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About DAI and MAGIC
Dai is falling, while MAGIC is climbing this week. The current DAI to MAGIC conversion rate is 23.25. Inversely, this means that if you convert 1 MAGIC you will get 0.043 DAI. The conversion rate of DAI/MAGIC has increased by 0.36% in the last hour (MAGIC/DAI decreased by 0.36%). In the last 24 hours, DAI/MAGIC shrunk by 1.76%, while MAGIC/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 23.25 MAGIC. In other words, to buy 5 Dai, it would cost you 116.27 MAGIC. Inversely, 1 MAGIC would allow you to trade for 0.043 DAI while 50 MAGIC would convert to 2.15 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.76%. Meanwhile, in the last 24 hours, the rate has changed by 1.76%, and that the highest exchange rate of 1 DAI to MAGIC was 23.67 MAGIC and the lowest 24 hour value was 1 DAI for 23.08 MAGIC. Last month, 1 DAI was worth 24.50 MAGIC. Today, it's down 5.36%. Looking back a year, Dai has changed by 6.25 MAGIC. That means that in a single year, the value of Dai has grown by 73.12%.
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.
MAGIC Market Stats
MAGIC is the native token of Treasure. Treasure develops AI-powered entertainment experiences utilizing MAGIC.
Conversion tables
DAI to MAGIC values from Today at 12:03 pm
0.5 DAI = 11.63 MAGIC |
1 DAI = 23.25 MAGIC |
5 DAI = 116.27 MAGIC |
10 DAI = 232.54 MAGIC |
50 DAI = 1,162.68 MAGIC |
100 DAI = 2,325.36 MAGIC |
500 DAI = 11,626.79 MAGIC |
1,000 DAI = 23,253.58 MAGIC |
MAGIC to DAI values from Today at 12:05 pm
0.5 MAGIC = 0.0215 DAI |
1 MAGIC = 0.043 DAI |
5 MAGIC = 0.215 DAI |
10 MAGIC = 0.43 DAI |
50 MAGIC = 2.15 DAI |
100 MAGIC = 4.30 DAI |
500 MAGIC = 21.50 DAI |
1,000 MAGIC = 43.00 DAI |
DAI to MAGIC over time
DAI | Today | 24H -1.76% | 1M -5.36% | 1Y 73.12% |
|---|---|---|---|---|
0.5 DAI | 11.63 MAGIC | 11.83 MAGIC | 12.25 MAGIC | 3.12 MAGIC |
1 DAI | 23.25 MAGIC | 23.66 MAGIC | 24.50 MAGIC | 6.25 MAGIC |
5 DAI | 116.27 MAGIC | 118.32 MAGIC | 122.49 MAGIC | 31.25 MAGIC |
10 DAI | 232.54 MAGIC | 236.64 MAGIC | 244.99 MAGIC | 62.50 MAGIC |
50 DAI | 1,162.68 MAGIC | 1,183.20 MAGIC | 1,224.94 MAGIC | 312.48 MAGIC |
100 DAI | 2,325.36 MAGIC | 2,366.39 MAGIC | 2,449.89 MAGIC | 624.97 MAGIC |
500 DAI | 11,626.79 MAGIC | 11,831.97 MAGIC | 12,249.44 MAGIC | 3,124.84 MAGIC |
1,000 DAI | 23,253.58 MAGIC | 23,663.94 MAGIC | 24,498.88 MAGIC | 6,249.69 MAGIC |
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 on the rise. Since yesterday, the exchange rate of Dai has increased. 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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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.