About DAI and M87
Dai is climbing, while MESSIER is falling this week. The current DAI to M87 conversion rate is 170,471.71. Inversely, this means that if you convert 1 M87 you will get 0.000005866 DAI. The conversion rate of DAI/M87 has increased by 0.24% in the last hour (M87/DAI decreased by 0.24%). In the last 24 hours, DAI/M87 grew by 2.09%, while M87/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 170,471.71 M87. In other words, to buy 5 Dai, it would cost you 852,358.56 M87. Inversely, 1 M87 would allow you to trade for 0.000005866 DAI while 50 M87 would convert to 0.0002933 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 28.04%. Meanwhile, in the last 24 hours, the rate has changed by 1.86%, and that the highest exchange rate of 1 DAI to M87 was 172,533.81 M87 and the lowest 24 hour value was 1 DAI for 163,299.99 M87. Last month, 1 DAI was worth 209,224.51 M87. Today, it's down 22.73%. Looking back a year, Dai has changed by 25,534.74 M87. That means that in a single year, the value of Dai has grown by 85.02%.
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.
MESSIER Market Stats
The team at Messier is developing a wide range of decentralized products & services, designed to help further the DeFi space by improving the many facets that are needed in order for cryptocurrencies to be viable alternatives to fiat currencies. Messier products & services will offer solutions to common problems consumers face in the DeFi sector. These products & services will launch across a multitude of networks and will collect user fees that are sent to the treasury of the Messier DAO named Virgo. Virgo will operate solely on smart contracts and will use the funds in the treasury to purchase tokens that are voted on by M87 token stakers. Virgo's immutable smart contracts will purchase the proposed upon tokens and delegate these to M87 token stakers. There are smart contracts in Virgo that ensure there will be frequent buy & burns on the M87 token, which will help increase its value by adding liquidity to its pair & reducing its circulating supply.
Conversion tables
DAI to M87 values from Today at 5:22 am
0.5 DAI = 85,235.86 M87 |
1 DAI = 170,471.71 M87 |
5 DAI = 852,358.56 M87 |
10 DAI = 1,704,717.12 M87 |
50 DAI = 8,523,585.61 M87 |
100 DAI = 17,047,171.22 M87 |
500 DAI = 85,235,856.11 M87 |
1,000 DAI = 170,471,712.22 M87 |
M87 to DAI values from Today at 5:21 am
0.5 M87 = 0.000002933 DAI |
1 M87 = 0.000005866 DAI |
5 M87 = 0.00002933 DAI |
10 M87 = 0.00005866 DAI |
50 M87 = 0.0002933 DAI |
100 M87 = 0.0005866 DAI |
500 M87 = 0.002933 DAI |
1,000 M87 = 0.005866 DAI |
DAI to M87 over time
DAI | Today | 24H 1.86% | 1M -22.73% | 1Y 85.02% |
|---|---|---|---|---|
0.5 DAI | 85,235.86 M87 | 83,652.34 M87 | 104,612.26 M87 | 12,767.37 M87 |
1 DAI | 170,471.71 M87 | 167,304.68 M87 | 209,224.51 M87 | 25,534.74 M87 |
5 DAI | 852,358.56 M87 | 836,523.41 M87 | 1,046,122.56 M87 | 127,673.69 M87 |
10 DAI | 1,704,717.12 M87 | 1,673,046.83 M87 | 2,092,245.11 M87 | 255,347.38 M87 |
50 DAI | 8,523,585.61 M87 | 8,365,234.15 M87 | 10,461,225.55 M87 | 1,276,736.90 M87 |
100 DAI | 17,047,171.22 M87 | 16,730,468.29 M87 | 20,922,451.10 M87 | 2,553,473.79 M87 |
500 DAI | 85,235,856.11 M87 | 83,652,341.47 M87 | 104,612,255.51 M87 | 12,767,368.97 M87 |
1,000 DAI | 170,471,712.22 M87 | 167,304,682.94 M87 | 209,224,511.02 M87 | 25,534,737.94 M87 |
Frequently asked questions
Right now, 1 Dai is worth about $0.9999.
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, Ethena USDe, and Bitcoin Cash. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
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