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About DAI and DRV
Dai is climbing, while Derive is falling this week. The current DAI to DRV conversion rate is 8.56. Inversely, this means that if you convert 1 DRV you will get 0.1169 DAI. The conversion rate of DAI/DRV has decreased by 0.52% in the last hour (DRV/DAI increased by 0.52%). In the last 24 hours, DAI/DRV grew by 4.5%, while DRV/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 8.56 DRV. In other words, to buy 5 Dai, it would cost you 42.78 DRV. Inversely, 1 DRV would allow you to trade for 0.1169 DAI while 50 DRV would convert to 5.84 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 12.4%. Meanwhile, in the last 24 hours, the rate has changed by 4.66%, which means that the highest exchange rate of 1 DAI to DRV was 8.67 DRV and the lowest 24 hour value was 1 DAI for 8.16 DRV. Last month, 1 DAI was worth 11.58 DRV. Today, it's down 35.38%. Looking back a year, Dai has changed by 10.95 DRV. That means that in a single year, the value of Dai has shrank by 27.99%.
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
Derive Market Stats
Derive ($DRV) powers the Derive ecosystem, an onchain derivatives protocol for options, perpetuals, and structured products. DRV is used to coordinate governance, liquidity incentives, and ecosystem growth. Derive enables traders, market makers, and builders to create and access advanced financial products onchain - from yield strategies and hedging tools to leveraged speculation across digital assets.
Conversion tables
DAI to DRV values from Today at 2:17 am
0.5 DAI = 4.28 DRV |
1 DAI = 8.56 DRV |
5 DAI = 42.78 DRV |
10 DAI = 85.57 DRV |
50 DAI = 427.84 DRV |
100 DAI = 855.68 DRV |
500 DAI = 4,278.38 DRV |
1,000 DAI = 8,556.77 DRV |
DRV to DAI values from Today at 2:18 am
0.5 DRV = 0.05843 DAI |
1 DRV = 0.1169 DAI |
5 DRV = 0.5843 DAI |
10 DRV = 1.17 DAI |
50 DRV = 5.84 DAI |
100 DRV = 11.69 DAI |
500 DRV = 58.43 DAI |
1,000 DRV = 116.87 DAI |
DAI to DRV over time
DAI | Today | 24H 4.66% | 1M -35.38% | 1Y -27.99% |
|---|---|---|---|---|
0.5 DAI | 4.28 DRV | 4.08 DRV | 5.79 DRV | 5.48 DRV |
1 DAI | 8.56 DRV | 8.16 DRV | 11.58 DRV | 10.95 DRV |
5 DAI | 42.78 DRV | 40.79 DRV | 57.92 DRV | 54.76 DRV |
10 DAI | 85.57 DRV | 81.58 DRV | 115.84 DRV | 109.52 DRV |
50 DAI | 427.84 DRV | 407.92 DRV | 579.21 DRV | 547.61 DRV |
100 DAI | 855.68 DRV | 815.84 DRV | 1,158.41 DRV | 1,095.22 DRV |
500 DAI | 4,278.38 DRV | 4,079.19 DRV | 5,792.06 DRV | 5,476.12 DRV |
1,000 DAI | 8,556.77 DRV | 8,158.38 DRV | 11,584.11 DRV | 10,952.23 DRV |
Frequently asked questions
Right now, 1 Dai is worth about $0.9997.
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, Bitcoin Cash, and Cardano. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
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