Convert Frax Price Index Share FPIS to Dai DAI
FPIS to DAI: 1 Frax Price Index Share converts to 0.09419 DAI
About FPIS and DAI
Frax Price Index Share is falling, while Dai is climbing this week. The current FPIS to DAI conversion rate is 0.09419. Inversely, this means that if you convert 1 DAI you will get 10.62 FPIS. The conversion rate of FPIS/DAI has increased by 0.07% in the last hour (DAI/FPIS decreased by 0.07%). In the last 24 hours, FPIS/DAI shrunk by 0.05%, while DAI/FPIS grew by the same amount.
The exchange rate of Frax Price Index Share is decreasing. The current value of 1 FPIS is 0.09419 DAI. In other words, to buy 5 Frax Price Index Share, it would cost you 0.47093 DAI. Inversely, 1 DAI would allow you to trade for 10.62 FPIS while 50 DAI would convert to 530.87 FPIS, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.08%. Meanwhile, in the last 24 hours, the rate has changed by 0.04%, which means that the highest exchange rate of 1 FPIS to DAI was 0.09453 DAI and the lowest 24 hour value was 1 FPIS for 0.09403 DAI. Last month, 1 FPIS was worth 0.08491 DAI. Today, it's up 9.85%. Looking back a year, Frax Price Index Share has changed by 0.5662 DAI. That means that in a single year, the value of Frax Price Index Share has shrank by 501.17%.
Frax Price Index Share Market Stats
The Frax Price Index Share (FPIS) token is the governance token of the Frax Price Index (FPI) system, which is also entitled to seigniorage from the protocol. Excess yield will be directed from the treasury to FPIS holders, similar to Frax Finance's FXS structure.
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
FPIS to DAI values from Today at 8:09 pm
0.5 FPIS = 0.04709 DAI |
1 FPIS = 0.09419 DAI |
5 FPIS = 0.4709 DAI |
10 FPIS = 0.9419 DAI |
50 FPIS = 4.71 DAI |
100 FPIS = 9.42 DAI |
500 FPIS = 47.09 DAI |
1,000 FPIS = 94.19 DAI |
DAI to FPIS values from Today at 8:08 pm
0.5 DAI = 5.31 FPIS |
1 DAI = 10.62 FPIS |
5 DAI = 53.09 FPIS |
10 DAI = 106.17 FPIS |
50 DAI = 530.87 FPIS |
100 DAI = 1,061.74 FPIS |
500 DAI = 5,308.69 FPIS |
1,000 DAI = 10,617.37 FPIS |
FPIS to DAI over time
FPIS | Today | 24H -0.04% | 1M 9.85% | 1Y -501.17% |
|---|---|---|---|---|
0.5 FPIS | 0.04709 DAI | 0.04711 DAI | 0.04245 DAI | 0.2831 DAI |
1 FPIS | 0.09419 DAI | 0.09422 DAI | 0.08491 DAI | 0.5662 DAI |
5 FPIS | 0.4709 DAI | 0.4711 DAI | 0.4245 DAI | 2.83 DAI |
10 FPIS | 0.9419 DAI | 0.9422 DAI | 0.8491 DAI | 5.66 DAI |
50 FPIS | 4.71 DAI | 4.71 DAI | 4.25 DAI | 28.31 DAI |
100 FPIS | 9.42 DAI | 9.42 DAI | 8.49 DAI | 56.62 DAI |
500 FPIS | 47.09 DAI | 47.11 DAI | 42.45 DAI | 283.11 DAI |
1,000 FPIS | 94.19 DAI | 94.22 DAI | 84.91 DAI | 566.22 DAI |
Frequently asked questions
Right now, 1 Frax Price Index Share is worth about MX$1.59.
Based on the current rate, you could get 0.6289 FPIS for 1 MXN.
Frax Price Index Share price has been declining. Since yesterday, the exchange rate of Frax Price Index Share has decreased. Since last month, the exchange rate of Frax Price Index Share has increased. Since this time last year, the price of Frax Price Index Share has decreased.
You can use our FPIS to MXN calculator at the top of this page to convert any amount of FPIS to MXN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MXN is equivalent to 3.14 FPIS. Inversely, 5 FPIS will cost about MX$7.95
Frax Price Index Share can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Frax Price Index Share.
There are a number of crypto assets that have the a similar or comparable market cap to Frax Price Index Share, including Panda DAO, Frax Price Index, and Crogecoin. For a more robust list of assets to explore, jump to the asset page dedicated to Frax Price Index Share.
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