About DAI and MFI
Dai is falling, while Marginswap is climbing this week. The current DAI to MFI conversion rate is 106.17. Inversely, this means that if you convert 1 MFI you will get 0.009419 DAI. The conversion rate of DAI/MFI has decreased by 0.26% in the last hour (MFI/DAI increased by 0.26%). In the last 24 hours, DAI/MFI shrunk by 2.03%, while MFI/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 106.17 MFI. In other words, to buy 5 Dai, it would cost you 530.83 MFI. Inversely, 1 MFI would allow you to trade for 0.009419 DAI while 50 MFI would convert to 0.471 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.57%. Meanwhile, in the last 24 hours, the rate has changed by 2%, and that the highest exchange rate of 1 DAI to MFI was 108.56 MFI and the lowest 24 hour value was 1 DAI for 104.98 MFI. Last month, 1 DAI was worth 135.17 MFI. Today, it's down 27.32%. Looking back a year, Dai has changed by 77.27 MFI. That means that in a single year, the value of Dai has grown by 27.21%.
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.
Marginswap Market Stats
Marginswap is a decentralized trading protocol that natively supports overcollateralized loans, spot and leverage trading of tokens on AMMs like Uniswap and SushiSwap. With Marginswap, traders can trade a wide variety of assets, like on any existing swap protocol but with up to 5x leverage. Margin trading is possible due to Bond lending, i.e., lenders supply crypto assets to the protocol, which traders borrow for their trades.
Conversion tables
DAI to MFI values from Today at 7:29 pm
0.5 DAI = 53.08 MFI |
1 DAI = 106.17 MFI |
5 DAI = 530.83 MFI |
10 DAI = 1,061.66 MFI |
50 DAI = 5,308.32 MFI |
100 DAI = 10,616.65 MFI |
500 DAI = 53,083.24 MFI |
1,000 DAI = 106,166.48 MFI |
MFI to DAI values from Today at 7:29 pm
0.5 MFI = 0.00471 DAI |
1 MFI = 0.009419 DAI |
5 MFI = 0.0471 DAI |
10 MFI = 0.09419 DAI |
50 MFI = 0.471 DAI |
100 MFI = 0.9419 DAI |
500 MFI = 4.71 DAI |
1,000 MFI = 9.42 DAI |
DAI to MFI over time
DAI | Today | 24H -2.00% | 1M -27.32% | 1Y 27.21% |
|---|---|---|---|---|
0.5 DAI | 53.08 MFI | 54.14 MFI | 67.58 MFI | 38.64 MFI |
1 DAI | 106.17 MFI | 108.29 MFI | 135.17 MFI | 77.27 MFI |
5 DAI | 530.83 MFI | 541.43 MFI | 675.84 MFI | 386.37 MFI |
10 DAI | 1,061.66 MFI | 1,082.86 MFI | 1,351.69 MFI | 772.73 MFI |
50 DAI | 5,308.32 MFI | 5,414.30 MFI | 6,758.43 MFI | 3,863.67 MFI |
100 DAI | 10,616.65 MFI | 10,828.61 MFI | 13,516.87 MFI | 7,727.34 MFI |
500 DAI | 53,083.24 MFI | 54,143.03 MFI | 67,584.35 MFI | 38,636.71 MFI |
1,000 DAI | 106,166.48 MFI | 108,286.07 MFI | 135,168.70 MFI | 77,273.42 MFI |
Frequently asked questions
Right now, 1 Dai is worth about $0.9997.
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 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, 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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