Convert Mountain Protocol USDM to Raydium RAY
USDM to RAY: 1 Mountain Protocol converts to 0.5773 RAY
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About USDM and RAY
Mountain Protocol is climbing, while Raydium is falling this week. The current USDM to RAY conversion rate is 0.5773. Inversely, this means that if you convert 1 RAY you will get 1.73 USDM. The conversion rate of USDM/RAY has increased by 1.44% in the last hour (RAY/USDM decreased by 1.42%). In the last 24 hours, USDM/RAY grew by 1.65%, while RAY/USDM shrunk by 1.63%.
The exchange rate of Mountain Protocol is increasing. The current value of 1 USDM is 0.5773 RAY. In other words, to buy 5 Mountain Protocol, it would cost you 2.8866 RAY. Inversely, 1 RAY would allow you to trade for 1.73 USDM while 50 RAY would convert to 86.61 USDM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.62%. Meanwhile, in the last 24 hours, the rate has changed by 1.6%, and that the highest exchange rate of 1 USDM to RAY was 0.579 RAY and the lowest 24 hour value was 1 USDM for 0.5501 RAY. Last month, 1 USDM was worth 0.4489 RAY. Today, it's up 28.62%. Looking back a year, Mountain Protocol has changed by 0.707 RAY. That means that in a single year, the value of Mountain Protocol has shrank by 18.34%.
Mountain Protocol Market Stats
The USDM token is a rebasing ERC20 token, redeemable at a pegged 1:1 USD value by primary users. USDM is a fully backed stablecoin, backed by "USDM Reserves", which are held under custody with regulated financial institutions in bankruptcy-remote accounts, segregated from the Company's operating accounts, on behalf of, and for the benefit of, Users. USDM rebases daily, allowing users to receive rewards. These rewards are generated by the interest paid by the US Treasuries held in the USDM Reserves.
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
USDM to RAY values from Today at 5:43 pm
0.5 USDM = 0.2887 RAY |
1 USDM = 0.5773 RAY |
5 USDM = 2.89 RAY |
10 USDM = 5.77 RAY |
50 USDM = 28.87 RAY |
100 USDM = 57.73 RAY |
500 USDM = 288.66 RAY |
1,000 USDM = 577.31 RAY |
RAY to USDM values from Today at 5:43 pm
0.5 RAY = 0.8661 USDM |
1 RAY = 1.73 USDM |
5 RAY = 8.66 USDM |
10 RAY = 17.32 USDM |
50 RAY = 86.61 USDM |
100 RAY = 173.22 USDM |
500 RAY = 866.08 USDM |
1,000 RAY = 1,732.16 USDM |
USDM to RAY over time
USDM | Today | 24H 1.58% | 1M 22.25% | 1Y -22.46% |
|---|---|---|---|---|
0.5 USDM | 0.2887 RAY | 0.2841 RAY | 0.2244 RAY | 0.3535 RAY |
1 USDM | 0.5773 RAY | 0.5682 RAY | 0.4489 RAY | 0.707 RAY |
5 USDM | 2.89 RAY | 2.84 RAY | 2.24 RAY | 3.54 RAY |
10 USDM | 5.77 RAY | 5.68 RAY | 4.49 RAY | 7.07 RAY |
50 USDM | 28.87 RAY | 28.41 RAY | 22.44 RAY | 35.35 RAY |
100 USDM | 57.73 RAY | 56.82 RAY | 44.89 RAY | 70.70 RAY |
500 USDM | 288.66 RAY | 284.11 RAY | 224.43 RAY | 353.50 RAY |
1,000 USDM | 577.31 RAY | 568.21 RAY | 448.86 RAY | 707.01 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.