About DAI and MKR
Dai is climbing, while Maker is falling this week. The current DAI to MKR conversion rate is 0.000689. Inversely, this means that if you convert 1 MKR you will get 1,451.46 DAI. The conversion rate of DAI/MKR has increased by 0.17% in the last hour (MKR/DAI decreased by 0.17%). In the last 24 hours, DAI/MKR grew by 0.9%, while MKR/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 0.000689 MKR. In other words, to buy 5 Dai, it would cost you 0.0034448 MKR. Inversely, 1 MKR would allow you to trade for 1,451.46 DAI while 50 MKR would convert to 72,573.03 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 10.3%. Meanwhile, in the last 24 hours, the rate has changed by 0.85%, which means that the highest exchange rate of 1 DAI to MKR was 0.0007004 MKR and the lowest 24 hour value was 1 DAI for 0.0006823 MKR. Last month, 1 DAI was worth 0.0007378 MKR. Today, it's down 7.08%. Looking back a year, Dai has changed by 0.0005767 MKR. That means that in a single year, the value of Dai has grown by 16.3%.
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.
Maker Market Stats
Maker is an Ethereum token that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” The purpose of the Maker system is to generate another Ethereum token, called Dai, that seeks to trade on exchanges at a value of exactly US$1.00.
Conversion tables
DAI to MKR values from Today at 5:17 am
0.5 DAI = 0.0003445 MKR |
1 DAI = 0.000689 MKR |
5 DAI = 0.003445 MKR |
10 DAI = 0.00689 MKR |
50 DAI = 0.03445 MKR |
100 DAI = 0.0689 MKR |
500 DAI = 0.3445 MKR |
1,000 DAI = 0.689 MKR |
MKR to DAI values from Today at 5:18 am
0.5 MKR = 725.73 DAI |
1 MKR = 1,451.46 DAI |
5 MKR = 7,257.30 DAI |
10 MKR = 14,514.61 DAI |
50 MKR = 72,573.03 DAI |
100 MKR = 145,146.06 DAI |
500 MKR = 725,730.28 DAI |
1,000 MKR = 1,451,460.56 DAI |
DAI to MKR over time
DAI | Today | 24H 0.85% | 1M -7.08% | 1Y 16.30% |
|---|---|---|---|---|
0.5 DAI | 0.0003445 MKR | 0.0003416 MKR | 0.0003689 MKR | 0.0002883 MKR |
1 DAI | 0.000689 MKR | 0.0006831 MKR | 0.0007378 MKR | 0.0005767 MKR |
5 DAI | 0.003445 MKR | 0.003416 MKR | 0.003689 MKR | 0.002883 MKR |
10 DAI | 0.00689 MKR | 0.006831 MKR | 0.007378 MKR | 0.005767 MKR |
50 DAI | 0.03445 MKR | 0.03416 MKR | 0.03689 MKR | 0.02883 MKR |
100 DAI | 0.0689 MKR | 0.06831 MKR | 0.07378 MKR | 0.05767 MKR |
500 DAI | 0.3445 MKR | 0.3416 MKR | 0.3689 MKR | 0.2883 MKR |
1,000 DAI | 0.689 MKR | 0.6831 MKR | 0.7378 MKR | 0.5767 MKR |
Frequently asked questions
Right now, 1 Dai is worth about $0.9998.
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 Ethena USDe, Bitcoin Cash, and Stellar Lumens. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
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