About MATIC and DAI
Polygon is climbing, while Dai is falling this week. The current MATIC to DAI conversion rate is 0.1114. Inversely, this means that if you convert 1 DAI you will get 8.98 MATIC. The conversion rate of MATIC/DAI has increased by 0.09% in the last hour (DAI/MATIC decreased by 0.09%). In the last 24 hours, MATIC/DAI grew by 4.1%, while DAI/MATIC shrunk by the same amount.
The exchange rate of Polygon is increasing. The current value of 1 MATIC is 0.1114 DAI. In other words, to buy 5 Polygon, it would cost you 0.5569 DAI. Inversely, 1 DAI would allow you to trade for 8.98 MATIC while 50 DAI would convert to 448.88 MATIC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 12.88%. Meanwhile, in the last 24 hours, the rate has changed by 2.92%, which means that the highest exchange rate of 1 MATIC to DAI was 0.1147 DAI and the lowest 24 hour value was 1 MATIC for 0.1059 DAI. Last month, 1 MATIC was worth 0.09543 DAI. Today, it's up 14.33%. Looking back a year, Polygon has changed by 0.2252 DAI. That means that in a single year, the value of Polygon has shrank by 102.21%.
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 12:56 am
0.5 MATIC = 0.05569 DAI |
1 MATIC = 0.1114 DAI |
5 MATIC = 0.5569 DAI |
10 MATIC = 1.11 DAI |
50 MATIC = 5.57 DAI |
100 MATIC = 11.14 DAI |
500 MATIC = 55.69 DAI |
1,000 MATIC = 111.39 DAI |
DAI to MATIC values from Today at 12:55 am
0.5 DAI = 4.49 MATIC |
1 DAI = 8.98 MATIC |
5 DAI = 44.89 MATIC |
10 DAI = 89.78 MATIC |
50 DAI = 448.88 MATIC |
100 DAI = 897.76 MATIC |
500 DAI = 4,488.81 MATIC |
1,000 DAI = 8,977.63 MATIC |
MATIC to DAI over time
MATIC | Today | 24H 2.92% | 1M 14.33% | 1Y -102.21% |
|---|---|---|---|---|
0.5 MATIC | 0.05569 DAI | 0.05407 DAI | 0.04772 DAI | 0.1126 DAI |
1 MATIC | 0.1114 DAI | 0.1081 DAI | 0.09543 DAI | 0.2252 DAI |
5 MATIC | 0.5569 DAI | 0.5407 DAI | 0.4772 DAI | 1.13 DAI |
10 MATIC | 1.11 DAI | 1.08 DAI | 0.9543 DAI | 2.25 DAI |
50 MATIC | 5.57 DAI | 5.41 DAI | 4.77 DAI | 11.26 DAI |
100 MATIC | 11.14 DAI | 10.81 DAI | 9.54 DAI | 22.52 DAI |
500 MATIC | 55.69 DAI | 54.07 DAI | 47.72 DAI | 112.62 DAI |
1,000 MATIC | 111.39 DAI | 108.14 DAI | 95.43 DAI | 225.23 DAI |
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