About IB and DAI
Iron Bank is falling, while Dai is climbing this week. The current IB to DAI conversion rate is 0.08407. Inversely, this means that if you convert 1 DAI you will get 11.89 IB. The conversion rate of IB/DAI has increased by 0.01% in the last hour (DAI/IB decreased by 0.01%). In the last 24 hours, IB/DAI shrunk by 2.19%, while DAI/IB grew by the same amount.
The exchange rate of Iron Bank is decreasing. The current value of 1 IB is 0.08407 DAI. In other words, to buy 5 Iron Bank, it would cost you 0.42035 DAI. Inversely, 1 DAI would allow you to trade for 11.89 IB while 50 DAI would convert to 594.74 IB, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.71%. Meanwhile, in the last 24 hours, the rate has changed by 2.09%, which means that the highest exchange rate of 1 IB to DAI was 0.08583 DAI and the lowest 24 hour value was 1 IB for 0.08359 DAI. Last month, 1 IB was worth 0.08018 DAI. Today, it's up 4.63%. Looking back a year, Iron Bank has changed by 0.516 DAI. That means that in a single year, the value of Iron Bank has shrank by 513.72%.
Iron Bank Market Stats
Iron Bank is a decentralized lending platform focused on capital efficiency allowing protocols and individuals to supply and borrow cryptoassets.
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
IB to DAI values from Today at 12:26 pm
0.5 IB = 0.04204 DAI |
1 IB = 0.08407 DAI |
5 IB = 0.4204 DAI |
10 IB = 0.8407 DAI |
50 IB = 4.20 DAI |
100 IB = 8.41 DAI |
500 IB = 42.04 DAI |
1,000 IB = 84.07 DAI |
DAI to IB values from Today at 12:24 pm
0.5 DAI = 5.95 IB |
1 DAI = 11.89 IB |
5 DAI = 59.47 IB |
10 DAI = 118.95 IB |
50 DAI = 594.74 IB |
100 DAI = 1,189.48 IB |
500 DAI = 5,947.41 IB |
1,000 DAI = 11,894.81 IB |
IB to DAI over time
IB | Today | 24H -2.09% | 1M 4.63% | 1Y -513.72% |
|---|---|---|---|---|
0.5 IB | 0.04204 DAI | 0.04291 DAI | 0.04009 DAI | 0.258 DAI |
1 IB | 0.08407 DAI | 0.08583 DAI | 0.08018 DAI | 0.516 DAI |
5 IB | 0.4204 DAI | 0.4291 DAI | 0.4009 DAI | 2.58 DAI |
10 IB | 0.8407 DAI | 0.8583 DAI | 0.8018 DAI | 5.16 DAI |
50 IB | 4.20 DAI | 4.29 DAI | 4.01 DAI | 25.80 DAI |
100 IB | 8.41 DAI | 8.58 DAI | 8.02 DAI | 51.60 DAI |
500 IB | 42.04 DAI | 42.91 DAI | 40.09 DAI | 257.98 DAI |
1,000 IB | 84.07 DAI | 85.83 DAI | 80.18 DAI | 515.95 DAI |
Frequently asked questions
Right now, 1 Iron Bank is worth about $0.08404.
Based on the current rate, you could get 11.90 IB for 1 USD.
Iron Bank price has been declining. Since yesterday, the exchange rate of Iron Bank has decreased. Since last month, the exchange rate of Iron Bank has increased. Since this time last year, the price of Iron Bank has decreased.
You can use our IB to USD calculator at the top of this page to convert any amount of IB to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 59.50 IB. Inversely, 5 IB will cost about $0.4202
Iron Bank can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Iron Bank.
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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.