Convert Balsa MM Fund BMMF to Dai DAI
1 BMMF converts to 0.08376 DAI
About BMMF and DAI
Balsa MM Fund is falling, while Dai is climbing this week. The current BMMF to DAI conversion rate is 0.08376. Inversely, this means that if you convert 1 DAI you will get 11.94 BMMF. The conversion rate of BMMF/DAI has decreased by 0.01% in the last hour (DAI/BMMF increased by 0.01%). In the last 24 hours, BMMF/DAI shrunk by 0.01%, while DAI/BMMF grew by the same amount.
The exchange rate of Balsa MM Fund is decreasing. The current value of 1 BMMF is 0.08376 DAI. In other words, to buy 5 Balsa MM Fund, it would cost you 0.41878 DAI. Inversely, 1 DAI would allow you to trade for 11.94 BMMF while 50 DAI would convert to 596.97 BMMF, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.08%. Meanwhile, in the last 24 hours, the rate has changed by 0.01%, which means that the highest exchange rate of 1 BMMF to DAI was 0.08378 DAI and the lowest 24 hour value was 1 BMMF for 0.08373 DAI. Last month, 1 BMMF was worth 0.08274 DAI. Today, it's up 1.21%. Looking back a year, Balsa MM Fund has changed by 0.0699 DAI. That means that in a single year, the value of Balsa MM Fund has grown by 16.55%.
Balsa MM Fund Market Stats
BMMF (Balsa Market Making Fund) is a tokenized market-making fund designed to provide investors with delta-neutral trading exposure through algorithmic strategies. Focused on arbitrage opportunities in the Turkish crypto market—particularly USDT/TRY FX spread arbitrage—BMMF leverages advanced trading models to ensure 24/7 liquidity and consistent returns with minimized risk. The fund capitalizes on inefficiencies between USD stablecoins (such as USDT) and USD/TRY FX rates, offering institutional-grade investment access with full transparency and security.
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
BMMF to DAI values from Today at 1:49 pm
0.5 BMMF = 0.04188 DAI |
1 BMMF = 0.08376 DAI |
5 BMMF = 0.4188 DAI |
10 BMMF = 0.8376 DAI |
50 BMMF = 4.19 DAI |
100 BMMF = 8.38 DAI |
500 BMMF = 41.88 DAI |
1,000 BMMF = 83.76 DAI |
DAI to BMMF values from Today at 1:47 pm
0.5 DAI = 5.97 BMMF |
1 DAI = 11.94 BMMF |
5 DAI = 59.70 BMMF |
10 DAI = 119.39 BMMF |
50 DAI = 596.97 BMMF |
100 DAI = 1,193.94 BMMF |
500 DAI = 5,969.71 BMMF |
1,000 DAI = 11,939.42 BMMF |
BMMF to DAI over time
BMMF | Today | 24H -0.01% | 1M 1.21% | 1Y 16.55% |
|---|---|---|---|---|
0.5 BMMF | 0.04188 DAI | 0.04188 DAI | 0.04137 DAI | 0.03495 DAI |
1 BMMF | 0.08376 DAI | 0.08377 DAI | 0.08274 DAI | 0.0699 DAI |
5 BMMF | 0.4188 DAI | 0.4188 DAI | 0.4137 DAI | 0.3495 DAI |
10 BMMF | 0.8376 DAI | 0.8377 DAI | 0.8274 DAI | 0.699 DAI |
50 BMMF | 4.19 DAI | 4.19 DAI | 4.14 DAI | 3.49 DAI |
100 BMMF | 8.38 DAI | 8.38 DAI | 8.27 DAI | 6.99 DAI |
500 BMMF | 41.88 DAI | 41.88 DAI | 41.37 DAI | 34.95 DAI |
1,000 BMMF | 83.76 DAI | 83.77 DAI | 82.74 DAI | 69.90 DAI |
Frequently asked questions
Right now, 1 Balsa MM Fund is worth about $0.08373.
Based on the current rate, you could get 11.94 BMMF for 1 USD.
You can use our BMMF to USD calculator at the top of this page to convert any amount of BMMF to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 59.72 BMMF. Inversely, 5 BMMF will cost about $0.4186
Balsa MM Fund can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Balsa MM Fund.
There are a number of crypto assets that have the a similar or comparable market cap to Balsa MM Fund, including Lympo, Bismuth, and Aave. For a more robust list of assets to explore, jump to the asset page dedicated to Balsa MM Fund.
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