Bitsgap logo
Converter / DAI
More coins

DAI to ETH Live Price Converter

DAI to ETH Calculator

1 ETH3 208.87 DAI
DAI
DAI
Dai
Ξ 0.000312
-0.01 %
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 ETH

DAI Price Information

ATH
Ξ 0.00083
Market Cap
Ξ 1.6M
Price change (24h)
-0.01 %
Price change (7h)
-0.04 %
24h Volume
Ξ 54K
Max Supply
0

DAI Live Data

The current DAI price is Ξ 0.000312, which is -0.01% change in the past 24 hours and -0.04% in the past 7 days. DAI’s live market cap is Ξ 1.6M. The 24-hour trading volume is Ξ 54K.

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
--
BitMart
BitMart
--
Gemini
Gemini
--

The exchange rate of Dai is decreasing.

The current value of 1 DAI is 0.000312 ETH. Inversely, 1.00 ETH would allow you to trade for 3 208.87 DAI, not including platform or gas fees.

In the last 7 days, the exchange rate has decreased by -0.04%. Meanwhile, in the last 24 hours, the rate has changed by -0.01%. This time last month, the value of 1 DAI was 0.000325 ETH, which is a 4.14% increase from where it is now. Looking back a year, DAI has changed by -0.000148 ETH.

DAI to ETH

AssetToday at 10:57 AM
0.5 DAI0.000156 ETH
1 DAI0.000312 ETH
5 DAI0.001558 ETH
10 DAI0.003116 ETH
50 DAI0.015582 ETH
100 DAI0.031164 ETH
500 DAI0.155818 ETH
1000 DAI0.311636 ETH

ETH to DAI

AssetToday at 10:57 AM
0.5 ETH1 604.43 DAI
1 ETH3 208.87 DAI
5 ETH16 044.34 DAI
10 ETH32 088.69 DAI
50 ETH160 443.43 DAI
100 ETH320 886.86 DAI
500 ETH1 604 434.31 DAI
1000 ETH3 208 868.61 DAI

Today vs. 24 hours ago

AssetToday at 10:57 AM24 hours ago24H Change
0.5 DAIΞ0.000156Ξ0.000156
-0.01 %
1 DAIΞ0.000312Ξ0.000312
-0.01 %
5 DAIΞ0.001558Ξ0.001558
-0.01 %
10 DAIΞ0.003116Ξ0.003117
-0.01 %
50 DAIΞ0.015582Ξ0.015583
-0.01 %
100 DAIΞ0.031164Ξ0.031166
-0.01 %
500 DAIΞ0.155818Ξ0.155831
-0.01 %
1000 DAIΞ0.311636Ξ0.311663
-0.01 %

Today vs. 1 month ago

AssetToday at 10:57 AM1 month ago1 month Change
0.5 DAIΞ0.000156Ξ0.000162
-4.14 %
1 DAIΞ0.000312Ξ0.000325
-4.14 %
5 DAIΞ0.001558Ξ0.001623
-4.14 %
10 DAIΞ0.003116Ξ0.003245
-4.14 %
50 DAIΞ0.015582Ξ0.016226
-4.14 %
100 DAIΞ0.031164Ξ0.032453
-4.14 %
500 DAIΞ0.155818Ξ0.162263
-4.14 %
1000 DAIΞ0.311636Ξ0.324525
-4.14 %

Today vs. 1 year ago

AssetToday at 10:57 AM1 year ago1 year Change
0.5 DAIΞ0.000156Ξ0.00023
-47.48 %
1 DAIΞ0.000312Ξ0.00046
-47.48 %
5 DAIΞ0.001558Ξ0.002298
-47.48 %
10 DAIΞ0.003116Ξ0.004596
-47.48 %
50 DAIΞ0.015582Ξ0.02298
-47.48 %
100 DAIΞ0.031164Ξ0.04596
-47.48 %
500 DAIΞ0.155818Ξ0.229801
-47.48 %
1000 DAIΞ0.311636Ξ0.459601
-47.48 %
Start to profit DAI
with powerful
Crypto
Trading Bots
All your data is secured with high-end encryption

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.

What Is Bitsgap’s GRID Bot?

Bitsgap’s GRID bot is an advanced automated trading tool that employs the GRID trading strategy. By breaking down your specified price range into multiple levels, the GRID bot creates a dynamic grid filled with pending limit buy and sell orders. This unique approach ensures continuous profit generation by buying low and selling high, regardless of which direction the price moves. However, for the best returns, use GRID in the swing market, where prices oscillate within a horizontal range. The GRID bot’s flexibility means it creates a new order for each fulfilled one, maintaining a seamless flow of opportunities. You can also take advantage of the trailing features, allowing the grid to extend downward or follow the market upward, ensuring consistent returns.

So, what are you waiting for? Sign up for Bitsgap today to enjoy your seven-day free trial and test the cutting-edge GRID bot!

What Is Bitsgap’s DCA Bot?

Bitsgap’s DCA bot is an innovative automated trading tool that follows the Dollar Cost Averaging (DCA) trading strategy. This remarkably useful bot works by distributing your investment across regular purchases or sales, depending on your position (Long or Short), thereby cushioning your capital from the unpredictable nature of market volatility. Bitsgap’s DCA is smart enough to track up to six indicators, ensuring that each trade occurs at the most advantageous moment. This boosts your potential to reap impressive returns from your trading ventures.

By the way, if you sign up for Bitsgap today, you’ll be treated to a seven-day free trial of the PRO plan. This golden opportunity allows you to test-drive the DCA bot, along with other exceptional bots from Bitsgap, at no cost. Don’t miss your chance to harness the power of Bitsgap’s DCA bot and transform your trading experience!

What Is Bitsgap’s COMBO Bot?

Bitsgap’s COMBO bot is an ingenious automated trading solution designed specifically for trading futures. This remarkable bot is engineered to capitalize on both rising and falling markets, and thanks to its leverage capabilities, it can do so at lightning speed—1000% faster!

By harnessing the combined power of the GRID and DCA trading strategies, the COMBO bot masterfully replaces levels with built-in trailing, executing trades with precision on every market movement in both directions.

If you’re eager to dive in and start reaping the rewards of trading futures with the COMBO bot, subscribe to Bitsgap now! But before you begin, make sure to familiarize yourself with the intricacies of the futures market and the associated trading risks.