About TETH and DAI
Treehouse ETH is falling, while Dai is climbing this week. The current TETH to DAI conversion rate is 2,591.53. Inversely, this means that if you convert 1 DAI you will get 0.0003859 TETH. The conversion rate of TETH/DAI has increased by 0.06% in the last hour (DAI/TETH decreased by 0.06%). In the last 24 hours, TETH/DAI shrunk by 3.45%, while DAI/TETH grew by 3.58%.
The exchange rate of Treehouse ETH is decreasing. The current value of 1 TETH is 2,591.53 DAI. In other words, to buy 5 Treehouse ETH, it would cost you 12,957.67 DAI. Inversely, 1 DAI would allow you to trade for 0.0003859 TETH while 50 DAI would convert to 0.01929 TETH, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 8.23%. Meanwhile, in the last 24 hours, the rate has changed by 3.24%, and that the highest exchange rate of 1 TETH to DAI was 2,685.48 DAI and the lowest 24 hour value was 1 TETH for 2,560.25 DAI. Last month, 1 TETH was worth 3,137.90 DAI. Today, it's down 17.41%. Looking back a year, Treehouse ETH has changed by 4,174.27 DAI. That means that in a single year, the value of Treehouse ETH has shrank by 37.92%.
Treehouse ETH Market Stats
tETH is a liquid staking token (LST) that converges the fragmented on-chain ETH interest rates market. Holders of tETH earn real yield in excess of Ethereum’s Proof-of-Stake (PoS) rewards through interest rate arbitrage while still being able to use tETH for DeFi activities. tETH is also foundational to supporting the eventual implementation of Treehouse’s Decentralized Offered Rates (DOR) consensus mechanism as well as the Treehouse Actively Validated Service (AVS).
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
TETH to DAI values from Today at 4:46 am
0.5 TETH = 1,295.77 DAI |
1 TETH = 2,591.53 DAI |
5 TETH = 12,957.67 DAI |
10 TETH = 25,915.34 DAI |
50 TETH = 129,576.69 DAI |
100 TETH = 259,153.38 DAI |
500 TETH = 1,295,766.88 DAI |
1,000 TETH = 2,591,533.75 DAI |
DAI to TETH values from Today at 4:46 am
0.5 DAI = 0.0001929 TETH |
1 DAI = 0.0003859 TETH |
5 DAI = 0.001929 TETH |
10 DAI = 0.003859 TETH |
50 DAI = 0.01929 TETH |
100 DAI = 0.03859 TETH |
500 DAI = 0.1929 TETH |
1,000 DAI = 0.3859 TETH |
TETH to DAI over time
TETH | Today | 24H -3.35% | 1M -21.08% | 1Y -61.07% |
|---|---|---|---|---|
0.5 TETH | 1,295.77 DAI | 1,339.19 DAI | 1,568.95 DAI | 2,087.14 DAI |
1 TETH | 2,591.53 DAI | 2,678.38 DAI | 3,137.90 DAI | 4,174.27 DAI |
5 TETH | 12,957.67 DAI | 13,391.88 DAI | 15,689.50 DAI | 20,871.35 DAI |
10 TETH | 25,915.34 DAI | 26,783.75 DAI | 31,379.00 DAI | 41,742.70 DAI |
50 TETH | 129,576.69 DAI | 133,918.76 DAI | 156,894.99 DAI | 208,713.50 DAI |
100 TETH | 259,153.38 DAI | 267,837.53 DAI | 313,789.98 DAI | 417,427.01 DAI |
500 TETH | 1,295,766.88 DAI | 1,339,187.65 DAI | 1,568,949.91 DAI | 2,087,135.03 DAI |
1,000 TETH | 2,591,533.75 DAI | 2,678,375.29 DAI | 3,137,899.82 DAI | 4,174,270.07 DAI |
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