Convert Dai DAI to Staked Frax USD SFRXUSD
DAI to SFRXUSD: 1 Dai converts to 0.8342 SFRXUSD
About DAI and SFRXUSD
Dai is falling, while Staked Frax USD is climbing this week. The current DAI to SFRXUSD conversion rate is 0.8342. Inversely, this means that if you convert 1 SFRXUSD you will get 1.20 DAI. The conversion rate of DAI/SFRXUSD has decreased by 0.03% in the last hour (SFRXUSD/DAI increased by 0.03%). In the last 24 hours, DAI/SFRXUSD shrunk by 0.04%, while SFRXUSD/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 0.8342 SFRXUSD. In other words, to buy 5 Dai, it would cost you 4.1708 SFRXUSD. Inversely, 1 SFRXUSD would allow you to trade for 1.20 DAI while 50 SFRXUSD would convert to 59.94 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.03%. Meanwhile, in the last 24 hours, the rate has changed by 0.03%, and that the highest exchange rate of 1 DAI to SFRXUSD was 0.835 SFRXUSD and the lowest 24 hour value was 1 DAI for 0.8339 SFRXUSD. Last month, 1 DAI was worth 0.8356 SFRXUSD. Today, it's down 0.17%. Looking back a year, Dai has changed by 0.8794 SFRXUSD. That means that in a single year, the value of Dai has shrank by 5.43%.
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.
Staked Frax USD Market Stats
Staked Frax USD (sfrxUSD) is the yielding stablecoin implemented as an ERC4626 token. sfrxUSD is fully redeemable for frxUSD at an increasing rate proportional to the yield mechanism (described below). sfrxUSD is not rebasing and can always be redeemed for the underlying frxUSD with no unstaking fee or price impact. sfrxUSD is unique in yielding design in that it targets a benchmark-rate strategy that alternates between the best of three governance-approved strategies: carry-trade, algorithmic market operations (AMOs), and the Interest on Reserve Balances/T-Bill (IORB) rate. This insures that sfrxUSD’s APY is the most competitive yield onchain.
Conversion tables
DAI to SFRXUSD values from Today at 2:24 am
0.5 DAI = 0.4171 SFRXUSD |
1 DAI = 0.8342 SFRXUSD |
5 DAI = 4.17 SFRXUSD |
10 DAI = 8.34 SFRXUSD |
50 DAI = 41.71 SFRXUSD |
100 DAI = 83.42 SFRXUSD |
500 DAI = 417.08 SFRXUSD |
1,000 DAI = 834.17 SFRXUSD |
SFRXUSD to DAI values from Today at 2:24 am
0.5 SFRXUSD = 0.5994 DAI |
1 SFRXUSD = 1.20 DAI |
5 SFRXUSD = 5.99 DAI |
10 SFRXUSD = 11.99 DAI |
50 SFRXUSD = 59.94 DAI |
100 SFRXUSD = 119.88 DAI |
500 SFRXUSD = 599.40 DAI |
1,000 SFRXUSD = 1,198.80 DAI |
DAI to SFRXUSD over time
DAI | Today | 24H -0.03% | 1M -0.17% | 1Y -5.43% |
|---|---|---|---|---|
0.5 DAI | 0.4171 SFRXUSD | 0.4172 SFRXUSD | 0.4178 SFRXUSD | 0.4397 SFRXUSD |
1 DAI | 0.8342 SFRXUSD | 0.8345 SFRXUSD | 0.8356 SFRXUSD | 0.8794 SFRXUSD |
5 DAI | 4.17 SFRXUSD | 4.17 SFRXUSD | 4.18 SFRXUSD | 4.40 SFRXUSD |
10 DAI | 8.34 SFRXUSD | 8.34 SFRXUSD | 8.36 SFRXUSD | 8.79 SFRXUSD |
50 DAI | 41.71 SFRXUSD | 41.72 SFRXUSD | 41.78 SFRXUSD | 43.97 SFRXUSD |
100 DAI | 83.42 SFRXUSD | 83.45 SFRXUSD | 83.56 SFRXUSD | 87.94 SFRXUSD |
500 DAI | 417.08 SFRXUSD | 417.23 SFRXUSD | 417.80 SFRXUSD | 439.72 SFRXUSD |
1,000 DAI | 834.17 SFRXUSD | 834.46 SFRXUSD | 835.61 SFRXUSD | 879.45 SFRXUSD |
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 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, Ethena USDe, and Cardano. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
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