About DAI and SPUSD
Dai is climbing, while SoulPeg USD is falling this week. The current DAI to SPUSD conversion rate is 1.01. Inversely, this means that if you convert 1 SPUSD you will get 0.9924 DAI. The conversion rate of DAI/SPUSD has increased by 0.19% in the last hour (SPUSD/DAI decreased by 0.18%). In the last 24 hours, DAI/SPUSD grew by 0.69%, while SPUSD/DAI shrunk by 0.69%.
The exchange rate of Dai is increasing. The current value of 1 DAI is 1.01 SPUSD. In other words, to buy 5 Dai, it would cost you 5.04 SPUSD. Inversely, 1 SPUSD would allow you to trade for 0.9924 DAI while 50 SPUSD would convert to 49.62 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.23%. Meanwhile, in the last 24 hours, the rate has changed by 0.78%, which means that the highest exchange rate of 1 DAI to SPUSD was 1.01 SPUSD and the lowest 24 hour value was 1 DAI for 0.9797 SPUSD. Last month, 1 DAI was worth 1.01 SPUSD. Today, it's down 0.29%. Looking back a year, Dai has changed by 1.00 SPUSD. That means that in a single year, the value of Dai has grown by 0.34%.
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.
SoulPeg USD Market Stats
SoulPeg USD (SPUSD) is a BEP-20 stablecoin wrapper for the non-transferable sUSDC deposit token. Users mint SPUSD by wrapping sUSDC and can always unwrap back to sUSDC; on redeem, SPUSD is burned. The $1 target is maintained on-chain by a simple market-making bot that trades the SPUSD/USDC v2 pool on PancakeSwap and by reserves deployed in transparent lending strategies (currently Venus). Contracts are verified on BscScan, liquidity is partially time-locked via PinkLock, and all docs/code are public.
Conversion tables
DAI to SPUSD values from Today at 2:52 pm
0.5 DAI = 0.5038 SPUSD |
1 DAI = 1.01 SPUSD |
5 DAI = 5.04 SPUSD |
10 DAI = 10.08 SPUSD |
50 DAI = 50.38 SPUSD |
100 DAI = 100.76 SPUSD |
500 DAI = 503.81 SPUSD |
1,000 DAI = 1,007.61 SPUSD |
SPUSD to DAI values from Today at 2:52 pm
0.5 SPUSD = 0.4962 DAI |
1 SPUSD = 0.9924 DAI |
5 SPUSD = 4.96 DAI |
10 SPUSD = 9.92 DAI |
50 SPUSD = 49.62 DAI |
100 SPUSD = 99.24 DAI |
500 SPUSD = 496.22 DAI |
1,000 SPUSD = 992.44 DAI |
DAI to SPUSD over time
DAI | Today | 24H 0.78% | 1M -0.29% | 1Y 0.34% |
|---|---|---|---|---|
0.5 DAI | 0.5038 SPUSD | 0.4999 SPUSD | 0.5053 SPUSD | 0.5021 SPUSD |
1 DAI | 1.01 SPUSD | 0.9998 SPUSD | 1.01 SPUSD | 1.00 SPUSD |
5 DAI | 5.04 SPUSD | 5.00 SPUSD | 5.05 SPUSD | 5.02 SPUSD |
10 DAI | 10.08 SPUSD | 10.00 SPUSD | 10.11 SPUSD | 10.04 SPUSD |
50 DAI | 50.38 SPUSD | 49.99 SPUSD | 50.53 SPUSD | 50.21 SPUSD |
100 DAI | 100.76 SPUSD | 99.98 SPUSD | 101.05 SPUSD | 100.42 SPUSD |
500 DAI | 503.81 SPUSD | 499.90 SPUSD | 505.27 SPUSD | 502.10 SPUSD |
1,000 DAI | 1,007.61 SPUSD | 999.80 SPUSD | 1,010.55 SPUSD | 1,004.21 SPUSD |
Frequently asked questions
Related conversions
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.