About DAI and MATIC
Dai is falling, while Polygon is climbing this week. The current DAI to MATIC conversion rate is 11.10. Inversely, this means that if you convert 1 MATIC you will get 0.0901 DAI. The conversion rate of DAI/MATIC has decreased by 0.41% in the last hour (MATIC/DAI increased by 0.41%). In the last 24 hours, DAI/MATIC shrunk by 9.1%, while MATIC/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 11.10 MATIC. In other words, to buy 5 Dai, it would cost you 55.49 MATIC. Inversely, 1 MATIC would allow you to trade for 0.0901 DAI while 50 MATIC would convert to 4.51 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 21.22%. Meanwhile, in the last 24 hours, the rate has changed by 9.69%, and that the highest exchange rate of 1 DAI to MATIC was 12.54 MATIC and the lowest 24 hour value was 1 DAI for 10.76 MATIC. Last month, 1 DAI was worth 12.42 MATIC. Today, it's down 11.92%. Looking back a year, Dai has changed by 4.10 MATIC. That means that in a single year, the value of Dai has grown by 63.08%.
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 3:39 pm
0.5 DAI = 5.55 MATIC |
1 DAI = 11.10 MATIC |
5 DAI = 55.49 MATIC |
10 DAI = 110.99 MATIC |
50 DAI = 554.93 MATIC |
100 DAI = 1,109.87 MATIC |
500 DAI = 5,549.33 MATIC |
1,000 DAI = 11,098.67 MATIC |
MATIC to DAI values from Today at 3:40 pm
0.5 MATIC = 0.04505 DAI |
1 MATIC = 0.0901 DAI |
5 MATIC = 0.4505 DAI |
10 MATIC = 0.901 DAI |
50 MATIC = 4.51 DAI |
100 MATIC = 9.01 DAI |
500 MATIC = 45.05 DAI |
1,000 MATIC = 90.10 DAI |
DAI to MATIC over time
DAI | Today | 24H -9.69% | 1M -11.92% | 1Y 63.08% |
|---|---|---|---|---|
0.5 DAI | 5.55 MATIC | 6.09 MATIC | 6.21 MATIC | 2.05 MATIC |
1 DAI | 11.10 MATIC | 12.17 MATIC | 12.42 MATIC | 4.10 MATIC |
5 DAI | 55.49 MATIC | 60.87 MATIC | 62.11 MATIC | 20.49 MATIC |
10 DAI | 110.99 MATIC | 121.74 MATIC | 124.21 MATIC | 40.98 MATIC |
50 DAI | 554.93 MATIC | 608.71 MATIC | 621.06 MATIC | 204.91 MATIC |
100 DAI | 1,109.87 MATIC | 1,217.42 MATIC | 1,242.12 MATIC | 409.82 MATIC |
500 DAI | 5,549.33 MATIC | 6,087.11 MATIC | 6,210.59 MATIC | 2,049.08 MATIC |
1,000 DAI | 11,098.67 MATIC | 12,174.22 MATIC | 12,421.17 MATIC | 4,098.16 MATIC |
Frequently asked questions
Right now, 1 Dai is worth about CA$1.38.
Based on the current rate, you could get 0.7263 DAI for 1 CAD.
Dai price has been on the rise. Since yesterday, the exchange rate of Dai has increased. Since last month, the exchange rate of Dai has decreased. 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 3.63 DAI. Inversely, 5 DAI will cost about CA$6.88
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 Bitcoin Cash, Canton, and Stellar Lumens. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
Related conversions
Popular cryptocurrencies
Popular prediction markets
Discover other cryptocurrencies to currency conversions
Discover other cryptocurrency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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.