About DAI and OVN
Dai is falling, while Overnight is climbing this week. The current DAI to OVN conversion rate is 0.6341. Inversely, this means that if you convert 1 OVN you will get 1.58 DAI. The conversion rate of DAI/OVN has decreased by 0.52% in the last hour (OVN/DAI increased by 0.52%). In the last 24 hours, DAI/OVN shrunk by 0.38%, while OVN/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 0.6341 OVN. In other words, to buy 5 Dai, it would cost you 3.1707 OVN. Inversely, 1 OVN would allow you to trade for 1.58 DAI while 50 OVN would convert to 78.85 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.43%. Meanwhile, in the last 24 hours, the rate has changed by 0.35%, and that the highest exchange rate of 1 DAI to OVN was 0.6384 OVN and the lowest 24 hour value was 1 DAI for 0.6228 OVN. Last month, 1 DAI was worth 0.5429 OVN. Today, it's up 14.39%. Looking back a year, Dai has changed by 1.27 OVN. That means that in a single year, the value of Dai has shrank by 100.09%.
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.
Overnight Market Stats
At the core of Overnight is the concept of stablecoin-based DeFi. The platform introduces stablecoins like USD+, DAI+, and USDT+ that are designed to maintain a stable value relative to their underlying assets. These stablecoins serve as foundational building blocks for users to access various opportunities within the DeFi landscape. Overnight.fi is a protocol focusing on asset management, with a specialization in neutral-risk strategies. At the heart of its product line is USD+, which is a yield-driven stablecoin, fully backed by collateral. This collateral for USD+ is rooted in DeFi strategies that generate returns. These strategies encompass lending to platforms like Aave, and include both stablecoin-to-stablecoin and neutral-risk strategies. The goal of issuing OVN is twofold: Promote and popularize USD+, which is achieved with using OVN for bribes; Establish a robust & decentralized risk monitoring and management processes at the protocol level. OVN token will provide standard voting rights which will be key to realizing the vision of decentralized risk-management. OVN token should help align community incentives with this goal: to reward for supporting conservative risk decisions, and for vetoing aggressive ones.
Conversion tables
DAI to OVN values from Today at 2:39 am
0.5 DAI = 0.3171 OVN |
1 DAI = 0.6341 OVN |
5 DAI = 3.17 OVN |
10 DAI = 6.34 OVN |
50 DAI = 31.71 OVN |
100 DAI = 63.41 OVN |
500 DAI = 317.07 OVN |
1,000 DAI = 634.13 OVN |
OVN to DAI values from Today at 2:39 am
0.5 OVN = 0.7885 DAI |
1 OVN = 1.58 DAI |
5 OVN = 7.88 DAI |
10 OVN = 15.77 DAI |
50 OVN = 78.85 DAI |
100 OVN = 157.70 DAI |
500 OVN = 788.48 DAI |
1,000 OVN = 1,576.96 DAI |
DAI to OVN over time
DAI | Today | 24H -0.35% | 1M 14.39% | 1Y -100.09% |
|---|---|---|---|---|
0.5 DAI | 0.3171 OVN | 0.3182 OVN | 0.2715 OVN | 0.6344 OVN |
1 DAI | 0.6341 OVN | 0.6364 OVN | 0.5429 OVN | 1.27 OVN |
5 DAI | 3.17 OVN | 3.18 OVN | 2.71 OVN | 6.34 OVN |
10 DAI | 6.34 OVN | 6.36 OVN | 5.43 OVN | 12.69 OVN |
50 DAI | 31.71 OVN | 31.82 OVN | 27.15 OVN | 63.44 OVN |
100 DAI | 63.41 OVN | 63.64 OVN | 54.29 OVN | 126.88 OVN |
500 DAI | 317.07 OVN | 318.19 OVN | 271.46 OVN | 634.41 OVN |
1,000 DAI | 634.13 OVN | 636.38 OVN | 542.91 OVN | 1,268.82 OVN |
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 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, Bitcoin Cash, and Cardano. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
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