Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase. Terms apply.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About DRV and DAI
Derive is falling, while Dai is climbing this week. The current DRV to DAI conversion rate is 0.1189. Inversely, this means that if you convert 1 DAI you will get 8.41 DRV. The conversion rate of DRV/DAI has increased by 0.02% in the last hour (DAI/DRV decreased by 0.02%). In the last 24 hours, DRV/DAI shrunk by 2.65%, while DAI/DRV grew by the same amount.
The exchange rate of Derive is decreasing. The current value of 1 DRV is 0.1189 DAI. In other words, to buy 5 Derive, it would cost you 0.5944 DAI. Inversely, 1 DAI would allow you to trade for 8.41 DRV while 50 DAI would convert to 420.60 DRV, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 14.31%. Meanwhile, in the last 24 hours, the rate has changed by 2.57%, and that the highest exchange rate of 1 DRV to DAI was 0.1229 DAI and the lowest 24 hour value was 1 DRV for 0.1179 DAI. Last month, 1 DRV was worth 0.08617 DAI. Today, it's up 27.51%. Looking back a year, Derive has changed by 0.07337 DAI. That means that in a single year, the value of Derive has grown by 38.28%.
Derive Market Stats
Derive ($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 11:05 pm
0.5 DRV = 0.05944 DAI |
1 DRV = 0.1189 DAI |
5 DRV = 0.5944 DAI |
10 DRV = 1.19 DAI |
50 DRV = 5.94 DAI |
100 DRV = 11.89 DAI |
500 DRV = 59.44 DAI |
1,000 DRV = 118.88 DAI |
DAI to DRV values from Today at 11:03 pm
0.5 DAI = 4.21 DRV |
1 DAI = 8.41 DRV |
5 DAI = 42.06 DRV |
10 DAI = 84.12 DRV |
50 DAI = 420.60 DRV |
100 DAI = 841.19 DRV |
500 DAI = 4,205.97 DRV |
1,000 DAI = 8,411.94 DRV |
DRV to DAI over time
DRV | Today | 24H -2.57% | 1M 27.51% | 1Y 38.28% |
|---|---|---|---|---|
0.5 DRV | 0.05944 DAI | 0.06097 DAI | 0.04309 DAI | 0.03668 DAI |
1 DRV | 0.1189 DAI | 0.1219 DAI | 0.08617 DAI | 0.07337 DAI |
5 DRV | 0.5944 DAI | 0.6097 DAI | 0.4309 DAI | 0.3668 DAI |
10 DRV | 1.19 DAI | 1.22 DAI | 0.8617 DAI | 0.7337 DAI |
50 DRV | 5.94 DAI | 6.10 DAI | 4.31 DAI | 3.67 DAI |
100 DRV | 11.89 DAI | 12.19 DAI | 8.62 DAI | 7.34 DAI |
500 DRV | 59.44 DAI | 60.97 DAI | 43.09 DAI | 36.68 DAI |
1,000 DRV | 118.88 DAI | 121.94 DAI | 86.17 DAI | 73.37 DAI |
Frequently asked questions
Right now, 1 Derive is worth about $0.1189.
Based on the current rate, you could get 8.41 DRV for 1 USD.
Derive price has been declining. Since yesterday, the exchange rate of Derive has decreased. 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 42.07 DRV. Inversely, 5 DRV will cost about $0.5943
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 Circle Internet Group Tokenized Stock (Ondo), Meta tokenized stock (xStock), and Light. For a more robust list of assets to explore, jump to the asset page dedicated to Derive.
Buy Derive with Coinbase
Create a Coinbase account to buy and sell Derive on the most secure crypto exchange.
Related conversions
Learn how to buy popular cryptocurrencies
Discover other cryptocurrencies to currency conversions
Discover other cryptocurrency conversions
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.