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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 0.00009845. Inversely, this means that if you convert 1 DAI you will get 10,157.42 SPELL. The conversion rate of SPELL/DAI has increased by 0.73% in the last hour (DAI/SPELL decreased by 0.73%). In the last 24 hours, SPELL/DAI grew by 1.07%, while DAI/SPELL shrunk by the same amount.
The exchange rate of Spell Token is increasing. The current value of 1 SPELL is 0.00009845 DAI. In other words, to buy 5 Spell Token, it would cost you 0.00049225 DAI. Inversely, 1 DAI would allow you to trade for 10,157.42 SPELL while 50 DAI would convert to 507,870.97 SPELL, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 9.28%. Meanwhile, in the last 24 hours, the rate has changed by 1.06%, which means that the highest exchange rate of 1 SPELL to DAI was 0.00009981 DAI and the lowest 24 hour value was 1 SPELL for 0.00009607 DAI. Last month, 1 SPELL was worth 0.00008306 DAI. Today, it's up 15.64%. Looking back a year, Spell Token has changed by 0.0004696 DAI. That means that in a single year, the value of Spell Token has shrank by 377.03%.
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 3:27 am
0.5 SPELL = 0.00004923 DAI |
1 SPELL = 0.00009845 DAI |
5 SPELL = 0.0004923 DAI |
10 SPELL = 0.0009845 DAI |
50 SPELL = 0.004923 DAI |
100 SPELL = 0.009845 DAI |
500 SPELL = 0.04923 DAI |
1,000 SPELL = 0.09845 DAI |
DAI to SPELL values from Today at 3:33 am
0.5 DAI = 5,078.71 SPELL |
1 DAI = 10,157.42 SPELL |
5 DAI = 50,787.10 SPELL |
10 DAI = 101,574.19 SPELL |
50 DAI = 507,870.97 SPELL |
100 DAI = 1,015,741.94 SPELL |
500 DAI = 5,078,709.71 SPELL |
1,000 DAI = 10,157,419.42 SPELL |
SPELL to DAI over time
SPELL | Today | 24H 1.06% | 1M 15.64% | 1Y -377.03% |
|---|---|---|---|---|
0.5 SPELL | 0.00004923 DAI | 0.0000487 DAI | 0.00004153 DAI | 0.0002348 DAI |
1 SPELL | 0.00009845 DAI | 0.00009741 DAI | 0.00008306 DAI | 0.0004696 DAI |
5 SPELL | 0.0004923 DAI | 0.000487 DAI | 0.0004153 DAI | 0.002348 DAI |
10 SPELL | 0.0009845 DAI | 0.0009741 DAI | 0.0008306 DAI | 0.004696 DAI |
50 SPELL | 0.004923 DAI | 0.00487 DAI | 0.004153 DAI | 0.02348 DAI |
100 SPELL | 0.009845 DAI | 0.009741 DAI | 0.008306 DAI | 0.04696 DAI |
500 SPELL | 0.04923 DAI | 0.0487 DAI | 0.04153 DAI | 0.2348 DAI |
1,000 SPELL | 0.09845 DAI | 0.09741 DAI | 0.08306 DAI | 0.4696 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.