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About SPELL and DAI
Spell Token is falling, while Dai is climbing this week. The current SPELL to DAI conversion rate is 0.00008477. Inversely, this means that if you convert 1 DAI you will get 11,796.05 SPELL. The conversion rate of SPELL/DAI has decreased by 0.66% in the last hour (DAI/SPELL increased by 0.67%). In the last 24 hours, SPELL/DAI shrunk by 0.08%, while DAI/SPELL grew by 0.08%.
The exchange rate of Spell Token is decreasing. The current value of 1 SPELL is 0.00008477 DAI. In other words, to buy 5 Spell Token, it would cost you 0.00042387 DAI. Inversely, 1 DAI would allow you to trade for 11,796.05 SPELL while 50 DAI would convert to 589,802.27 SPELL, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 8.08%. Meanwhile, in the last 24 hours, the rate has changed by 0.15%, and that the highest exchange rate of 1 SPELL to DAI was 0.00008791 DAI and the lowest 24 hour value was 1 SPELL for 0.00008324 DAI. Last month, 1 SPELL was worth 0.00008727 DAI. Today, it's down 2.86%. Looking back a year, Spell Token has changed by 0.0003418 DAI. That means that in a single year, the value of Spell Token has shrank by 75.2%.
Spell Token Market Stats
SPELL is an Ethereum token that governs Abracadabra.money, a platform that lets users deposit collateral in the form of interest-bearing crypto assets (such as yvYFI, yvUSDT, yvUSDC, xSUSHI) in order to mint MIM, a stablecoin that attempts to maintain a value of US$1.00. SPELL can be staked to earn sSPELL, which grants governance rights and other rewards.
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
SPELL to DAI values from Today at 5:54 am
0.5 SPELL = 0.00004239 DAI |
1 SPELL = 0.00008477 DAI |
5 SPELL = 0.0004239 DAI |
10 SPELL = 0.0008477 DAI |
50 SPELL = 0.004239 DAI |
100 SPELL = 0.008477 DAI |
500 SPELL = 0.04239 DAI |
1,000 SPELL = 0.08477 DAI |
DAI to SPELL values from Today at 6:05 am
0.5 DAI = 5,898.02 SPELL |
1 DAI = 11,796.05 SPELL |
5 DAI = 58,980.23 SPELL |
10 DAI = 117,960.45 SPELL |
50 DAI = 589,802.27 SPELL |
100 DAI = 1,179,604.54 SPELL |
500 DAI = 5,898,022.71 SPELL |
1,000 DAI = 11,796,045.42 SPELL |
SPELL to DAI over time
SPELL | Today | 24H -0.15% | 1M -2.94% | 1Y -303.23% |
|---|---|---|---|---|
0.5 SPELL | 0.00004239 DAI | 0.00004245 DAI | 0.00004363 DAI | 0.0001709 DAI |
1 SPELL | 0.00008477 DAI | 0.0000849 DAI | 0.00008727 DAI | 0.0003418 DAI |
5 SPELL | 0.0004239 DAI | 0.0004245 DAI | 0.0004363 DAI | 0.001709 DAI |
10 SPELL | 0.0008477 DAI | 0.000849 DAI | 0.0008727 DAI | 0.003418 DAI |
50 SPELL | 0.004239 DAI | 0.004245 DAI | 0.004363 DAI | 0.01709 DAI |
100 SPELL | 0.008477 DAI | 0.00849 DAI | 0.008727 DAI | 0.03418 DAI |
500 SPELL | 0.04239 DAI | 0.04245 DAI | 0.04363 DAI | 0.1709 DAI |
1,000 SPELL | 0.08477 DAI | 0.0849 DAI | 0.08727 DAI | 0.3418 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.