About MATIC and DAI
Polygon is falling, while Dai is climbing this week. The current MATIC to DAI conversion rate is 0.08731. Inversely, this means that if you convert 1 DAI you will get 11.45 MATIC. The conversion rate of MATIC/DAI has decreased by 0.02% in the last hour (DAI/MATIC increased by 0.02%). In the last 24 hours, MATIC/DAI shrunk by 1.62%, while DAI/MATIC grew by 1.65%.
The exchange rate of Polygon is decreasing. The current value of 1 MATIC is 0.08731 DAI. In other words, to buy 5 Polygon, it would cost you 0.43654 DAI. Inversely, 1 DAI would allow you to trade for 11.45 MATIC while 50 DAI would convert to 572.69 MATIC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.37%. Meanwhile, in the last 24 hours, the rate has changed by 1.6%, and that the highest exchange rate of 1 MATIC to DAI was 0.09189 DAI and the lowest 24 hour value was 1 MATIC for 0.08718 DAI. Last month, 1 MATIC was worth 0.1007 DAI. Today, it's down 13.3%. Looking back a year, Polygon has changed by 0.1712 DAI. That means that in a single year, the value of Polygon has shrank by 49.02%.
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 11:51 am
0.5 MATIC = 0.04365 DAI |
1 MATIC = 0.08731 DAI |
5 MATIC = 0.4365 DAI |
10 MATIC = 0.8731 DAI |
50 MATIC = 4.37 DAI |
100 MATIC = 8.73 DAI |
500 MATIC = 43.65 DAI |
1,000 MATIC = 87.31 DAI |
DAI to MATIC values from Today at 11:50 am
0.5 DAI = 5.73 MATIC |
1 DAI = 11.45 MATIC |
5 DAI = 57.27 MATIC |
10 DAI = 114.54 MATIC |
50 DAI = 572.69 MATIC |
100 DAI = 1,145.38 MATIC |
500 DAI = 5,726.90 MATIC |
1,000 DAI = 11,453.80 MATIC |
MATIC to DAI over time
MATIC | Today | 24H -1.62% | 1M -15.34% | 1Y -96.14% |
|---|---|---|---|---|
0.5 MATIC | 0.04365 DAI | 0.04436 DAI | 0.05035 DAI | 0.08562 DAI |
1 MATIC | 0.08731 DAI | 0.08873 DAI | 0.1007 DAI | 0.1712 DAI |
5 MATIC | 0.4365 DAI | 0.4436 DAI | 0.5035 DAI | 0.8562 DAI |
10 MATIC | 0.8731 DAI | 0.8873 DAI | 1.01 DAI | 1.71 DAI |
50 MATIC | 4.37 DAI | 4.44 DAI | 5.04 DAI | 8.56 DAI |
100 MATIC | 8.73 DAI | 8.87 DAI | 10.07 DAI | 17.12 DAI |
500 MATIC | 43.65 DAI | 44.36 DAI | 50.35 DAI | 85.62 DAI |
1,000 MATIC | 87.31 DAI | 88.73 DAI | 100.70 DAI | 171.24 DAI |
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