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About DAI and PAXG
Dai is climbing, while PAX Gold is falling this week. The current DAI to PAXG conversion rate is 0.0002509. Inversely, this means that if you convert 1 PAXG you will get 3,985.37 DAI. The conversion rate of DAI/PAXG has increased by 0.28% in the last hour (PAXG/DAI decreased by 0.28%). In the last 24 hours, DAI/PAXG grew by 1.1%, while PAXG/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 0.0002509 PAXG. In other words, to buy 5 Dai, it would cost you 0.0012546 PAXG. Inversely, 1 PAXG would allow you to trade for 3,985.37 DAI while 50 PAXG would convert to 199,268.29 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.47%. Meanwhile, in the last 24 hours, the rate has changed by 1.11%, which means that the highest exchange rate of 1 DAI to PAXG was 0.0002517 PAXG and the lowest 24 hour value was 1 DAI for 0.0002456 PAXG. Last month, 1 DAI was worth 0.0002308 PAXG. Today, it's up 8.03%. Looking back a year, Dai has changed by 0.0002993 PAXG. That means that in a single year, the value of Dai has shrank by 19.28%.
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.
PAX Gold Market Stats
PAXG is a gold-backed stablecoin. Each PAXG token is backed by one fine troy ounce of gold, stored in LBMA vaults in London. PAXG holders own the underlying physical gold, held in custody by Paxos Trust Company.
Conversion tables
DAI to PAXG values from Today at 5:20 pm
0.5 DAI = 0.0001255 PAXG |
1 DAI = 0.0002509 PAXG |
5 DAI = 0.001255 PAXG |
10 DAI = 0.002509 PAXG |
50 DAI = 0.01255 PAXG |
100 DAI = 0.02509 PAXG |
500 DAI = 0.1255 PAXG |
1,000 DAI = 0.2509 PAXG |
PAXG to DAI values from Today at 5:21 pm
0.5 PAXG = 1,992.68 DAI |
1 PAXG = 3,985.37 DAI |
5 PAXG = 19,926.83 DAI |
10 PAXG = 39,853.66 DAI |
50 PAXG = 199,268.29 DAI |
100 PAXG = 398,536.57 DAI |
500 PAXG = 1,992,682.87 DAI |
1,000 PAXG = 3,985,365.73 DAI |
DAI to PAXG over time
DAI | Today | 24H 1.11% | 1M 8.03% | 1Y -19.28% |
|---|---|---|---|---|
0.5 DAI | 0.0001255 PAXG | 0.0001241 PAXG | 0.0001154 PAXG | 0.0001496 PAXG |
1 DAI | 0.0002509 PAXG | 0.0002481 PAXG | 0.0002308 PAXG | 0.0002993 PAXG |
5 DAI | 0.001255 PAXG | 0.001241 PAXG | 0.001154 PAXG | 0.001496 PAXG |
10 DAI | 0.002509 PAXG | 0.002481 PAXG | 0.002308 PAXG | 0.002993 PAXG |
50 DAI | 0.01255 PAXG | 0.01241 PAXG | 0.01154 PAXG | 0.01496 PAXG |
100 DAI | 0.02509 PAXG | 0.02481 PAXG | 0.02308 PAXG | 0.02993 PAXG |
500 DAI | 0.1255 PAXG | 0.1241 PAXG | 0.1154 PAXG | 0.1496 PAXG |
1,000 DAI | 0.2509 PAXG | 0.2481 PAXG | 0.2308 PAXG | 0.2993 PAXG |
Frequently asked questions
Right now, 1 Dai is worth about $0.9998.
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 increased. 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 Canton, Bitcoin Cash, and Cardano. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
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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.