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About DAI and UMA
Dai is falling, while UMA is climbing this week. The current DAI to UMA conversion rate is 2.44. Inversely, this means that if you convert 1 UMA you will get 0.4095 DAI. The conversion rate of DAI/UMA has decreased by 0.59% in the last hour (UMA/DAI increased by 0.59%). In the last 24 hours, DAI/UMA shrunk by 1.83%, while UMA/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 2.44 UMA. In other words, to buy 5 Dai, it would cost you 12.21 UMA. Inversely, 1 UMA would allow you to trade for 0.4095 DAI while 50 UMA would convert to 20.47 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.98%. Meanwhile, in the last 24 hours, the rate has changed by 1.51%, and that the highest exchange rate of 1 DAI to UMA was 2.52 UMA and the lowest 24 hour value was 1 DAI for 2.34 UMA. Last month, 1 DAI was worth 2.55 UMA. Today, it's down 4.27%. Looking back a year, Dai has changed by 0.7956 UMA. That means that in a single year, the value of Dai has grown by 67.42%.
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.
UMA Market Stats
UMA is an Ethereum token that describes itself as “an open-source protocol that allows developers to design and create their own financial contracts and synthetic assets.” The protocol’s name comes from the team’s goal of creating universal market access (UMA).
Conversion tables
DAI to UMA values from Today at 11:45 am
0.5 DAI = 1.22 UMA |
1 DAI = 2.44 UMA |
5 DAI = 12.21 UMA |
10 DAI = 24.42 UMA |
50 DAI = 122.11 UMA |
100 DAI = 244.22 UMA |
500 DAI = 1,221.10 UMA |
1,000 DAI = 2,442.21 UMA |
UMA to DAI values from Today at 11:34 am
0.5 UMA = 0.2047 DAI |
1 UMA = 0.4095 DAI |
5 UMA = 2.05 DAI |
10 UMA = 4.09 DAI |
50 UMA = 20.47 DAI |
100 UMA = 40.95 DAI |
500 UMA = 204.73 DAI |
1,000 UMA = 409.47 DAI |
DAI to UMA over time
DAI | Today | 24H -1.51% | 1M -4.27% | 1Y 67.42% |
|---|---|---|---|---|
0.5 DAI | 1.22 UMA | 1.24 UMA | 1.27 UMA | 0.3978 UMA |
1 DAI | 2.44 UMA | 2.48 UMA | 2.55 UMA | 0.7956 UMA |
5 DAI | 12.21 UMA | 12.40 UMA | 12.73 UMA | 3.98 UMA |
10 DAI | 24.42 UMA | 24.79 UMA | 25.47 UMA | 7.96 UMA |
50 DAI | 122.11 UMA | 123.96 UMA | 127.33 UMA | 39.78 UMA |
100 DAI | 244.22 UMA | 247.92 UMA | 254.66 UMA | 79.56 UMA |
500 DAI | 1,221.10 UMA | 1,239.59 UMA | 1,273.28 UMA | 397.81 UMA |
1,000 DAI | 2,442.21 UMA | 2,479.18 UMA | 2,546.56 UMA | 795.62 UMA |
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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.