About DAI and SB
Dai is climbing, while Snowbank is falling this week. The current DAI to SB conversion rate is 0.004576. Inversely, this means that if you convert 1 SB you will get 218.52 DAI. The conversion rate of DAI/SB has increased by 1.7% in the last hour (SB/DAI decreased by 1.7%). In the last 24 hours, DAI/SB grew by 1.91%, while SB/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 0.004576 SB. In other words, to buy 5 Dai, it would cost you 0.022882 SB. Inversely, 1 SB would allow you to trade for 218.52 DAI while 50 SB would convert to 10,925.84 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.62%. Meanwhile, in the last 24 hours, the rate has changed by 1.97%, which means that the highest exchange rate of 1 DAI to SB was 0.004653 SB and the lowest 24 hour value was 1 DAI for 0.004483 SB. Last month, 1 DAI was worth 0.004506 SB. Today, it's up 1.53%. Looking back a year, Dai has changed by 0.00344 SB. That means that in a single year, the value of Dai has grown by 24.83%.
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.
Snowbank Market Stats
Snowbank DAO is the decentralized reserve currency protocol available on the Avalanche Network based on the SB token. Each SB token is backed by a basket of assets (e.g., MIM, SB-AVAX LP Tokens etc etc) in the Snowbank DAO treasury, giving it an intrinsic value that it cannot fall below. Snowbank DAO also introduces economic and game-theoretic dynamics into the market through staking and minting.
Conversion tables
DAI to SB values from Today at 7:04 pm
0.5 DAI = 0.002288 SB |
1 DAI = 0.004576 SB |
5 DAI = 0.02288 SB |
10 DAI = 0.04576 SB |
50 DAI = 0.2288 SB |
100 DAI = 0.4576 SB |
500 DAI = 2.29 SB |
1,000 DAI = 4.58 SB |
SB to DAI values from Today at 7:03 pm
0.5 SB = 109.26 DAI |
1 SB = 218.52 DAI |
5 SB = 1,092.58 DAI |
10 SB = 2,185.17 DAI |
50 SB = 10,925.84 DAI |
100 SB = 21,851.67 DAI |
500 SB = 109,258.36 DAI |
1,000 SB = 218,516.73 DAI |
DAI to SB over time
DAI | Today | 24H 1.97% | 1M 1.53% | 1Y 24.83% |
|---|---|---|---|---|
0.5 DAI | 0.002288 SB | 0.002243 SB | 0.002253 SB | 0.00172 SB |
1 DAI | 0.004576 SB | 0.004486 SB | 0.004506 SB | 0.00344 SB |
5 DAI | 0.02288 SB | 0.02243 SB | 0.02253 SB | 0.0172 SB |
10 DAI | 0.04576 SB | 0.04486 SB | 0.04506 SB | 0.0344 SB |
50 DAI | 0.2288 SB | 0.2243 SB | 0.2253 SB | 0.172 SB |
100 DAI | 0.4576 SB | 0.4486 SB | 0.4506 SB | 0.344 SB |
500 DAI | 2.29 SB | 2.24 SB | 2.25 SB | 1.72 SB |
1,000 DAI | 4.58 SB | 4.49 SB | 4.51 SB | 3.44 SB |
Frequently asked questions
Right now, 1 Dai is worth about $0.9996.
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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