About REUSDC and DAI
Relend USDC is climbing, while Dai is falling this week. The current REUSDC to DAI conversion rate is 0.01752. Inversely, this means that if you convert 1 DAI you will get 57.08 REUSDC. The conversion rate of REUSDC/DAI has increased by 0% in the last hour (DAI/REUSDC decreased by 0%). In the last 24 hours, REUSDC/DAI grew by 0%, while DAI/REUSDC shrunk by the same amount.
The exchange rate of Relend USDC is decreasing. The current value of 1 REUSDC is 0.01752 DAI. In other words, to buy 5 Relend USDC, it would cost you 0.08759 DAI. Inversely, 1 DAI would allow you to trade for 57.08 REUSDC while 50 DAI would convert to 2,854.09 REUSDC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.1%. Meanwhile, in the last 24 hours, the rate has changed by 0%, which means that the highest exchange rate of 1 REUSDC to DAI was 0.01753 DAI and the lowest 24 hour value was 1 REUSDC for 0.0175 DAI. Last month, 1 REUSDC was worth 0.01749 DAI. Today, it's up 0.16%. Looking back a year, Relend USDC has changed by 1.07 DAI. That means that in a single year, the value of Relend USDC has shrank by 5,991.96%.
Relend USDC Market Stats
Solving liquidity fragmentation of L2s with fractional reserve banking. Relend Network allows for lending and borrowing akin to fractional reserve banking. Lenders are able to supply assets which act as reserves for a 10x increase in the lending supply. Borrowers benefit from earning a return on their collateral provided as well as accruing yield on their borrowed funds. We implement the money multiplier effect to grow economic activity across different L2 ecosystems. The Relend USDC vault serves as a pre-deposit vault for Relend Network. Users who supply USDC will collect RELEND units and have the option to access Relend Network once live. Collateral markets are selected for competitive yield and long term partner alignment. Morpho Vaults are curated lending vaults that can allocate deposits to any number of Morpho Markets. Each vault is customizable and has a different risk profile. Curators are independent, third-party risk experts who use their expertise to offer various Morpho Vaults.
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
REUSDC to DAI values from Today at 2:39 pm
0.5 REUSDC = 0.008759 DAI |
1 REUSDC = 0.01752 DAI |
5 REUSDC = 0.08759 DAI |
10 REUSDC = 0.1752 DAI |
50 REUSDC = 0.8759 DAI |
100 REUSDC = 1.75 DAI |
500 REUSDC = 8.76 DAI |
1,000 REUSDC = 17.52 DAI |
DAI to REUSDC values from Today at 2:38 pm
0.5 DAI = 28.54 REUSDC |
1 DAI = 57.08 REUSDC |
5 DAI = 285.41 REUSDC |
10 DAI = 570.82 REUSDC |
50 DAI = 2,854.09 REUSDC |
100 DAI = 5,708.18 REUSDC |
500 DAI = 28,540.88 REUSDC |
1,000 DAI = 57,081.77 REUSDC |
REUSDC to DAI over time
REUSDC | Today | 24H -0.00% | 1M 0.16% | 1Y -5,991.96% |
|---|---|---|---|---|
0.5 REUSDC | 0.008759 DAI | 0.008759 DAI | 0.008745 DAI | 0.5336 DAI |
1 REUSDC | 0.01752 DAI | 0.01752 DAI | 0.01749 DAI | 1.07 DAI |
5 REUSDC | 0.08759 DAI | 0.08759 DAI | 0.08745 DAI | 5.34 DAI |
10 REUSDC | 0.1752 DAI | 0.1752 DAI | 0.1749 DAI | 10.67 DAI |
50 REUSDC | 0.8759 DAI | 0.8759 DAI | 0.8745 DAI | 53.36 DAI |
100 REUSDC | 1.75 DAI | 1.75 DAI | 1.75 DAI | 106.72 DAI |
500 REUSDC | 8.76 DAI | 8.76 DAI | 8.75 DAI | 533.62 DAI |
1,000 REUSDC | 17.52 DAI | 17.52 DAI | 17.49 DAI | 1,067.23 DAI |
Frequently asked questions
Right now, 1 Relend USDC is worth about $0.01751.
Based on the current rate, you could get 57.10 REUSDC for 1 USD.
Relend USDC price has been declining. Since yesterday, the exchange rate of Relend USDC has decreased. Since last month, the exchange rate of Relend USDC has increased. Since this time last year, the price of Relend USDC has decreased.
You can use our REUSDC to USD calculator at the top of this page to convert any amount of REUSDC to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 285.48 REUSDC. Inversely, 5 REUSDC will cost about $0.08757
Relend USDC can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Relend USDC.
There are a number of crypto assets that have the a similar or comparable market cap to Relend USDC, including ToDing Protocol, Joule, and Llama. For a more robust list of assets to explore, jump to the asset page dedicated to Relend USDC.
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