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About SPELL and DAI
Spell Token is climbing, while Dai is falling this week. The current SPELL to DAI conversion rate is 0.00009187. Inversely, this means that if you convert 1 DAI you will get 10,885.34 SPELL. The conversion rate of SPELL/DAI has increased by 0.07% in the last hour (DAI/SPELL decreased by 0.07%). In the last 24 hours, SPELL/DAI grew by 3.03%, while DAI/SPELL shrunk by the same amount.
The exchange rate of Spell Token is increasing. The current value of 1 SPELL is 0.00009187 DAI. In other words, to buy 5 Spell Token, it would cost you 0.00045933 DAI. Inversely, 1 DAI would allow you to trade for 10,885.34 SPELL while 50 DAI would convert to 544,267.12 SPELL, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 10.57%. Meanwhile, in the last 24 hours, the rate has changed by 2.74%, which means that the highest exchange rate of 1 SPELL to DAI was 0.00009275 DAI and the lowest 24 hour value was 1 SPELL for 0.0000884 DAI. Last month, 1 SPELL was worth 0.0000875 DAI. Today, it's up 4.75%. Looking back a year, Spell Token has changed by 0.0004844 DAI. That means that in a single year, the value of Spell Token has shrank by 427.26%.
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 11:29 pm
0.5 SPELL = 0.00004593 DAI |
1 SPELL = 0.00009187 DAI |
5 SPELL = 0.0004593 DAI |
10 SPELL = 0.0009187 DAI |
50 SPELL = 0.004593 DAI |
100 SPELL = 0.009187 DAI |
500 SPELL = 0.04593 DAI |
1,000 SPELL = 0.09187 DAI |
DAI to SPELL values from Today at 11:28 pm
0.5 DAI = 5,442.67 SPELL |
1 DAI = 10,885.34 SPELL |
5 DAI = 54,426.71 SPELL |
10 DAI = 108,853.42 SPELL |
50 DAI = 544,267.12 SPELL |
100 DAI = 1,088,534.24 SPELL |
500 DAI = 5,442,671.21 SPELL |
1,000 DAI = 10,885,342.42 SPELL |
SPELL to DAI over time
SPELL | Today | 24H 2.74% | 1M 4.75% | 1Y -427.26% |
|---|---|---|---|---|
0.5 SPELL | 0.00004593 DAI | 0.00004468 DAI | 0.00004375 DAI | 0.0002422 DAI |
1 SPELL | 0.00009187 DAI | 0.00008935 DAI | 0.0000875 DAI | 0.0004844 DAI |
5 SPELL | 0.0004593 DAI | 0.0004468 DAI | 0.0004375 DAI | 0.002422 DAI |
10 SPELL | 0.0009187 DAI | 0.0008935 DAI | 0.000875 DAI | 0.004844 DAI |
50 SPELL | 0.004593 DAI | 0.004468 DAI | 0.004375 DAI | 0.02422 DAI |
100 SPELL | 0.009187 DAI | 0.008935 DAI | 0.00875 DAI | 0.04844 DAI |
500 SPELL | 0.04593 DAI | 0.04468 DAI | 0.04375 DAI | 0.2422 DAI |
1,000 SPELL | 0.09187 DAI | 0.08935 DAI | 0.0875 DAI | 0.4844 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.