About DAI and MATIC
Dai is climbing, while Polygon is falling this week. The current DAI to MATIC conversion rate is 12.88. Inversely, this means that if you convert 1 MATIC you will get 0.07763 DAI. The conversion rate of DAI/MATIC has decreased by 0.76% in the last hour (MATIC/DAI increased by 0.76%). In the last 24 hours, DAI/MATIC grew by 3.22%, while MATIC/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 12.88 MATIC. In other words, to buy 5 Dai, it would cost you 64.41 MATIC. Inversely, 1 MATIC would allow you to trade for 0.07763 DAI while 50 MATIC would convert to 3.88 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.77%. Meanwhile, in the last 24 hours, the rate has changed by 3%, which means that the highest exchange rate of 1 DAI to MATIC was 13.18 MATIC and the lowest 24 hour value was 1 DAI for 12.15 MATIC. Last month, 1 DAI was worth 11.38 MATIC. Today, it's up 11.64%. Looking back a year, Dai has changed by 5.43 MATIC. That means that in a single year, the value of Dai has grown by 57.88%.
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.
Polygon Market Stats
Polygon was formerly called Matic Network. Polygon (MATIC) is an Ethereum token that powers the Polygon Network, a scaling solution for Ethereum. Polygon aims to provide faster and cheaper transactions on Ethereum using Layer 2 sidechains, which are blockchains that run alongside the Ethereum main chain. Users can deposit Ethereum tokens to a Polygon smart contract, interact with them within Polygon, and then later withdraw them back to the Ethereum main chain. The MATIC token is used to pay transaction fees and participate in proof-of-stake consensus.
Conversion tables
DAI to MATIC values from Today at 12:09 pm
0.5 DAI = 6.44 MATIC |
1 DAI = 12.88 MATIC |
5 DAI = 64.41 MATIC |
10 DAI = 128.82 MATIC |
50 DAI = 644.09 MATIC |
100 DAI = 1,288.18 MATIC |
500 DAI = 6,440.89 MATIC |
1,000 DAI = 12,881.77 MATIC |
MATIC to DAI values from Today at 12:12 pm
0.5 MATIC = 0.03881 DAI |
1 MATIC = 0.07763 DAI |
5 MATIC = 0.3881 DAI |
10 MATIC = 0.7763 DAI |
50 MATIC = 3.88 DAI |
100 MATIC = 7.76 DAI |
500 MATIC = 38.81 DAI |
1,000 MATIC = 77.63 DAI |
DAI to MATIC over time
DAI | Today | 24H 3.00% | 1M 11.64% | 1Y 57.88% |
|---|---|---|---|---|
0.5 DAI | 6.44 MATIC | 6.25 MATIC | 5.69 MATIC | 2.71 MATIC |
1 DAI | 12.88 MATIC | 12.50 MATIC | 11.38 MATIC | 5.43 MATIC |
5 DAI | 64.41 MATIC | 62.48 MATIC | 56.91 MATIC | 27.13 MATIC |
10 DAI | 128.82 MATIC | 124.95 MATIC | 113.83 MATIC | 54.26 MATIC |
50 DAI | 644.09 MATIC | 624.77 MATIC | 569.14 MATIC | 271.30 MATIC |
100 DAI | 1,288.18 MATIC | 1,249.53 MATIC | 1,138.28 MATIC | 542.59 MATIC |
500 DAI | 6,440.89 MATIC | 6,247.65 MATIC | 5,691.38 MATIC | 2,712.97 MATIC |
1,000 DAI | 12,881.77 MATIC | 12,495.30 MATIC | 11,382.77 MATIC | 5,425.94 MATIC |
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 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 Chainlink, World Liberty Financial USD, and Cardano. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
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