Convert Dai DAI to Wrapped Bitcoin WBTC
DAI to WBTC: 1 Dai converts to 0.00000932 WBTC as of June 12 at 4:23 PM
Dai (DAI) is not tradable on Coinbase.
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About DAI and WBTC
Dai is climbing, while Wrapped Bitcoin is falling this week. The current DAI to WBTC conversion rate is 0.00000932. Inversely, this means that if you convert 1 WBTC you will get 107,332.59 DAI. The conversion rate of DAI/WBTC has increased by 0.35% in the last hour (WBTC/DAI decreased by 0.35%). In the last 24 hours, DAI/WBTC grew by 2.05%, while WBTC/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 0.00000932 WBTC. In other words, to buy 5 Dai, it would cost you 0.00004658 WBTC. Inversely, 1 WBTC would allow you to trade for 107,332.59 DAI while 50 WBTC would convert to 5,366,629.53 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.05%. Meanwhile, in the last 24 hours, the rate has changed by 2.01%, and that the highest exchange rate of 1 DAI to WBTC was 0.00000937 WBTC and the lowest 24 hour value was 1 DAI for 0.00000912 WBTC. Last month, 1 DAI was worth 0.00000974 WBTC. Today, it's down 4.51%. Looking back a year, Dai has changed by 0.000010 WBTC. That means that in a single year, the value of Dai has shrank by 11.06%.
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 4:22 pm
0.5 DAI = 0.00000466 WBTC |
1 DAI = 0.00000932 WBTC |
5 DAI = 0.000047 WBTC |
10 DAI = 0.000093 WBTC |
50 DAI = 0.000466 WBTC |
100 DAI = 0.000932 WBTC |
500 DAI = 0.0047 WBTC |
1,000 DAI = 0.0093 WBTC |
WBTC to DAI values from Today at 4:22 pm
0.5 WBTC = 53,666.30 DAI |
1 WBTC = 107,332.59 DAI |
5 WBTC = 536,662.95 DAI |
10 WBTC = 1,073,325.91 DAI |
50 WBTC = 5,366,629.53 DAI |
100 WBTC = 10,733,259.05 DAI |
500 WBTC = 53,666,295.26 DAI |
1,000 WBTC = 107,332,590.53 DAI |
DAI to WBTC over time
DAI | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 DAI | 0.00000466 WBTC | 0.00000456 WBTC | 0.00000487 WBTC | 0.00000517 WBTC |
1 DAI | 0.00000932 WBTC | 0.00000913 WBTC | 0.00000974 WBTC | 0.000010 WBTC |
5 DAI | 0.000047 WBTC | 0.000046 WBTC | 0.000049 WBTC | 0.000052 WBTC |
10 DAI | 0.000093 WBTC | 0.000091 WBTC | 0.000097 WBTC | 0.000103 WBTC |
50 DAI | 0.000466 WBTC | 0.000456 WBTC | 0.000487 WBTC | 0.000517 WBTC |
100 DAI | 0.000932 WBTC | 0.000913 WBTC | 0.000974 WBTC | 0.0010 WBTC |
500 DAI | 0.0047 WBTC | 0.0046 WBTC | 0.0049 WBTC | 0.0052 WBTC |
1,000 DAI | 0.0093 WBTC | 0.0091 WBTC | 0.0097 WBTC | 0.0103 WBTC |
Frequently asked questions
How much is 1 Dai in WBTC?
Right now, 1 Dai is worth about 0.00000932 WBTC.
How much DAI could I buy for 1 WBTC?
Based on the current rate, you could get 107,332.59 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 536,662.95 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 Uniswap. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
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