About DAI and FBTC
Dai is climbing, while Function is falling this week. The current DAI to FBTC conversion rate is 0.00001568. Inversely, this means that if you convert 1 FBTC you will get 63,773.29 DAI. The conversion rate of DAI/FBTC has increased by 0.24% in the last hour (FBTC/DAI decreased by 0.24%). In the last 24 hours, DAI/FBTC grew by 1.29%, while FBTC/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 0.00001568 FBTC. In other words, to buy 5 Dai, it would cost you 0.0000784 FBTC. Inversely, 1 FBTC would allow you to trade for 63,773.29 DAI while 50 FBTC would convert to 3,188,664.53 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.25%. Meanwhile, in the last 24 hours, the rate has changed by 2.03%, and that the highest exchange rate of 1 DAI to FBTC was 0.00001568 FBTC and the lowest 24 hour value was 1 DAI for 0.00001515 FBTC. Last month, 1 DAI was worth 0.00001514 FBTC. Today, it's up 3.44%. Looking back a year, Dai has changed by 0.000008355 FBTC. That means that in a single year, the value of Dai has grown by 46.72%.
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.
Function Market Stats
Function is building the financial infrastructure that makes Bitcoin productive, unlocking yield, liquidity, and capital efficiency for holders across DeFi and traditional finance. FBTC turns Bitcoin into an asset that works. FBTC represents the first omnichain Bitcoin yield asset, enabling BTC holders to participate in structured, risk-managed and programmatic yield strategies. FBTC is fully backed on a 1:1 basis with BTC, Bitcoin Reserve Address List is public and can be verified at any time. FBTC combines the security of Bitcoin reserves with the flexibility of smart contracts, creating a secure and efficient bridge between the Bitcoin network and modern DeFi protocols. FBTC turns idle BTC into a functional and productive asset. The primary purpose of FBTC is to bring native Bitcoin liquidity into DeFi. Enabling Bitcoin holders to access a wide range of yield generating strategies, without having to sell their BTC. This not only enhances the utility of BTC but also allows holders to earn returns on their assets, making FBTC a powerful tool for maximizing the potential of Bitcoin in the DeFi ecosystem
Conversion tables
DAI to FBTC values from Today at 12:20 pm
0.5 DAI = 0.00000784 FBTC |
1 DAI = 0.00001568 FBTC |
5 DAI = 0.0000784 FBTC |
10 DAI = 0.0001568 FBTC |
50 DAI = 0.000784 FBTC |
100 DAI = 0.001568 FBTC |
500 DAI = 0.00784 FBTC |
1,000 DAI = 0.01568 FBTC |
FBTC to DAI values from Today at 12:20 pm
0.5 FBTC = 31,886.65 DAI |
1 FBTC = 63,773.29 DAI |
5 FBTC = 318,866.45 DAI |
10 FBTC = 637,732.91 DAI |
50 FBTC = 3,188,664.53 DAI |
100 FBTC = 6,377,329.05 DAI |
500 FBTC = 31,886,645.27 DAI |
1,000 FBTC = 63,773,290.54 DAI |
DAI to FBTC over time
DAI | Today | 24H 2.03% | 1M 3.44% | 1Y 46.72% |
|---|---|---|---|---|
0.5 DAI | 0.00000784 FBTC | 0.000007681 FBTC | 0.000007571 FBTC | 0.000004177 FBTC |
1 DAI | 0.00001568 FBTC | 0.00001536 FBTC | 0.00001514 FBTC | 0.000008355 FBTC |
5 DAI | 0.0000784 FBTC | 0.00007681 FBTC | 0.00007571 FBTC | 0.00004177 FBTC |
10 DAI | 0.0001568 FBTC | 0.0001536 FBTC | 0.0001514 FBTC | 0.00008355 FBTC |
50 DAI | 0.000784 FBTC | 0.0007681 FBTC | 0.0007571 FBTC | 0.0004177 FBTC |
100 DAI | 0.001568 FBTC | 0.001536 FBTC | 0.001514 FBTC | 0.0008355 FBTC |
500 DAI | 0.00784 FBTC | 0.007681 FBTC | 0.007571 FBTC | 0.004177 FBTC |
1,000 DAI | 0.01568 FBTC | 0.01536 FBTC | 0.01514 FBTC | 0.008355 FBTC |
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 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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