Convert Composite CMST to Dai DAI
1 CMST converts to 0.05565 DAI
About CMST and DAI
Composite is climbing, while Dai is falling this week. The current CMST to DAI conversion rate is 0.05565. Inversely, this means that if you convert 1 DAI you will get 17.97 CMST. The conversion rate of CMST/DAI has increased by 0.27% in the last hour (DAI/CMST decreased by 0.27%). In the last 24 hours, CMST/DAI grew by 0.55%, while DAI/CMST shrunk by the same amount.
The exchange rate of Composite is increasing. The current value of 1 CMST is 0.05565 DAI. In other words, to buy 5 Composite, it would cost you 0.27824 DAI. Inversely, 1 DAI would allow you to trade for 17.97 CMST while 50 DAI would convert to 898.51 CMST, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.23%. Meanwhile, in the last 24 hours, the rate has changed by 0.09%, and that the highest exchange rate of 1 CMST to DAI was 0.05682 DAI and the lowest 24 hour value was 1 CMST for 0.05468 DAI. Last month, 1 CMST was worth 0.03314 DAI. Today, it's up 40.45%. Looking back a year, Composite has changed by 0.1086 DAI. That means that in a single year, the value of Composite has shrank by 95.07%.
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 8:50 am
0.5 CMST = 0.02782 DAI |
1 CMST = 0.05565 DAI |
5 CMST = 0.2782 DAI |
10 CMST = 0.5565 DAI |
50 CMST = 2.78 DAI |
100 CMST = 5.56 DAI |
500 CMST = 27.82 DAI |
1,000 CMST = 55.65 DAI |
DAI to CMST values from Today at 8:49 am
0.5 DAI = 8.99 CMST |
1 DAI = 17.97 CMST |
5 DAI = 89.85 CMST |
10 DAI = 179.70 CMST |
50 DAI = 898.51 CMST |
100 DAI = 1,797.02 CMST |
500 DAI = 8,985.12 CMST |
1,000 DAI = 17,970.23 CMST |
CMST to DAI over time
CMST | Today | 24H 0.09% | 1M 40.45% | 1Y -95.07% |
|---|---|---|---|---|
0.5 CMST | 0.02782 DAI | 0.0278 DAI | 0.01657 DAI | 0.05428 DAI |
1 CMST | 0.05565 DAI | 0.0556 DAI | 0.03314 DAI | 0.1086 DAI |
5 CMST | 0.2782 DAI | 0.278 DAI | 0.1657 DAI | 0.5428 DAI |
10 CMST | 0.5565 DAI | 0.556 DAI | 0.3314 DAI | 1.09 DAI |
50 CMST | 2.78 DAI | 2.78 DAI | 1.66 DAI | 5.43 DAI |
100 CMST | 5.56 DAI | 5.56 DAI | 3.31 DAI | 10.86 DAI |
500 CMST | 27.82 DAI | 27.80 DAI | 16.57 DAI | 54.28 DAI |
1,000 CMST | 55.65 DAI | 55.60 DAI | 33.14 DAI | 108.55 DAI |
Frequently asked questions
Right now, 1 Composite is worth about $0.05563.
Based on the current rate, you could get 17.98 CMST for 1 USD.
Composite price has been on the rise. Since yesterday, the exchange rate of Composite has increased. Since last month, the exchange rate of Composite has increased. Since this time last year, the price of Composite has decreased.
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 89.88 CMST. Inversely, 5 CMST will cost about $0.2782
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.
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