About PNP and DAI
Penpie is falling, while Dai is climbing this week. The current PNP to DAI conversion rate is 0.1747. Inversely, this means that if you convert 1 DAI you will get 5.72 PNP. The conversion rate of PNP/DAI has increased by 0% in the last hour (DAI/PNP decreased by 0%). In the last 24 hours, PNP/DAI shrunk by 0.42%, while DAI/PNP grew by the same amount.
The exchange rate of Penpie is decreasing. The current value of 1 PNP is 0.1747 DAI. In other words, to buy 5 Penpie, it would cost you 0.8736 DAI. Inversely, 1 DAI would allow you to trade for 5.72 PNP while 50 DAI would convert to 286.17 PNP, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 10.95%. Meanwhile, in the last 24 hours, the rate has changed by 0.42%, which means that the highest exchange rate of 1 PNP to DAI was 0.176 DAI and the lowest 24 hour value was 1 PNP for 0.1731 DAI. Last month, 1 PNP was worth 0.2896 DAI. Today, it's down 65.74%. Looking back a year, Penpie has changed by 2.61 DAI. That means that in a single year, the value of Penpie has shrank by 1,395.74%.
Penpie Market Stats
What is the project about? Penpie is a next-generation DeFi platform built by Magpie to provide Pendle Finance users with yield and veTokenomics boosting services. Integrated with Pendle Finance, Penpie focuses on locking PENDLE tokens to obtain governance rights and enhanced yield benefits within Pendle Finance. Penpie revolutionizes the way users can maximize returns on their investments and monetize their governance power. What makes your project unique? Penpie gives PENDLE holders the chance to earn high APR by converting their tokens into mPENDLE. By leveraging the power of Pendle Finance's veTokenomics model, Penpie offers users the opportunity to earn more PENDLE rewards with their PENDLE tokens. Penpie has created mPENDLE, a Penpie version of the PENDLE token, which allows users to earn a large share of PENDLE rewards while enjoying increased flexibility through Penpie. This mechanism gives PENDLE holders the chance to earn high APR% by converting their tokens into mPENDLE at a 1:1 ratio. What can your token be used for? PNP is the governance and revenue-sharing token of Penpie. Users can lock their PNP tokens on Penpie to receive vlPNP at a 1:1 ratio. vlPNP is the locked version of the PNP token.
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
PNP to DAI values from Today at 2:55 am
0.5 PNP = 0.08736 DAI |
1 PNP = 0.1747 DAI |
5 PNP = 0.8736 DAI |
10 PNP = 1.75 DAI |
50 PNP = 8.74 DAI |
100 PNP = 17.47 DAI |
500 PNP = 87.36 DAI |
1,000 PNP = 174.72 DAI |
DAI to PNP values from Today at 2:55 am
0.5 DAI = 2.86 PNP |
1 DAI = 5.72 PNP |
5 DAI = 28.62 PNP |
10 DAI = 57.23 PNP |
50 DAI = 286.17 PNP |
100 DAI = 572.34 PNP |
500 DAI = 2,861.69 PNP |
1,000 DAI = 5,723.38 PNP |
PNP to DAI over time
PNP | Today | 24H -0.42% | 1M -65.74% | 1Y -1,395.74% |
|---|---|---|---|---|
0.5 PNP | 0.08736 DAI | 0.08772 DAI | 0.1448 DAI | 1.31 DAI |
1 PNP | 0.1747 DAI | 0.1754 DAI | 0.2896 DAI | 2.61 DAI |
5 PNP | 0.8736 DAI | 0.8772 DAI | 1.45 DAI | 13.07 DAI |
10 PNP | 1.75 DAI | 1.75 DAI | 2.90 DAI | 26.13 DAI |
50 PNP | 8.74 DAI | 8.77 DAI | 14.48 DAI | 130.67 DAI |
100 PNP | 17.47 DAI | 17.54 DAI | 28.96 DAI | 261.34 DAI |
500 PNP | 87.36 DAI | 87.72 DAI | 144.79 DAI | 1,306.69 DAI |
1,000 PNP | 174.72 DAI | 175.45 DAI | 289.58 DAI | 2,613.39 DAI |
Frequently asked questions
Right now, 1 Penpie is worth about $0.1747.
Based on the current rate, you could get 5.73 PNP for 1 USD.
Penpie price has been declining. Since yesterday, the exchange rate of Penpie has decreased. Since last month, the exchange rate of Penpie has decreased. Since this time last year, the price of Penpie has decreased.
You can use our PNP to USD calculator at the top of this page to convert any amount of PNP to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 28.63 PNP. Inversely, 5 PNP will cost about $0.8733
Penpie can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Penpie.
There are a number of crypto assets that have the a similar or comparable market cap to Penpie, including America Party, E Money, and zkSwap Finance. For a more robust list of assets to explore, jump to the asset page dedicated to Penpie.
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