Convert Chain-key USDT CKUSDT to Dai DAI
CKUSDT to DAI: 1 Chain-key USDT converts to 0.9993 DAI
Chain-key USDT (CKUSDT) is not tradable on Coinbase.
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About CKUSDT and DAI
Chain-key USDT is falling, while Dai is climbing this week. The current CKUSDT to DAI conversion rate is 0.9993. Inversely, this means that if you convert 1 DAI you will get 1.00 CKUSDT. The conversion rate of CKUSDT/DAI has decreased by 0.01% in the last hour (DAI/CKUSDT increased by 0.01%). In the last 24 hours, CKUSDT/DAI shrunk by 0%, while DAI/CKUSDT grew by the same amount.
The exchange rate of Chain-key USDT is decreasing. The current value of 1 CKUSDT is 0.9993 DAI. In other words, to buy 5 Chain-key USDT, it would cost you 4.9963 DAI. Inversely, 1 DAI would allow you to trade for 1.00 CKUSDT while 50 DAI would convert to 50.04 CKUSDT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.03%. Meanwhile, in the last 24 hours, the rate has changed by 0%, and that the highest exchange rate of 1 CKUSDT to DAI was 1.00 DAI and the lowest 24 hour value was 1 CKUSDT for 0.9984 DAI. Last month, 1 CKUSDT was worth 0.9997 DAI. Today, it's down 0.04%. Looking back a year, Chain-key USDT has changed by 0.9979 DAI. That means that in a single year, the value of Chain-key USDT has grown by 0.14%.
Chain-key USDT Market Stats
ckUSDT is a digital twin of USDT on the Internet Computer Protocol network. Fully backed 1:1 by USDT, ckUSDT is powered by Chain-key technology which allows for cross chain interoperability without centralized intermediaries or bridges. Canister smart contracts on ICP can integrate with the Ethereum network using a combination of replicated HTTPS outcalls to a known set of public Ethereum nodes to read state and submit transactions, and chain-key ECDSA (ckECDSA) signatures, an enhanced version of threshold ECDSA, to sign those submitted transactions. Building upon this integration framework, ckUSDT is a pair of canister smart contracts that utilize HTTPS outcalls and ckECDSA services. The ckETH minter and ckUSDT ledger contracts work together to enable users and smart contracts to send and receive USDT value within seconds with negligible transaction fees, and no gas fees, while also always allowing users and smart contracts to send and receive USDT value to and from the Ethereum network. ckUSDT exposes ICRC-1 and ICRC-2 ledger interfaces (the fungible token standards of ICP), making it simple for all wallets on the Internet Computer to offer ckUSDT support.
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
CKUSDT to DAI values from Today at 1:48 am
0.5 CKUSDT = 0.4996 DAI |
1 CKUSDT = 0.9993 DAI |
5 CKUSDT = 5.00 DAI |
10 CKUSDT = 9.99 DAI |
50 CKUSDT = 49.96 DAI |
100 CKUSDT = 99.93 DAI |
500 CKUSDT = 499.63 DAI |
1,000 CKUSDT = 999.26 DAI |
DAI to CKUSDT values from Today at 1:47 am
0.5 DAI = 0.5004 CKUSDT |
1 DAI = 1.00 CKUSDT |
5 DAI = 5.00 CKUSDT |
10 DAI = 10.01 CKUSDT |
50 DAI = 50.04 CKUSDT |
100 DAI = 100.07 CKUSDT |
500 DAI = 500.37 CKUSDT |
1,000 DAI = 1,000.74 CKUSDT |
CKUSDT to DAI over time
CKUSDT | Today | 24H -0.00% | 1M -0.04% | 1Y 0.14% |
|---|---|---|---|---|
0.5 CKUSDT | 0.4996 DAI | 0.4996 DAI | 0.4998 DAI | 0.499 DAI |
1 CKUSDT | 0.9993 DAI | 0.9993 DAI | 0.9997 DAI | 0.9979 DAI |
5 CKUSDT | 5.00 DAI | 5.00 DAI | 5.00 DAI | 4.99 DAI |
10 CKUSDT | 9.99 DAI | 9.99 DAI | 10.00 DAI | 9.98 DAI |
50 CKUSDT | 49.96 DAI | 49.96 DAI | 49.98 DAI | 49.90 DAI |
100 CKUSDT | 99.93 DAI | 99.93 DAI | 99.97 DAI | 99.79 DAI |
500 CKUSDT | 499.63 DAI | 499.64 DAI | 499.84 DAI | 498.96 DAI |
1,000 CKUSDT | 999.26 DAI | 999.28 DAI | 999.68 DAI | 997.91 DAI |
Frequently asked questions
Right now, 1 Chain-key USDT is worth about $0.9991.
Based on the current rate, you could get 1.00 CKUSDT for 1 USD.
Chain-key USDT price has been declining. Since yesterday, the exchange rate of Chain-key USDT has decreased. Since last month, the exchange rate of Chain-key USDT has decreased. Since this time last year, the price of Chain-key USDT has increased.
You can use our CKUSDT to USD calculator at the top of this page to convert any amount of CKUSDT to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5.00 CKUSDT. Inversely, 5 CKUSDT will cost about $5.00
Chain-key USDT is not currently available through Coinbase, but you can sign up to get the latest news on Chain-key USDT and be notified when it is available.
There are a number of crypto assets that have the a similar or comparable market cap to Chain-key USDT, including Wrapped DAG, ToDing Protocol, and Leveraged stETH. For a more robust list of assets to explore, jump to the asset page dedicated to Chain-key USDT.
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