Convert Wrapped Bitcoin WBTC to Dai DAI
WBTC to DAI: 1 Wrapped Bitcoin converts to 80,721.59 DAI
About WBTC and DAI
Wrapped Bitcoin is falling, while Dai is climbing this week. The current WBTC to DAI conversion rate is 80,721.59. Inversely, this means that if you convert 1 DAI you will get 0.00001239 WBTC. The conversion rate of WBTC/DAI has increased by 0.37% in the last hour (DAI/WBTC decreased by 0.37%). In the last 24 hours, WBTC/DAI shrunk by 0.93%, while DAI/WBTC grew by the same amount.
The exchange rate of Wrapped Bitcoin is decreasing. The current value of 1 WBTC is 80,721.59 DAI. In other words, to buy 5 Wrapped Bitcoin, it would cost you 403,607.97 DAI. Inversely, 1 DAI would allow you to trade for 0.00001239 WBTC while 50 DAI would convert to 0.0006194 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.49%. Meanwhile, in the last 24 hours, the rate has changed by 1.07%, which means that the highest exchange rate of 1 WBTC to DAI was 81,862.49 DAI and the lowest 24 hour value was 1 WBTC for 80,223.84 DAI. Last month, 1 WBTC was worth 72,243.63 DAI. Today, it's up 10.5%. Looking back a year, Wrapped Bitcoin has changed by 115,324.58 DAI. That means that in a single year, the value of Wrapped Bitcoin has shrank by 42.87%.
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
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
WBTC to DAI values from Today at 3:30 pm
0.5 WBTC = 40,360.80 DAI |
1 WBTC = 80,721.59 DAI |
5 WBTC = 403,607.97 DAI |
10 WBTC = 807,215.94 DAI |
50 WBTC = 4,036,079.72 DAI |
100 WBTC = 8,072,159.44 DAI |
500 WBTC = 40,360,797.22 DAI |
1,000 WBTC = 80,721,594.43 DAI |
DAI to WBTC values from Today at 3:30 pm
0.5 DAI = 0.000006194 WBTC |
1 DAI = 0.00001239 WBTC |
5 DAI = 0.00006194 WBTC |
10 DAI = 0.0001239 WBTC |
50 DAI = 0.0006194 WBTC |
100 DAI = 0.001239 WBTC |
500 DAI = 0.006194 WBTC |
1,000 DAI = 0.01239 WBTC |
WBTC to DAI over time
WBTC | Today | 24H -1.07% | 1M 10.50% | 1Y -42.87% |
|---|---|---|---|---|
0.5 WBTC | 40,360.80 DAI | 40,794.45 DAI | 36,121.82 DAI | 57,662.29 DAI |
1 WBTC | 80,721.59 DAI | 81,588.89 DAI | 72,243.63 DAI | 115,324.58 DAI |
5 WBTC | 403,607.97 DAI | 407,944.47 DAI | 361,218.16 DAI | 576,622.91 DAI |
10 WBTC | 807,215.94 DAI | 815,888.94 DAI | 722,436.32 DAI | 1,153,245.83 DAI |
50 WBTC | 4,036,079.72 DAI | 4,079,444.71 DAI | 3,612,181.61 DAI | 5,766,229.14 DAI |
100 WBTC | 8,072,159.44 DAI | 8,158,889.43 DAI | 7,224,363.23 DAI | 11,532,458.28 DAI |
500 WBTC | 40,360,797.22 DAI | 40,794,447.14 DAI | 36,121,816.13 DAI | 57,662,291.42 DAI |
1,000 WBTC | 80,721,594.43 DAI | 81,588,894.28 DAI | 72,243,632.26 DAI | 115,324,582.84 DAI |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $80,705.98.
Based on the current rate, you could get 0.00001239 WBTC for 1 USD.
Wrapped Bitcoin price has been declining. Since yesterday, the exchange rate of Wrapped Bitcoin has decreased. Since last month, the exchange rate of Wrapped Bitcoin has increased. Since this time last year, the price of Wrapped Bitcoin has decreased.
You can use our WBTC to USD calculator at the top of this page to convert any amount of WBTC to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.00006195 WBTC. Inversely, 5 WBTC will cost about $403,529.89
Wrapped Bitcoin is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Wrapped Bitcoin.
There are a number of crypto assets that have the a similar or comparable market cap to Wrapped Bitcoin, including USDS, WETH, and Wrapped Beacon ETH. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped Bitcoin.
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