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About DAI and BAL
Dai is falling, while Balancer is climbing this week. The current DAI to BAL conversion rate is 8.43. Inversely, this means that if you convert 1 BAL you will get 0.1187 DAI. The conversion rate of DAI/BAL has increased by 0.54% in the last hour (BAL/DAI decreased by 0.54%). In the last 24 hours, DAI/BAL shrunk by 0.3%, while BAL/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 8.43 BAL. In other words, to buy 5 Dai, it would cost you 42.13 BAL. Inversely, 1 BAL would allow you to trade for 0.1187 DAI while 50 BAL would convert to 5.93 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 10.34%. Meanwhile, in the last 24 hours, the rate has changed by 0.1%, and that the highest exchange rate of 1 DAI to BAL was 8.44 BAL and the lowest 24 hour value was 1 DAI for 8.21 BAL. Last month, 1 DAI was worth 9.19 BAL. Today, it's down 9.04%. Looking back a year, Dai has changed by 0.7365 BAL. That means that in a single year, the value of Dai has grown by 91.26%.
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.
Balancer Market Stats
Balancer (BAL) is an Ethereum token that powers the Balancer protocol, an automated market maker that lets anyone create or add liquidity to trading pools while earning customizable trading fees. Balancer pools can have up to 8 tokens and each token can be individually weighted within the pool, such that one token can make up as little as 2% of the total.
Conversion tables
DAI to BAL values from Today at 8:47 pm
0.5 DAI = 4.21 BAL |
1 DAI = 8.43 BAL |
5 DAI = 42.13 BAL |
10 DAI = 84.27 BAL |
50 DAI = 421.34 BAL |
100 DAI = 842.69 BAL |
500 DAI = 4,213.43 BAL |
1,000 DAI = 8,426.85 BAL |
BAL to DAI values from Today at 8:45 pm
0.5 BAL = 0.05933 DAI |
1 BAL = 0.1187 DAI |
5 BAL = 0.5933 DAI |
10 BAL = 1.19 DAI |
50 BAL = 5.93 DAI |
100 BAL = 11.87 DAI |
500 BAL = 59.33 DAI |
1,000 BAL = 118.67 DAI |
DAI to BAL over time
DAI | Today | 24H -0.10% | 1M -9.04% | 1Y 91.26% |
|---|---|---|---|---|
0.5 DAI | 4.21 BAL | 4.22 BAL | 4.59 BAL | 0.3682 BAL |
1 DAI | 8.43 BAL | 8.44 BAL | 9.19 BAL | 0.7365 BAL |
5 DAI | 42.13 BAL | 42.18 BAL | 45.94 BAL | 3.68 BAL |
10 DAI | 84.27 BAL | 84.36 BAL | 91.89 BAL | 7.36 BAL |
50 DAI | 421.34 BAL | 421.78 BAL | 459.45 BAL | 36.82 BAL |
100 DAI | 842.69 BAL | 843.56 BAL | 918.90 BAL | 73.65 BAL |
500 DAI | 4,213.43 BAL | 4,217.82 BAL | 4,594.49 BAL | 368.23 BAL |
1,000 DAI | 8,426.85 BAL | 8,435.65 BAL | 9,188.98 BAL | 736.46 BAL |
Frequently asked questions
Right now, 1 Dai is worth about $1.00.
Based on the current rate, you could get 1.00 DAI for 1 USD.
Dai price has been declining. Since yesterday, the exchange rate of Dai has decreased. Since last month, the exchange rate of Dai has increased. Since this time last year, the price of Dai has increased.
You can use our DAI to USD calculator at the top of this page to convert any amount of DAI 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 DAI. Inversely, 5 DAI will cost about $5.00
Dai is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Dai.
There are a number of crypto assets that have the a similar or comparable market cap to Dai, including Canton, Toncoin, and Bitcoin Cash. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
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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.