About DAI and MUSD
Dai is falling, while mStable USD is climbing this week. The current DAI to MUSD conversion rate is 0.9997. Inversely, this means that if you convert 1 MUSD you will get 1.00 DAI. The conversion rate of DAI/MUSD has increased by 1.78% in the last hour (MUSD/DAI decreased by 1.78%). In the last 24 hours, DAI/MUSD shrunk by 0.48%, while MUSD/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 0.9997 MUSD. In other words, to buy 5 Dai, it would cost you 4.9987 MUSD. Inversely, 1 MUSD would allow you to trade for 1.00 DAI while 50 MUSD would convert to 50.01 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.77%. Meanwhile, in the last 24 hours, the rate has changed by 0.46%, and that the highest exchange rate of 1 DAI to MUSD was 1.00 MUSD and the lowest 24 hour value was 1 DAI for 0.982 MUSD. Last month, 1 DAI was worth 0.9884 MUSD. Today, it's up 1.14%. Looking back a year, Dai has changed by 1.00 MUSD. That means that in a single year, the value of Dai has shrank by 0.37%.
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.
mStable USD Market Stats
MUSD is a decentralized stablecoin running on Ethereum that attempts to maintain a value of US$1.00. Unlike centralized stablecoins, MUSD isn’t backed by US dollars in a bank account. Instead, it’s backed by an array of other stablecoins deposited as collateral on the mStable protocol.
Conversion tables
DAI to MUSD values from Today at 3:16 pm
0.5 DAI = 0.4999 MUSD |
1 DAI = 0.9997 MUSD |
5 DAI = 5.00 MUSD |
10 DAI = 10.00 MUSD |
50 DAI = 49.99 MUSD |
100 DAI = 99.97 MUSD |
500 DAI = 499.87 MUSD |
1,000 DAI = 999.75 MUSD |
MUSD to DAI values from Today at 3:18 pm
0.5 MUSD = 0.5001 DAI |
1 MUSD = 1.00 DAI |
5 MUSD = 5.00 DAI |
10 MUSD = 10.00 DAI |
50 MUSD = 50.01 DAI |
100 MUSD = 100.03 DAI |
500 MUSD = 500.13 DAI |
1,000 MUSD = 1,000.25 DAI |
DAI to MUSD over time
DAI | Today | 24H -0.46% | 1M 1.14% | 1Y -0.37% |
|---|---|---|---|---|
0.5 DAI | 0.4999 MUSD | 0.5022 MUSD | 0.4942 MUSD | 0.5017 MUSD |
1 DAI | 0.9997 MUSD | 1.00 MUSD | 0.9884 MUSD | 1.00 MUSD |
5 DAI | 5.00 MUSD | 5.02 MUSD | 4.94 MUSD | 5.02 MUSD |
10 DAI | 10.00 MUSD | 10.04 MUSD | 9.88 MUSD | 10.03 MUSD |
50 DAI | 49.99 MUSD | 50.22 MUSD | 49.42 MUSD | 50.17 MUSD |
100 DAI | 99.97 MUSD | 100.43 MUSD | 98.84 MUSD | 100.34 MUSD |
500 DAI | 499.87 MUSD | 502.16 MUSD | 494.20 MUSD | 501.72 MUSD |
1,000 DAI | 999.75 MUSD | 1,004.31 MUSD | 988.39 MUSD | 1,003.43 MUSD |
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 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 Bitcoin Cash, Toncoin, and Canton. 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.