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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 0.0000837. Inversely, this means that if you convert 1 DAI you will get 11,946.98 SPELL. The conversion rate of SPELL/DAI has decreased by 0.42% in the last hour (DAI/SPELL increased by 0.43%). In the last 24 hours, SPELL/DAI shrunk by 3.96%, while DAI/SPELL grew by 4.12%.
The exchange rate of Spell Token is decreasing. The current value of 1 SPELL is 0.0000837 DAI. In other words, to buy 5 Spell Token, it would cost you 0.00041852 DAI. Inversely, 1 DAI would allow you to trade for 11,946.98 SPELL while 50 DAI would convert to 597,349.15 SPELL, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 11.72%. Meanwhile, in the last 24 hours, the rate has changed by 3.96%, and that the highest exchange rate of 1 SPELL to DAI was 0.00008767 DAI and the lowest 24 hour value was 1 SPELL for 0.00008359 DAI. Last month, 1 SPELL was worth 0.00008527 DAI. Today, it's down 1.84%. Looking back a year, Spell Token has changed by 0.0003906 DAI. That means that in a single year, the value of Spell Token has shrank by 78.57%.
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 8:09 am
0.5 SPELL = 0.00004185 DAI |
1 SPELL = 0.0000837 DAI |
5 SPELL = 0.0004185 DAI |
10 SPELL = 0.000837 DAI |
50 SPELL = 0.004185 DAI |
100 SPELL = 0.00837 DAI |
500 SPELL = 0.04185 DAI |
1,000 SPELL = 0.0837 DAI |
DAI to SPELL values from Today at 8:07 am
0.5 DAI = 5,973.49 SPELL |
1 DAI = 11,946.98 SPELL |
5 DAI = 59,734.91 SPELL |
10 DAI = 119,469.83 SPELL |
50 DAI = 597,349.15 SPELL |
100 DAI = 1,194,698.29 SPELL |
500 DAI = 5,973,491.45 SPELL |
1,000 DAI = 11,946,982.90 SPELL |
SPELL to DAI over time
SPELL | Today | 24H -4.12% | 1M -1.87% | 1Y -366.60% |
|---|---|---|---|---|
0.5 SPELL | 0.00004185 DAI | 0.00004358 DAI | 0.00004263 DAI | 0.0001953 DAI |
1 SPELL | 0.0000837 DAI | 0.00008715 DAI | 0.00008527 DAI | 0.0003906 DAI |
5 SPELL | 0.0004185 DAI | 0.0004358 DAI | 0.0004263 DAI | 0.001953 DAI |
10 SPELL | 0.000837 DAI | 0.0008715 DAI | 0.0008527 DAI | 0.003906 DAI |
50 SPELL | 0.004185 DAI | 0.004358 DAI | 0.004263 DAI | 0.01953 DAI |
100 SPELL | 0.00837 DAI | 0.008715 DAI | 0.008527 DAI | 0.03906 DAI |
500 SPELL | 0.04185 DAI | 0.04358 DAI | 0.04263 DAI | 0.1953 DAI |
1,000 SPELL | 0.0837 DAI | 0.08715 DAI | 0.08527 DAI | 0.3906 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.