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About ALT and DAI
Altlayer is falling, while Dai is climbing this week. The current ALT to DAI conversion rate is 0.005603. Inversely, this means that if you convert 1 DAI you will get 178.48 ALT. The conversion rate of ALT/DAI has decreased by 0.18% in the last hour (DAI/ALT increased by 0.19%). In the last 24 hours, ALT/DAI shrunk by 5.53%, while DAI/ALT grew by 5.85%.
The exchange rate of Altlayer is decreasing. The current value of 1 ALT is 0.005603 DAI. In other words, to buy 5 Altlayer, it would cost you 0.028014 DAI. Inversely, 1 DAI would allow you to trade for 178.48 ALT while 50 DAI would convert to 8,924.13 ALT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 18.87%. Meanwhile, in the last 24 hours, the rate has changed by 5.04%, and that the highest exchange rate of 1 ALT to DAI was 0.005957 DAI and the lowest 24 hour value was 1 ALT for 0.005567 DAI. Last month, 1 ALT was worth 0.008029 DAI. Today, it's down 30.22%. Looking back a year, Altlayer has changed by 0.02268 DAI. That means that in a single year, the value of Altlayer has shrank by 75.3%.
Altlayer Market Stats
AltLayer is an open and decentralised protocol for rollups that brings together the novel idea of a Restaked rollup, which takes existing rollups and provides them with enhanced security, decentralization, interoperability and crypto-economic fast finality. ALT is AltLayer’s native utility token and can be used for governance, protocol fee payments, economic bonding, and protocol incentivization.
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
ALT to DAI values from Today at 10:00 am
0.5 ALT = 0.002801 DAI |
1 ALT = 0.005603 DAI |
5 ALT = 0.02801 DAI |
10 ALT = 0.05603 DAI |
50 ALT = 0.2801 DAI |
100 ALT = 0.5603 DAI |
500 ALT = 2.80 DAI |
1,000 ALT = 5.60 DAI |
DAI to ALT values from Today at 10:00 am
0.5 DAI = 89.24 ALT |
1 DAI = 178.48 ALT |
5 DAI = 892.41 ALT |
10 DAI = 1,784.83 ALT |
50 DAI = 8,924.13 ALT |
100 DAI = 17,848.26 ALT |
500 DAI = 89,241.31 ALT |
1,000 DAI = 178,482.62 ALT |
ALT to DAI over time
ALT | Today | 24H -5.31% | 1M -43.30% | 1Y -304.89% |
|---|---|---|---|---|
0.5 ALT | 0.002801 DAI | 0.00295 DAI | 0.004014 DAI | 0.01134 DAI |
1 ALT | 0.005603 DAI | 0.0059 DAI | 0.008029 DAI | 0.02268 DAI |
5 ALT | 0.02801 DAI | 0.0295 DAI | 0.04014 DAI | 0.1134 DAI |
10 ALT | 0.05603 DAI | 0.059 DAI | 0.08029 DAI | 0.2268 DAI |
50 ALT | 0.2801 DAI | 0.295 DAI | 0.4014 DAI | 1.13 DAI |
100 ALT | 0.5603 DAI | 0.59 DAI | 0.8029 DAI | 2.27 DAI |
500 ALT | 2.80 DAI | 2.95 DAI | 4.01 DAI | 11.34 DAI |
1,000 ALT | 5.60 DAI | 5.90 DAI | 8.03 DAI | 22.68 DAI |
Frequently asked questions
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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.