Convert Wrapped Bitcoin WBTC to Raydium RAY
WBTC to RAY: 1 Wrapped Bitcoin converts to 46,449.72 RAY
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About WBTC and RAY
Wrapped Bitcoin is falling, while Raydium is climbing this week. The current WBTC to RAY conversion rate is 46,449.72. Inversely, this means that if you convert 1 RAY you will get 0.00002153 WBTC. The conversion rate of WBTC/RAY has increased by 1.21% in the last hour (RAY/WBTC decreased by 1.2%). In the last 24 hours, WBTC/RAY shrunk by 0.72%, while RAY/WBTC grew by 0.73%.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 46,449.72 RAY. In other words, to buy 5 Wrapped Bitcoin, it would cost you 232,248.60 RAY. Inversely, 1 RAY would allow you to trade for 0.00002153 WBTC while 50 RAY would convert to 0.001076 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.88%. Meanwhile, in the last 24 hours, the rate has changed by 0.23%, and that the highest exchange rate of 1 WBTC to RAY was 46,845.94 RAY and the lowest 24 hour value was 1 WBTC for 44,772.11 RAY. Last month, 1 WBTC was worth 42,557.26 RAY. Today, it's up 9.15%. Looking back a year, Wrapped Bitcoin has changed by 78,664.27 RAY. That means that in a single year, the value of Wrapped Bitcoin has shrank by 40.95%.
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
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
WBTC to RAY values from Today at 3:21 pm
0.5 WBTC = 23,224.86 RAY |
1 WBTC = 46,449.72 RAY |
5 WBTC = 232,248.60 RAY |
10 WBTC = 464,497.21 RAY |
50 WBTC = 2,322,486.03 RAY |
100 WBTC = 4,644,972.06 RAY |
500 WBTC = 23,224,860.29 RAY |
1,000 WBTC = 46,449,720.58 RAY |
RAY to WBTC values from Today at 3:22 pm
0.5 RAY = 0.00001076 WBTC |
1 RAY = 0.00002153 WBTC |
5 RAY = 0.0001076 WBTC |
10 RAY = 0.0002153 WBTC |
50 RAY = 0.001076 WBTC |
100 RAY = 0.002153 WBTC |
500 RAY = 0.01076 WBTC |
1,000 RAY = 0.02153 WBTC |
WBTC to RAY over time
WBTC | Today | 24H 0.23% | 1M 8.38% | 1Y -69.35% |
|---|---|---|---|---|
0.5 WBTC | 23,224.86 RAY | 23,172.00 RAY | 21,278.63 RAY | 39,332.13 RAY |
1 WBTC | 46,449.72 RAY | 46,344.00 RAY | 42,557.26 RAY | 78,664.27 RAY |
5 WBTC | 232,248.60 RAY | 231,719.98 RAY | 212,786.29 RAY | 393,321.35 RAY |
10 WBTC | 464,497.21 RAY | 463,439.95 RAY | 425,572.59 RAY | 786,642.70 RAY |
50 WBTC | 2,322,486.03 RAY | 2,317,199.77 RAY | 2,127,862.93 RAY | 3,933,213.48 RAY |
100 WBTC | 4,644,972.06 RAY | 4,634,399.53 RAY | 4,255,725.87 RAY | 7,866,426.96 RAY |
500 WBTC | 23,224,860.29 RAY | 23,171,997.67 RAY | 21,278,629.33 RAY | 39,332,134.82 RAY |
1,000 WBTC | 46,449,720.58 RAY | 46,343,995.34 RAY | 42,557,258.65 RAY | 78,664,269.64 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.