About FRXUSD and DAI
Frax USD is climbing, while Dai is falling this week. The current FRXUSD to DAI conversion rate is 1.00. Inversely, this means that if you convert 1 DAI you will get 0.9993 FRXUSD. The conversion rate of FRXUSD/DAI has increased by 0.08% in the last hour (DAI/FRXUSD decreased by 0.08%). In the last 24 hours, FRXUSD/DAI grew by 0.04%, while DAI/FRXUSD shrunk by 0.04%.
The exchange rate of Frax USD is increasing. The current value of 1 FRXUSD is 1.00 DAI. In other words, to buy 5 Frax USD, it would cost you 5.00 DAI. Inversely, 1 DAI would allow you to trade for 0.9993 FRXUSD while 50 DAI would convert to 49.96 FRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.03%. Meanwhile, in the last 24 hours, the rate has changed by 0.07%, which means that the highest exchange rate of 1 FRXUSD to DAI was 1.00 DAI and the lowest 24 hour value was 1 FRXUSD for 0.9992 DAI. Last month, 1 FRXUSD was worth 1.00 DAI. Today, it's up 0.06%. Looking back a year, Frax USD has changed by 1.02 DAI. That means that in a single year, the value of Frax USD has shrank by 2.11%.
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 11:57 am
0.5 FRXUSD = 0.5004 DAI |
1 FRXUSD = 1.00 DAI |
5 FRXUSD = 5.00 DAI |
10 FRXUSD = 10.01 DAI |
50 FRXUSD = 50.04 DAI |
100 FRXUSD = 100.07 DAI |
500 FRXUSD = 500.36 DAI |
1,000 FRXUSD = 1,000.72 DAI |
DAI to FRXUSD values from Today at 11:58 am
0.5 DAI = 0.4996 FRXUSD |
1 DAI = 0.9993 FRXUSD |
5 DAI = 5.00 FRXUSD |
10 DAI = 9.99 FRXUSD |
50 DAI = 49.96 FRXUSD |
100 DAI = 99.93 FRXUSD |
500 DAI = 499.64 FRXUSD |
1,000 DAI = 999.28 FRXUSD |
FRXUSD to DAI over time
FRXUSD | Today | 24H 0.07% | 1M 0.06% | 1Y -2.16% |
|---|---|---|---|---|
0.5 FRXUSD | 0.5004 DAI | 0.50 DAI | 0.5001 DAI | 0.5111 DAI |
1 FRXUSD | 1.00 DAI | 1.00 DAI | 1.00 DAI | 1.02 DAI |
5 FRXUSD | 5.00 DAI | 5.00 DAI | 5.00 DAI | 5.11 DAI |
10 FRXUSD | 10.01 DAI | 10.00 DAI | 10.00 DAI | 10.22 DAI |
50 FRXUSD | 50.04 DAI | 50.00 DAI | 50.01 DAI | 51.11 DAI |
100 FRXUSD | 100.07 DAI | 100.00 DAI | 100.01 DAI | 102.23 DAI |
500 FRXUSD | 500.36 DAI | 500.02 DAI | 500.07 DAI | 511.14 DAI |
1,000 FRXUSD | 1,000.72 DAI | 1,000.04 DAI | 1,000.13 DAI | 1,022.29 DAI |
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