Convert Alchemix ALCX to Dai DAI
ALCX to DAI: 1 Alchemix converts to 9.72 DAI as of July 18 at 5:23 AM
About ALCX and DAI
Alchemix is climbing, while Dai is falling this week. The current ALCX to DAI conversion rate is 9.72. Inversely, this means that if you convert 1 DAI you will get 0.1 ALCX. The conversion rate of ALCX/DAI has increased by 1.71% in the last hour (DAI/ALCX decreased by 1.71%). In the last 24 hours, ALCX/DAI grew by 5.9%, while DAI/ALCX shrunk by the same amount.
The exchange rate of Alchemix is increasing. The current value of 1 ALCX is 9.72 DAI. In other words, to buy 5 Alchemix, it would cost you 48.62 DAI. Inversely, 1 DAI would allow you to trade for 0.10 ALCX while 50 DAI would convert to 5.14 ALCX, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 9.14%. Meanwhile, in the last 24 hours, the rate has changed by 5.58%, which means that the highest exchange rate of 1 ALCX to DAI was 9.72 DAI and the lowest 24 hour value was 1 ALCX for 8.96 DAI. Last month, 1 ALCX was worth 7.71 DAI. Today, it's up 20.75%. Looking back a year, Alchemix has changed by 18.69 DAI. That means that in a single year, the value of Alchemix has shrank by 92.25%.
Alchemix Market Stats
ALCX is an Ethereum token that governs Alchemix Finance, a protocol that lets users open collateral-backed loans that are paid off automatically using yield generated by the collateral. ALCX can be used to propose and vote on changes to the protocol.
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.
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