About DAI and SOCKS
Dai is climbing, while Unisocks is falling this week. The current DAI to SOCKS conversion rate is 0.0001859. Inversely, this means that if you convert 1 SOCKS you will get 5,380.02 DAI. The conversion rate of DAI/SOCKS has decreased by 0.02% in the last hour (SOCKS/DAI increased by 0.02%). In the last 24 hours, DAI/SOCKS grew by 5.03%, while SOCKS/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 0.0001859 SOCKS. In other words, to buy 5 Dai, it would cost you 0.0009294 SOCKS. Inversely, 1 SOCKS would allow you to trade for 5,380.02 DAI while 50 SOCKS would convert to 269,000.86 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 21.84%. Meanwhile, in the last 24 hours, the rate has changed by 4.81%, which means that the highest exchange rate of 1 DAI to SOCKS was 0.0001869 SOCKS and the lowest 24 hour value was 1 DAI for 0.0001758 SOCKS. Last month, 1 DAI was worth 0.0001224 SOCKS. Today, it's up 34.14%. Looking back a year, Dai has changed by 0.00008251 SOCKS. That means that in a single year, the value of Dai has grown by 55.61%.
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.
Unisocks Market Stats
$SOCKS is a token that entitles you to 1 real pair of limited edition socks, shipped anywhere in the world. You can sell the token back at any time. To get a real pair, redeem a $SOCKS token. $SOCKS tokens are listed starting at $12 USD. Each buy/sell will move the price. The increase or decrease follows a bonding curve. $SOCKS will eventually find an equillibrium based on market demand. Buying or selling socks uses the uniswap protocol and accepts any token input as a payment method. The pool of SOCKS is a uniswap pool where 500 SOCKS tokens were deposited along with the starting value of ETH.
Conversion tables
DAI to SOCKS values from Today at 5:43 am
0.5 DAI = 0.00009294 SOCKS |
1 DAI = 0.0001859 SOCKS |
5 DAI = 0.0009294 SOCKS |
10 DAI = 0.001859 SOCKS |
50 DAI = 0.009294 SOCKS |
100 DAI = 0.01859 SOCKS |
500 DAI = 0.09294 SOCKS |
1,000 DAI = 0.1859 SOCKS |
SOCKS to DAI values from Today at 5:44 am
0.5 SOCKS = 2,690.01 DAI |
1 SOCKS = 5,380.02 DAI |
5 SOCKS = 26,900.09 DAI |
10 SOCKS = 53,800.17 DAI |
50 SOCKS = 269,000.86 DAI |
100 SOCKS = 538,001.72 DAI |
500 SOCKS = 2,690,008.61 DAI |
1,000 SOCKS = 5,380,017.23 DAI |
DAI to SOCKS over time
DAI | Today | 24H 4.81% | 1M 34.14% | 1Y 55.61% |
|---|---|---|---|---|
0.5 DAI | 0.00009294 SOCKS | 0.00008847 SOCKS | 0.00006121 SOCKS | 0.00004126 SOCKS |
1 DAI | 0.0001859 SOCKS | 0.0001769 SOCKS | 0.0001224 SOCKS | 0.00008251 SOCKS |
5 DAI | 0.0009294 SOCKS | 0.0008847 SOCKS | 0.0006121 SOCKS | 0.0004126 SOCKS |
10 DAI | 0.001859 SOCKS | 0.001769 SOCKS | 0.001224 SOCKS | 0.0008251 SOCKS |
50 DAI | 0.009294 SOCKS | 0.008847 SOCKS | 0.006121 SOCKS | 0.004126 SOCKS |
100 DAI | 0.01859 SOCKS | 0.01769 SOCKS | 0.01224 SOCKS | 0.008251 SOCKS |
500 DAI | 0.09294 SOCKS | 0.08847 SOCKS | 0.06121 SOCKS | 0.04126 SOCKS |
1,000 DAI | 0.1859 SOCKS | 0.1769 SOCKS | 0.1224 SOCKS | 0.08251 SOCKS |
Frequently asked questions
Right now, 1 Dai is worth about $0.9994.
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 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, Bitcoin Cash, and Canton. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
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