Convert Synthetix Network Token SNX to Dai DAI
SNX to DAI: 1 Synthetix Network Token converts to 0.65 DAI as of June 8 at 11:21 AM
Synthetix Network Token (SNX) is not tradable on Coinbase.
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About SNX and DAI
Synthetix Network Token is falling, while Dai is climbing this week. The current SNX to DAI conversion rate is 0.65. Inversely, this means that if you convert 1 DAI you will get 1.53 SNX. The conversion rate of SNX/DAI has increased by 0.93% in the last hour (DAI/SNX decreased by 0.93%). In the last 24 hours, SNX/DAI shrunk by 0.69%, while DAI/SNX grew by the same amount.
The exchange rate of Synthetix Network Token is decreasing. The current value of 1 SNX is 0.65 DAI. In other words, to buy 5 Synthetix Network Token, it would cost you 3.26 DAI. Inversely, 1 DAI would allow you to trade for 1.53 SNX while 50 DAI would convert to 76.68 SNX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.22%. Meanwhile, in the last 24 hours, the rate has changed by 0.84%, and that the highest exchange rate of 1 SNX to DAI was 0.66 DAI and the lowest 24 hour value was 1 SNX for 0.65 DAI. Last month, 1 SNX was worth 0.68 DAI. Today, it's down 3.83%. Looking back a year, Synthetix Network Token has changed by 2.43 DAI. That means that in a single year, the value of Synthetix Network Token has shrank by 272.81%.
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.
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
SNX to DAI values from Today at 11:21 am
0.5 SNX = 0.33 DAI |
1 SNX = 0.65 DAI |
5 SNX = 3.26 DAI |
10 SNX = 6.52 DAI |
50 SNX = 32.60 DAI |
100 SNX = 65.20 DAI |
500 SNX = 326.02 DAI |
1,000 SNX = 652.03 DAI |
DAI to SNX values from Today at 11:21 am
0.5 DAI = 0.77 SNX |
1 DAI = 1.53 SNX |
5 DAI = 7.67 SNX |
10 DAI = 15.34 SNX |
50 DAI = 76.68 SNX |
100 DAI = 153.37 SNX |
500 DAI = 766.83 SNX |
1,000 DAI = 1,533.67 SNX |
SNX to DAI over time
SNX | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 SNX | 0.33 DAI | 0.33 DAI | 0.34 DAI | 1.22 DAI |
1 SNX | 0.65 DAI | 0.66 DAI | 0.68 DAI | 2.43 DAI |
5 SNX | 3.26 DAI | 3.29 DAI | 3.39 DAI | 12.15 DAI |
10 SNX | 6.52 DAI | 6.58 DAI | 6.77 DAI | 24.31 DAI |
50 SNX | 32.60 DAI | 32.88 DAI | 33.85 DAI | 121.54 DAI |
100 SNX | 65.20 DAI | 65.75 DAI | 67.70 DAI | 243.09 DAI |
500 SNX | 326.02 DAI | 328.77 DAI | 338.52 DAI | 1,215.43 DAI |
1,000 SNX | 652.03 DAI | 657.53 DAI | 677.03 DAI | 2,430.86 DAI |
Frequently asked questions
How much is 1 Synthetix Network Token in DAI?
Right now, 1 Synthetix Network Token is worth about 0.65 DAI.
How much SNX could I buy for 1 DAI?
Based on the current rate, you could get 1.53 SNX for 1 DAI.
How much has the price of Synthetix Network Token changed?
Synthetix Network Token price has been declining. Since yesterday, the exchange rate of Synthetix Network Token has decreased. Since last month, the exchange rate of Synthetix Network Token has decreased. Since this time last year, the price of Synthetix Network Token has decreased.
How do I calculate or convert SNX to DAI?
You can use our SNX to DAI calculator at the top of this page to convert any amount of SNX to DAI. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 DAI is equivalent to 7.67 SNX. Inversely, 5 SNX will cost about 3.26 DAI.
How can I buy 1 Synthetix Network Token on Coinbase?
Synthetix Network Token is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Synthetix Network Token.
What are assets similar to Synthetix Network Token that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Synthetix Network Token, including Aave SNX V2, Notcoin, and Astar. For a more robust list of assets to explore, jump to the asset page dedicated to Synthetix Network Token.
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