About FRXUSD and DAI
Frax USD is falling, while Dai is climbing this week. The current FRXUSD to DAI conversion rate is 0.9998. Inversely, this means that if you convert 1 DAI you will get 1.00 FRXUSD. The conversion rate of FRXUSD/DAI has increased by 0.01% in the last hour (DAI/FRXUSD decreased by 0.01%). In the last 24 hours, FRXUSD/DAI shrunk by 0.03%, while DAI/FRXUSD grew by the same amount.
The exchange rate of Frax USD is decreasing. The current value of 1 FRXUSD is 0.9998 DAI. In other words, to buy 5 Frax USD, it would cost you 4.9992 DAI. Inversely, 1 DAI would allow you to trade for 1.00 FRXUSD while 50 DAI would convert to 50.01 FRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.01%. Meanwhile, in the last 24 hours, the rate has changed by 0.03%, and that the highest exchange rate of 1 FRXUSD to DAI was 1.00 DAI and the lowest 24 hour value was 1 FRXUSD for 0.9983 DAI. Last month, 1 FRXUSD was worth 0.9997 DAI. Today, it's up 0.01%. Looking back a year, Frax USD has changed by 1.00 DAI. That means that in a single year, the value of Frax USD has shrank by 0.02%.
Frax USD Market Stats
Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol. It operates using a hybrid model where governance-approved enshrined custodians mint and redeem frxUSD backed by cash-equivalent reserves, while advanced onchain mechanisms developed by the Frax Finance Protocol ensure stability, security, and seamless usability across DeFi and traditional financial systems.
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
FRXUSD to DAI values from Today at 4:47 pm
0.5 FRXUSD = 0.4999 DAI |
1 FRXUSD = 0.9998 DAI |
5 FRXUSD = 5.00 DAI |
10 FRXUSD = 10.00 DAI |
50 FRXUSD = 49.99 DAI |
100 FRXUSD = 99.98 DAI |
500 FRXUSD = 499.92 DAI |
1,000 FRXUSD = 999.84 DAI |
DAI to FRXUSD values from Today at 4:49 pm
0.5 DAI = 0.5001 FRXUSD |
1 DAI = 1.00 FRXUSD |
5 DAI = 5.00 FRXUSD |
10 DAI = 10.00 FRXUSD |
50 DAI = 50.01 FRXUSD |
100 DAI = 100.02 FRXUSD |
500 DAI = 500.08 FRXUSD |
1,000 DAI = 1,000.16 FRXUSD |
FRXUSD to DAI over time
FRXUSD | Today | 24H -0.03% | 1M 0.01% | 1Y -0.02% |
|---|---|---|---|---|
0.5 FRXUSD | 0.4999 DAI | 0.5001 DAI | 0.4999 DAI | 0.50 DAI |
1 FRXUSD | 0.9998 DAI | 1.00 DAI | 0.9997 DAI | 1.00 DAI |
5 FRXUSD | 5.00 DAI | 5.00 DAI | 5.00 DAI | 5.00 DAI |
10 FRXUSD | 10.00 DAI | 10.00 DAI | 10.00 DAI | 10.00 DAI |
50 FRXUSD | 49.99 DAI | 50.01 DAI | 49.99 DAI | 50.00 DAI |
100 FRXUSD | 99.98 DAI | 100.01 DAI | 99.97 DAI | 100.00 DAI |
500 FRXUSD | 499.92 DAI | 500.05 DAI | 499.87 DAI | 500.00 DAI |
1,000 FRXUSD | 999.84 DAI | 1,000.11 DAI | 999.73 DAI | 1,000.01 DAI |
Frequently asked questions
Right now, 1 Frax USD is worth about $0.9995.
Based on the current rate, you could get 1.00 FRXUSD for 1 USD.
Frax USD price has been declining. Since yesterday, the exchange rate of Frax USD has decreased. Since last month, the exchange rate of Frax USD has decreased. Since this time last year, the price of Frax USD has decreased.
You can use our FRXUSD to USD calculator at the top of this page to convert any amount of FRXUSD 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 FRXUSD. Inversely, 5 FRXUSD will cost about $5.00
Frax USD can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Frax USD.
There are a number of crypto assets that have the a similar or comparable market cap to Frax USD, including EUR CoinVertible, Zano, and AUSD. For a more robust list of assets to explore, jump to the asset page dedicated to Frax USD.
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