About DAI and DYDX
Dai is falling, while dYdX is climbing this week. The current DAI to DYDX conversion rate is 8.77. Inversely, this means that if you convert 1 DYDX you will get 0.1141 DAI. The conversion rate of DAI/DYDX has increased by 0.29% in the last hour (DYDX/DAI decreased by 0.29%). In the last 24 hours, DAI/DYDX shrunk by 0.76%, while DYDX/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 8.77 DYDX. In other words, to buy 5 Dai, it would cost you 43.83 DYDX. Inversely, 1 DYDX would allow you to trade for 0.1141 DAI while 50 DYDX would convert to 5.70 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.29%. Meanwhile, in the last 24 hours, the rate has changed by 0.44%, and that the highest exchange rate of 1 DAI to DYDX was 8.81 DYDX and the lowest 24 hour value was 1 DAI for 8.64 DYDX. Last month, 1 DAI was worth 7.44 DYDX. Today, it's up 15.1%. Looking back a year, Dai has changed by 1.59 DYDX. That means that in a single year, the value of Dai has grown by 81.84%.
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.
dYdX Market Stats
This page refers to the ERC-20 version, please see COSMOSDYDX for the version supported for trading on Coinbase. dYdX protocol is a decentralized platform designed for perpetual trading and derivatives on blockchain networks. Built initially on Ethereum and later transitioning to its own dYdX Chain based on the Cosmos SDK, the protocol aims to provide users with fast, low-cost, and decentralized trading solutions.
Conversion tables
DAI to DYDX values from Today at 9:33 am
0.5 DAI = 4.38 DYDX |
1 DAI = 8.77 DYDX |
5 DAI = 43.83 DYDX |
10 DAI = 87.65 DYDX |
50 DAI = 438.26 DYDX |
100 DAI = 876.52 DYDX |
500 DAI = 4,382.62 DYDX |
1,000 DAI = 8,765.24 DYDX |
DYDX to DAI values from Today at 9:35 am
0.5 DYDX = 0.05704 DAI |
1 DYDX = 0.1141 DAI |
5 DYDX = 0.5704 DAI |
10 DYDX = 1.14 DAI |
50 DYDX = 5.70 DAI |
100 DYDX = 11.41 DAI |
500 DYDX = 57.04 DAI |
1,000 DYDX = 114.09 DAI |
DAI to DYDX over time
DAI | Today | 24H -0.44% | 1M 15.10% | 1Y 81.84% |
|---|---|---|---|---|
0.5 DAI | 4.38 DYDX | 4.40 DYDX | 3.72 DYDX | 0.796 DYDX |
1 DAI | 8.77 DYDX | 8.80 DYDX | 7.44 DYDX | 1.59 DYDX |
5 DAI | 43.83 DYDX | 44.02 DYDX | 37.21 DYDX | 7.96 DYDX |
10 DAI | 87.65 DYDX | 88.04 DYDX | 74.42 DYDX | 15.92 DYDX |
50 DAI | 438.26 DYDX | 440.18 DYDX | 372.11 DYDX | 79.60 DYDX |
100 DAI | 876.52 DYDX | 880.35 DYDX | 744.21 DYDX | 159.19 DYDX |
500 DAI | 4,382.62 DYDX | 4,401.76 DYDX | 3,721.06 DYDX | 795.97 DYDX |
1,000 DAI | 8,765.24 DYDX | 8,803.53 DYDX | 7,442.11 DYDX | 1,591.94 DYDX |
Frequently asked questions
Right now, 1 Dai is worth about $0.9996.
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.
There are a number of crypto assets that have the a similar or comparable market cap to Dai, including Stellar Lumens, Bitcoin Cash, and Chainlink. 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.