About MATRIX and DAI
Matrix Labs is climbing, while Dai is falling this week. The current MATRIX to DAI conversion rate is 0.0003814. Inversely, this means that if you convert 1 DAI you will get 2,622.06 MATRIX. The conversion rate of MATRIX/DAI has increased by 0.01% in the last hour (DAI/MATRIX decreased by 0.01%). In the last 24 hours, MATRIX/DAI grew by 0.07%, while DAI/MATRIX shrunk by 0.07%.
The exchange rate of Matrix Labs is increasing. The current value of 1 MATRIX is 0.0003814 DAI. In other words, to buy 5 Matrix Labs, it would cost you 0.0019069 DAI. Inversely, 1 DAI would allow you to trade for 2,622.06 MATRIX while 50 DAI would convert to 131,102.99 MATRIX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 31.25%. Meanwhile, in the last 24 hours, the rate has changed by 0.05%, and that the highest exchange rate of 1 MATRIX to DAI was 0.0003819 DAI and the lowest 24 hour value was 1 MATRIX for 0.0003811 DAI. Last month, 1 MATRIX was worth 0.0004993 DAI. Today, it's down 23.61%. Looking back a year, Matrix Labs has changed by 0.000889 DAI. That means that in a single year, the value of Matrix Labs has shrank by 57.1%.
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 6:54 pm
0.5 MATRIX = 0.0001907 DAI |
1 MATRIX = 0.0003814 DAI |
5 MATRIX = 0.001907 DAI |
10 MATRIX = 0.003814 DAI |
50 MATRIX = 0.01907 DAI |
100 MATRIX = 0.03814 DAI |
500 MATRIX = 0.1907 DAI |
1,000 MATRIX = 0.3814 DAI |
DAI to MATRIX values from Today at 6:53 pm
0.5 DAI = 1,311.03 MATRIX |
1 DAI = 2,622.06 MATRIX |
5 DAI = 13,110.30 MATRIX |
10 DAI = 26,220.60 MATRIX |
50 DAI = 131,102.99 MATRIX |
100 DAI = 262,205.99 MATRIX |
500 DAI = 1,311,029.93 MATRIX |
1,000 DAI = 2,622,059.85 MATRIX |
MATRIX to DAI over time
MATRIX | Today | 24H 0.05% | 1M -30.91% | 1Y -133.10% |
|---|---|---|---|---|
0.5 MATRIX | 0.0001907 DAI | 0.0001906 DAI | 0.0002496 DAI | 0.0004445 DAI |
1 MATRIX | 0.0003814 DAI | 0.0003812 DAI | 0.0004993 DAI | 0.000889 DAI |
5 MATRIX | 0.001907 DAI | 0.001906 DAI | 0.002496 DAI | 0.004445 DAI |
10 MATRIX | 0.003814 DAI | 0.003812 DAI | 0.004993 DAI | 0.00889 DAI |
50 MATRIX | 0.01907 DAI | 0.01906 DAI | 0.02496 DAI | 0.04445 DAI |
100 MATRIX | 0.03814 DAI | 0.03812 DAI | 0.04993 DAI | 0.0889 DAI |
500 MATRIX | 0.1907 DAI | 0.1906 DAI | 0.2496 DAI | 0.4445 DAI |
1,000 MATRIX | 0.3814 DAI | 0.3812 DAI | 0.4993 DAI | 0.889 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.