Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase. Terms apply.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About RED and DAI
Redstone is falling, while Dai is climbing this week. The current RED to DAI conversion rate is 0.1624. Inversely, this means that if you convert 1 DAI you will get 6.16 RED. The conversion rate of RED/DAI has decreased by 0.55% in the last hour (DAI/RED increased by 0.55%). In the last 24 hours, RED/DAI shrunk by 5.94%, while DAI/RED grew by the same amount.
The exchange rate of Redstone is decreasing. The current value of 1 RED is 0.1624 DAI. In other words, to buy 5 Redstone, it would cost you 0.8121 DAI. Inversely, 1 DAI would allow you to trade for 6.16 RED while 50 DAI would convert to 307.83 RED, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 6.84%. Meanwhile, in the last 24 hours, the rate has changed by 5.82%, which means that the highest exchange rate of 1 RED to DAI was 0.1781 DAI and the lowest 24 hour value was 1 RED for 0.1622 DAI. Last month, 1 RED was worth 0.1083 DAI. Today, it's up 33.3%. Looking back a year, Redstone has changed by 0.4451 DAI. That means that in a single year, the value of Redstone has shrank by 174.03%.
Redstone Market Stats
Redstone is a modular blockchain oracle. Redstone’s native token, RED, can be staked by data providers, who supply data to RedStone’s modular oracle network, and by token holders, who enhance network security through direct staking in RedStone’s EigenLayer 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
RED to DAI values from Today at 6:39 am
0.5 RED = 0.08121 DAI |
1 RED = 0.1624 DAI |
5 RED = 0.8121 DAI |
10 RED = 1.62 DAI |
50 RED = 8.12 DAI |
100 RED = 16.24 DAI |
500 RED = 81.21 DAI |
1,000 RED = 162.43 DAI |
DAI to RED values from Today at 6:47 am
0.5 DAI = 3.08 RED |
1 DAI = 6.16 RED |
5 DAI = 30.78 RED |
10 DAI = 61.57 RED |
50 DAI = 307.83 RED |
100 DAI = 615.66 RED |
500 DAI = 3,078.29 RED |
1,000 DAI = 6,156.57 RED |
RED to DAI over time
RED | Today | 24H -5.82% | 1M 33.30% | 1Y -174.03% |
|---|---|---|---|---|
0.5 RED | 0.08121 DAI | 0.08594 DAI | 0.05417 DAI | 0.2226 DAI |
1 RED | 0.1624 DAI | 0.1719 DAI | 0.1083 DAI | 0.4451 DAI |
5 RED | 0.8121 DAI | 0.8594 DAI | 0.5417 DAI | 2.23 DAI |
10 RED | 1.62 DAI | 1.72 DAI | 1.08 DAI | 4.45 DAI |
50 RED | 8.12 DAI | 8.59 DAI | 5.42 DAI | 22.26 DAI |
100 RED | 16.24 DAI | 17.19 DAI | 10.83 DAI | 44.51 DAI |
500 RED | 81.21 DAI | 85.94 DAI | 54.17 DAI | 222.55 DAI |
1,000 RED | 162.43 DAI | 171.87 DAI | 108.33 DAI | 445.11 DAI |
Frequently asked questions
Buy Redstone with Coinbase
Create a Coinbase account to buy and sell Redstone on the most secure crypto exchange.
Related conversions
Learn how to buy popular cryptocurrencies
Popular prediction markets
Popular cryptocurrency 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.