Convert Dai DAI to Synthetix Network Token SNX
DAI to SNX: 1 Dai converts to 2.37 SNX as of December 17 at 1:42 PM
About DAI and SNX
Dai is climbing, while Synthetix Network Token is falling this week. The current DAI to SNX conversion rate is 2.37. Inversely, this means that if you convert 1 SNX you will get 0.42 DAI. The conversion rate of DAI/SNX has decreased by 0.04% in the last hour (SNX/DAI increased by 0.04%). In the last 24 hours, DAI/SNX grew by 0.95%, while SNX/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 2.37 SNX. In other words, to buy 5 Dai, it would cost you 11.83 SNX. Inversely, 1 SNX would allow you to trade for 0.42 DAI while 50 SNX would convert to 21.13 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 14.46%. Meanwhile, in the last 24 hours, the rate has changed by 1.29%, which means that the highest exchange rate of 1 DAI to SNX was 2.39 SNX and the lowest 24 hour value was 1 DAI for 2.23 SNX. Last month, 1 DAI was worth 1.39 SNX. Today, it's up 41.09%. Looking back a year, Dai has changed by 0.37 SNX. That means that in a single year, the value of Dai has grown by 84.38%.
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.
Synthetix Network Token Market Stats
Synthetix Network Token (SNX) is an Ethereum token that powers Synthetix, a decentralised synthetic asset issuance protocol. Synthetic assets are minted when token holders stake their SNX as collateral using Mintr, a decentralised application for interacting with the Synthetix contracts. The protocol currently supports synthetic fiat currencies, cryptocurrencies, and commodities.
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase. Terms apply.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Conversion tables
DAI to SNX values from Today at 1:42 pm
0.5 DAI = 1.18 SNX |
1 DAI = 2.37 SNX |
5 DAI = 11.83 SNX |
10 DAI = 23.67 SNX |
50 DAI = 118.34 SNX |
100 DAI = 236.67 SNX |
500 DAI = 1,183.37 SNX |
1,000 DAI = 2,366.75 SNX |
SNX to DAI values from Today at 1:42 pm
0.5 SNX = 0.21 DAI |
1 SNX = 0.42 DAI |
5 SNX = 2.11 DAI |
10 SNX = 4.23 DAI |
50 SNX = 21.13 DAI |
100 SNX = 42.25 DAI |
500 SNX = 211.26 DAI |
1,000 SNX = 422.52 DAI |
DAI to SNX over time
DAI | Today | 24H 1.29% | 1M 41.09% | 1Y 84.38% |
|---|---|---|---|---|
0.5 DAI | 1.18 SNX | 1.17 SNX | 0.70 SNX | 0.18 SNX |
1 DAI | 2.37 SNX | 2.34 SNX | 1.39 SNX | 0.37 SNX |
5 DAI | 11.83 SNX | 11.68 SNX | 6.97 SNX | 1.85 SNX |
10 DAI | 23.67 SNX | 23.36 SNX | 13.94 SNX | 3.70 SNX |
50 DAI | 118.34 SNX | 116.82 SNX | 69.72 SNX | 18.48 SNX |
100 DAI | 236.67 SNX | 233.63 SNX | 139.44 SNX | 36.96 SNX |
500 DAI | 1,183.37 SNX | 1,168.17 SNX | 697.18 SNX | 184.80 SNX |
1,000 DAI | 2,366.75 SNX | 2,336.33 SNX | 1,394.36 SNX | 369.60 SNX |
Buy Dai with Coinbase
Create a Coinbase account to buy and sell Dai on the most secure crypto exchange.
Frequently asked questions
How much is 1 Dai in USD?
Right now, 1 Dai is worth about $1.00.
How much DAI could I buy for 1 USD?
Based on the current rate, you could get 1 DAI for 1 USD.
How do I calculate or convert DAI to USD?
You can use our DAI to USD calculator at the top of this page to convert any amount of DAI to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5 DAI. Inversely, 5 DAI will cost about $5.00
How can I buy 1 Dai on Coinbase?
Dai is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Dai.
Buy Dai with Coinbase
Create a Coinbase account to buy and sell Dai on the most secure crypto exchange.
Related conversions
Discover other cryptocurrencies to currency conversions
Discover other cryptocurrency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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.