Convert Dai DAI to Euro EUR
DAI to EUR: 1 Dai converts to €0.85 EUR as of August 17 at 11:00 AM
About Dai
Dai is falling this week. The current price of Dai is €0.85 per DAI. With a circulating supply of 5,365,382,702.665 DAI, it means that Dai has a total market cap of €4,584,825,326.83. The amount of Dai traded has fallen by -€584,478,085.43 in the last 24 hours, which is a 2.97% decrease. Additionally, in the last day, €19,658,472,292.98 worth of DAI has been traded.
The exchange rate of Dai is decreasing. The current value of 1 DAI is €0.85 EUR. In other words, to buy 5 Dai, it would cost you €4.27 EUR. Inversely, €1.00 EUR would allow you to trade for 1.17 DAI while €50.00 EUR would convert to 58.51 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0%. Meanwhile, in the last 24 hours, the rate has changed by 0.01%, which means that the highest exchange rate of 1 DAI to EUR was €0.85 EUR and the lowest 24 hour value was 1 DAI for €0.85 EUR. Last month, 1 DAI was worth €0.86 EUR. Today, it's up 0%. Looking back a year, Dai has changed by €0.91 EUR. That means that in a single year, the value of Dai has grown by 0.01%.
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.