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About PENDLE and DAI
Pendle is falling, while Dai is climbing this week. The current PENDLE to DAI conversion rate is 2.06. Inversely, this means that if you convert 1 DAI you will get 0.4861 PENDLE. The conversion rate of PENDLE/DAI has increased by 0.81% in the last hour (DAI/PENDLE decreased by 0.81%). In the last 24 hours, PENDLE/DAI shrunk by 6.75%, while DAI/PENDLE grew by the same amount.
The exchange rate of Pendle is decreasing. The current value of 1 PENDLE is 2.06 DAI. In other words, to buy 5 Pendle, it would cost you 10.29 DAI. Inversely, 1 DAI would allow you to trade for 0.4861 PENDLE while 50 DAI would convert to 24.30 PENDLE, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 18.74%. Meanwhile, in the last 24 hours, the rate has changed by 6.78%, and that the highest exchange rate of 1 PENDLE to DAI was 2.24 DAI and the lowest 24 hour value was 1 PENDLE for 1.98 DAI. Last month, 1 PENDLE was worth 2.16 DAI. Today, it's down 4.93%. Looking back a year, Pendle has changed by 3.91 DAI. That means that in a single year, the value of Pendle has shrank by 90.18%.
Pendle Market Stats
Pendle is a permissionless yield-trading protocol where users can execute various yield-management strategies. Pendle's governance relies on Vote-escrowed PENDLE, also known as vePENDLE, which enables a higher degree of decentralization. By utilizing vePENDLE, PENDLE holders gain access to an array of features that increase the token's utility.
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
PENDLE to DAI values from Today at 2:51 am
0.5 PENDLE = 1.03 DAI |
1 PENDLE = 2.06 DAI |
5 PENDLE = 10.29 DAI |
10 PENDLE = 20.57 DAI |
50 PENDLE = 102.86 DAI |
100 PENDLE = 205.73 DAI |
500 PENDLE = 1,028.64 DAI |
1,000 PENDLE = 2,057.28 DAI |
DAI to PENDLE values from Today at 2:49 am
0.5 DAI = 0.243 PENDLE |
1 DAI = 0.4861 PENDLE |
5 DAI = 2.43 PENDLE |
10 DAI = 4.86 PENDLE |
50 DAI = 24.30 PENDLE |
100 DAI = 48.61 PENDLE |
500 DAI = 243.04 PENDLE |
1,000 DAI = 486.08 PENDLE |
PENDLE to DAI over time
PENDLE | Today | 24H -6.78% | 1M -4.93% | 1Y -90.18% |
|---|---|---|---|---|
0.5 PENDLE | 1.03 DAI | 1.10 DAI | 1.08 DAI | 1.96 DAI |
1 PENDLE | 2.06 DAI | 2.20 DAI | 2.16 DAI | 3.91 DAI |
5 PENDLE | 10.29 DAI | 10.98 DAI | 10.79 DAI | 19.56 DAI |
10 PENDLE | 20.57 DAI | 21.97 DAI | 21.59 DAI | 39.13 DAI |
50 PENDLE | 102.86 DAI | 109.84 DAI | 107.94 DAI | 195.63 DAI |
100 PENDLE | 205.73 DAI | 219.67 DAI | 215.88 DAI | 391.26 DAI |
500 PENDLE | 1,028.64 DAI | 1,098.35 DAI | 1,079.39 DAI | 1,956.29 DAI |
1,000 PENDLE | 2,057.28 DAI | 2,196.70 DAI | 2,158.79 DAI | 3,912.59 DAI |
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