Convert FXS to DAI Instantly on ChangeHero

DAI and FXS are not correlated to each other as FXS's value depends on supply and demand. Whereas, DAI is a stablecoin that is backed by traditional fiats like the dollar and the euro. DAI’s value remains the same, which is $1 regardless of the market conditions. Hence, FXS and DAI do not share a strong relationship.

Considering today’s exchange rate, a transaction of 1 FXS to DAI would result in an output of 0$.

Frax Share (FXS) is a decentralized algorithmic stablecoin designed to maintain a stable value through a combination of collateralized and algorithmic mechanisms. It is the governance token of the Frax protocol, allowing users to participate in decision-making and earn rewards by staking their FXS tokens.

DAI is a crypto-collateralized stablecoin soft-pegged to USD. It means that while its price is always roughly equal to $1, its value is not backed by USD but by other cryptocurrencies. In DAI’s case, it is the cryptocurrencies locked into the Maker protocol as the collateral.

FXS to DAI Conversion Rate and Price

Currently, the conversion rate for 1 FXS equals to 0$. The 24-hour highest price of Frax Shares in relation to DAI was 0$ and the lowest was 0$. In short, FXS price in relation to DAI changed by 0.00%.

Instantly Exchange FXS to DAI 

On ChangeHero you can instantly exchange Frax Shares to DAI without registrations. You can easily convert FXS to DAI in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your FXS to DAI exchange.

FXS to DAI Best Rate Exchange

In the Best Rate exchange of Frax Shares to DAI, we search through various exchanges for the FXS to DAI pair and find the best rate available in the market. We provide you with an estimation of the amount of DAI you will receive.

As soon as you accept the terms and the FXS is deposited, the exchange will be automatically processed. We remind you that the final amount of DAI you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of FXS to DAI.

FXS to DAI Fixed Rate Conversion

In the Fixed Rate exchange of Frax Shares to DAI, ChangeHero finds a good rate for the pair FXS to DAI and fix the rate for up to 15 minutes. In the Best Rate exchange of FXS to DAI, you will receive the exact amount of DAI which was shown in the estimate.

ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned DAI address. ChangeHero is the best place to exchange FXS to DAI fast and safe at the best rates.