About DAI and TETH
Dai is falling, while Treehouse ETH is climbing this week. The current DAI to TETH conversion rate is 0.0002931. Inversely, this means that if you convert 1 TETH you will get 3,411.45 DAI. The conversion rate of DAI/TETH has decreased by 0.34% in the last hour (TETH/DAI increased by 0.34%). In the last 24 hours, DAI/TETH shrunk by 5.26%, while TETH/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 0.0002931 TETH. In other words, to buy 5 Dai, it would cost you 0.0014657 TETH. Inversely, 1 TETH would allow you to trade for 3,411.45 DAI while 50 TETH would convert to 170,572.36 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 8.78%. Meanwhile, in the last 24 hours, the rate has changed by 4.59%, and that the highest exchange rate of 1 DAI to TETH was 0.0003066 TETH and the lowest 24 hour value was 1 DAI for 0.0002893 TETH. Last month, 1 DAI was worth 0.0003355 TETH. Today, it's down 14.46%. Looking back a year, Dai has changed by 0.0001957 TETH. That means that in a single year, the value of Dai has grown by 33.23%.
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.
Treehouse ETH Market Stats
tETH is a liquid staking token (LST) that converges the fragmented on-chain ETH interest rates market. Holders of tETH earn real yield in excess of Ethereum’s Proof-of-Stake (PoS) rewards through interest rate arbitrage while still being able to use tETH for DeFi activities. tETH is also foundational to supporting the eventual implementation of Treehouse’s Decentralized Offered Rates (DOR) consensus mechanism as well as the Treehouse Actively Validated Service (AVS).
Conversion tables
DAI to TETH values from Today at 3:55 pm
0.5 DAI = 0.0001466 TETH |
1 DAI = 0.0002931 TETH |
5 DAI = 0.001466 TETH |
10 DAI = 0.002931 TETH |
50 DAI = 0.01466 TETH |
100 DAI = 0.02931 TETH |
500 DAI = 0.1466 TETH |
1,000 DAI = 0.2931 TETH |
TETH to DAI values from Today at 3:54 pm
0.5 TETH = 1,705.72 DAI |
1 TETH = 3,411.45 DAI |
5 TETH = 17,057.24 DAI |
10 TETH = 34,114.47 DAI |
50 TETH = 170,572.36 DAI |
100 TETH = 341,144.72 DAI |
500 TETH = 1,705,723.62 DAI |
1,000 TETH = 3,411,447.24 DAI |
DAI to TETH over time
DAI | Today | 24H -4.59% | 1M -14.46% | 1Y 33.23% |
|---|---|---|---|---|
0.5 DAI | 0.0001466 TETH | 0.0001533 TETH | 0.0001678 TETH | 0.00009787 TETH |
1 DAI | 0.0002931 TETH | 0.0003066 TETH | 0.0003355 TETH | 0.0001957 TETH |
5 DAI | 0.001466 TETH | 0.001533 TETH | 0.001678 TETH | 0.0009787 TETH |
10 DAI | 0.002931 TETH | 0.003066 TETH | 0.003355 TETH | 0.001957 TETH |
50 DAI | 0.01466 TETH | 0.01533 TETH | 0.01678 TETH | 0.009787 TETH |
100 DAI | 0.02931 TETH | 0.03066 TETH | 0.03355 TETH | 0.01957 TETH |
500 DAI | 0.1466 TETH | 0.1533 TETH | 0.1678 TETH | 0.09787 TETH |
1,000 DAI | 0.2931 TETH | 0.3066 TETH | 0.3355 TETH | 0.1957 TETH |
Frequently asked questions
Right now, 1 Dai is worth about $0.9989.
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 5.01 DAI. Inversely, 5 DAI will cost about $4.99
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 Litecoin, Canton, and Ethena USDe. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
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