Convert Dai DAI to Frax Price Index Share FPIS
DAI to FPIS: 1 Dai converts to 11.48 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 11.48. Inversely, this means that if you convert 1 FPIS you will get 0.08708 DAI. The conversion rate of DAI/FPIS has decreased by 0.15% in the last hour (FPIS/DAI increased by 0.15%). In the last 24 hours, DAI/FPIS grew by 0.31%, while FPIS/DAI shrunk by 0.31%.
The exchange rate of Dai is increasing. The current value of 1 DAI is 11.48 FPIS. In other words, to buy 5 Dai, it would cost you 57.42 FPIS. Inversely, 1 FPIS would allow you to trade for 0.08708 DAI while 50 FPIS would convert to 4.35 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.38%. Meanwhile, in the last 24 hours, the rate has changed by 0.22%, which means that the highest exchange rate of 1 DAI to FPIS was 11.71 FPIS and the lowest 24 hour value was 1 DAI for 11.45 FPIS. Last month, 1 DAI was worth 10.67 FPIS. Today, it's up 7.66%. Looking back a year, Dai has changed by 3.37 FPIS. That means that in a single year, the value of Dai has grown by 240.99%.
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 6:53 pm
0.5 DAI = 5.74 FPIS |
1 DAI = 11.48 FPIS |
5 DAI = 57.42 FPIS |
10 DAI = 114.84 FPIS |
50 DAI = 574.22 FPIS |
100 DAI = 1,148.43 FPIS |
500 DAI = 5,742.17 FPIS |
1,000 DAI = 11,484.33 FPIS |
FPIS to DAI values from Today at 6:53 pm
0.5 FPIS = 0.04354 DAI |
1 FPIS = 0.08708 DAI |
5 FPIS = 0.4354 DAI |
10 FPIS = 0.8708 DAI |
50 FPIS = 4.35 DAI |
100 FPIS = 8.71 DAI |
500 FPIS = 43.54 DAI |
1,000 FPIS = 87.08 DAI |
DAI to FPIS over time
DAI | Today | 24H 0.22% | 1M 7.11% | 1Y 70.67% |
|---|---|---|---|---|
0.5 DAI | 5.74 FPIS | 5.73 FPIS | 5.33 FPIS | 1.68 FPIS |
1 DAI | 11.48 FPIS | 11.46 FPIS | 10.67 FPIS | 3.37 FPIS |
5 DAI | 57.42 FPIS | 57.29 FPIS | 53.34 FPIS | 16.84 FPIS |
10 DAI | 114.84 FPIS | 114.59 FPIS | 106.68 FPIS | 33.68 FPIS |
50 DAI | 574.22 FPIS | 572.94 FPIS | 533.38 FPIS | 168.40 FPIS |
100 DAI | 1,148.43 FPIS | 1,145.87 FPIS | 1,066.76 FPIS | 336.79 FPIS |
500 DAI | 5,742.17 FPIS | 5,729.35 FPIS | 5,333.78 FPIS | 1,683.95 FPIS |
1,000 DAI | 11,484.33 FPIS | 11,458.71 FPIS | 10,667.55 FPIS | 3,367.90 FPIS |
Frequently asked questions
Related conversions
Popular cryptocurrencies
Popular cryptocurrency conversions
Discover other cryptocurrencies to currency conversions
Discover other cryptocurrency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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.
