About DAI and RAI
Dai is climbing, while Rai Reflex Index is falling this week. The current DAI to RAI conversion rate is 0.4812. Inversely, this means that if you convert 1 RAI you will get 2.08 DAI. The conversion rate of DAI/RAI has decreased by 0.49% in the last hour (RAI/DAI increased by 0.49%). In the last 24 hours, DAI/RAI grew by 3.89%, while RAI/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 0.4812 RAI. In other words, to buy 5 Dai, it would cost you 2.406 RAI. Inversely, 1 RAI would allow you to trade for 2.08 DAI while 50 RAI would convert to 103.91 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.59%. Meanwhile, in the last 24 hours, the rate has changed by 3.8%, and that the highest exchange rate of 1 DAI to RAI was 0.4902 RAI and the lowest 24 hour value was 1 DAI for 0.4544 RAI. Last month, 1 DAI was worth 0.5765 RAI. Today, it's down 19.81%. Looking back a year, Dai has changed by 0.4392 RAI. That means that in a single year, the value of Dai has grown by 8.73%.
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.
Rai Reflex Index Market Stats
Please note: Whilst this token may be described as a ‘stable’ asset its value is not designed to be pegged to any fiat currency (e.g. Pounds Sterling or US dollars) and its price may therefore fluctuate. This token relies on complex algorithmic arrangements and is collateralised by Ether (ETH), meaning its value could decline or become volatile. Please visit https://www.coinbase.com/asset-risks for more information on asset risks. RAI is an Ethereum token. The RAI-USD exchange rate is determined by supply and demand while the protocol that issues RAI tries to stabilize its price by constantly de- or re-valuing it. The supply and demand mechanic plays out between two parties: SAFE users (those who generate RAI with their ETH) and RAI holders (those who hold, speculate on or use RAI in other protocols and apps).
Conversion tables
DAI to RAI values from Today at 5:51 am
0.5 DAI = 0.2406 RAI |
1 DAI = 0.4812 RAI |
5 DAI = 2.41 RAI |
10 DAI = 4.81 RAI |
50 DAI = 24.06 RAI |
100 DAI = 48.12 RAI |
500 DAI = 240.60 RAI |
1,000 DAI = 481.21 RAI |
RAI to DAI values from Today at 5:49 am
0.5 RAI = 1.04 DAI |
1 RAI = 2.08 DAI |
5 RAI = 10.39 DAI |
10 RAI = 20.78 DAI |
50 RAI = 103.91 DAI |
100 RAI = 207.81 DAI |
500 RAI = 1,039.05 DAI |
1,000 RAI = 2,078.11 DAI |
DAI to RAI over time
DAI | Today | 24H 3.80% | 1M -19.81% | 1Y 8.73% |
|---|---|---|---|---|
0.5 DAI | 0.2406 RAI | 0.2315 RAI | 0.2883 RAI | 0.2196 RAI |
1 DAI | 0.4812 RAI | 0.4629 RAI | 0.5765 RAI | 0.4392 RAI |
5 DAI | 2.41 RAI | 2.31 RAI | 2.88 RAI | 2.20 RAI |
10 DAI | 4.81 RAI | 4.63 RAI | 5.77 RAI | 4.39 RAI |
50 DAI | 24.06 RAI | 23.15 RAI | 28.83 RAI | 21.96 RAI |
100 DAI | 48.12 RAI | 46.29 RAI | 57.65 RAI | 43.92 RAI |
500 DAI | 240.60 RAI | 231.47 RAI | 288.27 RAI | 219.60 RAI |
1,000 DAI | 481.21 RAI | 462.94 RAI | 576.54 RAI | 439.19 RAI |
Frequently asked questions
Right now, 1 Dai is worth about $0.9999.
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 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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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.