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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About GEM and RAY
Gems is falling, while Raydium is climbing this week. The current GEM to RAY conversion rate is 0.00001659. Inversely, this means that if you convert 1 RAY you will get 60,288.74 GEM. The conversion rate of GEM/RAY has decreased by 0.06% in the last hour (RAY/GEM increased by 0.06%). In the last 24 hours, GEM/RAY shrunk by 0.92%, while RAY/GEM grew by the same amount.
The exchange rate of Gems is decreasing. The current value of 1 GEM is 0.00001659 RAY. In other words, to buy 5 Gems, it would cost you 0.00008293 RAY. Inversely, 1 RAY would allow you to trade for 60,288.74 GEM while 50 RAY would convert to 3,014,436.94 GEM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.7%. Meanwhile, in the last 24 hours, the rate has changed by 1.18%, and that the highest exchange rate of 1 GEM to RAY was 0.00001708 RAY and the lowest 24 hour value was 1 GEM for 0.00001657 RAY. Last month, 1 GEM was worth 0.00001598 RAY. Today, it's up 3.64%. Looking back a year, Gems has changed by 0.000003649 RAY. That means that in a single year, the value of Gems has grown by 78%.
Gems Market Stats
Gems is a protocol for contracting workers to perform micro tasks. Workers stake tokens in order to prove validity of their tasks and earn a reusable computed trust score, enhancing the cost-efficiency of the network while democratizing access to scalable micro task workers. Gems, a decentralized, open-sourced, human task crowdsourcing protocol built on top of the Ethereum blockchain. Using the Gems Protocol, anyone can tap into the power of scalable micro task workers without needing to worry about task verification, trust, or payments. Gems is designed to disincentivize malicious actors and reward fair players. The Gems Protocol is comprised of a staking mechanism to ensure task completion, a trust mechanism to track worker integrity, and a payment system to reduce transaction fees. The GEM token, a multi-utility token, fuels the Gems Protocol. Gems uses its token mechanism to enforce the behavior of all participants, instead of being regulated by a single operator. Gems Protocol, aptly named the Gems Platform. The Gems Platform connects those who want work done (henceforth known as “requesters”) and human workers (henceforth known as “miners”). By using the Gems Protocol, the Gems Platform removes socioeconomic barriers that exist in centralized alternatives (e.g. large fees, market inefficiencies, need for bank accountants, etc.). Anyone can build on top of the Gems Platform, creating “modules” that are interfaces for particular human tasks. The first module the Gems team will build focuses on labeling data for AI.
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
GEM to RAY values from Today at 1:55 pm
0.5 GEM = 0.000008293 RAY |
1 GEM = 0.00001659 RAY |
5 GEM = 0.00008293 RAY |
10 GEM = 0.0001659 RAY |
50 GEM = 0.0008293 RAY |
100 GEM = 0.001659 RAY |
500 GEM = 0.008293 RAY |
1,000 GEM = 0.01659 RAY |
RAY to GEM values from Today at 1:56 pm
0.5 RAY = 30,144.37 GEM |
1 RAY = 60,288.74 GEM |
5 RAY = 301,443.69 GEM |
10 RAY = 602,887.39 GEM |
50 RAY = 3,014,436.94 GEM |
100 RAY = 6,028,873.89 GEM |
500 RAY = 30,144,369.44 GEM |
1,000 RAY = 60,288,738.88 GEM |
GEM to RAY over time
GEM | Today | 24H -1.18% | 1M 3.64% | 1Y 78.00% |
|---|---|---|---|---|
0.5 GEM | 0.000008293 RAY | 0.000008391 RAY | 0.000007992 RAY | 0.000001824 RAY |
1 GEM | 0.00001659 RAY | 0.00001678 RAY | 0.00001598 RAY | 0.000003649 RAY |
5 GEM | 0.00008293 RAY | 0.00008391 RAY | 0.00007992 RAY | 0.00001824 RAY |
10 GEM | 0.0001659 RAY | 0.0001678 RAY | 0.0001598 RAY | 0.00003649 RAY |
50 GEM | 0.0008293 RAY | 0.0008391 RAY | 0.0007992 RAY | 0.0001824 RAY |
100 GEM | 0.001659 RAY | 0.001678 RAY | 0.001598 RAY | 0.0003649 RAY |
500 GEM | 0.008293 RAY | 0.008391 RAY | 0.007992 RAY | 0.001824 RAY |
1,000 GEM | 0.01659 RAY | 0.01678 RAY | 0.01598 RAY | 0.003649 RAY |
Frequently asked questions
Right now, 1 Gems is worth about €0.000008739.
Based on the current rate, you could get 114,429.58 GEM for 1 EUR.
You can use our GEM to EUR calculator at the top of this page to convert any amount of GEM to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 572,147.90 GEM. Inversely, 5 GEM will cost about €0.00004369
Gems can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Gems.
There are a number of crypto assets that have the a similar or comparable market cap to Gems, including , , and . For a more robust list of assets to explore, jump to the asset page dedicated to Gems.
Buy Gems with Coinbase
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