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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 0.00007663. Inversely, this means that if you convert 1 DAI you will get 13,050.00 SPELL. The conversion rate of SPELL/DAI has decreased by 1.16% in the last hour (DAI/SPELL increased by 1.18%). In the last 24 hours, SPELL/DAI shrunk by 3.04%, while DAI/SPELL grew by 3.14%.
The exchange rate of Spell Token is decreasing. The current value of 1 SPELL is 0.00007663 DAI. In other words, to buy 5 Spell Token, it would cost you 0.00038314 DAI. Inversely, 1 DAI would allow you to trade for 13,050.00 SPELL while 50 DAI would convert to 652,499.94 SPELL, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.35%. Meanwhile, in the last 24 hours, the rate has changed by 2.97%, and that the highest exchange rate of 1 SPELL to DAI was 0.00007981 DAI and the lowest 24 hour value was 1 SPELL for 0.00007609 DAI. Last month, 1 SPELL was worth 0.00009817 DAI. Today, it's down 21.95%. Looking back a year, Spell Token has changed by 0.000283 DAI. That means that in a single year, the value of Spell Token has shrank by 72.92%.
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 6:47 am
0.5 SPELL = 0.00003831 DAI |
1 SPELL = 0.00007663 DAI |
5 SPELL = 0.0003831 DAI |
10 SPELL = 0.0007663 DAI |
50 SPELL = 0.003831 DAI |
100 SPELL = 0.007663 DAI |
500 SPELL = 0.03831 DAI |
1,000 SPELL = 0.07663 DAI |
DAI to SPELL values from Today at 6:47 am
0.5 DAI = 6,525.00 SPELL |
1 DAI = 13,050.00 SPELL |
5 DAI = 65,249.99 SPELL |
10 DAI = 130,499.99 SPELL |
50 DAI = 652,499.94 SPELL |
100 DAI = 1,304,999.87 SPELL |
500 DAI = 6,524,999.37 SPELL |
1,000 DAI = 13,049,998.74 SPELL |
SPELL to DAI over time
SPELL | Today | 24H -3.06% | 1M -28.11% | 1Y -269.31% |
|---|---|---|---|---|
0.5 SPELL | 0.00003831 DAI | 0.00003949 DAI | 0.00004909 DAI | 0.0001415 DAI |
1 SPELL | 0.00007663 DAI | 0.00007897 DAI | 0.00009817 DAI | 0.000283 DAI |
5 SPELL | 0.0003831 DAI | 0.0003949 DAI | 0.0004909 DAI | 0.001415 DAI |
10 SPELL | 0.0007663 DAI | 0.0007897 DAI | 0.0009817 DAI | 0.00283 DAI |
50 SPELL | 0.003831 DAI | 0.003949 DAI | 0.004909 DAI | 0.01415 DAI |
100 SPELL | 0.007663 DAI | 0.007897 DAI | 0.009817 DAI | 0.0283 DAI |
500 SPELL | 0.03831 DAI | 0.03949 DAI | 0.04909 DAI | 0.1415 DAI |
1,000 SPELL | 0.07663 DAI | 0.07897 DAI | 0.09817 DAI | 0.283 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.