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About RAY and DAI
Raydium is falling, while Dai is climbing this week. The current RAY to DAI conversion rate is 1.76. Inversely, this means that if you convert 1 DAI you will get 0.5687 RAY. The conversion rate of RAY/DAI has decreased by 0.52% in the last hour (DAI/RAY increased by 0.52%). In the last 24 hours, RAY/DAI shrunk by 2.7%, while DAI/RAY grew by 2.77%.
The exchange rate of Raydium is decreasing. The current value of 1 RAY is 1.76 DAI. In other words, to buy 5 Raydium, it would cost you 8.79 DAI. Inversely, 1 DAI would allow you to trade for 0.5687 RAY while 50 DAI would convert to 28.43 RAY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 6.9%. Meanwhile, in the last 24 hours, the rate has changed by 2.78%, which means that the highest exchange rate of 1 RAY to DAI was 1.86 DAI and the lowest 24 hour value was 1 RAY for 1.74 DAI. Last month, 1 RAY was worth 2.48 DAI. Today, it's down 29%. Looking back a year, Raydium has changed by 1.41 DAI. That means that in a single year, the value of Raydium has grown by 24.82%.
Raydium Market Stats
RAY is the native utility token for Raydium, an automated market maker (AMM) and decentralized exchange built on the Solana blockchain. Holders can stake RAY to earn a portion of protocol fees, participate in initial DEX offerings (IDOs), and vote on governance proposals regarding the platform’s development.
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
RAY to DAI values from Today at 2:57 pm
0.5 RAY = 0.8792 DAI |
1 RAY = 1.76 DAI |
5 RAY = 8.79 DAI |
10 RAY = 17.58 DAI |
50 RAY = 87.92 DAI |
100 RAY = 175.84 DAI |
500 RAY = 879.21 DAI |
1,000 RAY = 1,758.43 DAI |
DAI to RAY values from Today at 2:57 pm
0.5 DAI = 0.2843 RAY |
1 DAI = 0.5687 RAY |
5 DAI = 2.84 RAY |
10 DAI = 5.69 RAY |
50 DAI = 28.43 RAY |
100 DAI = 56.87 RAY |
500 DAI = 284.35 RAY |
1,000 DAI = 568.69 RAY |
RAY to DAI over time
RAY | Today | 24H -2.86% | 1M -40.84% | 1Y 19.89% |
|---|---|---|---|---|
0.5 RAY | 0.8792 DAI | 0.9044 DAI | 1.24 DAI | 0.7044 DAI |
1 RAY | 1.76 DAI | 1.81 DAI | 2.48 DAI | 1.41 DAI |
5 RAY | 8.79 DAI | 9.04 DAI | 12.38 DAI | 7.04 DAI |
10 RAY | 17.58 DAI | 18.09 DAI | 24.77 DAI | 14.09 DAI |
50 RAY | 87.92 DAI | 90.44 DAI | 123.83 DAI | 70.44 DAI |
100 RAY | 175.84 DAI | 180.87 DAI | 247.66 DAI | 140.88 DAI |
500 RAY | 879.21 DAI | 904.35 DAI | 1,238.32 DAI | 704.38 DAI |
1,000 RAY | 1,758.43 DAI | 1,808.71 DAI | 2,476.65 DAI | 1,408.75 DAI |
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