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About PENDLE and DAI
Pendle is falling, while Dai is climbing this week. The current PENDLE to DAI conversion rate is 1.73. Inversely, this means that if you convert 1 DAI you will get 0.5784 PENDLE. The conversion rate of PENDLE/DAI has decreased by 1.13% in the last hour (DAI/PENDLE increased by 1.14%). In the last 24 hours, PENDLE/DAI shrunk by 4.63%, while DAI/PENDLE grew by 4.86%.
The exchange rate of Pendle is decreasing. The current value of 1 PENDLE is 1.73 DAI. In other words, to buy 5 Pendle, it would cost you 8.64 DAI. Inversely, 1 DAI would allow you to trade for 0.5784 PENDLE while 50 DAI would convert to 28.92 PENDLE, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 9.98%. Meanwhile, in the last 24 hours, the rate has changed by 4.51%, and that the highest exchange rate of 1 PENDLE to DAI was 1.83 DAI and the lowest 24 hour value was 1 PENDLE for 1.73 DAI. Last month, 1 PENDLE was worth 2.34 DAI. Today, it's down 26.01%. Looking back a year, Pendle has changed by 2.64 DAI. That means that in a single year, the value of Pendle has shrank by 34.53%.
Pendle Market Stats
Pendle is a permissionless protocol for trading tokenized yield and managing exposure to future returns. PENDLE is the protocol's token. Within Pendle, its staked form, sPENDLE, provides voting power for protocol governance.
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
PENDLE to DAI values from Today at 6:48 am
0.5 PENDLE = 0.8645 DAI |
1 PENDLE = 1.73 DAI |
5 PENDLE = 8.64 DAI |
10 PENDLE = 17.29 DAI |
50 PENDLE = 86.45 DAI |
100 PENDLE = 172.89 DAI |
500 PENDLE = 864.46 DAI |
1,000 PENDLE = 1,728.93 DAI |
DAI to PENDLE values from Today at 6:48 am
0.5 DAI = 0.2892 PENDLE |
1 DAI = 0.5784 PENDLE |
5 DAI = 2.89 PENDLE |
10 DAI = 5.78 PENDLE |
50 DAI = 28.92 PENDLE |
100 DAI = 57.84 PENDLE |
500 DAI = 289.20 PENDLE |
1,000 DAI = 578.39 PENDLE |
PENDLE to DAI over time
PENDLE | Today | 24H -4.72% | 1M -35.15% | 1Y -52.75% |
|---|---|---|---|---|
0.5 PENDLE | 0.8645 DAI | 0.9053 DAI | 1.17 DAI | 1.32 DAI |
1 PENDLE | 1.73 DAI | 1.81 DAI | 2.34 DAI | 2.64 DAI |
5 PENDLE | 8.64 DAI | 9.05 DAI | 11.68 DAI | 13.20 DAI |
10 PENDLE | 17.29 DAI | 18.11 DAI | 23.37 DAI | 26.41 DAI |
50 PENDLE | 86.45 DAI | 90.53 DAI | 116.83 DAI | 132.04 DAI |
100 PENDLE | 172.89 DAI | 181.05 DAI | 233.66 DAI | 264.09 DAI |
500 PENDLE | 864.46 DAI | 905.27 DAI | 1,168.31 DAI | 1,320.43 DAI |
1,000 PENDLE | 1,728.93 DAI | 1,810.55 DAI | 2,336.62 DAI | 2,640.86 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.