Convert Dai DAI to United States Dollar USD
DAI to USD: 1 Dai converts to $1.00 USD as of November 9 at 2:23 AM
About Dai
Dai is falling this week. The current price of Dai is $1.00 per DAI. With a circulating supply of 5,365,382,702.665 DAI, it means that Dai has a total market cap of $5,365,137,025.55. The amount of Dai traded has fallen by -$25,870,591.61 in the last 24 hours, which is a 25.58% decrease. Additionally, in the last day, $101,133,078.42 worth of DAI has been traded.
The exchange rate of Dai is increasing. The current value of 1 DAI is $1.00 USD. In other words, to buy 5 Dai, it would cost you $5.00 USD. Inversely, $1.00 USD would allow you to trade for 1.00 DAI while $50.00 USD would convert to 50.00 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.01%. Meanwhile, in the last 24 hours, the rate has changed by 0.03%, which means that the highest exchange rate of 1 DAI to USD was $1.00 USD and the lowest 24 hour value was 1 DAI for $1.00 USD. Last month, 1 DAI was worth $1.00 USD. Today, it's up 0.03%. Looking back a year, Dai has changed by $1.00 USD. That means that in a single year, the value of Dai has grown by 0%.
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.