Convert Frax Price Index Share FPIS to Dai DAI
FPIS to DAI: 1 Frax Price Index Share converts to 0.09557 DAI
About FPIS and DAI
Frax Price Index Share is climbing, while Dai is falling this week. The current FPIS to DAI conversion rate is 0.09557. Inversely, this means that if you convert 1 DAI you will get 10.46 FPIS. The conversion rate of FPIS/DAI has increased by 0.08% in the last hour (DAI/FPIS decreased by 0.08%). In the last 24 hours, FPIS/DAI grew by 0.72%, while DAI/FPIS shrunk by the same amount.
The exchange rate of Frax Price Index Share is increasing. The current value of 1 FPIS is 0.09557 DAI. In other words, to buy 5 Frax Price Index Share, it would cost you 0.47786 DAI. Inversely, 1 DAI would allow you to trade for 10.46 FPIS while 50 DAI would convert to 523.17 FPIS, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 17%. Meanwhile, in the last 24 hours, the rate has changed by 0.85%, which means that the highest exchange rate of 1 FPIS to DAI was 0.09574 DAI and the lowest 24 hour value was 1 FPIS for 0.0942 DAI. Last month, 1 FPIS was worth 0.08407 DAI. Today, it's up 12.04%. Looking back a year, Frax Price Index Share has changed by 0.6421 DAI. That means that in a single year, the value of Frax Price Index Share has shrank by 571.9%.
Frax Price Index Share Market Stats
The Frax Price Index Share (FPIS) token is the governance token of the Frax Price Index (FPI) system, which is also entitled to seigniorage from the protocol. Excess yield will be directed from the treasury to FPIS holders, similar to Frax Finance's FXS structure.
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
FPIS to DAI values from Today at 6:20 am
0.5 FPIS = 0.04779 DAI |
1 FPIS = 0.09557 DAI |
5 FPIS = 0.4779 DAI |
10 FPIS = 0.9557 DAI |
50 FPIS = 4.78 DAI |
100 FPIS = 9.56 DAI |
500 FPIS = 47.79 DAI |
1,000 FPIS = 95.57 DAI |
DAI to FPIS values from Today at 6:20 am
0.5 DAI = 5.23 FPIS |
1 DAI = 10.46 FPIS |
5 DAI = 52.32 FPIS |
10 DAI = 104.63 FPIS |
50 DAI = 523.17 FPIS |
100 DAI = 1,046.34 FPIS |
500 DAI = 5,231.70 FPIS |
1,000 DAI = 10,463.41 FPIS |
FPIS to DAI over time
FPIS | Today | 24H 0.85% | 1M 12.04% | 1Y -571.90% |
|---|---|---|---|---|
0.5 FPIS | 0.04779 DAI | 0.04738 DAI | 0.04203 DAI | 0.3211 DAI |
1 FPIS | 0.09557 DAI | 0.09475 DAI | 0.08407 DAI | 0.6421 DAI |
5 FPIS | 0.4779 DAI | 0.4738 DAI | 0.4203 DAI | 3.21 DAI |
10 FPIS | 0.9557 DAI | 0.9475 DAI | 0.8407 DAI | 6.42 DAI |
50 FPIS | 4.78 DAI | 4.74 DAI | 4.20 DAI | 32.11 DAI |
100 FPIS | 9.56 DAI | 9.48 DAI | 8.41 DAI | 64.21 DAI |
500 FPIS | 47.79 DAI | 47.38 DAI | 42.03 DAI | 321.07 DAI |
1,000 FPIS | 95.57 DAI | 94.75 DAI | 84.07 DAI | 642.14 DAI |
Frequently asked questions
Right now, 1 Frax Price Index Share is worth about $0.09557.
Based on the current rate, you could get 10.46 FPIS for 1 USD.
Frax Price Index Share price has been on the rise. Since yesterday, the exchange rate of Frax Price Index Share has increased. Since last month, the exchange rate of Frax Price Index Share has increased. Since this time last year, the price of Frax Price Index Share has decreased.
You can use our FPIS to USD calculator at the top of this page to convert any amount of FPIS to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 52.32 FPIS. Inversely, 5 FPIS will cost about $0.4778
Frax Price Index Share can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Frax Price Index Share.
There are a number of crypto assets that have the a similar or comparable market cap to Frax Price Index Share, including Stronger, Frax Price Index, and Panda DAO. For a more robust list of assets to explore, jump to the asset page dedicated to Frax Price Index Share.
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