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About UMA and DAI
UMA is climbing, while Dai is falling this week. The current UMA to DAI conversion rate is 0.416. Inversely, this means that if you convert 1 DAI you will get 2.40 UMA. The conversion rate of UMA/DAI has decreased by 0.21% in the last hour (DAI/UMA increased by 0.21%). In the last 24 hours, UMA/DAI grew by 0.95%, while DAI/UMA shrunk by the same amount.
The exchange rate of UMA is increasing. The current value of 1 UMA is 0.416 DAI. In other words, to buy 5 UMA, it would cost you 2.0801 DAI. Inversely, 1 DAI would allow you to trade for 2.40 UMA while 50 DAI would convert to 120.19 UMA, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.73%. Meanwhile, in the last 24 hours, the rate has changed by 1.6%, which means that the highest exchange rate of 1 UMA to DAI was 0.4325 DAI and the lowest 24 hour value was 1 UMA for 0.3963 DAI. Last month, 1 UMA was worth 0.3757 DAI. Today, it's up 9.68%. Looking back a year, UMA has changed by 0.9216 DAI. That means that in a single year, the value of UMA has shrank by 121.54%.
UMA Market Stats
UMA is an Ethereum token that describes itself as “an open-source protocol that allows developers to design and create their own financial contracts and synthetic assets.” The protocol’s name comes from the team’s goal of creating universal market access (UMA).
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
UMA to DAI values from Today at 7:06 am
0.5 UMA = 0.208 DAI |
1 UMA = 0.416 DAI |
5 UMA = 2.08 DAI |
10 UMA = 4.16 DAI |
50 UMA = 20.80 DAI |
100 UMA = 41.60 DAI |
500 UMA = 208.01 DAI |
1,000 UMA = 416.02 DAI |
DAI to UMA values from Today at 7:12 am
0.5 DAI = 1.20 UMA |
1 DAI = 2.40 UMA |
5 DAI = 12.02 UMA |
10 DAI = 24.04 UMA |
50 DAI = 120.19 UMA |
100 DAI = 240.37 UMA |
500 DAI = 1,201.86 UMA |
1,000 DAI = 2,403.72 UMA |
UMA to DAI over time
UMA | Today | 24H 1.60% | 1M 9.68% | 1Y -121.54% |
|---|---|---|---|---|
0.5 UMA | 0.208 DAI | 0.2047 DAI | 0.1879 DAI | 0.4608 DAI |
1 UMA | 0.416 DAI | 0.4094 DAI | 0.3757 DAI | 0.9216 DAI |
5 UMA | 2.08 DAI | 2.05 DAI | 1.88 DAI | 4.61 DAI |
10 UMA | 4.16 DAI | 4.09 DAI | 3.76 DAI | 9.22 DAI |
50 UMA | 20.80 DAI | 20.47 DAI | 18.79 DAI | 46.08 DAI |
100 UMA | 41.60 DAI | 40.94 DAI | 37.57 DAI | 92.16 DAI |
500 UMA | 208.01 DAI | 204.68 DAI | 187.87 DAI | 460.82 DAI |
1,000 UMA | 416.02 DAI | 409.36 DAI | 375.74 DAI | 921.64 DAI |
Frequently asked questions
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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.