133 DAI |
10 MATRIX | 0.005378 DAI | 0.005407 DAI | 0.003648 DAI | 0.01027 DAI |
50 MATRIX | 0.02689 DAI | 0.02704 DAI | 0.01824 DAI | 0.05133 DAI |
100 MATRIX | 0.05378 DAI | 0.05407 DAI | 0.03648 DAI | 0.1027 DAI |
500 MATRIX | 0.2689 DAI | 0.2704 DAI | 0.1824 DAI | 0.5133 DAI |
1,000 MATRIX | 0.5378 DAI | 0.5407 DAI | 0.3648 DAI | 1.03 DAI |
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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.