About WKAS and DAI
Wrapped Kaspa is climbing, while Dai is falling this week. The current WKAS to DAI conversion rate is 0.002449. Inversely, this means that if you convert 1 DAI you will get 408.33 WKAS. The conversion rate of WKAS/DAI has increased by 1.01% in the last hour (DAI/WKAS decreased by 1.01%). In the last 24 hours, WKAS/DAI grew by 5.94%, while DAI/WKAS shrunk by the same amount.
The exchange rate of Wrapped Kaspa is increasing. The current value of 1 WKAS is 0.002449 DAI. In other words, to buy 5 Wrapped Kaspa, it would cost you 0.012245 DAI. Inversely, 1 DAI would allow you to trade for 408.33 WKAS while 50 DAI would convert to 20,416.65 WKAS, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 39.75%. Meanwhile, in the last 24 hours, the rate has changed by 5.61%, and that the highest exchange rate of 1 WKAS to DAI was 0.002506 DAI and the lowest 24 hour value was 1 WKAS for 0.00228 DAI. Last month, 1 WKAS was worth 0.002196 DAI. Today, it's up 10.31%. Looking back a year, Wrapped Kaspa has changed by 0.008635 DAI. That means that in a single year, the value of Wrapped Kaspa has shrank by 252.59%.
Wrapped Kaspa Market Stats
Wrapped Kaspa (wKAS) is a blockchain-based initiative aimed at increasing interoperability between the Kaspa network and the Ethereum network. It's a tokenized version of the Kaspa (KAS) digital currency, encapsulated within an ERC-20 token on the Ethereum network. The purpose of creating Wrapped Kaspa is to allow Kaspa to be more easily integrated and interacted with in the world of Ethereum's decentralized finance (DeFi) ecosystem. The token operates on a 1:1 ratio with Kaspa, meaning each Wrapped Kaspa token is equivalent to one Kaspa. This approach enables the transfer of value between the two separate blockchains, bridging the gap and allowing users to utilize the benefits of both networks. The key benefit of wKAS is the ability for users to participate in Ethereum's DeFi ecosystem using their Kaspa holdings, unlocking access to a wide range of services including decentralized exchanges (DEXs), lending platforms, yield farming, and more. To ensure the balance of wKAS and KAS, Chainge, a trusted custodian, holds the necessary amount of KAS in reserve. This ensures the value of the wrapped token and allows for the reverse process (unwrapping), where users can exchange their wKAS back into KAS at any time.
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
WKAS to DAI values from Today at 2:48 pm
0.5 WKAS = 0.001224 DAI |
1 WKAS = 0.002449 DAI |
5 WKAS = 0.01224 DAI |
10 WKAS = 0.02449 DAI |
50 WKAS = 0.1224 DAI |
100 WKAS = 0.2449 DAI |
500 WKAS = 1.22 DAI |
1,000 WKAS = 2.45 DAI |
DAI to WKAS values from Today at 2:47 pm
0.5 DAI = 204.17 WKAS |
1 DAI = 408.33 WKAS |
5 DAI = 2,041.67 WKAS |
10 DAI = 4,083.33 WKAS |
50 DAI = 20,416.65 WKAS |
100 DAI = 40,833.31 WKAS |
500 DAI = 204,166.53 WKAS |
1,000 DAI = 408,333.06 WKAS |
WKAS to DAI over time
WKAS | Today | 24H 5.61% | 1M 10.31% | 1Y -252.59% |
|---|---|---|---|---|
0.5 WKAS | 0.001224 DAI | 0.001156 DAI | 0.001098 DAI | 0.004317 DAI |
1 WKAS | 0.002449 DAI | 0.002312 DAI | 0.002196 DAI | 0.008635 DAI |
5 WKAS | 0.01224 DAI | 0.01156 DAI | 0.01098 DAI | 0.04317 DAI |
10 WKAS | 0.02449 DAI | 0.02312 DAI | 0.02196 DAI | 0.08635 DAI |
50 WKAS | 0.1224 DAI | 0.1156 DAI | 0.1098 DAI | 0.4317 DAI |
100 WKAS | 0.2449 DAI | 0.2312 DAI | 0.2196 DAI | 0.8635 DAI |
500 WKAS | 1.22 DAI | 1.16 DAI | 1.10 DAI | 4.32 DAI |
1,000 WKAS | 2.45 DAI | 2.31 DAI | 2.20 DAI | 8.63 DAI |
Frequently asked questions
Right now, 1 Wrapped Kaspa is worth about $0.002447.
Based on the current rate, you could get 408.64 WKAS for 1 USD.
Wrapped Kaspa price has been on the rise. Since yesterday, the exchange rate of Wrapped Kaspa has increased. Since last month, the exchange rate of Wrapped Kaspa has increased. Since this time last year, the price of Wrapped Kaspa has decreased.
You can use our WKAS to USD calculator at the top of this page to convert any amount of WKAS to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 2,043.22 WKAS. Inversely, 5 WKAS will cost about $0.01224
Wrapped Kaspa can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Wrapped Kaspa.
There are a number of crypto assets that have the a similar or comparable market cap to Wrapped Kaspa, including Wrapped WDOGE, Wrapped Kava, and Wrapped Alvey Chain. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped Kaspa.
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