Convert Parabolic PARAX to Dai DAI
1 PARAX converts to 0.000113 DAI
About PARAX and DAI
Parabolic is climbing, while Dai is falling this week. The current PARAX to DAI conversion rate is 0.000113. Inversely, this means that if you convert 1 DAI you will get 8,852.62 PARAX. The conversion rate of PARAX/DAI has increased by 0.01% in the last hour (DAI/PARAX decreased by 0.01%). In the last 24 hours, PARAX/DAI grew by 0.01%, while DAI/PARAX shrunk by the same amount.
The exchange rate of Parabolic is increasing. The current value of 1 PARAX is 0.000113 DAI. In other words, to buy 5 Parabolic, it would cost you 0.0005648 DAI. Inversely, 1 DAI would allow you to trade for 8,852.62 PARAX while 50 DAI would convert to 442,630.97 PARAX, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 8.98%. Meanwhile, in the last 24 hours, the rate has changed by 0%, which means that the highest exchange rate of 1 PARAX to DAI was 0.000113 DAI and the lowest 24 hour value was 1 PARAX for 0.0001129 DAI. Last month, 1 PARAX was worth 0.0001088 DAI. Today, it's up 3.71%. Looking back a year, Parabolic has changed by 0.006818 DAI. That means that in a single year, the value of Parabolic has shrank by 5,935.57%.
Parabolic Market Stats
PARAX is a meme coin supported by Parabolic Finance, a powerful DeFi platform leveraging AI-driven strategies to optimize crypto investments. Parabolic supports the adoption of $PARAX through two key community-focused initiatives. First, it adds liquidity to the PARAX/SOL trading pair using a portion of the profits generated by its AI Trading Bots. This strengthens the token’s ecosystem and increases its usability. Second, it incentivizes holding $PARAX by offering discounts on the performance fees of its Trading Bots to token holders. This not only encourages long-term holding but also aligns community growth with platform success. Parabolic.fi simplifies the investment process, making it easier for users to benefit from complex trading strategies without needing advanced expertise. Personally, it has helped grow my crypto portfolio significantly by removing the guesswork and emotion from trading, thanks to its automated and intelligent systems. It’s a unique blend of utility, rewards, and innovation in the DeFi space.
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
PARAX to DAI values from Today at 12:30 pm
0.5 PARAX = 0.00005648 DAI |
1 PARAX = 0.000113 DAI |
5 PARAX = 0.0005648 DAI |
10 PARAX = 0.00113 DAI |
50 PARAX = 0.005648 DAI |
100 PARAX = 0.0113 DAI |
500 PARAX = 0.05648 DAI |
1,000 PARAX = 0.113 DAI |
DAI to PARAX values from Today at 12:27 pm
0.5 DAI = 4,426.31 PARAX |
1 DAI = 8,852.62 PARAX |
5 DAI = 44,263.10 PARAX |
10 DAI = 88,526.19 PARAX |
50 DAI = 442,630.97 PARAX |
100 DAI = 885,261.93 PARAX |
500 DAI = 4,426,309.67 PARAX |
1,000 DAI = 8,852,619.34 PARAX |
PARAX to DAI over time
PARAX | Today | 24H 0.00% | 1M 3.71% | 1Y -5,935.57% |
|---|---|---|---|---|
0.5 PARAX | 0.00005648 DAI | 0.00005648 DAI | 0.00005439 DAI | 0.003409 DAI |
1 PARAX | 0.000113 DAI | 0.000113 DAI | 0.0001088 DAI | 0.006818 DAI |
5 PARAX | 0.0005648 DAI | 0.0005648 DAI | 0.0005439 DAI | 0.03409 DAI |
10 PARAX | 0.00113 DAI | 0.00113 DAI | 0.001088 DAI | 0.06818 DAI |
50 PARAX | 0.005648 DAI | 0.005648 DAI | 0.005439 DAI | 0.3409 DAI |
100 PARAX | 0.0113 DAI | 0.0113 DAI | 0.01088 DAI | 0.6818 DAI |
500 PARAX | 0.05648 DAI | 0.05648 DAI | 0.05439 DAI | 3.41 DAI |
1,000 PARAX | 0.113 DAI | 0.113 DAI | 0.1088 DAI | 6.82 DAI |
Frequently asked questions
Right now, 1 Parabolic is worth about $0.0001129.
Based on the current rate, you could get 8,857.35 PARAX for 1 USD.
You can use our PARAX to USD calculator at the top of this page to convert any amount of PARAX to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 44,286.73 PARAX. Inversely, 5 PARAX will cost about $0.0005645
Parabolic can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Parabolic.
There are a number of crypto assets that have the a similar or comparable market cap to Parabolic, including Wrapped ETH (SKALE), Monerium GBP emoney, and LCOM. For a more robust list of assets to explore, jump to the asset page dedicated to Parabolic.
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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.