Convert Dai DAI to Mountain Protocol USDM
DAI to USDM: 1 Dai converts to 1.00 USDM
About DAI and USDM
Dai is falling, while Mountain Protocol is climbing this week. The current DAI to USDM conversion rate is 1.00. Inversely, this means that if you convert 1 USDM you will get 0.9976 DAI. The conversion rate of DAI/USDM has decreased by 0.04% in the last hour (USDM/DAI increased by 0.04%). In the last 24 hours, DAI/USDM shrunk by 0.02%, while USDM/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 1.00 USDM. In other words, to buy 5 Dai, it would cost you 5.01 USDM. Inversely, 1 USDM would allow you to trade for 0.9976 DAI while 50 USDM would convert to 49.88 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.25%. Meanwhile, in the last 24 hours, the rate has changed by 0.01%, which means that the highest exchange rate of 1 DAI to USDM was 1.00 USDM and the lowest 24 hour value was 1 DAI for 0.9973 USDM. Last month, 1 DAI was worth 0.9993 USDM. Today, it's up 0.31%. Looking back a year, Dai has changed by 1.00 USDM. That means that in a single year, the value of Dai has shrank by 0.19%.
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.
Mountain Protocol Market Stats
The USDM token is a rebasing ERC20 token, redeemable at a pegged 1:1 USD value by primary users. USDM is a fully backed stablecoin, backed by "USDM Reserves", which are held under custody with regulated financial institutions in bankruptcy-remote accounts, segregated from the Company's operating accounts, on behalf of, and for the benefit of, Users. USDM rebases daily, allowing users to receive rewards. These rewards are generated by the interest paid by the US Treasuries held in the USDM Reserves.
Conversion tables
DAI to USDM values from Today at 6:09 am
0.5 DAI = 0.5012 USDM |
1 DAI = 1.00 USDM |
5 DAI = 5.01 USDM |
10 DAI = 10.02 USDM |
50 DAI = 50.12 USDM |
100 DAI = 100.24 USDM |
500 DAI = 501.21 USDM |
1,000 DAI = 1,002.42 USDM |
USDM to DAI values from Today at 6:11 am
0.5 USDM = 0.4988 DAI |
1 USDM = 0.9976 DAI |
5 USDM = 4.99 DAI |
10 USDM = 9.98 DAI |
50 USDM = 49.88 DAI |
100 USDM = 99.76 DAI |
500 USDM = 498.79 DAI |
1,000 USDM = 997.59 DAI |
DAI to USDM over time
DAI | Today | 24H -0.01% | 1M 0.31% | 1Y -0.19% |
|---|---|---|---|---|
0.5 DAI | 0.5012 USDM | 0.5013 USDM | 0.4997 USDM | 0.5021 USDM |
1 DAI | 1.00 USDM | 1.00 USDM | 0.9993 USDM | 1.00 USDM |
5 DAI | 5.01 USDM | 5.01 USDM | 5.00 USDM | 5.02 USDM |
10 DAI | 10.02 USDM | 10.03 USDM | 9.99 USDM | 10.04 USDM |
50 DAI | 50.12 USDM | 50.13 USDM | 49.97 USDM | 50.21 USDM |
100 DAI | 100.24 USDM | 100.25 USDM | 99.93 USDM | 100.43 USDM |
500 DAI | 501.21 USDM | 501.27 USDM | 499.67 USDM | 502.15 USDM |
1,000 DAI | 1,002.42 USDM | 1,002.54 USDM | 999.35 USDM | 1,004.30 USDM |
Frequently asked questions
Right now, 1 Dai is worth about $0.9998.
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 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 Bitcoin Cash, World Liberty Financial USD, and Canton. 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.