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About DAI and RAY
Dai is climbing, while Raydium is falling this week. The current DAI to RAY conversion rate is 0.9011. Inversely, this means that if you convert 1 RAY you will get 1.11 DAI. The conversion rate of DAI/RAY has decreased by 1.78% in the last hour (RAY/DAI increased by 1.78%). In the last 24 hours, DAI/RAY grew by 5.36%, while RAY/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 0.9011 RAY. In other words, to buy 5 Dai, it would cost you 4.5057 RAY. Inversely, 1 RAY would allow you to trade for 1.11 DAI while 50 RAY would convert to 55.48 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 35.78%. Meanwhile, in the last 24 hours, the rate has changed by 4.91%, and that the highest exchange rate of 1 DAI to RAY was 0.9411 RAY and the lowest 24 hour value was 1 DAI for 0.7994 RAY. Last month, 1 DAI was worth 1.55 RAY. Today, it's down 72.21%. Looking back a year, Dai has changed by 0.30 RAY. That means that in a single year, the value of Dai has grown by 66.71%.
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.
Raydium Market Stats
RAY is the native utility token for Raydium, an automated market maker (AMM) and decentralized exchange built on the Solana blockchain. Holders can stake RAY to earn a portion of protocol fees, participate in initial DEX offerings (IDOs), and vote on governance proposals regarding the platform’s development.
Conversion tables
DAI to RAY values from Today at 3:26 pm
0.5 DAI = 0.4506 RAY |
1 DAI = 0.9011 RAY |
5 DAI = 4.51 RAY |
10 DAI = 9.01 RAY |
50 DAI = 45.06 RAY |
100 DAI = 90.11 RAY |
500 DAI = 450.57 RAY |
1,000 DAI = 901.15 RAY |
RAY to DAI values from Today at 3:26 pm
0.5 RAY = 0.5548 DAI |
1 RAY = 1.11 DAI |
5 RAY = 5.55 DAI |
10 RAY = 11.10 DAI |
50 RAY = 55.48 DAI |
100 RAY = 110.97 DAI |
500 RAY = 554.85 DAI |
1,000 RAY = 1,109.69 DAI |
DAI to RAY over time
DAI | Today | 24H 4.91% | 1M -72.21% | 1Y 66.71% |
|---|---|---|---|---|
0.5 DAI | 0.4506 RAY | 0.4285 RAY | 0.7759 RAY | 0.15 RAY |
1 DAI | 0.9011 RAY | 0.8569 RAY | 1.55 RAY | 0.30 RAY |
5 DAI | 4.51 RAY | 4.28 RAY | 7.76 RAY | 1.50 RAY |
10 DAI | 9.01 RAY | 8.57 RAY | 15.52 RAY | 3.00 RAY |
50 DAI | 45.06 RAY | 42.85 RAY | 77.59 RAY | 15.00 RAY |
100 DAI | 90.11 RAY | 85.69 RAY | 155.18 RAY | 30.00 RAY |
500 DAI | 450.57 RAY | 428.46 RAY | 775.92 RAY | 149.98 RAY |
1,000 DAI | 901.15 RAY | 856.92 RAY | 1,551.84 RAY | 299.96 RAY |
Frequently asked questions
Right now, 1 Dai is worth about CA$1.38.
Based on the current rate, you could get 0.7267 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 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, Ethena USDe, and Stellar Lumens. 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.