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About DRV and DAI
Derive is climbing, while Dai is falling this week. The current DRV to DAI conversion rate is 0.09867. Inversely, this means that if you convert 1 DAI you will get 10.13 DRV. The conversion rate of DRV/DAI has increased by 0.9% in the last hour (DAI/DRV decreased by 0.9%). In the last 24 hours, DRV/DAI grew by 9.74%, while DAI/DRV shrunk by the same amount.
The exchange rate of Derive is increasing. The current value of 1 DRV is 0.09867 DAI. In other words, to buy 5 Derive, it would cost you 0.49335 DAI. Inversely, 1 DAI would allow you to trade for 10.13 DRV while 50 DAI would convert to 506.74 DRV, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 18.77%. Meanwhile, in the last 24 hours, the rate has changed by 9.15%, which means that the highest exchange rate of 1 DRV to DAI was 0.10 DAI and the lowest 24 hour value was 1 DRV for 0.08705 DAI. Last month, 1 DRV was worth 0.09113 DAI. Today, it's up 7.65%. Looking back a year, Derive has changed by 0.02438 DAI. That means that in a single year, the value of Derive has grown by 75.29%.
Derive Market Stats
Derive ($DRV) powers the Derive ecosystem, an onchain derivatives protocol for options, perpetuals, and structured products. DRV is used to coordinate governance, liquidity incentives, and ecosystem growth. Derive enables traders, market makers, and builders to create and access advanced financial products onchain - from yield strategies and hedging tools to leveraged speculation across digital assets.
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.
Conversion tables
DRV to DAI values from Today at 8:46 am
0.5 DRV = 0.04934 DAI |
1 DRV = 0.09867 DAI |
5 DRV = 0.4934 DAI |
10 DRV = 0.9867 DAI |
50 DRV = 4.93 DAI |
100 DRV = 9.87 DAI |
500 DRV = 49.34 DAI |
1,000 DRV = 98.67 DAI |
DAI to DRV values from Today at 8:45 am
0.5 DAI = 5.07 DRV |
1 DAI = 10.13 DRV |
5 DAI = 50.67 DRV |
10 DAI = 101.35 DRV |
50 DAI = 506.74 DRV |
100 DAI = 1,013.48 DRV |
500 DAI = 5,067.38 DRV |
1,000 DAI = 10,134.76 DRV |
DRV to DAI over time
DRV | Today | 24H 9.15% | 1M 7.65% | 1Y 75.29% |
|---|---|---|---|---|
0.5 DRV | 0.04934 DAI | 0.04482 DAI | 0.04556 DAI | 0.01219 DAI |
1 DRV | 0.09867 DAI | 0.08965 DAI | 0.09113 DAI | 0.02438 DAI |
5 DRV | 0.4934 DAI | 0.4482 DAI | 0.4556 DAI | 0.1219 DAI |
10 DRV | 0.9867 DAI | 0.8965 DAI | 0.9113 DAI | 0.2438 DAI |
50 DRV | 4.93 DAI | 4.48 DAI | 4.56 DAI | 1.22 DAI |
100 DRV | 9.87 DAI | 8.96 DAI | 9.11 DAI | 2.44 DAI |
500 DRV | 49.34 DAI | 44.82 DAI | 45.56 DAI | 12.19 DAI |
1,000 DRV | 98.67 DAI | 89.65 DAI | 91.13 DAI | 24.38 DAI |
Frequently asked questions
Right now, 1 Derive is worth about $0.09865.
Based on the current rate, you could get 10.14 DRV for 1 USD.
Derive price has been on the rise. Since yesterday, the exchange rate of Derive has increased. Since last month, the exchange rate of Derive has increased. Since this time last year, the price of Derive has increased.
You can use our DRV to USD calculator at the top of this page to convert any amount of DRV to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 50.69 DRV. Inversely, 5 DRV will cost about $0.4932
Derive is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Derive.
There are a number of crypto assets that have the a similar or comparable market cap to Derive, including Safe, Cysic, and Palantir tokenized stock (xStock). For a more robust list of assets to explore, jump to the asset page dedicated to Derive.
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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.