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About DAI and PENDLE
Dai is falling, while Pendle is climbing this week. The current DAI to PENDLE conversion rate is 0.4169. Inversely, this means that if you convert 1 PENDLE you will get 2.40 DAI. The conversion rate of DAI/PENDLE has increased by 0.64% in the last hour (PENDLE/DAI decreased by 0.64%). In the last 24 hours, DAI/PENDLE shrunk by 15.27%, while PENDLE/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 0.4169 PENDLE. In other words, to buy 5 Dai, it would cost you 2.0844 PENDLE. Inversely, 1 PENDLE would allow you to trade for 2.40 DAI while 50 PENDLE would convert to 119.94 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 7.7%. Meanwhile, in the last 24 hours, the rate has changed by 15.13%, and that the highest exchange rate of 1 DAI to PENDLE was 0.48 PENDLE and the lowest 24 hour value was 1 DAI for 0.3872 PENDLE. Last month, 1 DAI was worth 0.7669 PENDLE. Today, it's down 83.95%. Looking back a year, Dai has changed by 0.2025 PENDLE. That means that in a single year, the value of Dai has grown by 51.43%.
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.
Pendle Market Stats
Pendle is a permissionless yield-trading protocol where users can execute various yield-management strategies. Pendle's governance relies on Vote-escrowed PENDLE, also known as vePENDLE, which enables a higher degree of decentralization. By utilizing vePENDLE, PENDLE holders gain access to an array of features that increase the token's utility.
Conversion tables
DAI to PENDLE values from Today at 10:53 pm
0.5 DAI = 0.2084 PENDLE |
1 DAI = 0.4169 PENDLE |
5 DAI = 2.08 PENDLE |
10 DAI = 4.17 PENDLE |
50 DAI = 20.84 PENDLE |
100 DAI = 41.69 PENDLE |
500 DAI = 208.44 PENDLE |
1,000 DAI = 416.88 PENDLE |
PENDLE to DAI values from Today at 10:54 pm
0.5 PENDLE = 1.20 DAI |
1 PENDLE = 2.40 DAI |
5 PENDLE = 11.99 DAI |
10 PENDLE = 23.99 DAI |
50 PENDLE = 119.94 DAI |
100 PENDLE = 239.88 DAI |
500 PENDLE = 1,199.39 DAI |
1,000 PENDLE = 2,398.78 DAI |
DAI to PENDLE over time
DAI | Today | 24H -15.13% | 1M -83.95% | 1Y 51.43% |
|---|---|---|---|---|
0.5 DAI | 0.2084 PENDLE | 0.24 PENDLE | 0.3834 PENDLE | 0.1012 PENDLE |
1 DAI | 0.4169 PENDLE | 0.48 PENDLE | 0.7669 PENDLE | 0.2025 PENDLE |
5 DAI | 2.08 PENDLE | 2.40 PENDLE | 3.83 PENDLE | 1.01 PENDLE |
10 DAI | 4.17 PENDLE | 4.80 PENDLE | 7.67 PENDLE | 2.02 PENDLE |
50 DAI | 20.84 PENDLE | 24.00 PENDLE | 38.34 PENDLE | 10.12 PENDLE |
100 DAI | 41.69 PENDLE | 48.00 PENDLE | 76.69 PENDLE | 20.25 PENDLE |
500 DAI | 208.44 PENDLE | 239.98 PENDLE | 383.43 PENDLE | 101.23 PENDLE |
1,000 DAI | 416.88 PENDLE | 479.95 PENDLE | 766.86 PENDLE | 202.46 PENDLE |
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 Ethena USDe, Bitcoin Cash, and Stellar Lumens. 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.