About DAI and WMC
Dai is falling, while Wrapped MistCoin is climbing this week. The current DAI to WMC conversion rate is 0.5544. Inversely, this means that if you convert 1 WMC you will get 1.80 DAI. The conversion rate of DAI/WMC has decreased by 0.04% in the last hour (WMC/DAI increased by 0.04%). In the last 24 hours, DAI/WMC shrunk by 2.56%, while WMC/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 0.5544 WMC. In other words, to buy 5 Dai, it would cost you 2.772 WMC. Inversely, 1 WMC would allow you to trade for 1.80 DAI while 50 WMC would convert to 90.19 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.5%. Meanwhile, in the last 24 hours, the rate has changed by 2.6%, which means that the highest exchange rate of 1 DAI to WMC was 0.5734 WMC and the lowest 24 hour value was 1 DAI for 0.5547 WMC. Last month, 1 DAI was worth 0.6912 WMC. Today, it's down 24.69%. Looking back a year, Dai has changed by 0.1175 WMC. That means that in a single year, the value of Dai has grown by 78.81%.
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.
Wrapped MistCoin Market Stats
MistCoin is the prototype or manuscript for ERC-20. Its launch on November 3rd, 2015, coincided with the introduction of a custom token system for the Ethereum Mist Wallet. Ethereum pioneers Fabian Vogelsteller and Alex Van de Sande both lead the project. Following the release of MistCoin, hundreds of token contracts with the same exact code were deployed. Leading to the creation of the ERC-20 standard, designed and proposed by Fabian. In essence, MistCoin is the origin of every ERC-20 token. Wrapped MistCoin (WMC) was created to enable the seamless trading and use of MistCoin(MC) in a manner consistent with standard cryptocurrency protocols. This approach aligns with the conventional method applied when dealing with historical assets on Ethereum. Notably, other well-established digital assets, such as CryptoPunks, CryptoKitties, Etheria Tiles, among others, have undergone a very similar wrapping process to facilitate modern day use. WMC/MC can be freely Unwrapped and Wrapped, 1:1, by anyone at anytime.
Conversion tables
DAI to WMC values from Today at 8:48 pm
0.5 DAI = 0.2772 WMC |
1 DAI = 0.5544 WMC |
5 DAI = 2.77 WMC |
10 DAI = 5.54 WMC |
50 DAI = 27.72 WMC |
100 DAI = 55.44 WMC |
500 DAI = 277.20 WMC |
1,000 DAI = 554.39 WMC |
WMC to DAI values from Today at 8:47 pm
0.5 WMC = 0.9019 DAI |
1 WMC = 1.80 DAI |
5 WMC = 9.02 DAI |
10 WMC = 18.04 DAI |
50 WMC = 90.19 DAI |
100 WMC = 180.38 DAI |
500 WMC = 901.89 DAI |
1,000 WMC = 1,803.78 DAI |
DAI to WMC over time
DAI | Today | 24H -2.60% | 1M -24.69% | 1Y 78.81% |
|---|---|---|---|---|
0.5 DAI | 0.2772 WMC | 0.2844 WMC | 0.3456 WMC | 0.05875 WMC |
1 DAI | 0.5544 WMC | 0.5688 WMC | 0.6912 WMC | 0.1175 WMC |
5 DAI | 2.77 WMC | 2.84 WMC | 3.46 WMC | 0.5875 WMC |
10 DAI | 5.54 WMC | 5.69 WMC | 6.91 WMC | 1.17 WMC |
50 DAI | 27.72 WMC | 28.44 WMC | 34.56 WMC | 5.87 WMC |
100 DAI | 55.44 WMC | 56.88 WMC | 69.12 WMC | 11.75 WMC |
500 DAI | 277.20 WMC | 284.41 WMC | 345.62 WMC | 58.75 WMC |
1,000 DAI | 554.39 WMC | 568.83 WMC | 691.25 WMC | 117.49 WMC |
Frequently asked questions
Right now, 1 Dai is worth about €0.8655.
Based on the current rate, you could get 1.16 DAI for 1 EUR.
Dai price has been on the rise. Since yesterday, the exchange rate of Dai has increased. 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 EUR calculator at the top of this page to convert any amount of DAI to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 5.78 DAI. Inversely, 5 DAI will cost about €4.33
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 Chainlink. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
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