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About DAI and PENDLE
Dai is falling, while Pendle is climbing this week. The current DAI to PENDLE conversion rate is 0.4722. Inversely, this means that if you convert 1 PENDLE you will get 2.12 DAI. The conversion rate of DAI/PENDLE has increased by 2.43% in the last hour (PENDLE/DAI decreased by 2.38%). In the last 24 hours, DAI/PENDLE shrunk by 2.34%, while PENDLE/DAI grew by 2.4%.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 0.4722 PENDLE. In other words, to buy 5 Dai, it would cost you 2.361 PENDLE. Inversely, 1 PENDLE would allow you to trade for 2.12 DAI while 50 PENDLE would convert to 105.89 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.75%. Meanwhile, in the last 24 hours, the rate has changed by 2.38%, and that the highest exchange rate of 1 DAI to PENDLE was 0.4904 PENDLE and the lowest 24 hour value was 1 DAI for 0.4583 PENDLE. Last month, 1 DAI was worth 0.389 PENDLE. Today, it's up 21.38%. Looking back a year, Dai has changed by 0.3206 PENDLE. That means that in a single year, the value of Dai has grown by 47.27%.
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.
Pendle Market Stats
Pendle is a permissionless yield-trading protocol where users can execute various yield-management strategies. Pendle's governance relies on Vote-escrowed PENDLE, also known as vePENDLE, which enables a higher degree of decentralization. By utilizing vePENDLE, PENDLE holders gain access to an array of features that increase the token's utility.
Conversion tables
DAI to PENDLE values from Today at 4:03 pm
0.5 DAI = 0.2361 PENDLE |
1 DAI = 0.4722 PENDLE |
5 DAI = 2.36 PENDLE |
10 DAI = 4.72 PENDLE |
50 DAI = 23.61 PENDLE |
100 DAI = 47.22 PENDLE |
500 DAI = 236.10 PENDLE |
1,000 DAI = 472.19 PENDLE |
PENDLE to DAI values from Today at 4:00 pm
0.5 PENDLE = 1.06 DAI |
1 PENDLE = 2.12 DAI |
5 PENDLE = 10.59 DAI |
10 PENDLE = 21.18 DAI |
50 PENDLE = 105.89 DAI |
100 PENDLE = 211.78 DAI |
500 PENDLE = 1,058.89 DAI |
1,000 PENDLE = 2,117.77 DAI |
DAI to PENDLE over time
DAI | Today | 24H -2.43% | 1M 17.61% | 1Y 32.10% |
|---|---|---|---|---|
0.5 DAI | 0.2361 PENDLE | 0.2418 PENDLE | 0.1945 PENDLE | 0.1603 PENDLE |
1 DAI | 0.4722 PENDLE | 0.4837 PENDLE | 0.389 PENDLE | 0.3206 PENDLE |
5 DAI | 2.36 PENDLE | 2.42 PENDLE | 1.95 PENDLE | 1.60 PENDLE |
10 DAI | 4.72 PENDLE | 4.84 PENDLE | 3.89 PENDLE | 3.21 PENDLE |
50 DAI | 23.61 PENDLE | 24.18 PENDLE | 19.45 PENDLE | 16.03 PENDLE |
100 DAI | 47.22 PENDLE | 48.37 PENDLE | 38.90 PENDLE | 32.06 PENDLE |
500 DAI | 236.10 PENDLE | 241.85 PENDLE | 194.51 PENDLE | 160.32 PENDLE |
1,000 DAI | 472.19 PENDLE | 483.69 PENDLE | 389.02 PENDLE | 320.63 PENDLE |
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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.