About DAI and GS
Dai is climbing, while Genesis Shards is falling this week. The current DAI to GS conversion rate is 6,804.89. Inversely, this means that if you convert 1 GS you will get 0.000147 DAI. The conversion rate of DAI/GS has increased by 0.11% in the last hour (GS/DAI decreased by 0.11%). In the last 24 hours, DAI/GS grew by 3.15%, while GS/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 6,804.89 GS. In other words, to buy 5 Dai, it would cost you 34,024.44 GS. Inversely, 1 GS would allow you to trade for 0.000147 DAI while 50 GS would convert to 0.007348 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 75.62%. Meanwhile, in the last 24 hours, the rate has changed by 2.83%, which means that the highest exchange rate of 1 DAI to GS was 6,822.54 GS and the lowest 24 hour value was 1 DAI for 6,524.81 GS. Last month, 1 DAI was worth 233.81 GS. Today, it's up 96.56%. Looking back a year, Dai has changed by 148.57 GS. That means that in a single year, the value of Dai has grown by 97.82%.
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.
Genesis Shards Market Stats
Genesis Shards (GS) is a whole new marketplace for pre-IDO tokens on NFTs powered by Polkadot. GS was created to usher in a new paradigm for DeFi transforming NFTs into a liquidity vehicle for pre-IDO tokens, and to introduce a whole new suite of DeFi products across multiple blockchains. Most pre-IDO transactions are currently being executed in OTC. With this come the problems of a) illiquidity and also b) the big problem of highly inconsistent OTC trade practices for pre-IDO tokens. Trades are often conducted by two parties in an uncertain environment with a high risk of default. GS aims to 'NFT-y' the OTC market - transforming NFTs into a liquidity vehicle for pre-IDO tokens. By wrapping time-locked fungible tokens into NFTs, Genesis Shards is creating a new marketplace for previously illiquid tokens. Also, investors will no longer have to worry about shady OTC deals with high default risk : they can simply utilize the safe, trustless pre-IDO liquidity provided by Genesis NFTs.
Conversion tables
DAI to GS values from Today at 10:23 am
0.5 DAI = 3,402.44 GS |
1 DAI = 6,804.89 GS |
5 DAI = 34,024.44 GS |
10 DAI = 68,048.89 GS |
50 DAI = 340,244.44 GS |
100 DAI = 680,488.88 GS |
500 DAI = 3,402,444.38 GS |
1,000 DAI = 6,804,888.77 GS |
GS to DAI values from Today at 10:24 am
0.5 GS = 0.00007348 DAI |
1 GS = 0.000147 DAI |
5 GS = 0.0007348 DAI |
10 GS = 0.00147 DAI |
50 GS = 0.007348 DAI |
100 GS = 0.0147 DAI |
500 GS = 0.07348 DAI |
1,000 GS = 0.147 DAI |
DAI to GS over time
DAI | Today | 24H 2.83% | 1M 96.56% | 1Y 97.82% |
|---|---|---|---|---|
0.5 DAI | 3,402.44 GS | 3,306.25 GS | 116.91 GS | 74.28 GS |
1 DAI | 6,804.89 GS | 6,612.51 GS | 233.81 GS | 148.57 GS |
5 DAI | 34,024.44 GS | 33,062.55 GS | 1,169.06 GS | 742.83 GS |
10 DAI | 68,048.89 GS | 66,125.09 GS | 2,338.12 GS | 1,485.67 GS |
50 DAI | 340,244.44 GS | 330,625.46 GS | 11,690.62 GS | 7,428.33 GS |
100 DAI | 680,488.88 GS | 661,250.92 GS | 23,381.24 GS | 14,856.67 GS |
500 DAI | 3,402,444.38 GS | 3,306,254.58 GS | 116,906.19 GS | 74,283.34 GS |
1,000 DAI | 6,804,888.77 GS | 6,612,509.16 GS | 233,812.38 GS | 148,566.67 GS |
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 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 Bitcoin Cash, Canton, and Stellar Lumens. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
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