About DAI and MEUSD
Dai is falling, while Morpho eUSD is climbing this week. The current DAI to MEUSD conversion rate is 0.9634. Inversely, this means that if you convert 1 MEUSD you will get 1.04 DAI. The conversion rate of DAI/MEUSD has increased by 0.01% in the last hour (MEUSD/DAI decreased by 0.01%). In the last 24 hours, DAI/MEUSD shrunk by 0.12%, while MEUSD/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 0.9634 MEUSD. In other words, to buy 5 Dai, it would cost you 4.817 MEUSD. Inversely, 1 MEUSD would allow you to trade for 1.04 DAI while 50 MEUSD would convert to 51.90 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.4%. Meanwhile, in the last 24 hours, the rate has changed by 0.09%, and that the highest exchange rate of 1 DAI to MEUSD was 0.9687 MEUSD and the lowest 24 hour value was 1 DAI for 0.9612 MEUSD. Last month, 1 DAI was worth 0.9632 MEUSD. Today, it's up 0.03%. Looking back a year, Dai has changed by 0.9746 MEUSD. That means that in a single year, the value of Dai has shrank by 1.16%.
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.
Morpho eUSD Market Stats
The Morpho eUSD vault supplies eUSD to various collateral markets with a focus on the Reserve Protocol ecosystem. Learn more about RE7 Labs curations in the forum. Re7 has been providing liquidity in DeFi since 2019 having deployed over $100m of assets. We bring practical experience to risk management from years of managing stablecoin and ETH yield strategies as well as further strategies like our Liquid Token fund. As DeFi-native managers, we have focused on enabling yield strategies, providing early liquidity to various DeFi protocols, and have worked with teams throughout the space on a close basis to grow DeFi liquidity while managing risk.
Conversion tables
DAI to MEUSD values from Today at 3:52 am
0.5 DAI = 0.4817 MEUSD |
1 DAI = 0.9634 MEUSD |
5 DAI = 4.82 MEUSD |
10 DAI = 9.63 MEUSD |
50 DAI = 48.17 MEUSD |
100 DAI = 96.34 MEUSD |
500 DAI = 481.70 MEUSD |
1,000 DAI = 963.40 MEUSD |
MEUSD to DAI values from Today at 3:53 am
0.5 MEUSD = 0.519 DAI |
1 MEUSD = 1.04 DAI |
5 MEUSD = 5.19 DAI |
10 MEUSD = 10.38 DAI |
50 MEUSD = 51.90 DAI |
100 MEUSD = 103.80 DAI |
500 MEUSD = 519.00 DAI |
1,000 MEUSD = 1,037.99 DAI |
DAI to MEUSD over time
DAI | Today | 24H -0.09% | 1M 0.03% | 1Y -1.16% |
|---|---|---|---|---|
0.5 DAI | 0.4817 MEUSD | 0.4821 MEUSD | 0.4816 MEUSD | 0.4873 MEUSD |
1 DAI | 0.9634 MEUSD | 0.9642 MEUSD | 0.9632 MEUSD | 0.9746 MEUSD |
5 DAI | 4.82 MEUSD | 4.82 MEUSD | 4.82 MEUSD | 4.87 MEUSD |
10 DAI | 9.63 MEUSD | 9.64 MEUSD | 9.63 MEUSD | 9.75 MEUSD |
50 DAI | 48.17 MEUSD | 48.21 MEUSD | 48.16 MEUSD | 48.73 MEUSD |
100 DAI | 96.34 MEUSD | 96.42 MEUSD | 96.32 MEUSD | 97.46 MEUSD |
500 DAI | 481.70 MEUSD | 482.12 MEUSD | 481.58 MEUSD | 487.31 MEUSD |
1,000 DAI | 963.40 MEUSD | 964.25 MEUSD | 963.15 MEUSD | 974.62 MEUSD |
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 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, World Liberty Financial USD, and Bitcoin Cash. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
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