About MATRIX and DAI
Matrix Labs is falling, while Dai is climbing this week. The current MATRIX to DAI conversion rate is 0.0003813. Inversely, this means that if you convert 1 DAI you will get 2,622.73 MATRIX. The conversion rate of MATRIX/DAI has decreased by 0.02% in the last hour (DAI/MATRIX increased by 0.02%). In the last 24 hours, MATRIX/DAI shrunk by 0.05%, while DAI/MATRIX grew by 0.05%.
The exchange rate of Matrix Labs is decreasing. The current value of 1 MATRIX is 0.0003813 DAI. In other words, to buy 5 Matrix Labs, it would cost you 0.0019064 DAI. Inversely, 1 DAI would allow you to trade for 2,622.73 MATRIX while 50 DAI would convert to 131,136.62 MATRIX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 31.24%. Meanwhile, in the last 24 hours, the rate has changed by 0.04%, 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 0.0003812 DAI. Last month, 1 MATRIX was worth 0.0004994 DAI. Today, it's down 23.66%. 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 57.11%.
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 8:54 pm
0.5 MATRIX = 0.0001906 DAI |
1 MATRIX = 0.0003813 DAI |
5 MATRIX = 0.001906 DAI |
10 MATRIX = 0.003813 DAI |
50 MATRIX = 0.01906 DAI |
100 MATRIX = 0.03813 DAI |
500 MATRIX = 0.1906 DAI |
1,000 MATRIX = 0.3813 DAI |
DAI to MATRIX values from Today at 8:51 pm
0.5 DAI = 1,311.37 MATRIX |
1 DAI = 2,622.73 MATRIX |
5 DAI = 13,113.66 MATRIX |
10 DAI = 26,227.32 MATRIX |
50 DAI = 131,136.62 MATRIX |
100 DAI = 262,273.24 MATRIX |
500 DAI = 1,311,366.20 MATRIX |
1,000 DAI = 2,622,732.39 MATRIX |
MATRIX to DAI over time
MATRIX | Today | 24H -0.04% | 1M -30.99% | 1Y -133.16% |
|---|---|---|---|---|
0.5 MATRIX | 0.0001906 DAI | 0.0001907 DAI | 0.0002497 DAI | 0.0004445 DAI |
1 MATRIX | 0.0003813 DAI | 0.0003814 DAI | 0.0004994 DAI | 0.000889 DAI |
5 MATRIX | 0.001906 DAI | 0.001907 DAI | 0.002497 DAI | 0.004445 DAI |
10 MATRIX | 0.003813 DAI | 0.003814 DAI | 0.004994 DAI | 0.00889 DAI |
50 MATRIX | 0.01906 DAI | 0.01907 DAI | 0.02497 DAI | 0.04445 DAI |
100 MATRIX | 0.03813 DAI | 0.03814 DAI | 0.04994 DAI | 0.0889 DAI |
500 MATRIX | 0.1906 DAI | 0.1907 DAI | 0.2497 DAI | 0.4445 DAI |
1,000 MATRIX | 0.3813 DAI | 0.3814 DAI | 0.4994 DAI | 0.889 DAI |
Frequently asked questions
Related conversions
Learn how to buy popular cryptocurrencies
Popular price predictions
Discover other cryptocurrencies to currency conversions
Discover other cryptocurrency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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.