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About SPELL and DAI
Spell Token is falling, while Dai is climbing this week. The current SPELL to DAI conversion rate is 0.00008451. Inversely, this means that if you convert 1 DAI you will get 11,832.40 SPELL. The conversion rate of SPELL/DAI has decreased by 0.87% in the last hour (DAI/SPELL increased by 0.88%). In the last 24 hours, SPELL/DAI shrunk by 2.4%, while DAI/SPELL grew by 2.46%.
The exchange rate of Spell Token is decreasing. The current value of 1 SPELL is 0.00008451 DAI. In other words, to buy 5 Spell Token, it would cost you 0.00042257 DAI. Inversely, 1 DAI would allow you to trade for 11,832.40 SPELL while 50 DAI would convert to 591,620.20 SPELL, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 10.73%. Meanwhile, in the last 24 hours, the rate has changed by 2.91%, and that the highest exchange rate of 1 SPELL to DAI was 0.00008937 DAI and the lowest 24 hour value was 1 SPELL for 0.00008496 DAI. Last month, 1 SPELL was worth 0.00008187 DAI. Today, it's up 3.23%. Looking back a year, Spell Token has changed by 0.0003491 DAI. That means that in a single year, the value of Spell Token has shrank by 75.79%.
Spell Token Market Stats
SPELL is an Ethereum token that governs Abracadabra.money, a platform that lets users deposit collateral in the form of interest-bearing crypto assets (such as yvYFI, yvUSDT, yvUSDC, xSUSHI) in order to mint MIM, a stablecoin that attempts to maintain a value of US$1.00. SPELL can be staked to earn sSPELL, which grants governance rights and other rewards.
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
SPELL to DAI values from Today at 9:27 pm
0.5 SPELL = 0.00004226 DAI |
1 SPELL = 0.00008451 DAI |
5 SPELL = 0.0004226 DAI |
10 SPELL = 0.0008451 DAI |
50 SPELL = 0.004226 DAI |
100 SPELL = 0.008451 DAI |
500 SPELL = 0.04226 DAI |
1,000 SPELL = 0.08451 DAI |
DAI to SPELL values from Today at 9:28 pm
0.5 DAI = 5,916.20 SPELL |
1 DAI = 11,832.40 SPELL |
5 DAI = 59,162.02 SPELL |
10 DAI = 118,324.04 SPELL |
50 DAI = 591,620.20 SPELL |
100 DAI = 1,183,240.39 SPELL |
500 DAI = 5,916,201.97 SPELL |
1,000 DAI = 11,832,403.93 SPELL |
SPELL to DAI over time
SPELL | Today | 24H -2.99% | 1M 3.13% | 1Y -313.09% |
|---|---|---|---|---|
0.5 SPELL | 0.00004226 DAI | 0.00004352 DAI | 0.00004093 DAI | 0.0001746 DAI |
1 SPELL | 0.00008451 DAI | 0.00008704 DAI | 0.00008187 DAI | 0.0003491 DAI |
5 SPELL | 0.0004226 DAI | 0.0004352 DAI | 0.0004093 DAI | 0.001746 DAI |
10 SPELL | 0.0008451 DAI | 0.0008704 DAI | 0.0008187 DAI | 0.003491 DAI |
50 SPELL | 0.004226 DAI | 0.004352 DAI | 0.004093 DAI | 0.01746 DAI |
100 SPELL | 0.008451 DAI | 0.008704 DAI | 0.008187 DAI | 0.03491 DAI |
500 SPELL | 0.04226 DAI | 0.04352 DAI | 0.04093 DAI | 0.1746 DAI |
1,000 SPELL | 0.08451 DAI | 0.08704 DAI | 0.08187 DAI | 0.3491 DAI |
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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.