About DAI and MATIC
Dai is climbing, while Polygon is falling this week. The current DAI to MATIC conversion rate is 9.87. Inversely, this means that if you convert 1 MATIC you will get 0.1014 DAI. The conversion rate of DAI/MATIC has increased by 0.34% in the last hour (MATIC/DAI decreased by 0.34%). In the last 24 hours, DAI/MATIC grew by 7.33%, while MATIC/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 9.87 MATIC. In other words, to buy 5 Dai, it would cost you 49.33 MATIC. Inversely, 1 MATIC would allow you to trade for 0.1014 DAI while 50 MATIC would convert to 5.07 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 15.99%. Meanwhile, in the last 24 hours, the rate has changed by 7.16%, which means that the highest exchange rate of 1 DAI to MATIC was 9.89 MATIC and the lowest 24 hour value was 1 DAI for 9.16 MATIC. Last month, 1 DAI was worth 10.39 MATIC. Today, it's down 5.29%. Looking back a year, Dai has changed by 4.13 MATIC. That means that in a single year, the value of Dai has grown by 58.09%.
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.
Polygon Market Stats
Polygon was formerly called Matic Network. Polygon (MATIC) is an Ethereum token that powers the Polygon Network, a scaling solution for Ethereum. Polygon aims to provide faster and cheaper transactions on Ethereum using Layer 2 sidechains, which are blockchains that run alongside the Ethereum main chain. Users can deposit Ethereum tokens to a Polygon smart contract, interact with them within Polygon, and then later withdraw them back to the Ethereum main chain. The MATIC token is used to pay transaction fees and participate in proof-of-stake consensus.
Conversion tables
DAI to MATIC values from Today at 1:39 pm
0.5 DAI = 4.93 MATIC |
1 DAI = 9.87 MATIC |
5 DAI = 49.33 MATIC |
10 DAI = 98.66 MATIC |
50 DAI = 493.31 MATIC |
100 DAI = 986.61 MATIC |
500 DAI = 4,933.06 MATIC |
1,000 DAI = 9,866.11 MATIC |
MATIC to DAI values from Today at 1:41 pm
0.5 MATIC = 0.05068 DAI |
1 MATIC = 0.1014 DAI |
5 MATIC = 0.5068 DAI |
10 MATIC = 1.01 DAI |
50 MATIC = 5.07 DAI |
100 MATIC = 10.14 DAI |
500 MATIC = 50.68 DAI |
1,000 MATIC = 101.36 DAI |
DAI to MATIC over time
DAI | Today | 24H 7.16% | 1M -5.29% | 1Y 58.09% |
|---|---|---|---|---|
0.5 DAI | 4.93 MATIC | 4.58 MATIC | 5.19 MATIC | 2.07 MATIC |
1 DAI | 9.87 MATIC | 9.16 MATIC | 10.39 MATIC | 4.13 MATIC |
5 DAI | 49.33 MATIC | 45.80 MATIC | 51.94 MATIC | 20.67 MATIC |
10 DAI | 98.66 MATIC | 91.60 MATIC | 103.88 MATIC | 41.35 MATIC |
50 DAI | 493.31 MATIC | 457.98 MATIC | 519.42 MATIC | 206.73 MATIC |
100 DAI | 986.61 MATIC | 915.97 MATIC | 1,038.83 MATIC | 413.46 MATIC |
500 DAI | 4,933.06 MATIC | 4,579.85 MATIC | 5,194.17 MATIC | 2,067.32 MATIC |
1,000 DAI | 9,866.11 MATIC | 9,159.70 MATIC | 10,388.33 MATIC | 4,134.64 MATIC |
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