About DAI and RBN
Dai is falling, while Ribbon Finance is climbing this week. The current DAI to RBN conversion rate is 52.99. Inversely, this means that if you convert 1 RBN you will get 0.01887 DAI. The conversion rate of DAI/RBN has increased by 0.02% in the last hour (RBN/DAI decreased by 0.02%). In the last 24 hours, DAI/RBN shrunk by 2.64%, while RBN/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 52.99 RBN. In other words, to buy 5 Dai, it would cost you 264.93 RBN. Inversely, 1 RBN would allow you to trade for 0.01887 DAI while 50 RBN would convert to 0.9436 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.37%. Meanwhile, in the last 24 hours, the rate has changed by 2.64%, and that the highest exchange rate of 1 DAI to RBN was 54.47 RBN and the lowest 24 hour value was 1 DAI for 52.97 RBN. Last month, 1 DAI was worth 51.30 RBN. Today, it's up 3.19%. Looking back a year, Dai has changed by 7.57 RBN. That means that in a single year, the value of Dai has grown by 85.71%.
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.
Ribbon Finance Market Stats
Please note: In July 2023 the Ribbon Finance decentralised autonomous organisation (DAO) voted to approve the merger of Ribbon Finance into Aevo. This requires various steps to take place, including a 1:1 swap of RBN tokens for AEVO tokens. The outcome of this merger is uncertain and may impact the value of RBN and/or AEVO tokens. Please visit https://www.coinbase.com/asset-risks for more information on asset risks. RBN is an Ethereum token that governs Ribbon Finance, a decentralized finance protocol designed to generate yield by combining options, futures, and fixed income to improve a portfolio's risk-return profile. RBN is the protocol’s governance token and can be used to vote on the future of the platform.
Conversion tables
DAI to RBN values from Today at 7:10 am
0.5 DAI = 26.49 RBN |
1 DAI = 52.99 RBN |
5 DAI = 264.93 RBN |
10 DAI = 529.86 RBN |
50 DAI = 2,649.32 RBN |
100 DAI = 5,298.64 RBN |
500 DAI = 26,493.18 RBN |
1,000 DAI = 52,986.35 RBN |
RBN to DAI values from Today at 7:08 am
0.5 RBN = 0.009436 DAI |
1 RBN = 0.01887 DAI |
5 RBN = 0.09436 DAI |
10 RBN = 0.1887 DAI |
50 RBN = 0.9436 DAI |
100 RBN = 1.89 DAI |
500 RBN = 9.44 DAI |
1,000 RBN = 18.87 DAI |
DAI to RBN over time
DAI | Today | 24H -2.64% | 1M 3.19% | 1Y 85.71% |
|---|---|---|---|---|
0.5 DAI | 26.49 RBN | 27.19 RBN | 25.65 RBN | 3.78 RBN |
1 DAI | 52.99 RBN | 54.39 RBN | 51.30 RBN | 7.57 RBN |
5 DAI | 264.93 RBN | 271.93 RBN | 256.48 RBN | 37.85 RBN |
10 DAI | 529.86 RBN | 543.87 RBN | 512.97 RBN | 75.70 RBN |
50 DAI | 2,649.32 RBN | 2,719.35 RBN | 2,564.83 RBN | 378.49 RBN |
100 DAI | 5,298.64 RBN | 5,438.69 RBN | 5,129.67 RBN | 756.97 RBN |
500 DAI | 26,493.18 RBN | 27,193.46 RBN | 25,648.34 RBN | 3,784.86 RBN |
1,000 DAI | 52,986.35 RBN | 54,386.92 RBN | 51,296.68 RBN | 7,569.72 RBN |
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 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 Bitcoin Cash, Toncoin, and Canton. 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.