Convert Velodrome Finance VELO to Dai DAI
VELO to DAI: 1 Velodrome Finance converts to 0.0352 DAI
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About VELO and DAI
Velodrome Finance is falling, while Dai is climbing this week. The current VELO to DAI conversion rate is 0.0352. Inversely, this means that if you convert 1 DAI you will get 28.41 VELO. The conversion rate of VELO/DAI has increased by 0.47% in the last hour (DAI/VELO decreased by 0.47%). In the last 24 hours, VELO/DAI shrunk by 5.01%, while DAI/VELO grew by the same amount.
The exchange rate of Velodrome Finance is decreasing. The current value of 1 VELO is 0.0352 DAI. In other words, to buy 5 Velodrome Finance, it would cost you 0.17599 DAI. Inversely, 1 DAI would allow you to trade for 28.41 VELO while 50 DAI would convert to 1,420.57 VELO, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.84%. Meanwhile, in the last 24 hours, the rate has changed by 5.46%, which means that the highest exchange rate of 1 VELO to DAI was 0.0372 DAI and the lowest 24 hour value was 1 VELO for 0.03487 DAI. Last month, 1 VELO was worth 0.02523 DAI. Today, it's up 28.33%. Looking back a year, Velodrome Finance has changed by 0.04542 DAI. That means that in a single year, the value of Velodrome Finance has shrank by 29.05%.
Velodrome Finance Market Stats
Velodrome Finance is an automated market maker on Optimism. VELO is the utility token of Velodrome Finance earned by liquidity providers. VELO tokens can be locked in order to participate in governance. Voters are also rewarded with protocol trading fees.
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
VELO to DAI values from Today at 9:03 pm
0.5 VELO = 0.0176 DAI |
1 VELO = 0.0352 DAI |
5 VELO = 0.176 DAI |
10 VELO = 0.352 DAI |
50 VELO = 1.76 DAI |
100 VELO = 3.52 DAI |
500 VELO = 17.60 DAI |
1,000 VELO = 35.20 DAI |
DAI to VELO values from Today at 9:02 pm
0.5 DAI = 14.21 VELO |
1 DAI = 28.41 VELO |
5 DAI = 142.06 VELO |
10 DAI = 284.11 VELO |
50 DAI = 1,420.57 VELO |
100 DAI = 2,841.14 VELO |
500 DAI = 14,205.68 VELO |
1,000 DAI = 28,411.35 VELO |
VELO to DAI over time
VELO | Today | 24H -5.46% | 1M 28.33% | 1Y -29.05% |
|---|---|---|---|---|
0.5 VELO | 0.0176 DAI | 0.01856 DAI | 0.01261 DAI | 0.02271 DAI |
1 VELO | 0.0352 DAI | 0.03712 DAI | 0.02523 DAI | 0.04542 DAI |
5 VELO | 0.176 DAI | 0.1856 DAI | 0.1261 DAI | 0.2271 DAI |
10 VELO | 0.352 DAI | 0.3712 DAI | 0.2523 DAI | 0.4542 DAI |
50 VELO | 1.76 DAI | 1.86 DAI | 1.26 DAI | 2.27 DAI |
100 VELO | 3.52 DAI | 3.71 DAI | 2.52 DAI | 4.54 DAI |
500 VELO | 17.60 DAI | 18.56 DAI | 12.61 DAI | 22.71 DAI |
1,000 VELO | 35.20 DAI | 37.12 DAI | 25.23 DAI | 45.42 DAI |
Frequently asked questions
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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.