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About DAI and DRV
Dai is climbing, while Derive is falling this week. The current DAI to DRV conversion rate is 8.62. Inversely, this means that if you convert 1 DRV you will get 0.1159 DAI. The conversion rate of DAI/DRV has decreased by 0% in the last hour (DRV/DAI increased by 0%). In the last 24 hours, DAI/DRV grew by 5.31%, while DRV/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 8.62 DRV. In other words, to buy 5 Dai, it would cost you 43.12 DRV. Inversely, 1 DRV would allow you to trade for 0.1159 DAI while 50 DRV would convert to 5.80 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 11.89%. Meanwhile, in the last 24 hours, the rate has changed by 4.73%, which means that the highest exchange rate of 1 DAI to DRV was 8.67 DRV and the lowest 24 hour value was 1 DAI for 8.20 DRV. Last month, 1 DAI was worth 11.64 DRV. Today, it's down 34.9%. Looking back a year, Dai has changed by 10.95 DRV. That means that in a single year, the value of Dai has shrank by 26.98%.
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
Derive Market Stats
Derive ($DRV) powers the Derive ecosystem, an onchain derivatives protocol for options, perpetuals, and structured products. DRV is used to coordinate governance, liquidity incentives, and ecosystem growth. Derive enables traders, market makers, and builders to create and access advanced financial products onchain - from yield strategies and hedging tools to leveraged speculation across digital assets.
Conversion tables
DAI to DRV values from Today at 4:17 am
0.5 DAI = 4.31 DRV |
1 DAI = 8.62 DRV |
5 DAI = 43.12 DRV |
10 DAI = 86.25 DRV |
50 DAI = 431.25 DRV |
100 DAI = 862.50 DRV |
500 DAI = 4,312.50 DRV |
1,000 DAI = 8,625.00 DRV |
DRV to DAI values from Today at 4:18 am
0.5 DRV = 0.05797 DAI |
1 DRV = 0.1159 DAI |
5 DRV = 0.5797 DAI |
10 DRV = 1.16 DAI |
50 DRV = 5.80 DAI |
100 DRV = 11.59 DAI |
500 DRV = 57.97 DAI |
1,000 DRV = 115.94 DAI |
DAI to DRV over time
DAI | Today | 24H 4.73% | 1M -34.90% | 1Y -26.98% |
|---|---|---|---|---|
0.5 DAI | 4.31 DRV | 4.11 DRV | 5.82 DRV | 5.48 DRV |
1 DAI | 8.62 DRV | 8.22 DRV | 11.64 DRV | 10.95 DRV |
5 DAI | 43.12 DRV | 41.09 DRV | 58.18 DRV | 54.76 DRV |
10 DAI | 86.25 DRV | 82.17 DRV | 116.35 DRV | 109.52 DRV |
50 DAI | 431.25 DRV | 410.86 DRV | 581.75 DRV | 547.61 DRV |
100 DAI | 862.50 DRV | 821.72 DRV | 1,163.51 DRV | 1,095.22 DRV |
500 DAI | 4,312.50 DRV | 4,108.59 DRV | 5,817.54 DRV | 5,476.12 DRV |
1,000 DAI | 8,625.00 DRV | 8,217.18 DRV | 11,635.08 DRV | 10,952.23 DRV |
Frequently asked questions
Right now, 1 Dai is worth about CA$1.41.
Based on the current rate, you could get 0.7108 DAI for 1 CAD.
Dai price has been declining. Since yesterday, the exchange rate of Dai has decreased. Since last month, the exchange rate of Dai has increased. Since this time last year, the price of Dai has decreased.
You can use our DAI to CAD calculator at the top of this page to convert any amount of DAI to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 3.55 DAI. Inversely, 5 DAI will cost about CA$7.03
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 Canton, Bitcoin Cash, and Cardano. 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.