About SYN and DAI
Synapse is climbing, while Dai is falling this week. The current SYN to DAI conversion rate is 0.08177. Inversely, this means that if you convert 1 DAI you will get 12.23 SYN. The conversion rate of SYN/DAI has increased by 2.47% in the last hour (DAI/SYN decreased by 2.47%). In the last 24 hours, SYN/DAI grew by 0.9%, while DAI/SYN shrunk by the same amount.
The exchange rate of Synapse is increasing. The current value of 1 SYN is 0.08177 DAI. In other words, to buy 5 Synapse, it would cost you 0.40886 DAI. Inversely, 1 DAI would allow you to trade for 12.23 SYN while 50 DAI would convert to 611.46 SYN, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 12.37%. Meanwhile, in the last 24 hours, the rate has changed by 0.82%, and that the highest exchange rate of 1 SYN to DAI was 0.08269 DAI and the lowest 24 hour value was 1 SYN for 0.07909 DAI. Last month, 1 SYN was worth 0.1057 DAI. Today, it's down 29.27%. Looking back a year, Synapse has changed by 0.1283 DAI. That means that in a single year, the value of Synapse has shrank by 56.88%.
Synapse Market Stats
SYN is an Ethereum token that powers Synapse, a protocol for bridging and swapping assets across chains, earning yield, and more. SYN can be used to vote on the future of the protocol, and can be awarded to network liquidity providers. Synapse also plans to develop a proof of stake blockchain called Synapse Chain in which validators can stake SYN to help secure the network.
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
SYN to DAI values from Today at 2:43 pm
0.5 SYN = 0.04089 DAI |
1 SYN = 0.08177 DAI |
5 SYN = 0.4089 DAI |
10 SYN = 0.8177 DAI |
50 SYN = 4.09 DAI |
100 SYN = 8.18 DAI |
500 SYN = 40.89 DAI |
1,000 SYN = 81.77 DAI |
DAI to SYN values from Today at 2:43 pm
0.5 DAI = 6.11 SYN |
1 DAI = 12.23 SYN |
5 DAI = 61.15 SYN |
10 DAI = 122.29 SYN |
50 DAI = 611.46 SYN |
100 DAI = 1,222.91 SYN |
500 DAI = 6,114.56 SYN |
1,000 DAI = 12,229.12 SYN |
SYN to DAI over time
SYN | Today | 24H 0.82% | 1M -29.27% | 1Y -56.88% |
|---|---|---|---|---|
0.5 SYN | 0.04089 DAI | 0.04055 DAI | 0.05285 DAI | 0.06414 DAI |
1 SYN | 0.08177 DAI | 0.0811 DAI | 0.1057 DAI | 0.1283 DAI |
5 SYN | 0.4089 DAI | 0.4055 DAI | 0.5285 DAI | 0.6414 DAI |
10 SYN | 0.8177 DAI | 0.811 DAI | 1.06 DAI | 1.28 DAI |
50 SYN | 4.09 DAI | 4.05 DAI | 5.29 DAI | 6.41 DAI |
100 SYN | 8.18 DAI | 8.11 DAI | 10.57 DAI | 12.83 DAI |
500 SYN | 40.89 DAI | 40.55 DAI | 52.85 DAI | 64.14 DAI |
1,000 SYN | 81.77 DAI | 81.10 DAI | 105.70 DAI | 128.28 DAI |
Frequently asked questions
Right now, 1 Synapse is worth about $0.08177.
Based on the current rate, you could get 12.23 SYN for 1 USD.
Synapse price has been on the rise. Since yesterday, the exchange rate of Synapse has increased. Since last month, the exchange rate of Synapse has decreased. Since this time last year, the price of Synapse has decreased.
You can use our SYN to USD calculator at the top of this page to convert any amount of SYN to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 61.15 SYN. Inversely, 5 SYN will cost about $0.4089
Synapse is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Synapse.
There are a number of crypto assets that have the a similar or comparable market cap to Synapse, including Quantix Finance, Isiklar Coin, and iShares 20+ Year Treasury Bond Tokenized ETF (Ondo). For a more robust list of assets to explore, jump to the asset page dedicated to Synapse.
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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.