Convert Dai DAI to Paxos Standard PAX
1 DAI converts to 1.00 PAX
Earn up to $2,000 when you buy $50 in crypto¹
Restrictions apply, see full terms.
Restrictions apply, see full terms.
About DAI and PAX
Dai is climbing, while Paxos Standard is falling this week. The current DAI to PAX conversion rate is 1.00. Inversely, this means that if you convert 1 PAX you will get 0.9977 DAI. The conversion rate of DAI/PAX has decreased by 0.01% in the last hour (PAX/DAI increased by 0.01%). In the last 24 hours, DAI/PAX grew by 0.07%, while PAX/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 1.00 PAX. In other words, to buy 5 Dai, it would cost you 5.01 PAX. Inversely, 1 PAX would allow you to trade for 0.9977 DAI while 50 PAX would convert to 49.89 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0%. Meanwhile, in the last 24 hours, the rate has changed by 0.19%, and that the highest exchange rate of 1 DAI to PAX was 1.00 PAX and the lowest 24 hour value was 1 DAI for 1.00 PAX. Last month, 1 DAI was worth 0.9984 PAX. Today, it's up 0.39%. Looking back a year, Dai has changed by 1.00 PAX. That means that in a single year, the value of Dai has grown by 0.12%.
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.
Paxos Standard Market Stats
The Paxos Standard Token is a stablecoin running on Ethereum. For stablecoins like PAX, the company behind the protocol is responsible for holding reserves that fully back each token. The company behind PAX, Paxos Trust Company, claims to hold reserves that fully back each PAX.
Conversion tables
DAI to PAX values from Today at 8:55 pm
0.5 DAI = 0.5012 PAX |
1 DAI = 1.00 PAX |
5 DAI = 5.01 PAX |
10 DAI = 10.02 PAX |
50 DAI = 50.12 PAX |
100 DAI = 100.23 PAX |
500 DAI = 501.15 PAX |
1,000 DAI = 1,002.30 PAX |
PAX to DAI values from Today at 8:57 pm
0.5 PAX = 0.4989 DAI |
1 PAX = 0.9977 DAI |
5 PAX = 4.99 DAI |
10 PAX = 9.98 DAI |
50 PAX = 49.89 DAI |
100 PAX = 99.77 DAI |
500 PAX = 498.85 DAI |
1,000 PAX = 997.70 DAI |
DAI to PAX over time
DAI | Today | 24H 0.19% | 1M 0.39% | 1Y 0.12% |
|---|---|---|---|---|
0.5 DAI | 0.5012 PAX | 0.5002 PAX | 0.4992 PAX | 0.5006 PAX |
1 DAI | 1.00 PAX | 1.00 PAX | 0.9984 PAX | 1.00 PAX |
5 DAI | 5.01 PAX | 5.00 PAX | 4.99 PAX | 5.01 PAX |
10 DAI | 10.02 PAX | 10.00 PAX | 9.98 PAX | 10.01 PAX |
50 DAI | 50.12 PAX | 50.02 PAX | 49.92 PAX | 50.06 PAX |
100 DAI | 100.23 PAX | 100.04 PAX | 99.84 PAX | 100.11 PAX |
500 DAI | 501.15 PAX | 500.22 PAX | 499.18 PAX | 500.55 PAX |
1,000 DAI | 1,002.30 PAX | 1,000.44 PAX | 998.36 PAX | 1,001.10 PAX |
Frequently asked questions
Right now, 1 Dai is worth about $0.9994.
Based on the current rate, you could get 1.00 DAI for 1 USD.
Dai price has been declining. Since yesterday, the exchange rate of Dai has decreased. 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.
There are a number of crypto assets that have the a similar or comparable market cap to Dai, including Chainlink, World Liberty Financial USD, and Monero. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
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