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DAI to CAD Live Price Converter

DAI to CAD Calculator

1 CAD0.74 DAI
DAI
DAI
Dai
$ 1.35
-0.03 %
Today’s best price

Dai, the native digital currency of a decentralized network, made its dynamic debut on the Ethereum blockchain network towards the end of 2017. What sets Dai apart is its unique mechanism for maintaining its peg to the US dollar, making it a standout stablecoin in the crypto universe.

This innovative DAI-USD peg relies on a complex network of smart contracts and ecosystem participants. Dai’s regulation and maintenance are overseen by a governance system implemented by MakerDAO, with the MKR token playing a key role in governance.

Dai has evolved over time, with two versions coming into play: Single-Collateral Dai (SAI) and Multi-Collateral Dai (MCD). SAI, backed solely by Ethereum, had a fixed stability fee and utilized automatic liquidation. On the other hand, MCD, the advanced version, can be backed by various types of collateral, offers a flexible stability fee, and employs a keeper system for liquidation. SAI has since been retired and replaced by MCD, with SAI holders having migrated to MCD.

However, Dai’s journey hasn’t been without bumps. In February 2023, Dai’s depegging led to a staggering $3 billion loss for the protocol, sparking conversations about the need for a backup system. To avoid a repeat of such depegging incidents, MakerDAO is pondering the implementation of an emergency switch. This switch is designed to arm the protocol with the adaptability needed to navigate market fluctuations and ensure the stability of the Dai stablecoin.

Bookmark Bitsgap’s lightning-fast crypto converter and calculator now! Stay on top of the market with 24/7 live updates on the hottest crypto-to-fiat rates, including BTC, ETH, XRP to USD, EUR, GBP.

Real-time DAI Price Rates in CAD

DAI Price Information

ATH
$ 4.59
Market Cap
$ 7.3B
Price change (24h)
-0.03 %
Price change (7h)
+0.01 %
24h Volume
$ 121M
Max Supply
0

DAI Live Data

The current DAI price is $ 1.35, which is -0.03% change in the past 24 hours and 0.01% in the past 7 days. With a circulating supply of 0, DAI’s live market cap is $ 7.3B. The 24-hour trading volume is $ 121M.

The conversion rates are calculated using the Live DAI Price Index along with other digital asset price indices. The DAI/USD exchange rate is updated in real-time.

Follow Bitsgap’s crypto converter and calculator for 24/7 live updates of the exchange rates between crypto and fiat currencies, including BTC, ETH, XRP to USD, EUR, GBP.

DAI Supported Exchanges

ExchangePriceVolume
Bybit
Bybit
--
Kraken
Kraken
--
WhiteBit
WhiteBit
--
Crypto.com
Crypto.com
--
OKX
OKX
--
Kucoin
Kucoin
--
Poloniex
Poloniex
--
Bitget
Bitget
--
Bitfinex
Bitfinex
--
Binance US
Binance US
--
HitBTC
HitBTC
--
Gate.io
Gate.io
--
Binance
Binance
--
Coinbase
Coinbase
--
Gemini
Gemini
--

The exchange rate of Dai is decreasing.

The current value of 1 DAI is 1.35 CAD. Inversely, 1.00 CAD would allow you to trade for 0.74 DAI, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 0.01%. Meanwhile, in the last 24 hours, the rate has changed by -0.03%. This time last month, the value of 1 DAI was 1.36 CAD, which is a 0.29% increase from where it is now. Looking back a year, DAI has changed by -0.02 CAD.

DAI to CAD

AssetToday at 08:08 AM
0.5 DAI0.68 CAD
1 DAI1.35 CAD
5 DAI6.76 CAD
10 DAI13.52 CAD
50 DAI67.62 CAD
100 DAI135.25 CAD
500 DAI676.24 CAD
1000 DAI1 352.48 CAD

CAD to DAI

AssetToday at 08:08 AM
0.5 CAD0.37 DAI
1 CAD0.74 DAI
5 CAD3.7 DAI
10 CAD7.39 DAI
50 CAD36.97 DAI
100 CAD73.94 DAI
500 CAD369.69 DAI
1000 CAD739.38 DAI

Today vs. 24 hours ago

AssetToday at 08:08 AM24 hours ago24H Change
0.5 DAI$0.68$0.68
-0.03 %
1 DAI$1.35$1.35
-0.03 %
5 DAI$6.76$6.76
-0.03 %
10 DAI$13.52$13.53
-0.03 %
50 DAI$67.62$67.64
-0.03 %
100 DAI$135.25$135.28
-0.03 %
500 DAI$676.24$676.42
-0.03 %
1000 DAI$1 352.48$1 352.83
-0.03 %

Today vs. 1 month ago

AssetToday at 08:08 AM1 month ago1 month Change
0.5 DAI$0.68$0.68
-0.29 %
1 DAI$1.35$1.36
-0.29 %
5 DAI$6.76$6.78
-0.29 %
10 DAI$13.52$13.56
-0.29 %
50 DAI$67.62$67.82
-0.29 %
100 DAI$135.25$135.64
-0.29 %
500 DAI$676.24$678.21
-0.29 %
1000 DAI$1 352.48$1 356.41
-0.29 %

Today vs. 1 year ago

AssetToday at 08:08 AM1 year ago1 year Change
0.5 DAI$0.68$0.69
-1.41 %
1 DAI$1.35$1.37
-1.41 %
5 DAI$6.76$6.86
-1.41 %
10 DAI$13.52$13.72
-1.41 %
50 DAI$67.62$68.58
-1.41 %
100 DAI$135.25$137.16
-1.41 %
500 DAI$676.24$685.8
-1.41 %
1000 DAI$1 352.48$1 371.61
-1.41 %
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FAQ

What’s the Process for Minting New Dai Tokens?

The MakerDAO protocol can easily generate new Dai tokens thanks to its collateral-backed model. Users deposit collateral assets into Maker vaults and receive newly minted Dai tokens in return. This allows them to unlock liquidity while expanding Dai’s circulating supply.

Dai also incentivizes holders to stake their tokens through the Dai Saving Rate (DSR) protocol. This native MakerDAO smart contract enables users to lock up Dai and earn yield at the current DSR rate. Unlike other staking models, DSR offers flexibility with no minimum staking requirements and the ability to withdraw Dai at any time. Between vault collateralization and DSR staking, MakerDAO has created a dynamic system to expand Dai’s monetary base in a decentralized manner.

How Secure Is Bitsgap?

At Bitsgap, your security is our top priority. We go to incredible lengths to protect your hard-earned crypto and personal information. Here is a brief rundown of the measures we take to protect you: military-grade 2048-bit encryption to keep your data locked up tight, encrypted API keys with no access to funds or personal info, API locks to prevent the same API key from being used on more than one account, countertrade protection, IP whitelisting, and fingerprinting. We stay on the cutting edge of cybersecurity to keep your experience safe and smooth. Constant monitoring allows us to refine our security protocols and stop threats before they become a problem. All in all, our state-of-the-art security, 24/7 human support, and commitment to excellence ensure you feel safe managing your crypto funds with us.

What Is Bitsgap’s Demo Mode?

Once you sign up for Bitsgap, you’ll get an exclusive 7-day trial of our powerhouse PRO plan. See what trading on turbo feels like with 250 DCA bots, 25 GRID bots and every feature Bitsgap offers!

Not ready for the PRO plan yet? No problem. Bitsgap’s demo mode lets you learn the ropes at your own pace. Demo mode works for both spot trading and futures so you get a feel for how each market works. Moreover, it comes loaded with virtual funds so you can practice and master new strategies and tools. No real money required while you learn. Intrigued? Check it out for yourself.

What Are the Benefits of Bitsgap’s Affiliate Program?

Bitsgap’s affiliate program is your ticket to extra profit in crypto. It’s simple. Share your unique affiliate link and get paid 30% whenever someone signs up and becomes a paying Bitsgap customer. The more people you refer, the more you earn.

For starters, a 30% commission is one of the most generous affiliate commissions around, which blows away the typical 15-20% from other programs. The more referrals you attract, the more you make each month!

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