Convert Dai DAI to Frax Price Index Share FPIS
1 DAI converts to 11.39 FPIS
About DAI and FPIS
Dai is climbing, while Frax Price Index Share is falling this week. The current DAI to FPIS conversion rate is 11.39. Inversely, this means that if you convert 1 FPIS you will get 0.08781 DAI. The conversion rate of DAI/FPIS has decreased by 0.02% in the last hour (FPIS/DAI increased by 0.02%). In the last 24 hours, DAI/FPIS grew by 0.24%, while FPIS/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 11.39 FPIS. In other words, to buy 5 Dai, it would cost you 56.94 FPIS. Inversely, 1 FPIS would allow you to trade for 0.08781 DAI while 50 FPIS would convert to 4.39 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 7.08%. Meanwhile, in the last 24 hours, the rate has changed by 0.19%, which means that the highest exchange rate of 1 DAI to FPIS was 11.46 FPIS and the lowest 24 hour value was 1 DAI for 11.30 FPIS. Last month, 1 DAI was worth 8.70 FPIS. Today, it's up 23.57%. Looking back a year, Dai has changed by 2.10 FPIS. That means that in a single year, the value of Dai has grown by 81.59%.
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.
Frax Price Index Share Market Stats
The Frax Price Index Share (FPIS) token is the governance token of the Frax Price Index (FPI) system, which is also entitled to seigniorage from the protocol. Excess yield will be directed from the treasury to FPIS holders, similar to Frax Finance's FXS structure.
Conversion tables
DAI to FPIS values from Today at 5:50 am
0.5 DAI = 5.69 FPIS |
1 DAI = 11.39 FPIS |
5 DAI = 56.94 FPIS |
10 DAI = 113.89 FPIS |
50 DAI = 569.44 FPIS |
100 DAI = 1,138.88 FPIS |
500 DAI = 5,694.39 FPIS |
1,000 DAI = 11,388.79 FPIS |
FPIS to DAI values from Today at 5:49 am
0.5 FPIS = 0.0439 DAI |
1 FPIS = 0.08781 DAI |
5 FPIS = 0.439 DAI |
10 FPIS = 0.8781 DAI |
50 FPIS = 4.39 DAI |
100 FPIS = 8.78 DAI |
500 FPIS = 43.90 DAI |
1,000 FPIS = 87.81 DAI |
DAI to FPIS over time
DAI | Today | 24H 0.19% | 1M 23.57% | 1Y 81.59% |
|---|---|---|---|---|
0.5 DAI | 5.69 FPIS | 5.68 FPIS | 4.35 FPIS | 1.05 FPIS |
1 DAI | 11.39 FPIS | 11.37 FPIS | 8.70 FPIS | 2.10 FPIS |
5 DAI | 56.94 FPIS | 56.83 FPIS | 43.52 FPIS | 10.49 FPIS |
10 DAI | 113.89 FPIS | 113.67 FPIS | 87.05 FPIS | 20.97 FPIS |
50 DAI | 569.44 FPIS | 568.33 FPIS | 435.23 FPIS | 104.86 FPIS |
100 DAI | 1,138.88 FPIS | 1,136.66 FPIS | 870.46 FPIS | 209.71 FPIS |
500 DAI | 5,694.39 FPIS | 5,683.31 FPIS | 4,352.28 FPIS | 1,048.55 FPIS |
1,000 DAI | 11,388.79 FPIS | 11,366.62 FPIS | 8,704.55 FPIS | 2,097.11 FPIS |
Frequently asked questions
Right now, 1 Dai is worth about $0.9997.
Based on the current rate, you could get 1.00 DAI for 1 USD.
Dai price has been on the rise. Since yesterday, the exchange rate of Dai has increased. Since last month, the exchange rate of Dai has decreased. Since this time last year, the price of Dai has decreased.
You can use our DAI to USD calculator at the top of this page to convert any amount of DAI to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5.00 DAI. Inversely, 5 DAI will cost about $5.00
Dai is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Dai.
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