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About ALT and DAI
Altlayer is falling, while Dai is climbing this week. The current ALT to DAI conversion rate is 0.005921. Inversely, this means that if you convert 1 DAI you will get 168.88 ALT. The conversion rate of ALT/DAI has decreased by 0.24% in the last hour (DAI/ALT increased by 0.24%). In the last 24 hours, ALT/DAI shrunk by 7.5%, while DAI/ALT grew by 8.11%.
The exchange rate of Altlayer is decreasing. The current value of 1 ALT is 0.005921 DAI. In other words, to buy 5 Altlayer, it would cost you 0.029606 DAI. Inversely, 1 DAI would allow you to trade for 168.88 ALT while 50 DAI would convert to 8,444.17 ALT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 25.63%. Meanwhile, in the last 24 hours, the rate has changed by 7.66%, and that the highest exchange rate of 1 ALT to DAI was 0.006587 DAI and the lowest 24 hour value was 1 ALT for 0.005676 DAI. Last month, 1 ALT was worth 0.007691 DAI. Today, it's down 23.01%. Looking back a year, Altlayer has changed by 0.01655 DAI. That means that in a single year, the value of Altlayer has shrank by 64.21%.
Altlayer Market Stats
AltLayer is an open and decentralised protocol for rollups that brings together the novel idea of a Restaked rollup, which takes existing rollups and provides them with enhanced security, decentralization, interoperability and crypto-economic fast finality. ALT is AltLayer’s native utility token and can be used for governance, protocol fee payments, economic bonding, and protocol incentivization.
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.
Conversion tables
ALT to DAI values from Today at 7:21 am
0.5 ALT = 0.002961 DAI |
1 ALT = 0.005921 DAI |
5 ALT = 0.02961 DAI |
10 ALT = 0.05921 DAI |
50 ALT = 0.2961 DAI |
100 ALT = 0.5921 DAI |
500 ALT = 2.96 DAI |
1,000 ALT = 5.92 DAI |
DAI to ALT values from Today at 7:20 am
0.5 DAI = 84.44 ALT |
1 DAI = 168.88 ALT |
5 DAI = 844.42 ALT |
10 DAI = 1,688.83 ALT |
50 DAI = 8,444.17 ALT |
100 DAI = 16,888.35 ALT |
500 DAI = 84,441.75 ALT |
1,000 DAI = 168,883.49 ALT |
ALT to DAI over time
ALT | Today | 24H -8.29% | 1M -29.89% | 1Y -179.45% |
|---|---|---|---|---|
0.5 ALT | 0.002961 DAI | 0.003206 DAI | 0.003846 DAI | 0.008273 DAI |
1 ALT | 0.005921 DAI | 0.006412 DAI | 0.007691 DAI | 0.01655 DAI |
5 ALT | 0.02961 DAI | 0.03206 DAI | 0.03846 DAI | 0.08273 DAI |
10 ALT | 0.05921 DAI | 0.06412 DAI | 0.07691 DAI | 0.1655 DAI |
50 ALT | 0.2961 DAI | 0.3206 DAI | 0.3846 DAI | 0.8273 DAI |
100 ALT | 0.5921 DAI | 0.6412 DAI | 0.7691 DAI | 1.65 DAI |
500 ALT | 2.96 DAI | 3.21 DAI | 3.85 DAI | 8.27 DAI |
1,000 ALT | 5.92 DAI | 6.41 DAI | 7.69 DAI | 16.55 DAI |
Frequently asked questions
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.