About Dai
Dai is falling this week. The current price of Dai is MTL 4.08 per DAI. With a circulating supply of 2,077,810.141 DAI, it means that Dai has a total market cap of MTL 8,477,367.22. The amount of Dai traded has fallen by -MTL 21,840.86 in the last 24 hours, which is a 40.01% decrease. Additionally, in the last day, MTL 54,592.35 worth of DAI has been traded.
The exchange rate of Dai is decreasing. The current value of 1 DAI is MTL 4.08 MTL. In other words, to buy 5 Dai, it would cost you MTL 20.41 MTL. Inversely, MTL 1.00 MTL would allow you to trade for 0.245 DAI while MTL 50.00 MTL would convert to 12.25 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.02%. Meanwhile, in the last 24 hours, the rate has changed by 0.01%, which means that the highest exchange rate of 1 DAI to MTL was MTL 0.00 MTL and the lowest 24 hour value was 1 DAI for MTL∞ MTL. Last month, 1 DAI was worth MTL 0.00 MTL. Today, it's down 0.03%. Looking back a year, Dai has changed by MTL 0.3767 MTL. That means that in a single year, the value of Dai has shrank by 0.03%.
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
MTL to DAI values from Today at 1:29 am
MTL 0.50 MTL = 0.1225 DAI |
MTL 1.00 MTL = 0.245 DAI |
MTL 5.00 MTL = 1.22 DAI |
MTL 10.00 MTL = 2.45 DAI |
MTL 50.00 MTL = 12.25 DAI |
MTL 100.00 MTL = 24.50 DAI |
MTL 500.00 MTL = 122.48 DAI |
MTL 1,000.00 MTL = 244.97 DAI |
DAI to MTL values from Today at 1:29 am
0.5 DAI = MTL 2.04 MTL |
1 DAI = MTL 4.08 MTL |
5 DAI = MTL 20.41 MTL |
10 DAI = MTL 40.82 MTL |
50 DAI = MTL 204.11 MTL |
100 DAI = MTL 408.22 MTL |
500 DAI = MTL 2,041.09 MTL |
1,000 DAI = MTL 4,082.18 MTL |
MTL to DAI over time
MTL | Today | 24H -1,566.83% | 1M -1,566.83% | 1Y -4,325.13% |
|---|---|---|---|---|
0.5 MTL | 0.1225 DAI | 0.50 DAI | 0.50 DAI | 1.33 DAI |
1 MTL | 0.245 DAI | 1.00 DAI | 1.00 DAI | 2.65 DAI |
5 MTL | 1.22 DAI | 5.00 DAI | 5.00 DAI | 13.27 DAI |
10 MTL | 2.45 DAI | 10.00 DAI | 10.00 DAI | 26.55 DAI |
50 MTL | 12.25 DAI | 50.00 DAI | 50.00 DAI | 132.74 DAI |
100 MTL | 24.50 DAI | 100.00 DAI | 100.00 DAI | 265.48 DAI |
500 MTL | 122.48 DAI | 500.00 DAI | 500.00 DAI | 1,327.41 DAI |
1,000 MTL | 244.97 DAI | 1,000.00 DAI | 1,000.00 DAI | 2,654.81 DAI |
Frequently asked questions
Right now, 1 Dai is worth about MTL 4.08.
Based on the current rate, you could get 0.245 DAI for 1 MTL.
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 MTL calculator at the top of this page to convert any amount of DAI to MTL. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MTL is equivalent to 1.22 DAI. Inversely, 5 DAI will cost about MTL 20.41
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, World Liberty Financial USD, and Monero. 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.