Convert Dai DAI to Frax Price Index Share FPIS
DAI to FPIS: 1 Dai converts to 10.64 FPIS
About DAI and FPIS
Dai is climbing, while Frax Price Index Share is falling this week. The current DAI to FPIS conversion rate is 10.64. Inversely, this means that if you convert 1 FPIS you will get 0.09396 DAI. The conversion rate of DAI/FPIS has increased by 0.03% in the last hour (FPIS/DAI decreased by 0.03%). In the last 24 hours, DAI/FPIS grew by 0.73%, while FPIS/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 10.64 FPIS. In other words, to buy 5 Dai, it would cost you 53.21 FPIS. Inversely, 1 FPIS would allow you to trade for 0.09396 DAI while 50 FPIS would convert to 4.70 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 19.14%. Meanwhile, in the last 24 hours, the rate has changed by 0.86%, and that the highest exchange rate of 1 DAI to FPIS was 10.94 FPIS and the lowest 24 hour value was 1 DAI for 10.50 FPIS. Last month, 1 DAI was worth 11.93 FPIS. Today, it's down 12.11%. Looking back a year, Dai has changed by 1.50 FPIS. That means that in a single year, the value of Dai has grown by 85.86%.
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.
Frax Price Index Share Market Stats
The Frax Price Index Share (FPIS) token is the governance token of the Frax Price Index (FPI) system, which is also entitled to seigniorage from the protocol. Excess yield will be directed from the treasury to FPIS holders, similar to Frax Finance's FXS structure.
Conversion tables
DAI to FPIS values from Today at 3:37 pm
0.5 DAI = 5.32 FPIS |
1 DAI = 10.64 FPIS |
5 DAI = 53.21 FPIS |
10 DAI = 106.42 FPIS |
50 DAI = 532.12 FPIS |
100 DAI = 1,064.25 FPIS |
500 DAI = 5,321.23 FPIS |
1,000 DAI = 10,642.47 FPIS |
FPIS to DAI values from Today at 3:37 pm
0.5 FPIS = 0.04698 DAI |
1 FPIS = 0.09396 DAI |
5 FPIS = 0.4698 DAI |
10 FPIS = 0.9396 DAI |
50 FPIS = 4.70 DAI |
100 FPIS = 9.40 DAI |
500 FPIS = 46.98 DAI |
1,000 FPIS = 93.96 DAI |
DAI to FPIS over time
DAI | Today | 24H 0.86% | 1M -12.11% | 1Y 85.86% |
|---|---|---|---|---|
0.5 DAI | 5.32 FPIS | 5.28 FPIS | 5.97 FPIS | 0.7523 FPIS |
1 DAI | 10.64 FPIS | 10.55 FPIS | 11.93 FPIS | 1.50 FPIS |
5 DAI | 53.21 FPIS | 52.76 FPIS | 59.66 FPIS | 7.52 FPIS |
10 DAI | 106.42 FPIS | 105.51 FPIS | 119.32 FPIS | 15.05 FPIS |
50 DAI | 532.12 FPIS | 527.57 FPIS | 596.59 FPIS | 75.23 FPIS |
100 DAI | 1,064.25 FPIS | 1,055.14 FPIS | 1,193.18 FPIS | 150.45 FPIS |
500 DAI | 5,321.23 FPIS | 5,275.71 FPIS | 5,965.90 FPIS | 752.27 FPIS |
1,000 DAI | 10,642.47 FPIS | 10,551.42 FPIS | 11,931.80 FPIS | 1,504.55 FPIS |
Frequently asked questions
Right now, 1 Dai is worth about CA$1.38.
Based on the current rate, you could get 0.7263 DAI for 1 CAD.
Dai price has been declining. Since yesterday, the exchange rate of Dai has decreased. Since last month, the exchange rate of Dai has increased. Since this time last year, the price of Dai has increased.
You can use our DAI to CAD calculator at the top of this page to convert any amount of DAI to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 3.63 DAI. Inversely, 5 DAI will cost about CA$6.88
Dai is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Dai.
There are a number of crypto assets that have the a similar or comparable market cap to Dai, including Canton, Toncoin, and Bitcoin Cash. For a more robust list of assets to explore, jump to the asset page dedicated to 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.