About FRIC and DAI
Frictionless is climbing, while Dai is falling this week. The current FRIC to DAI conversion rate is 0.00009135. Inversely, this means that if you convert 1 DAI you will get 10,946.35 FRIC. The conversion rate of FRIC/DAI has decreased by 0.01% in the last hour (DAI/FRIC increased by 0.01%). In the last 24 hours, FRIC/DAI grew by 0.02%, while DAI/FRIC shrunk by the same amount.
The exchange rate of Frictionless is increasing. The current value of 1 FRIC is 0.00009135 DAI. In other words, to buy 5 Frictionless, it would cost you 0.00045677 DAI. Inversely, 1 DAI would allow you to trade for 10,946.35 FRIC while 50 DAI would convert to 547,317.29 FRIC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.49%. Meanwhile, in the last 24 hours, the rate has changed by 0.01%, and that the highest exchange rate of 1 FRIC to DAI was 0.0000914 DAI and the lowest 24 hour value was 1 FRIC for 0.00009133 DAI. Last month, 1 FRIC was worth 0.00008578 DAI. Today, it's up 6.1%. Looking back a year, Frictionless has changed by 0.000771 DAI. That means that in a single year, the value of Frictionless has shrank by 744.01%.
Frictionless Market Stats
Frictionless stands out as a groundbreaking decentralized P2P exchange, empowering users with a seamless and secure trading experience on the Ethereum blockchain. The platform introduces a non-custodial environment, eradicating counterparty risk, and a decentralized P2P model that grants users absolute control over their assets. What sets Frictionless apart is its commitment to facilitating transactions with no price impact, a distinct advantage over both centralized and decentralized exchanges. Addressing challenges such as high-volume token sales and mitigating market impact, Frictionless aids token projects by enabling efficient allocation of vesting schedules for institutional investors. Token projects, often high-volume token holders themselves, face the challenge of selling their treasuries on the market to secure budgets, potentially harming their own token prices. Frictionless' decentralized P2P exchange model offers a strategic advantage by allowing projects to trade native tokens without negatively affecting market prices, ensuring a more sustainable approach to fundraising and development.
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
FRIC to DAI values from Today at 4:37 am
0.5 FRIC = 0.00004568 DAI |
1 FRIC = 0.00009135 DAI |
5 FRIC = 0.0004568 DAI |
10 FRIC = 0.0009135 DAI |
50 FRIC = 0.004568 DAI |
100 FRIC = 0.009135 DAI |
500 FRIC = 0.04568 DAI |
1,000 FRIC = 0.09135 DAI |
DAI to FRIC values from Today at 4:35 am
0.5 DAI = 5,473.17 FRIC |
1 DAI = 10,946.35 FRIC |
5 DAI = 54,731.73 FRIC |
10 DAI = 109,463.46 FRIC |
50 DAI = 547,317.29 FRIC |
100 DAI = 1,094,634.58 FRIC |
500 DAI = 5,473,172.88 FRIC |
1,000 DAI = 10,946,345.75 FRIC |
FRIC to DAI over time
FRIC | Today | 24H 0.01% | 1M 6.10% | 1Y -744.01% |
|---|---|---|---|---|
0.5 FRIC | 0.00004568 DAI | 0.00004567 DAI | 0.00004289 DAI | 0.0003855 DAI |
1 FRIC | 0.00009135 DAI | 0.00009135 DAI | 0.00008578 DAI | 0.000771 DAI |
5 FRIC | 0.0004568 DAI | 0.0004567 DAI | 0.0004289 DAI | 0.003855 DAI |
10 FRIC | 0.0009135 DAI | 0.0009135 DAI | 0.0008578 DAI | 0.00771 DAI |
50 FRIC | 0.004568 DAI | 0.004567 DAI | 0.004289 DAI | 0.03855 DAI |
100 FRIC | 0.009135 DAI | 0.009135 DAI | 0.008578 DAI | 0.0771 DAI |
500 FRIC | 0.04568 DAI | 0.04567 DAI | 0.04289 DAI | 0.3855 DAI |
1,000 FRIC | 0.09135 DAI | 0.09135 DAI | 0.08578 DAI | 0.771 DAI |
Frequently asked questions
Right now, 1 Frictionless is worth about $0.00009133.
Based on the current rate, you could get 10,949.53 FRIC for 1 USD.
You can use our FRIC to USD calculator at the top of this page to convert any amount of FRIC to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 54,747.66 FRIC. Inversely, 5 FRIC will cost about $0.0004566
Frictionless can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Frictionless.
There are a number of crypto assets that have the a similar or comparable market cap to Frictionless, including Pickle Finance, LGCY Network, and Proof Of Liquidity. For a more robust list of assets to explore, jump to the asset page dedicated to Frictionless.
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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.