Convert Mountain Protocol USDM to Dai DAI
1 USDM converts to 1.00 DAI
About USDM and DAI
Mountain Protocol is climbing, while Dai is falling this week. The current USDM to DAI conversion rate is 1.00. Inversely, this means that if you convert 1 DAI you will get 0.9969 USDM. The conversion rate of USDM/DAI has decreased by 0.04% in the last hour (DAI/USDM increased by 0.04%). In the last 24 hours, USDM/DAI grew by 0.52%, while DAI/USDM shrunk by the same amount.
The exchange rate of Mountain Protocol is increasing. The current value of 1 USDM is 1.00 DAI. In other words, to buy 5 Mountain Protocol, it would cost you 5.02 DAI. Inversely, 1 DAI would allow you to trade for 0.9969 USDM while 50 DAI would convert to 49.84 USDM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.51%. Meanwhile, in the last 24 hours, the rate has changed by 0.53%, which means that the highest exchange rate of 1 USDM to DAI was 1.00 DAI and the lowest 24 hour value was 1 USDM for 0.9974 DAI. Last month, 1 USDM was worth 0.9991 DAI. Today, it's up 0.41%. Looking back a year, Mountain Protocol has changed by 0.9975 DAI. That means that in a single year, the value of Mountain Protocol has grown by 0.57%.
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.
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
USDM to DAI values from Today at 7:23 pm
0.5 USDM = 0.5016 DAI |
1 USDM = 1.00 DAI |
5 USDM = 5.02 DAI |
10 USDM = 10.03 DAI |
50 USDM = 50.16 DAI |
100 USDM = 100.32 DAI |
500 USDM = 501.58 DAI |
1,000 USDM = 1,003.16 DAI |
DAI to USDM values from Today at 7:21 pm
0.5 DAI = 0.4984 USDM |
1 DAI = 0.9969 USDM |
5 DAI = 4.98 USDM |
10 DAI = 9.97 USDM |
50 DAI = 49.84 USDM |
100 DAI = 99.69 USDM |
500 DAI = 498.43 USDM |
1,000 DAI = 996.85 USDM |
USDM to DAI over time
USDM | Today | 24H 0.53% | 1M 0.41% | 1Y 0.57% |
|---|---|---|---|---|
0.5 USDM | 0.5016 DAI | 0.4989 DAI | 0.4995 DAI | 0.4987 DAI |
1 USDM | 1.00 DAI | 0.9978 DAI | 0.9991 DAI | 0.9975 DAI |
5 USDM | 5.02 DAI | 4.99 DAI | 5.00 DAI | 4.99 DAI |
10 USDM | 10.03 DAI | 9.98 DAI | 9.99 DAI | 9.97 DAI |
50 USDM | 50.16 DAI | 49.89 DAI | 49.95 DAI | 49.87 DAI |
100 USDM | 100.32 DAI | 99.78 DAI | 99.91 DAI | 99.75 DAI |
500 USDM | 501.58 DAI | 498.91 DAI | 499.54 DAI | 498.73 DAI |
1,000 USDM | 1,003.16 DAI | 997.82 DAI | 999.09 DAI | 997.47 DAI |
Frequently asked questions
Right now, 1 Mountain Protocol is worth about $1.00.
Based on the current rate, you could get 0.9972 USDM for 1 USD.
Mountain Protocol price has been on the rise. Since yesterday, the exchange rate of Mountain Protocol has increased. Since last month, the exchange rate of Mountain Protocol has increased. Since this time last year, the price of Mountain Protocol has increased.
You can use our USDM to USD calculator at the top of this page to convert any amount of USDM to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 4.99 USDM. Inversely, 5 USDM will cost about $5.01
Mountain Protocol can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Mountain Protocol.
There are a number of crypto assets that have the a similar or comparable market cap to Mountain Protocol, including HOPE, Autonio, and Rentberry. For a more robust list of assets to explore, jump to the asset page dedicated to Mountain Protocol.
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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.