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About RAY and DAI
Raydium is falling, while Dai is climbing this week. The current RAY to DAI conversion rate is 2.01. Inversely, this means that if you convert 1 DAI you will get 0.4983 RAY. The conversion rate of RAY/DAI has decreased by 1.44% in the last hour (DAI/RAY increased by 1.44%). In the last 24 hours, RAY/DAI shrunk by 4.22%, while DAI/RAY grew by the same amount.
The exchange rate of Raydium is decreasing. The current value of 1 RAY is 2.01 DAI. In other words, to buy 5 Raydium, it would cost you 10.04 DAI. Inversely, 1 DAI would allow you to trade for 0.4983 RAY while 50 DAI would convert to 24.91 RAY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.89%. Meanwhile, in the last 24 hours, the rate has changed by 4.54%, which means that the highest exchange rate of 1 RAY to DAI was 2.14 DAI and the lowest 24 hour value was 1 RAY for 2.00 DAI. Last month, 1 RAY was worth 0.8319 DAI. Today, it's up 58.55%. Looking back a year, Raydium has changed by 3.00 DAI. That means that in a single year, the value of Raydium has shrank by 49.68%.
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.
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
RAY to DAI values from Today at 3:22 pm
0.5 RAY = 1.00 DAI |
1 RAY = 2.01 DAI |
5 RAY = 10.04 DAI |
10 RAY = 20.07 DAI |
50 RAY = 100.35 DAI |
100 RAY = 200.70 DAI |
500 RAY = 1,003.51 DAI |
1,000 RAY = 2,007.02 DAI |
DAI to RAY values from Today at 3:23 pm
0.5 DAI = 0.2491 RAY |
1 DAI = 0.4983 RAY |
5 DAI = 2.49 RAY |
10 DAI = 4.98 RAY |
50 DAI = 24.91 RAY |
100 DAI = 49.83 RAY |
500 DAI = 249.13 RAY |
1,000 DAI = 498.25 RAY |
RAY to DAI over time
RAY | Today | 24H -4.54% | 1M 58.55% | 1Y -49.68% |
|---|---|---|---|---|
0.5 RAY | 1.00 DAI | 1.05 DAI | 0.416 DAI | 1.50 DAI |
1 RAY | 2.01 DAI | 2.10 DAI | 0.8319 DAI | 3.00 DAI |
5 RAY | 10.04 DAI | 10.49 DAI | 4.16 DAI | 15.02 DAI |
10 RAY | 20.07 DAI | 20.98 DAI | 8.32 DAI | 30.04 DAI |
50 RAY | 100.35 DAI | 104.91 DAI | 41.60 DAI | 150.20 DAI |
100 RAY | 200.70 DAI | 209.82 DAI | 83.19 DAI | 300.41 DAI |
500 RAY | 1,003.51 DAI | 1,049.09 DAI | 415.96 DAI | 1,502.03 DAI |
1,000 RAY | 2,007.02 DAI | 2,098.19 DAI | 831.92 DAI | 3,004.07 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.