Convert Railgun RAIL to LiraT TRYT
1 RAIL converts to 31.89 TRYT
About RAIL and TRYT
Railgun is falling, while LiraT is climbing this week. The current RAIL to TRYT conversion rate is 31.89. Inversely, this means that if you convert 1 TRYT you will get 0.03136 RAIL. The conversion rate of RAIL/TRYT has increased by 0.49% in the last hour (TRYT/RAIL decreased by 0.49%). In the last 24 hours, RAIL/TRYT shrunk by 0.6%, while TRYT/RAIL grew by the same amount.
The exchange rate of Railgun is decreasing. The current value of 1 RAIL is 31.89 TRYT. In other words, to buy 5 Railgun, it would cost you 159.44 TRYT. Inversely, 1 TRYT would allow you to trade for 0.03136 RAIL while 50 TRYT would convert to 1.57 RAIL, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 193.13%. Meanwhile, in the last 24 hours, the rate has changed by 168.87%, and that the highest exchange rate of 1 RAIL to TRYT was 85.75 TRYT and the lowest 24 hour value was 1 RAIL for 82.18 TRYT. Last month, 1 RAIL was worth 140.65 TRYT. Today, it's down 341.06%. Looking back a year, Railgun has changed by 41.10 TRYT. That means that in a single year, the value of Railgun has shrank by 28.89%.
Railgun Market Stats
RAILGUN secures privacy for DEX trading and lending. Built without any bridge or layer-2, RAILGUN is a smart contract system that gives zk-SNARK privacy to any transaction or smart contract interaction on Ethereum. Using RAILGUN means users can stay private when they trade, send tokens, and manage their on-chain activity. It allows any user to build up a private balance and trade through it without withdrawing. It is fully on-chain, so it does not trade off security by using a layer 2 node system or cross-chain bridges. RAIL is a utility token giving access to treasury rewards for stakers who then can vote for and against protocol updates. RAILGUN is currently on Ethereum, BSC, Polygon, and Arbitrum.
LiraT Market Stats
Launched in November 2022, LiraT (TRYT) is an asset-backed token redeemable 1:1 for 1 Turkish lira. Issued by Token Teknoloji Anonim Şirketi, this token is fully backed by Turkish lira on the blockchain at a 1:1 ratio and indexed to the price of Turkish lira. For every TRYT created, an equivalent amount of Turkish lira is held as collateral in the company's reserves. TRYT provides a cost-effective, fast and secure solution for global users, offering direct ownership with no storage costs and high accessibility for 24/7 transactions and transfers, regardless of geographical boundaries. Unlike fiat Turkish lira transaction limits in the market, there are no minimum transaction limits for TRYT. TRYT transactions are executed instantly and any amount of TRYT tokens can be converted to fiat currencies, ensuring quick and efficient transactions. TRYT is created and runs on the Avalanche C-Chain and Polygon blockchain, and it is compatible with all blockchain wallets that support EVM. It uses smart contracts to automatically manage the collateralization process. As the demand for TRYT tokens increases, Token Teknoloji Anonim Şirketi will add the equivalent amount of Turkish lira to its reserves for each TRYT token upon request from institutions wishing to meet their demand. This ensures that the 1:1 ratio between Turkish lira and TRYT is maintained whilst keeping the market in balance between supply and demand. And a coin burn function is built into the blockchain's smart contract to remove a pre-determined amount of TRYT tokens from circulation when needed, ensuring a balance between TRYT and the Turkish lira. Thanks to this mint-and-burn mechanism, the price of TRYT is always in equilibrium with the price of the Turkish lira.
Conversion tables
RAIL to TRYT values from Today at 12:49 am
0.5 RAIL = 15.94 TRYT |
1 RAIL = 31.89 TRYT |
5 RAIL = 159.44 TRYT |
10 RAIL = 318.89 TRYT |
50 RAIL = 1,594.44 TRYT |
100 RAIL = 3,188.88 TRYT |
500 RAIL = 15,944.39 TRYT |
1,000 RAIL = 31,888.78 TRYT |
TRYT to RAIL values from Today at
0.5 TRYT = 0.01568 RAIL |
1 TRYT = 0.03136 RAIL |
5 TRYT = 0.1568 RAIL |
10 TRYT = 0.3136 RAIL |
50 TRYT = 1.57 RAIL |
100 TRYT = 3.14 RAIL |
500 TRYT = 15.68 RAIL |
1,000 TRYT = 31.36 RAIL |
RAIL to TRYT over time
RAIL | Today | 24H -168.87% | 1M -341.06% | 1Y -28.89% |
|---|---|---|---|---|
0.5 RAIL | 15.94 TRYT | 42.87 TRYT | 70.32 TRYT | 20.55 TRYT |
1 RAIL | 31.89 TRYT | 85.74 TRYT | 140.65 TRYT | 41.10 TRYT |
5 RAIL | 159.44 TRYT | 428.69 TRYT | 703.24 TRYT | 205.51 TRYT |
10 RAIL | 318.89 TRYT | 857.38 TRYT | 1,406.47 TRYT | 411.01 TRYT |
50 RAIL | 1,594.44 TRYT | 4,286.89 TRYT | 7,032.37 TRYT | 2,055.07 TRYT |
100 RAIL | 3,188.88 TRYT | 8,573.79 TRYT | 14,064.75 TRYT | 4,110.14 TRYT |
500 RAIL | 15,944.39 TRYT | 42,868.94 TRYT | 70,323.75 TRYT | 20,550.72 TRYT |
1,000 RAIL | 31,888.78 TRYT | 85,737.88 TRYT | 140,647.49 TRYT | 41,101.44 TRYT |
Frequently asked questions
Right now, 1 Railgun is worth about MX$31.89.
Based on the current rate, you could get 0.03136 RAIL for 1 MXN.
Railgun price has been declining. Since yesterday, the exchange rate of Railgun has decreased. Since last month, the exchange rate of Railgun has decreased. Since this time last year, the price of Railgun has increased.
You can use our RAIL to MXN calculator at the top of this page to convert any amount of RAIL to MXN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MXN is equivalent to 0.1568 RAIL. Inversely, 5 RAIL will cost about MX$159.44
Railgun can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Railgun.
There are a number of crypto assets that have the a similar or comparable market cap to Railgun, including World Mobile Token, BOOK OF MEME, and Fabric Protocol. For a more robust list of assets to explore, jump to the asset page dedicated to Railgun.
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