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 0.9936 DAI. The conversion rate of DAI/SPUSD has increased by 0.62% in the last hour (SPUSD/DAI decreased by 0.62%). In the last 24 hours, DAI/SPUSD grew by 1.13%, while SPUSD/DAI shrunk by the same amount.
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 5.03 SPUSD. Inversely, 1 SPUSD would allow you to trade for 0.9936 DAI while 50 SPUSD would convert to 49.68 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.91%. Meanwhile, in the last 24 hours, the rate has changed by 1.13%, which means that the highest exchange rate of 1 DAI to SPUSD was 1.02 SPUSD and the lowest 24 hour value was 1 DAI for 0.9826 SPUSD. Last month, 1 DAI was worth 0.9962 SPUSD. Today, it's up 1.02%. Looking back a year, Dai has changed by 1.01 SPUSD. That means that in a single year, the value of Dai has shrank by 0%.
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 4:41 am
0.5 DAI = 0.5032 SPUSD |
1 DAI = 1.01 SPUSD |
5 DAI = 5.03 SPUSD |
10 DAI = 10.06 SPUSD |
50 DAI = 50.32 SPUSD |
100 DAI = 100.65 SPUSD |
500 DAI = 503.24 SPUSD |
1,000 DAI = 1,006.48 SPUSD |
SPUSD to DAI values from Today at 4:42 am
0.5 SPUSD = 0.4968 DAI |
1 SPUSD = 0.9936 DAI |
5 SPUSD = 4.97 DAI |
10 SPUSD = 9.94 DAI |
50 SPUSD = 49.68 DAI |
100 SPUSD = 99.36 DAI |
500 SPUSD = 496.78 DAI |
1,000 SPUSD = 993.57 DAI |
DAI to SPUSD over time
DAI | Today | 24H 1.13% | 1M 1.02% | 1Y -0.00% |
|---|---|---|---|---|
0.5 DAI | 0.5032 SPUSD | 0.4975 SPUSD | 0.4981 SPUSD | 0.5033 SPUSD |
1 DAI | 1.01 SPUSD | 0.9951 SPUSD | 0.9962 SPUSD | 1.01 SPUSD |
5 DAI | 5.03 SPUSD | 4.98 SPUSD | 4.98 SPUSD | 5.03 SPUSD |
10 DAI | 10.06 SPUSD | 9.95 SPUSD | 9.96 SPUSD | 10.07 SPUSD |
50 DAI | 50.32 SPUSD | 49.75 SPUSD | 49.81 SPUSD | 50.33 SPUSD |
100 DAI | 100.65 SPUSD | 99.51 SPUSD | 99.62 SPUSD | 100.65 SPUSD |
500 DAI | 503.24 SPUSD | 497.55 SPUSD | 498.12 SPUSD | 503.25 SPUSD |
1,000 DAI | 1,006.48 SPUSD | 995.10 SPUSD | 996.24 SPUSD | 1,006.50 SPUSD |
Frequently asked questions
Right now, 1 Dai is worth about MX$16.93.
Based on the current rate, you could get 0.05907 DAI for 1 MXN.
Dai price has been on the rise. Since yesterday, the exchange rate of Dai has increased. Since last month, the exchange rate of Dai has increased. Since this time last year, the price of Dai has decreased.
You can use our DAI to MXN calculator at the top of this page to convert any amount of DAI to MXN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MXN is equivalent to 0.2954 DAI. Inversely, 5 DAI will cost about MX$84.64
Dai is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Dai.
There are a number of crypto assets that have the a similar or comparable market cap to Dai, including Canton, Ethena USDe, and Bitcoin Cash. For a more robust list of assets to explore, jump to the asset page dedicated to 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.