About DAI and BMMF
Dai is falling, while Balsa MM Fund is climbing this week. The current DAI to BMMF conversion rate is 11.94. Inversely, this means that if you convert 1 BMMF you will get 0.08373 DAI. The conversion rate of DAI/BMMF has decreased by 0.04% in the last hour (BMMF/DAI increased by 0.04%). In the last 24 hours, DAI/BMMF shrunk by 0.04%, while BMMF/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 11.94 BMMF. In other words, to buy 5 Dai, it would cost you 59.72 BMMF. Inversely, 1 BMMF would allow you to trade for 0.08373 DAI while 50 BMMF would convert to 4.19 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.02%. Meanwhile, in the last 24 hours, the rate has changed by 0.03%, and that the highest exchange rate of 1 DAI to BMMF was 11.95 BMMF and the lowest 24 hour value was 1 DAI for 11.94 BMMF. Last month, 1 DAI was worth 11.92 BMMF. Today, it's up 0.22%. Looking back a year, Dai has changed by 13.99 BMMF. That means that in a single year, the value of Dai has shrank by 17.15%.
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.
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.
Conversion tables
DAI to BMMF values from Today at 6:05 pm
0.5 DAI = 5.97 BMMF |
1 DAI = 11.94 BMMF |
5 DAI = 59.72 BMMF |
10 DAI = 119.43 BMMF |
50 DAI = 597.17 BMMF |
100 DAI = 1,194.34 BMMF |
500 DAI = 5,971.72 BMMF |
1,000 DAI = 11,943.45 BMMF |
BMMF to DAI values from Today at 6:05 pm
0.5 BMMF = 0.04186 DAI |
1 BMMF = 0.08373 DAI |
5 BMMF = 0.4186 DAI |
10 BMMF = 0.8373 DAI |
50 BMMF = 4.19 DAI |
100 BMMF = 8.37 DAI |
500 BMMF = 41.86 DAI |
1,000 BMMF = 83.73 DAI |
DAI to BMMF over time
DAI | Today | 24H -0.03% | 1M 0.22% | 1Y -17.15% |
|---|---|---|---|---|
0.5 DAI | 5.97 BMMF | 5.97 BMMF | 5.96 BMMF | 7.00 BMMF |
1 DAI | 11.94 BMMF | 11.95 BMMF | 11.92 BMMF | 13.99 BMMF |
5 DAI | 59.72 BMMF | 59.74 BMMF | 59.58 BMMF | 69.96 BMMF |
10 DAI | 119.43 BMMF | 119.47 BMMF | 119.17 BMMF | 139.92 BMMF |
50 DAI | 597.17 BMMF | 597.37 BMMF | 595.83 BMMF | 699.58 BMMF |
100 DAI | 1,194.34 BMMF | 1,194.75 BMMF | 1,191.66 BMMF | 1,399.15 BMMF |
500 DAI | 5,971.72 BMMF | 5,973.73 BMMF | 5,958.30 BMMF | 6,995.75 BMMF |
1,000 DAI | 11,943.45 BMMF | 11,947.45 BMMF | 11,916.61 BMMF | 13,991.50 BMMF |
Frequently asked questions
Right now, 1 Dai is worth about $0.9995.
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 decreased.
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, World Liberty Financial USD, and Bitcoin Cash. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
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