About DAI and CMST
Dai is climbing, while Composite is falling this week. The current DAI to CMST conversion rate is 17.93. Inversely, this means that if you convert 1 CMST you will get 0.05579 DAI. The conversion rate of DAI/CMST has increased by 0.3% in the last hour (CMST/DAI decreased by 0.3%). In the last 24 hours, DAI/CMST grew by 1.33%, while CMST/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 17.93 CMST. In other words, to buy 5 Dai, it would cost you 89.63 CMST. Inversely, 1 CMST would allow you to trade for 0.05579 DAI while 50 CMST would convert to 2.79 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.95%. Meanwhile, in the last 24 hours, the rate has changed by 1.03%, which means that the highest exchange rate of 1 DAI to CMST was 18.12 CMST and the lowest 24 hour value was 1 DAI for 17.60 CMST. Last month, 1 DAI was worth 30.18 CMST. Today, it's down 68.34%. Looking back a year, Dai has changed by 9.21 CMST. That means that in a single year, the value of Dai has grown by 48.61%.
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.
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:
Conversion tables
DAI to CMST values from Today at 10:06 am
0.5 DAI = 8.96 CMST |
1 DAI = 17.93 CMST |
5 DAI = 89.63 CMST |
10 DAI = 179.25 CMST |
50 DAI = 896.27 CMST |
100 DAI = 1,792.54 CMST |
500 DAI = 8,962.71 CMST |
1,000 DAI = 17,925.42 CMST |
CMST to DAI values from Today at 10:07 am
0.5 CMST = 0.02789 DAI |
1 CMST = 0.05579 DAI |
5 CMST = 0.2789 DAI |
10 CMST = 0.5579 DAI |
50 CMST = 2.79 DAI |
100 CMST = 5.58 DAI |
500 CMST = 27.89 DAI |
1,000 CMST = 55.79 DAI |
DAI to CMST over time
DAI | Today | 24H 1.03% | 1M -68.34% | 1Y 48.61% |
|---|---|---|---|---|
0.5 DAI | 8.96 CMST | 8.87 CMST | 15.09 CMST | 4.61 CMST |
1 DAI | 17.93 CMST | 17.74 CMST | 30.18 CMST | 9.21 CMST |
5 DAI | 89.63 CMST | 88.70 CMST | 150.88 CMST | 46.06 CMST |
10 DAI | 179.25 CMST | 177.40 CMST | 301.76 CMST | 92.12 CMST |
50 DAI | 896.27 CMST | 887.01 CMST | 1,508.80 CMST | 460.61 CMST |
100 DAI | 1,792.54 CMST | 1,774.02 CMST | 3,017.60 CMST | 921.22 CMST |
500 DAI | 8,962.71 CMST | 8,870.11 CMST | 15,088.00 CMST | 4,606.08 CMST |
1,000 DAI | 17,925.42 CMST | 17,740.22 CMST | 30,176.01 CMST | 9,212.16 CMST |
Frequently asked questions
Right now, 1 Dai is worth about $0.9998.
Based on the current rate, you could get 1.00 DAI for 1 USD.
Dai price has been on the rise. Since yesterday, the exchange rate of Dai has increased. Since last month, the exchange rate of Dai has decreased. 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.
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