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About DAI and RAY
Dai is falling, while Raydium is climbing this week. The current DAI to RAY conversion rate is 0.524. Inversely, this means that if you convert 1 RAY you will get 1.91 DAI. The conversion rate of DAI/RAY has decreased by 1% in the last hour (RAY/DAI increased by 1.01%). In the last 24 hours, DAI/RAY shrunk by 4.42%, while RAY/DAI grew by 4.62%.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 0.524 RAY. In other words, to buy 5 Dai, it would cost you 2.6198 RAY. Inversely, 1 RAY would allow you to trade for 1.91 DAI while 50 RAY would convert to 95.43 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 27.79%. Meanwhile, in the last 24 hours, the rate has changed by 4.18%, which means that the highest exchange rate of 1 DAI to RAY was 0.5867 RAY and the lowest 24 hour value was 1 DAI for 0.5165 RAY. Last month, 1 DAI was worth 0.5752 RAY. Today, it's down 8.91%. Looking back a year, Dai has changed by 0.5339 RAY. That means that in a single year, the value of Dai has shrank by 1.85%.
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.
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.
Conversion tables
DAI to RAY values from Today at 3:19 am
0.5 DAI = 0.262 RAY |
1 DAI = 0.524 RAY |
5 DAI = 2.62 RAY |
10 DAI = 5.24 RAY |
50 DAI = 26.20 RAY |
100 DAI = 52.40 RAY |
500 DAI = 261.98 RAY |
1,000 DAI = 523.96 RAY |
RAY to DAI values from Today at 3:19 am
0.5 RAY = 0.9543 DAI |
1 RAY = 1.91 DAI |
5 RAY = 9.54 DAI |
10 RAY = 19.09 DAI |
50 RAY = 95.43 DAI |
100 RAY = 190.85 DAI |
500 RAY = 954.27 DAI |
1,000 RAY = 1,908.54 DAI |
DAI to RAY over time
DAI | Today | 24H -4.36% | 1M -9.78% | 1Y -1.89% |
|---|---|---|---|---|
0.5 DAI | 0.262 RAY | 0.2734 RAY | 0.2876 RAY | 0.2669 RAY |
1 DAI | 0.524 RAY | 0.5468 RAY | 0.5752 RAY | 0.5339 RAY |
5 DAI | 2.62 RAY | 2.73 RAY | 2.88 RAY | 2.67 RAY |
10 DAI | 5.24 RAY | 5.47 RAY | 5.75 RAY | 5.34 RAY |
50 DAI | 26.20 RAY | 27.34 RAY | 28.76 RAY | 26.69 RAY |
100 DAI | 52.40 RAY | 54.68 RAY | 57.52 RAY | 53.39 RAY |
500 DAI | 261.98 RAY | 273.40 RAY | 287.61 RAY | 266.93 RAY |
1,000 DAI | 523.96 RAY | 546.80 RAY | 575.21 RAY | 533.86 RAY |
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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.