About DAI and DEFX
Dai is falling, while DeFinity is climbing this week. The current DAI to DEFX conversion rate is 116.14. Inversely, this means that if you convert 1 DEFX you will get 0.008611 DAI. The conversion rate of DAI/DEFX has decreased by 1.76% in the last hour (DEFX/DAI increased by 1.76%). In the last 24 hours, DAI/DEFX shrunk by 3.7%, while DEFX/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 116.14 DEFX. In other words, to buy 5 Dai, it would cost you 580.68 DEFX. Inversely, 1 DEFX would allow you to trade for 0.008611 DAI while 50 DEFX would convert to 0.4305 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 14.3%. Meanwhile, in the last 24 hours, the rate has changed by 3.7%, and that the highest exchange rate of 1 DAI to DEFX was 122.12 DEFX and the lowest 24 hour value was 1 DAI for 115.90 DEFX. Last month, 1 DAI was worth 110.38 DEFX. Today, it's up 4.95%. Looking back a year, Dai has changed by 33.84 DEFX. That means that in a single year, the value of Dai has grown by 70.87%.
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.
DeFinity Market Stats
DeFinity is a decentralised DeFi exchange, specialised to trade traditional and digital FX via smart contracts, with a focus to provide real-time settlement and clearing for spot FX trading. Bridging the power of decentralisation with a traditional broker and liquidity provider community, it is specifically tailored and geared towards the future support of CBDC’s (central bank digital currencies) and decentralised financial services for FX.
Conversion tables
DAI to DEFX values from Today at 7:47 am
0.5 DAI = 58.07 DEFX |
1 DAI = 116.14 DEFX |
5 DAI = 580.68 DEFX |
10 DAI = 1,161.37 DEFX |
50 DAI = 5,806.85 DEFX |
100 DAI = 11,613.70 DEFX |
500 DAI = 58,068.49 DEFX |
1,000 DAI = 116,136.97 DEFX |
DEFX to DAI values from Today at 7:47 am
0.5 DEFX = 0.004305 DAI |
1 DEFX = 0.008611 DAI |
5 DEFX = 0.04305 DAI |
10 DEFX = 0.08611 DAI |
50 DEFX = 0.4305 DAI |
100 DEFX = 0.8611 DAI |
500 DEFX = 4.31 DAI |
1,000 DEFX = 8.61 DAI |
DAI to DEFX over time
DAI | Today | 24H -3.70% | 1M 4.95% | 1Y 70.87% |
|---|---|---|---|---|
0.5 DAI | 58.07 DEFX | 60.22 DEFX | 55.19 DEFX | 16.92 DEFX |
1 DAI | 116.14 DEFX | 120.44 DEFX | 110.38 DEFX | 33.84 DEFX |
5 DAI | 580.68 DEFX | 602.18 DEFX | 551.92 DEFX | 169.18 DEFX |
10 DAI | 1,161.37 DEFX | 1,204.36 DEFX | 1,103.83 DEFX | 338.36 DEFX |
50 DAI | 5,806.85 DEFX | 6,021.78 DEFX | 5,519.15 DEFX | 1,691.82 DEFX |
100 DAI | 11,613.70 DEFX | 12,043.55 DEFX | 11,038.30 DEFX | 3,383.63 DEFX |
500 DAI | 58,068.49 DEFX | 60,217.77 DEFX | 55,191.51 DEFX | 16,918.17 DEFX |
1,000 DAI | 116,136.97 DEFX | 120,435.54 DEFX | 110,383.02 DEFX | 33,836.34 DEFX |
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 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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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.


