About MATRIX and DAI
Matrix Labs is falling, while Dai is climbing this week. The current MATRIX to DAI conversion rate is 0.0003647. Inversely, this means that if you convert 1 DAI you will get 2,741.70 MATRIX. The conversion rate of MATRIX/DAI has decreased by 0.03% in the last hour (DAI/MATRIX increased by 0.03%). In the last 24 hours, MATRIX/DAI shrunk by 0.04%, while DAI/MATRIX grew by the same amount.
The exchange rate of Matrix Labs is decreasing. The current value of 1 MATRIX is 0.0003647 DAI. In other words, to buy 5 Matrix Labs, it would cost you 0.0018237 DAI. Inversely, 1 DAI would allow you to trade for 2,741.70 MATRIX while 50 DAI would convert to 137,085.12 MATRIX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.02%. Meanwhile, in the last 24 hours, the rate has changed by 0.04%, and that the highest exchange rate of 1 MATRIX to DAI was 0.0003652 DAI and the lowest 24 hour value was 1 MATRIX for 0.0003646 DAI. Last month, 1 MATRIX was worth 0.0003609 DAI. Today, it's up 1.07%. Looking back a year, Matrix Labs has changed by 0.001158 DAI. That means that in a single year, the value of Matrix Labs has shrank by 217.62%.
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 12:14 pm
0.5 MATRIX = 0.0001824 DAI |
1 MATRIX = 0.0003647 DAI |
5 MATRIX = 0.001824 DAI |
10 MATRIX = 0.003647 DAI |
50 MATRIX = 0.01824 DAI |
100 MATRIX = 0.03647 DAI |
500 MATRIX = 0.1824 DAI |
1,000 MATRIX = 0.3647 DAI |
DAI to MATRIX values from Today at 12:13 pm
0.5 DAI = 1,370.85 MATRIX |
1 DAI = 2,741.70 MATRIX |
5 DAI = 13,708.51 MATRIX |
10 DAI = 27,417.02 MATRIX |
50 DAI = 137,085.12 MATRIX |
100 DAI = 274,170.23 MATRIX |
500 DAI = 1,370,851.17 MATRIX |
1,000 DAI = 2,741,702.34 MATRIX |
MATRIX to DAI over time
MATRIX | Today | 24H -0.04% | 1M 1.07% | 1Y -217.62% |
|---|---|---|---|---|
0.5 MATRIX | 0.0001824 DAI | 0.0001824 DAI | 0.0001804 DAI | 0.0005792 DAI |
1 MATRIX | 0.0003647 DAI | 0.0003649 DAI | 0.0003609 DAI | 0.001158 DAI |
5 MATRIX | 0.001824 DAI | 0.001824 DAI | 0.001804 DAI | 0.005792 DAI |
10 MATRIX | 0.003647 DAI | 0.003649 DAI | 0.003609 DAI | 0.01158 DAI |
50 MATRIX | 0.01824 DAI | 0.01824 DAI | 0.01804 DAI | 0.05792 DAI |
100 MATRIX | 0.03647 DAI | 0.03649 DAI | 0.03609 DAI | 0.1158 DAI |
500 MATRIX | 0.1824 DAI | 0.1824 DAI | 0.1804 DAI | 0.5792 DAI |
1,000 MATRIX | 0.3647 DAI | 0.3649 DAI | 0.3609 DAI | 1.16 DAI |
Frequently asked questions
Right now, 1 Matrix Labs is worth about ₹0.03483.
Based on the current rate, you could get 28.71 MATRIX for 1 INR.
You can use our MATRIX to INR calculator at the top of this page to convert any amount of MATRIX to INR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 INR is equivalent to 143.54 MATRIX. Inversely, 5 MATRIX will cost about ₹0.1742
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.