About DAI and PAR
Dai is climbing, while Parachute is falling this week. The current DAI to PAR conversion rate is 0.9995. Inversely, this means that if you convert 1 PAR you will get 1.00 DAI. The conversion rate of DAI/PAR has decreased by 0.01% in the last hour (PAR/DAI increased by 0.01%). In the last 24 hours, DAI/PAR grew by 0%, while PAR/DAI shrunk by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 0.9995 PAR. In other words, to buy 5 Dai, it would cost you 4.9976 PAR. Inversely, 1 PAR would allow you to trade for 1.00 DAI while 50 PAR would convert to 50.02 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1,210,953.58%. Meanwhile, in the last 24 hours, the rate has changed by 1,211,144.32%, and that the highest exchange rate of 1 DAI to PAR was 12,111.91 PAR and the lowest 24 hour value was 1 DAI for 12,102.27 PAR. Last month, 1 DAI was worth 10,660.46 PAR. Today, it's down 1,066,452.89%. Looking back a year, Dai has changed by 8,698.31 PAR. That means that in a single year, the value of Dai has shrank by 870,144.51%.
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.
Parachute Market Stats
Parachute is the community behind PAR. PAR is the governance token of Parachute.
Conversion tables
DAI to PAR values from Today at 11:08 am
0.5 DAI = 0.4998 PAR |
1 DAI = 0.9995 PAR |
5 DAI = 5.00 PAR |
10 DAI = 10.00 PAR |
50 DAI = 49.98 PAR |
100 DAI = 99.95 PAR |
500 DAI = 499.76 PAR |
1,000 DAI = 999.52 PAR |
PAR to DAI values from Today at
0.5 PAR = 0.5002 DAI |
1 PAR = 1.00 DAI |
5 PAR = 5.00 DAI |
10 PAR = 10.00 DAI |
50 PAR = 50.02 DAI |
100 PAR = 100.05 DAI |
500 PAR = 500.24 DAI |
1,000 PAR = 1,000.48 DAI |
DAI to PAR over time
DAI | Today | 24H -1,211,144.32% | 1M -1,066,452.89% | 1Y -870,144.51% |
|---|---|---|---|---|
0.5 DAI | 0.4998 PAR | 6,053.34 PAR | 5,330.23 PAR | 4,349.15 PAR |
1 DAI | 0.9995 PAR | 12,106.68 PAR | 10,660.46 PAR | 8,698.31 PAR |
5 DAI | 5.00 PAR | 60,533.41 PAR | 53,302.28 PAR | 43,491.53 PAR |
10 DAI | 10.00 PAR | 121,066.82 PAR | 106,604.56 PAR | 86,983.06 PAR |
50 DAI | 49.98 PAR | 605,334.09 PAR | 533,022.79 PAR | 434,915.28 PAR |
100 DAI | 99.95 PAR | 1,210,668.18 PAR | 1,066,045.57 PAR | 869,830.57 PAR |
500 DAI | 499.76 PAR | 6,053,340.92 PAR | 5,330,227.87 PAR | 4,349,152.84 PAR |
1,000 DAI | 999.52 PAR | 12,106,681.85 PAR | 10,660,455.73 PAR | 8,698,305.68 PAR |
Frequently asked questions
Right now, 1 Dai is worth about $0.9995.
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 Chainlink, World Liberty Financial USD, and Monero. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
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