About MATIC and DAI
Polygon is climbing, while Dai is falling this week. The current MATIC to DAI conversion rate is 0.09614. Inversely, this means that if you convert 1 DAI you will get 10.40 MATIC. The conversion rate of MATIC/DAI has decreased by 0.49% in the last hour (DAI/MATIC increased by 0.49%). In the last 24 hours, MATIC/DAI grew by 4.75%, while DAI/MATIC shrunk by the same amount.
The exchange rate of Polygon is increasing. The current value of 1 MATIC is 0.09614 DAI. In other words, to buy 5 Polygon, it would cost you 0.4807 DAI. Inversely, 1 DAI would allow you to trade for 10.40 MATIC while 50 DAI would convert to 520.08 MATIC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.98%. Meanwhile, in the last 24 hours, the rate has changed by 3.98%, which means that the highest exchange rate of 1 MATIC to DAI was 0.09834 DAI and the lowest 24 hour value was 1 MATIC for 0.09137 DAI. Last month, 1 MATIC was worth 0.07587 DAI. Today, it's up 21.08%. Looking back a year, Polygon has changed by 0.2727 DAI. That means that in a single year, the value of Polygon has shrank by 183.64%.
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.
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
MATIC to DAI values from Today at 3:18 pm
0.5 MATIC = 0.04807 DAI |
1 MATIC = 0.09614 DAI |
5 MATIC = 0.4807 DAI |
10 MATIC = 0.9614 DAI |
50 MATIC = 4.81 DAI |
100 MATIC = 9.61 DAI |
500 MATIC = 48.07 DAI |
1,000 MATIC = 96.14 DAI |
DAI to MATIC values from Today at 3:16 pm
0.5 DAI = 5.20 MATIC |
1 DAI = 10.40 MATIC |
5 DAI = 52.01 MATIC |
10 DAI = 104.02 MATIC |
50 DAI = 520.08 MATIC |
100 DAI = 1,040.15 MATIC |
500 DAI = 5,200.76 MATIC |
1,000 DAI = 10,401.51 MATIC |
MATIC to DAI over time
MATIC | Today | 24H 3.98% | 1M 21.08% | 1Y -183.64% |
|---|---|---|---|---|
0.5 MATIC | 0.04807 DAI | 0.04616 DAI | 0.03793 DAI | 0.1363 DAI |
1 MATIC | 0.09614 DAI | 0.09231 DAI | 0.07587 DAI | 0.2727 DAI |
5 MATIC | 0.4807 DAI | 0.4616 DAI | 0.3793 DAI | 1.36 DAI |
10 MATIC | 0.9614 DAI | 0.9231 DAI | 0.7587 DAI | 2.73 DAI |
50 MATIC | 4.81 DAI | 4.62 DAI | 3.79 DAI | 13.63 DAI |
100 MATIC | 9.61 DAI | 9.23 DAI | 7.59 DAI | 27.27 DAI |
500 MATIC | 48.07 DAI | 46.16 DAI | 37.93 DAI | 136.35 DAI |
1,000 MATIC | 96.14 DAI | 92.31 DAI | 75.87 DAI | 272.69 DAI |
Frequently asked questions
Right now, 1 Polygon is worth about CA$0.1334.
Based on the current rate, you could get 7.50 MATIC for 1 CAD.
Polygon price has been on the rise. Since yesterday, the exchange rate of Polygon has increased. Since last month, the exchange rate of Polygon has increased. Since this time last year, the price of Polygon has decreased.
You can use our MATIC to CAD calculator at the top of this page to convert any amount of MATIC to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 37.48 MATIC. Inversely, 5 MATIC will cost about CA$0.667
Polygon is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Polygon.
There are a number of crypto assets that have the a similar or comparable market cap to Polygon, including Bitcoin Dollar, Rhubarb, and Accrued. For a more robust list of assets to explore, jump to the asset page dedicated to Polygon.
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