About SYN and DAI
Synapse is falling, while Dai is climbing this week. The current SYN to DAI conversion rate is 0.1313. Inversely, this means that if you convert 1 DAI you will get 7.62 SYN. The conversion rate of SYN/DAI has increased by 0.72% in the last hour (DAI/SYN decreased by 0.71%). In the last 24 hours, SYN/DAI shrunk by 2.56%, while DAI/SYN grew by 2.63%.
The exchange rate of Synapse is decreasing. The current value of 1 SYN is 0.1313 DAI. In other words, to buy 5 Synapse, it would cost you 0.6563 DAI. Inversely, 1 DAI would allow you to trade for 7.62 SYN while 50 DAI would convert to 380.91 SYN, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 13.36%. Meanwhile, in the last 24 hours, the rate has changed by 2.6%, and that the highest exchange rate of 1 SYN to DAI was 0.1409 DAI and the lowest 24 hour value was 1 SYN for 0.1293 DAI. Last month, 1 SYN was worth 0.1903 DAI. Today, it's down 31.03%. Looking back a year, Synapse has changed by 0.06857 DAI. That means that in a single year, the value of Synapse has grown by 91.43%.
Synapse Market Stats
SYN is an Ethereum token that powers Synapse, a protocol for bridging and swapping assets across chains, earning yield, and more. SYN can be used to vote on the future of the protocol, and can be awarded to network liquidity providers. Synapse also plans to develop a proof of stake blockchain called Synapse Chain in which validators can stake SYN to help secure the network.
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
SYN to DAI values from Today at 1:56 am
0.5 SYN = 0.06563 DAI |
1 SYN = 0.1313 DAI |
5 SYN = 0.6563 DAI |
10 SYN = 1.31 DAI |
50 SYN = 6.56 DAI |
100 SYN = 13.13 DAI |
500 SYN = 65.63 DAI |
1,000 SYN = 131.26 DAI |
DAI to SYN values from Today at 1:56 am
0.5 DAI = 3.81 SYN |
1 DAI = 7.62 SYN |
5 DAI = 38.09 SYN |
10 DAI = 76.18 SYN |
50 DAI = 380.91 SYN |
100 DAI = 761.82 SYN |
500 DAI = 3,809.12 SYN |
1,000 DAI = 7,618.25 SYN |
SYN to DAI over time
SYN | Today | 24H -2.67% | 1M -44.99% | 1Y 47.76% |
|---|---|---|---|---|
0.5 SYN | 0.06563 DAI | 0.06738 DAI | 0.09516 DAI | 0.03428 DAI |
1 SYN | 0.1313 DAI | 0.1348 DAI | 0.1903 DAI | 0.06857 DAI |
5 SYN | 0.6563 DAI | 0.6738 DAI | 0.9516 DAI | 0.3428 DAI |
10 SYN | 1.31 DAI | 1.35 DAI | 1.90 DAI | 0.6857 DAI |
50 SYN | 6.56 DAI | 6.74 DAI | 9.52 DAI | 3.43 DAI |
100 SYN | 13.13 DAI | 13.48 DAI | 19.03 DAI | 6.86 DAI |
500 SYN | 65.63 DAI | 67.38 DAI | 95.16 DAI | 34.28 DAI |
1,000 SYN | 131.26 DAI | 134.76 DAI | 190.32 DAI | 68.57 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.
