Convert Dai DAI to Wrapped Bitcoin WBTC
DAI to WBTC: 1 Dai converts to 0.00000943 WBTC as of June 8 at 10:26 PM
Dai (DAI) is not tradable on Coinbase.
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About DAI and WBTC
Dai is falling, while Wrapped Bitcoin is climbing this week. The current DAI to WBTC conversion rate is 0.00000943. Inversely, this means that if you convert 1 WBTC you will get 106,092.6 DAI. The conversion rate of DAI/WBTC has increased by 0.14% in the last hour (WBTC/DAI decreased by 0.14%). In the last 24 hours, DAI/WBTC shrunk by 0.33%, while WBTC/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 0.00000943 WBTC. In other words, to buy 5 Dai, it would cost you 0.00004713 WBTC. Inversely, 1 WBTC would allow you to trade for 106,092.60 DAI while 50 WBTC would convert to 5,304,630.14 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.58%. Meanwhile, in the last 24 hours, the rate has changed by 0.33%, and that the highest exchange rate of 1 DAI to WBTC was 0.00000952 WBTC and the lowest 24 hour value was 1 DAI for 0.00000940 WBTC. Last month, 1 DAI was worth 0.00000973 WBTC. Today, it's down 3.18%. Looking back a year, Dai has changed by 0.000014 WBTC. That means that in a single year, the value of Dai has shrank by 52.31%.
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.
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
Conversion tables
DAI to WBTC values from Today at 10:26 pm
0.5 DAI = 0.00000471 WBTC |
1 DAI = 0.00000943 WBTC |
5 DAI = 0.000047 WBTC |
10 DAI = 0.000094 WBTC |
50 DAI = 0.000471 WBTC |
100 DAI = 0.000943 WBTC |
500 DAI = 0.0047 WBTC |
1,000 DAI = 0.0094 WBTC |
WBTC to DAI values from Today at 10:26 pm
0.5 WBTC = 53,046.30 DAI |
1 WBTC = 106,092.60 DAI |
5 WBTC = 530,463.01 DAI |
10 WBTC = 1,060,926.03 DAI |
50 WBTC = 5,304,630.14 DAI |
100 WBTC = 10,609,260.27 DAI |
500 WBTC = 53,046,301.35 DAI |
1,000 WBTC = 106,092,602.70 DAI |
DAI to WBTC over time
DAI | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 DAI | 0.00000471 WBTC | 0.00000473 WBTC | 0.00000486 WBTC | 0.00000718 WBTC |
1 DAI | 0.00000943 WBTC | 0.00000946 WBTC | 0.00000973 WBTC | 0.000014 WBTC |
5 DAI | 0.000047 WBTC | 0.000047 WBTC | 0.000049 WBTC | 0.000072 WBTC |
10 DAI | 0.000094 WBTC | 0.000095 WBTC | 0.000097 WBTC | 0.000144 WBTC |
50 DAI | 0.000471 WBTC | 0.000473 WBTC | 0.000486 WBTC | 0.000718 WBTC |
100 DAI | 0.000943 WBTC | 0.000946 WBTC | 0.000973 WBTC | 0.0014 WBTC |
500 DAI | 0.0047 WBTC | 0.0047 WBTC | 0.0049 WBTC | 0.0072 WBTC |
1,000 DAI | 0.0094 WBTC | 0.0095 WBTC | 0.0097 WBTC | 0.0144 WBTC |
Frequently asked questions
How much is 1 Dai in WBTC?
Right now, 1 Dai is worth about 0.00000943 WBTC.
How much DAI could I buy for 1 WBTC?
Based on the current rate, you could get 106,092.6 DAI for 1 WBTC.
How do I calculate or convert DAI to WBTC?
You can use our DAI to WBTC calculator at the top of this page to convert any amount of DAI to WBTC. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 WBTC is equivalent to 530,463.01 DAI. Inversely, 5 DAI will cost about 0.000047 WBTC.
How can I buy 1 Dai on Coinbase?
Dai is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Dai.
What are assets similar to Dai that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Dai, including Bitget Token, Pepe, and Pi. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
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