About DAI and RENBTC
Dai is falling, while renBTC is climbing this week. The current DAI to RENBTC conversion rate is 0.00005214. Inversely, this means that if you convert 1 RENBTC you will get 19,177.38 DAI. The conversion rate of DAI/RENBTC has decreased by 0.02% in the last hour (RENBTC/DAI increased by 0.02%). In the last 24 hours, DAI/RENBTC shrunk by 3.08%, while RENBTC/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 0.00005214 RENBTC. In other words, to buy 5 Dai, it would cost you 0.00026072 RENBTC. Inversely, 1 RENBTC would allow you to trade for 19,177.38 DAI while 50 RENBTC would convert to 958,869.15 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 38.61%. Meanwhile, in the last 24 hours, the rate has changed by 3.07%, and that the highest exchange rate of 1 DAI to RENBTC was 0.00007581 RENBTC and the lowest 24 hour value was 1 DAI for 0.0000521 RENBTC. Last month, 1 DAI was worth 0.00007025 RENBTC. Today, it's down 34.72%. Looking back a year, Dai has changed by 0.00006165 RENBTC. That means that in a single year, the value of Dai has shrank by 18.22%.
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.
renBTC Market Stats
REN Tokenized BTC Once an asset is in the custody of RenVM, an ERC20 token at a 1:1 value is minted on Ethereum - this can then be used as any ERC20 can within the Ethereum ecosystem (for example, swaps, collateralization, trades etc.)
Conversion tables
DAI to RENBTC values from Today at 8:29 am
0.5 DAI = 0.00002607 RENBTC |
1 DAI = 0.00005214 RENBTC |
5 DAI = 0.0002607 RENBTC |
10 DAI = 0.0005214 RENBTC |
50 DAI = 0.002607 RENBTC |
100 DAI = 0.005214 RENBTC |
500 DAI = 0.02607 RENBTC |
1,000 DAI = 0.05214 RENBTC |
RENBTC to DAI values from Today at 8:28 am
0.5 RENBTC = 9,588.69 DAI |
1 RENBTC = 19,177.38 DAI |
5 RENBTC = 95,886.92 DAI |
10 RENBTC = 191,773.83 DAI |
50 RENBTC = 958,869.15 DAI |
100 RENBTC = 1,917,738.31 DAI |
500 RENBTC = 9,588,691.55 DAI |
1,000 RENBTC = 19,177,383.10 DAI |
DAI to RENBTC over time
DAI | Today | 24H -3.07% | 1M -34.72% | 1Y -18.22% |
|---|---|---|---|---|
0.5 DAI | 0.00002607 RENBTC | 0.00002687 RENBTC | 0.00003512 RENBTC | 0.00003082 RENBTC |
1 DAI | 0.00005214 RENBTC | 0.00005375 RENBTC | 0.00007025 RENBTC | 0.00006165 RENBTC |
5 DAI | 0.0002607 RENBTC | 0.0002687 RENBTC | 0.0003512 RENBTC | 0.0003082 RENBTC |
10 DAI | 0.0005214 RENBTC | 0.0005375 RENBTC | 0.0007025 RENBTC | 0.0006165 RENBTC |
50 DAI | 0.002607 RENBTC | 0.002687 RENBTC | 0.003512 RENBTC | 0.003082 RENBTC |
100 DAI | 0.005214 RENBTC | 0.005375 RENBTC | 0.007025 RENBTC | 0.006165 RENBTC |
500 DAI | 0.02607 RENBTC | 0.02687 RENBTC | 0.03512 RENBTC | 0.03082 RENBTC |
1,000 DAI | 0.05214 RENBTC | 0.05375 RENBTC | 0.07025 RENBTC | 0.06165 RENBTC |
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 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 Canton, Bitcoin Cash, and Cardano. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
Related conversions
Learn how to buy popular cryptocurrencies
Discover other cryptocurrencies to currency conversions
Explore other stocks
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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.