WBTC/RAY: Convert and Swap Wrapped Bitcoin (WBTC) to Raydium (RAY)
1 Wrapped Bitcoin equals 38,705.74 Raydium
Last update: 6:53 AM, September 20, 2024
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The current WBTC to RAY conversion rate is 38,705.74. Inversely, this means that if you convert 1 RAY you will get 0 WBTC.
The conversion rate of WBTC/RAY has decreased by 0.61% in the last hour and shrunk by 4.5% in the last 24 hours.
Overview
About Wrapped Bitcoin (WBTC)
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.
Resources
About Raydium (RAY)
RAY is a Solana token that powers the Raydium network. Raydium is an Automated Market Maker (AMM), decentralized exchange (DEX) and a token launchpad platform hosted on the Solana blockchain. The RAY token offers users many uses, including earning protocol fees, staking and receiving allocations to token launch events.
Resources
Market
Conversion tables
WBTC to RAY
Amount (WBTC) | Amount (RAY) |
---|---|
0.5 WBTC | 19,352.87 RAY |
1 WBTC | 38,705.74 RAY |
5 WBTC | 193,528.68 RAY |
10 WBTC | 387,057.36 RAY |
50 WBTC | 1,935,286.82 RAY |
100 WBTC | 3,870,573.64 RAY |
500 WBTC | 19,352,868.19 RAY |
1,000 WBTC | 38,705,736.38 RAY |
RAY to WBTC
Amount (RAY) | Amount (WBTC) |
---|---|
0.5 RAY | 0.000013 WBTC |
1 RAY | 0.000026 WBTC |
5 RAY | 0.000129 WBTC |
10 RAY | 0.000258 WBTC |
50 RAY | 0.0013 WBTC |
100 RAY | 0.0026 WBTC |
500 RAY | 0.0129 WBTC |
1,000 RAY | 0.0258 WBTC |
Last update: September 20, 2024 at 6:53 AM |
WBTC to RAY history
24 hours ago | Change (24h) | 1 week ago | Change (1W) | 1 month ago | Change (1M) | 1 year ago | Change (1Y) |
---|---|---|---|---|---|---|---|
40,507.37 RAY | -4.65% | 38,969.56 RAY | -0.68% | 34,561.52 RAY | +10.71% | 157,292.09 RAY | -306.38% |
Last update: September 20, 2024 at 6:53 AM |
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