About DAI and STBL
Dai is climbing, while AlgoStable is falling this week. The current DAI to STBL conversion rate is 1.24. Inversely, this means that if you convert 1 STBL you will get 0.8073 DAI. The conversion rate of DAI/STBL has decreased by 0.42% in the last hour (STBL/DAI increased by 0.42%). In the last 24 hours, DAI/STBL grew by 1.26%, while STBL/DAI shrunk by 1.24%.
The exchange rate of Dai is increasing. The current value of 1 DAI is 1.24 STBL. In other words, to buy 5 Dai, it would cost you 6.19 STBL. Inversely, 1 STBL would allow you to trade for 0.8073 DAI while 50 STBL would convert to 40.37 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.04%. Meanwhile, in the last 24 hours, the rate has changed by 1.31%, which means that the highest exchange rate of 1 DAI to STBL was 1.25 STBL and the lowest 24 hour value was 1 DAI for 1.22 STBL. Last month, 1 DAI was worth 1.13 STBL. Today, it's up 9.5%. Looking back a year, Dai has changed by 1.03 STBL. That means that in a single year, the value of Dai has grown by 20.49%.
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.
AlgoStable Market Stats
Conversion tables
DAI to STBL values from Today at 8:05 am
0.5 DAI = 0.6193 STBL |
1 DAI = 1.24 STBL |
5 DAI = 6.19 STBL |
10 DAI = 12.39 STBL |
50 DAI = 61.93 STBL |
100 DAI = 123.87 STBL |
500 DAI = 619.33 STBL |
1,000 DAI = 1,238.67 STBL |
STBL to DAI values from Today at 8:06 am
0.5 STBL = 0.4037 DAI |
1 STBL = 0.8073 DAI |
5 STBL = 4.04 DAI |
10 STBL = 8.07 DAI |
50 STBL = 40.37 DAI |
100 STBL = 80.73 DAI |
500 STBL = 403.66 DAI |
1,000 STBL = 807.32 DAI |
DAI to STBL over time
DAI | Today | 24H 1.30% | 1M 8.68% | 1Y 17.01% |
|---|---|---|---|---|
0.5 DAI | 0.6193 STBL | 0.6113 STBL | 0.5656 STBL | 0.514 STBL |
1 DAI | 1.24 STBL | 1.22 STBL | 1.13 STBL | 1.03 STBL |
5 DAI | 6.19 STBL | 6.11 STBL | 5.66 STBL | 5.14 STBL |
10 DAI | 12.39 STBL | 12.23 STBL | 11.31 STBL | 10.28 STBL |
50 DAI | 61.93 STBL | 61.13 STBL | 56.56 STBL | 51.40 STBL |
100 DAI | 123.87 STBL | 122.26 STBL | 113.12 STBL | 102.80 STBL |
500 DAI | 619.33 STBL | 611.30 STBL | 565.60 STBL | 514.00 STBL |
1,000 DAI | 1,238.67 STBL | 1,222.61 STBL | 1,131.20 STBL | 1,028.00 STBL |
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