Convert Index Cooperative INDEX to Dai DAI
INDEX to DAI: 1 Index Cooperative converts to 0.2396 DAI
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About INDEX and DAI
Index Cooperative is climbing, while Dai is falling this week. The current INDEX to DAI conversion rate is 0.2396. Inversely, this means that if you convert 1 DAI you will get 4.17 INDEX. The conversion rate of INDEX/DAI has increased by 0.2% in the last hour (DAI/INDEX decreased by 0.2%). In the last 24 hours, INDEX/DAI grew by 0.06%, while DAI/INDEX shrunk by the same amount.
The exchange rate of Index Cooperative is increasing. The current value of 1 INDEX is 0.2396 DAI. In other words, to buy 5 Index Cooperative, it would cost you 1.198 DAI. Inversely, 1 DAI would allow you to trade for 4.17 INDEX while 50 DAI would convert to 208.68 INDEX, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.87%. Meanwhile, in the last 24 hours, the rate has changed by 0.05%, which means that the highest exchange rate of 1 INDEX to DAI was 0.2418 DAI and the lowest 24 hour value was 1 INDEX for 0.2356 DAI. Last month, 1 INDEX was worth 0.2551 DAI. Today, it's down 6.46%. Looking back a year, Index Cooperative has changed by 1.24 DAI. That means that in a single year, the value of Index Cooperative has shrank by 415.47%.
Index Cooperative Market Stats
INDEX is an Ethereum token that governs Index Cooperative, a protocol for creating custom crypto indexes and structured products. INDEX can be used to vote on the future of the protocol and can be earned by providing liquidity to Index Cooperative products. Note: Coinbase only supports INDEX on the Ethereum blockchain (ERC-20).
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
INDEX to DAI values from Today at 10:00 pm
0.5 INDEX = 0.1198 DAI |
1 INDEX = 0.2396 DAI |
5 INDEX = 1.20 DAI |
10 INDEX = 2.40 DAI |
50 INDEX = 11.98 DAI |
100 INDEX = 23.96 DAI |
500 INDEX = 119.80 DAI |
1,000 INDEX = 239.60 DAI |
DAI to INDEX values from Today at 9:58 pm
0.5 DAI = 2.09 INDEX |
1 DAI = 4.17 INDEX |
5 DAI = 20.87 INDEX |
10 DAI = 41.74 INDEX |
50 DAI = 208.68 INDEX |
100 DAI = 417.36 INDEX |
500 DAI = 2,086.82 INDEX |
1,000 DAI = 4,173.65 INDEX |
INDEX to DAI over time
INDEX | Today | 24H 0.05% | 1M -6.46% | 1Y -415.47% |
|---|---|---|---|---|
0.5 INDEX | 0.1198 DAI | 0.1197 DAI | 0.1275 DAI | 0.6175 DAI |
1 INDEX | 0.2396 DAI | 0.2395 DAI | 0.2551 DAI | 1.24 DAI |
5 INDEX | 1.20 DAI | 1.20 DAI | 1.28 DAI | 6.18 DAI |
10 INDEX | 2.40 DAI | 2.39 DAI | 2.55 DAI | 12.35 DAI |
50 INDEX | 11.98 DAI | 11.97 DAI | 12.75 DAI | 61.75 DAI |
100 INDEX | 23.96 DAI | 23.95 DAI | 25.51 DAI | 123.51 DAI |
500 INDEX | 119.80 DAI | 119.73 DAI | 127.54 DAI | 617.53 DAI |
1,000 INDEX | 239.60 DAI | 239.47 DAI | 255.09 DAI | 1,235.06 DAI |
Frequently asked questions
Right now, 1 Index Cooperative is worth about $0.2396.
Based on the current rate, you could get 4.17 INDEX for 1 USD.
Index Cooperative price has been on the rise. Since yesterday, the exchange rate of Index Cooperative has increased. Since last month, the exchange rate of Index Cooperative has decreased. Since this time last year, the price of Index Cooperative has decreased.
You can use our INDEX to USD calculator at the top of this page to convert any amount of INDEX to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 20.87 INDEX. Inversely, 5 INDEX will cost about $1.20
Index Cooperative is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Index Cooperative.
There are a number of crypto assets that have the a similar or comparable market cap to Index Cooperative, including Squid Game, VPay, and Dexalot. For a more robust list of assets to explore, jump to the asset page dedicated to Index Cooperative.
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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.