Convert Dai DAI to Wrapped Bitcoin WBTC
DAI to WBTC: 1 Dai converts to 0.00000925 WBTC as of July 5 at 11:17 AM
About DAI and WBTC
Dai is climbing, while Wrapped Bitcoin is falling this week. The current DAI to WBTC conversion rate is 0.00000925. Inversely, this means that if you convert 1 WBTC you will get 108,090.54 DAI. The conversion rate of DAI/WBTC has decreased by 0.04% in the last hour (WBTC/DAI increased by 0.04%). In the last 24 hours, DAI/WBTC grew by 0.75%, while WBTC/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 0.00000925 WBTC. In other words, to buy 5 Dai, it would cost you 0.00004626 WBTC. Inversely, 1 WBTC would allow you to trade for 108,090.54 DAI while 50 WBTC would convert to 5,404,527.09 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.78%. Meanwhile, in the last 24 hours, the rate has changed by 0.75%, and that the highest exchange rate of 1 DAI to WBTC was 0.00000931 WBTC and the lowest 24 hour value was 1 DAI for 0.00000918 WBTC. Last month, 1 DAI was worth 0.00000954 WBTC. Today, it's down 3.17%. Looking back a year, Dai has changed by 0.000017 WBTC. That means that in a single year, the value of Dai has shrank by 85.43%.
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 11:17 am
0.5 DAI = 0.00000463 WBTC |
1 DAI = 0.00000925 WBTC |
5 DAI = 0.000046 WBTC |
10 DAI = 0.000093 WBTC |
50 DAI = 0.000463 WBTC |
100 DAI = 0.000925 WBTC |
500 DAI = 0.0046 WBTC |
1,000 DAI = 0.0093 WBTC |
WBTC to DAI values from Today at 11:17 am
0.5 WBTC = 54,045.27 DAI |
1 WBTC = 108,090.54 DAI |
5 WBTC = 540,452.71 DAI |
10 WBTC = 1,080,905.42 DAI |
50 WBTC = 5,404,527.09 DAI |
100 WBTC = 10,809,054.17 DAI |
500 WBTC = 54,045,270.87 DAI |
1,000 WBTC = 108,090,541.74 DAI |
DAI to WBTC over time
DAI | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 DAI | 0.00000463 WBTC | 0.00000459 WBTC | 0.00000477 WBTC | 0.00000858 WBTC |
1 DAI | 0.00000925 WBTC | 0.00000918 WBTC | 0.00000954 WBTC | 0.000017 WBTC |
5 DAI | 0.000046 WBTC | 0.000046 WBTC | 0.000048 WBTC | 0.000086 WBTC |
10 DAI | 0.000093 WBTC | 0.000092 WBTC | 0.000095 WBTC | 0.000172 WBTC |
50 DAI | 0.000463 WBTC | 0.000459 WBTC | 0.000477 WBTC | 0.000858 WBTC |
100 DAI | 0.000925 WBTC | 0.000918 WBTC | 0.000954 WBTC | 0.0017 WBTC |
500 DAI | 0.0046 WBTC | 0.0046 WBTC | 0.0048 WBTC | 0.0086 WBTC |
1,000 DAI | 0.0093 WBTC | 0.0092 WBTC | 0.0095 WBTC | 0.0172 WBTC |
Frequently asked questions
How much is 1 Dai in EUR?
Right now, 1 Dai is worth about €0.85.
How much DAI could I buy for 1 EUR?
Based on the current rate, you could get 1.18 DAI for 1 EUR.
How much has the price of Dai changed?
Dai price has been declining. Since yesterday, the exchange rate of Dai has decreased. Since last month, the exchange rate of Dai has increased. Since this time last year, the price of Dai has increased.
How do I calculate or convert DAI to EUR?
You can use our DAI to EUR calculator at the top of this page to convert any amount of DAI to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 5.89 DAI. Inversely, 5 DAI will cost about €4.25
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 Polkadot, Monero, and Bitget Token. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
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