About DAI and OPEN
Dai is falling, while OpenLedger is climbing this week. The current DAI to OPEN conversion rate is 6.23. Inversely, this means that if you convert 1 OPEN you will get 0.1604 DAI. The conversion rate of DAI/OPEN has increased by 0.43% in the last hour (OPEN/DAI decreased by 0.43%). In the last 24 hours, DAI/OPEN shrunk by 0.56%, while OPEN/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 6.23 OPEN. In other words, to buy 5 Dai, it would cost you 31.17 OPEN. Inversely, 1 OPEN would allow you to trade for 0.1604 DAI while 50 OPEN would convert to 8.02 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 14.66%. Meanwhile, in the last 24 hours, the rate has changed by 0.37%, which means that the highest exchange rate of 1 DAI to OPEN was 6.38 OPEN and the lowest 24 hour value was 1 DAI for 6.17 OPEN. Last month, 1 DAI was worth 6.29 OPEN. Today, it's down 0.96%. Looking back a year, Dai has changed by 0.1914 OPEN. That means that in a single year, the value of Dai has grown by 96.93%.
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.
OpenLedger Market Stats
Conversion tables
DAI to OPEN values from Today at 6:03 pm
0.5 DAI = 3.12 OPEN |
1 DAI = 6.23 OPEN |
5 DAI = 31.17 OPEN |
10 DAI = 62.35 OPEN |
50 DAI = 311.75 OPEN |
100 DAI = 623.49 OPEN |
500 DAI = 3,117.46 OPEN |
1,000 DAI = 6,234.92 OPEN |
OPEN to DAI values from Today at 6:03 pm
0.5 OPEN = 0.08019 DAI |
1 OPEN = 0.1604 DAI |
5 OPEN = 0.8019 DAI |
10 OPEN = 1.60 DAI |
50 OPEN = 8.02 DAI |
100 OPEN = 16.04 DAI |
500 OPEN = 80.19 DAI |
1,000 OPEN = 160.39 DAI |
DAI to OPEN over time
DAI | Today | 24H -0.37% | 1M -0.96% | 1Y 96.93% |
|---|---|---|---|---|
0.5 DAI | 3.12 OPEN | 3.13 OPEN | 3.15 OPEN | 0.09568 OPEN |
1 DAI | 6.23 OPEN | 6.26 OPEN | 6.29 OPEN | 0.1914 OPEN |
5 DAI | 31.17 OPEN | 31.29 OPEN | 31.47 OPEN | 0.9568 OPEN |
10 DAI | 62.35 OPEN | 62.58 OPEN | 62.95 OPEN | 1.91 OPEN |
50 DAI | 311.75 OPEN | 312.91 OPEN | 314.73 OPEN | 9.57 OPEN |
100 DAI | 623.49 OPEN | 625.81 OPEN | 629.46 OPEN | 19.14 OPEN |
500 DAI | 3,117.46 OPEN | 3,129.07 OPEN | 3,147.28 OPEN | 95.68 OPEN |
1,000 DAI | 6,234.92 OPEN | 6,258.15 OPEN | 6,294.57 OPEN | 191.35 OPEN |
Frequently asked questions
Right now, 1 Dai is worth about ₹95.70.
Based on the current rate, you could get 0.01045 DAI for 1 INR.
Dai price has been declining. Since yesterday, the exchange rate of Dai has decreased. Since last month, the exchange rate of Dai has increased. Since this time last year, the price of Dai has decreased.
You can use our DAI to INR calculator at the top of this page to convert any amount of DAI to INR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 INR is equivalent to 0.05224 DAI. Inversely, 5 DAI will cost about ₹478.52
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 Stellar Lumens, Bitcoin Cash, and Cardano. 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.