About EFI and DAI
Efinity Token is climbing, while Dai is falling this week. The current EFI to DAI conversion rate is 0.00528. Inversely, this means that if you convert 1 DAI you will get 189.41 EFI. The conversion rate of EFI/DAI has increased by 0.01% in the last hour (DAI/EFI decreased by 0.01%). In the last 24 hours, EFI/DAI grew by 0.8%, while DAI/EFI shrunk by the same amount.
The exchange rate of Efinity Token is increasing. The current value of 1 EFI is 0.00528 DAI. In other words, to buy 5 Efinity Token, it would cost you 0.026398 DAI. Inversely, 1 DAI would allow you to trade for 189.41 EFI while 50 DAI would convert to 9,470.43 EFI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.88%. Meanwhile, in the last 24 hours, the rate has changed by 0.74%, and that the highest exchange rate of 1 EFI to DAI was 0.00528 DAI and the lowest 24 hour value was 1 EFI for 0.005239 DAI. Last month, 1 EFI was worth 0.006594 DAI. Today, it's down 24.89%. Looking back a year, Efinity Token has changed by 0.1044 DAI. That means that in a single year, the value of Efinity Token has shrank by 1,876.78%.
Efinity Token Market Stats
Efinity is an blockchain for non-fungible tokens (NFTs) developed by Enjin. Enjin pioneered the NFT industry in 2017, authoring ERC-1155, the groundbreaking NFT token standard, and launching the first NFT creation platform. Efinity is the world’s cross-chain NFT blockchain. Powered by the deflationary Efinity Token (EFI), the network is environmentally friendly, scalable, and built for games, apps, enterprises, and creators to deliver their own non-fungible tokens to mainstream audiences. Built on Polkadot in partnership with Parity Technologies and the Web3 Foundation, Efinity is a new blockchain that's purpose-built for NFTs. It's a token highway designed to enable a specific kind of future—where NFTs are as widespread and easy to use as smartphones today. Featuring transaction fee delegation, smart contracts, fuel tanks, crafting, discrete accounts, instant swaps, native multisig, price discovery, cross-chain marketplaces, and a NFT launchpad. Efinity’s transactions are confirmed in 6 seconds and scale to 1000 TPS; in comparison, the Ethereum network currently runs at around 15 TPS. Efinity will enable NFTs to be utilized by virtually any industry, unlocking trillions of dollars in currently illiquid and unique real-world and digital assets. Efinity is developed as a parachain on Polkadot, the next-generation, fully decentralized network that is solving the largest issues facing blockchains today, including interoperability, scalability, speed, security, privacy, developability and governance. Efinity Token (EFI), Efinity’s deflationary token is designed for transaction fees, liquidity, and rewards. Featuring community governance for EFI holders to submit and vote on proposals to steer the future of the network. Efinity’s network fees, marketplace commissions, cross-chain bridging tolls, and smart contract fees will go towards yield that can be earned by staking and infusing Enjin Coin (ENJ) and participating in trading and discovering NFTs. ENJ is a critical part of the solution, allowing any user to nominate the most efficient collator nodes that run the Efinity blockchain. Additionally, EFI will be a core utility of NFT.io, a next generation multi-chain NFT launchpad and marketplace. Earned EFI will be required to farm exclusive NFTs and participate in the NFT.io ecosystem
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.
Conversion tables
EFI to DAI values from Today at 3:05 pm
0.5 EFI = 0.00264 DAI |
1 EFI = 0.00528 DAI |
5 EFI = 0.0264 DAI |
10 EFI = 0.0528 DAI |
50 EFI = 0.264 DAI |
100 EFI = 0.528 DAI |
500 EFI = 2.64 DAI |
1,000 EFI = 5.28 DAI |
DAI to EFI values from Today at 3:06 pm
0.5 DAI = 94.70 EFI |
1 DAI = 189.41 EFI |
5 DAI = 947.04 EFI |
10 DAI = 1,894.09 EFI |
50 DAI = 9,470.43 EFI |
100 DAI = 18,940.86 EFI |
500 DAI = 94,704.29 EFI |
1,000 DAI = 189,408.58 EFI |
EFI to DAI over time
EFI | Today | 24H 0.74% | 1M -24.89% | 1Y -1,876.78% |
|---|---|---|---|---|
0.5 EFI | 0.00264 DAI | 0.00262 DAI | 0.003297 DAI | 0.05218 DAI |
1 EFI | 0.00528 DAI | 0.00524 DAI | 0.006594 DAI | 0.1044 DAI |
5 EFI | 0.0264 DAI | 0.0262 DAI | 0.03297 DAI | 0.5218 DAI |
10 EFI | 0.0528 DAI | 0.0524 DAI | 0.06594 DAI | 1.04 DAI |
50 EFI | 0.264 DAI | 0.262 DAI | 0.3297 DAI | 5.22 DAI |
100 EFI | 0.528 DAI | 0.524 DAI | 0.6594 DAI | 10.44 DAI |
500 EFI | 2.64 DAI | 2.62 DAI | 3.30 DAI | 52.18 DAI |
1,000 EFI | 5.28 DAI | 5.24 DAI | 6.59 DAI | 104.37 DAI |
Frequently asked questions
Right now, 1 Efinity Token is worth about $0.005278.
Based on the current rate, you could get 189.47 EFI for 1 USD.
Efinity Token price has been on the rise. Since yesterday, the exchange rate of Efinity Token has increased. Since last month, the exchange rate of Efinity Token has decreased. Since this time last year, the price of Efinity Token has decreased.
You can use our EFI to USD calculator at the top of this page to convert any amount of EFI to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 947.34 EFI. Inversely, 5 EFI will cost about $0.02639
Efinity Token can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Efinity Token.
There are a number of crypto assets that have the a similar or comparable market cap to Efinity Token, including Creo Engine, Dolan Duck, and Meter Governance. For a more robust list of assets to explore, jump to the asset page dedicated to Efinity Token.
Related conversions
Learn how to buy popular cryptocurrencies
Discover other cryptocurrencies to currency conversions
Discover other cryptocurrency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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.