Convert Composite CMST to Dai DAI
CMST to DAI: 1 Composite converts to 0.05105 DAI
Composite (CMST) is not tradable on Coinbase.
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About CMST and DAI
Composite is falling, while Dai is climbing this week. The current CMST to DAI conversion rate is 0.05105. Inversely, this means that if you convert 1 DAI you will get 19.59 CMST. The conversion rate of CMST/DAI has increased by 0.01% in the last hour (DAI/CMST decreased by 0.01%). In the last 24 hours, CMST/DAI shrunk by 0%, while DAI/CMST grew by the same amount.
The exchange rate of Composite is decreasing. The current value of 1 CMST is 0.05105 DAI. In other words, to buy 5 Composite, it would cost you 0.25526 DAI. Inversely, 1 DAI would allow you to trade for 19.59 CMST while 50 DAI would convert to 979.41 CMST, 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 CMST to DAI was 0.05111 DAI and the lowest 24 hour value was 1 CMST for 0.05103 DAI. Last month, 1 CMST was worth 0.05106 DAI. Today, it's down 0.02%. Looking back a year, Composite has changed by 0.1123 DAI. That means that in a single year, the value of Composite has shrank by 120%.
Composite Market Stats
COMPOSITE - CMST is a collateralized stablecoin for Interchain built on Comdex chain. Inspired mainly by the robust and reliable model built by MakerDao for $DAI stablecoin, $CMST can be minted permissionless-ly as a debt against collateralized CDPs of interchain assets. Composite can be minted on . Users can choose from a wide range of Cosmos ecosystem assets and interchain assets as collateral to mint $CMST. $CMST’s mechanism is designed to be the most reliable model for stablecoins, which is censorship-resistant, permissionless, and decentralized. Composite is a stablecoin designed to be a stable representation of purchasing power and is therefore soft pegged to $1; however, as the global macro landscape develops, that may be subject to change in the future. CMST and Harbor Protocol References Website: Mechanism Docs: Code Audit Report: Community Channels: Harbor Protocol on Twitter - Composite Money (CMST) on Twitter - Composite Money (CMST) Community Chat: Forum: Blog:
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
CMST to DAI values from Today at 5:31 am
0.5 CMST = 0.02553 DAI |
1 CMST = 0.05105 DAI |
5 CMST = 0.2553 DAI |
10 CMST = 0.5105 DAI |
50 CMST = 2.55 DAI |
100 CMST = 5.11 DAI |
500 CMST = 25.53 DAI |
1,000 CMST = 51.05 DAI |
DAI to CMST values from Today at 5:31 am
0.5 DAI = 9.79 CMST |
1 DAI = 19.59 CMST |
5 DAI = 97.94 CMST |
10 DAI = 195.88 CMST |
50 DAI = 979.41 CMST |
100 DAI = 1,958.82 CMST |
500 DAI = 9,794.09 CMST |
1,000 DAI = 19,588.18 CMST |
CMST to DAI over time
CMST | Today | 24H -0.00% | 1M -0.02% | 1Y -120.00% |
|---|---|---|---|---|
0.5 CMST | 0.02553 DAI | 0.02553 DAI | 0.02553 DAI | 0.05616 DAI |
1 CMST | 0.05105 DAI | 0.05105 DAI | 0.05106 DAI | 0.1123 DAI |
5 CMST | 0.2553 DAI | 0.2553 DAI | 0.2553 DAI | 0.5616 DAI |
10 CMST | 0.5105 DAI | 0.5105 DAI | 0.5106 DAI | 1.12 DAI |
50 CMST | 2.55 DAI | 2.55 DAI | 2.55 DAI | 5.62 DAI |
100 CMST | 5.11 DAI | 5.11 DAI | 5.11 DAI | 11.23 DAI |
500 CMST | 25.53 DAI | 25.53 DAI | 25.53 DAI | 56.16 DAI |
1,000 CMST | 51.05 DAI | 51.05 DAI | 51.06 DAI | 112.31 DAI |
Frequently asked questions
Right now, 1 Composite is worth about $0.05105.
Based on the current rate, you could get 19.59 CMST for 1 USD.
You can use our CMST to USD calculator at the top of this page to convert any amount of CMST to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 97.94 CMST. Inversely, 5 CMST will cost about $0.2553
Composite is not currently available through Coinbase, but you can sign up to get the latest news on Composite and be notified when it is available.
There are a number of crypto assets that have the a similar or comparable market cap to Composite, including Down to Finance, Seagate Technology aStock, and Insiders. For a more robust list of assets to explore, jump to the asset page dedicated to Composite.
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