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DAI to GBP Live Price Converter

DAI to GBP Calculator

1 GBP1.31 DAI
DAI
DAI
Dai
£ 0.76
-0.00 %
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 GBP

DAI Price Information

ATH
£ 2.73
Market Cap
£ 4.1B
Price change (24h)
-0.00 %
Price change (7h)
-0.02 %
24h Volume
£ 69M
Max Supply
0

DAI Live Data

The current DAI price is £ 0.76, which is -0.00% change in the past 24 hours and -0.02% in the past 7 days. With a circulating supply of 0, DAI’s live market cap is £ 4.1B. The 24-hour trading volume is £ 69M.

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 0.76 GBP. Inversely, 1.00 GBP would allow you to trade for 1.31 DAI, not including platform or gas fees.

In the last 7 days, the exchange rate has decreased by -0.02%. Meanwhile, in the last 24 hours, the rate has changed by -0.00%. This time last month, the value of 1 DAI was 0.76 GBP, which is a 0.89% decrease from where it is now. Looking back a year, DAI has changed by -0.06 GBP.

DAI to GBP

AssetToday at 11:09 AM
0.5 DAI0.38 GBP
1 DAI0.76 GBP
5 DAI3.82 GBP
10 DAI7.64 GBP
50 DAI38.2 GBP
100 DAI76.39 GBP
500 DAI381.96 GBP
1000 DAI763.93 GBP

GBP to DAI

AssetToday at 11:09 AM
0.5 GBP0.65 DAI
1 GBP1.31 DAI
5 GBP6.55 DAI
10 GBP13.09 DAI
50 GBP65.45 DAI
100 GBP130.9 DAI
500 GBP654.51 DAI
1000 GBP1 309.02 DAI

Today vs. 24 hours ago

AssetToday at 11:09 AM24 hours ago24H Change
0.5 DAI£0.38£0.38
-0.00 %
1 DAI£0.76£0.76
-0.00 %
5 DAI£3.82£3.82
-0.00 %
10 DAI£7.64£7.64
-0.00 %
50 DAI£38.2£38.2
-0.00 %
100 DAI£76.39£76.39
-0.00 %
500 DAI£381.96£381.97
-0.00 %
1000 DAI£763.93£763.94
-0.00 %

Today vs. 1 month ago

AssetToday at 11:09 AM1 month ago1 month Change
0.5 DAI£0.38£0.38
+0.89 %
1 DAI£0.76£0.76
+0.89 %
5 DAI£3.82£3.79
+0.89 %
10 DAI£7.64£7.57
+0.89 %
50 DAI£38.2£37.86
+0.89 %
100 DAI£76.39£75.71
+0.89 %
500 DAI£381.96£378.56
+0.89 %
1000 DAI£763.93£757.12
+0.89 %

Today vs. 1 year ago

AssetToday at 11:09 AM1 year ago1 year Change
0.5 DAI£0.38£0.41
-8.00 %
1 DAI£0.76£0.83
-8.00 %
5 DAI£3.82£4.13
-8.00 %
10 DAI£7.64£8.25
-8.00 %
50 DAI£38.2£41.25
-8.00 %
100 DAI£76.39£82.51
-8.00 %
500 DAI£381.96£412.53
-8.00 %
1000 DAI£763.93£825.05
-8.00 %
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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.

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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.

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You don’t even need to trade yourself to earn with Bitsgap. As long as you have an audience and share your unique link, you can make bank as a Bitsgap affiliate. It’s the easiest way to earn crypto without risking your own money.

How Can I Make Money in Crypto?

Anyone can make money in crypto with the right knowledge and tools.

Here are a few suggestions to bank crypto profits.

Speculate! Crypto volatility means huge potential for gains. Short-term trading lets you ride price swings for profit and buy/sell before the market turns. With practice, you can master day trading crypto and earn decent returns in hours or days. Bitsgap connects you to 15+ exchanges, so you can find exciting opportunities to trade anywhere. Unleash automated bots. Trading bots let you automate powerful strategies 24/7. Bitsgap’s bots use algorithms to buy/sell based on market conditions, so you profit on autopilot. Why trade manually when bots can do it better nonstop?

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Go long-term. Day trading isn’t for everyone. Long-term “HODLing” lets you buy crypto assets you believe in and hold for months or years. Do your research, buy solid coins, hold through volatility, and sell when the price has multiplied many times over. Patience pays off big in crypto.

Why not give Bitsgap a try? Sign up today and access 15+ exchanges in one place, unleash automated trading bots for passive profits 24/7, use advanced tools to lock in gains and limit losses, HODL long-term or day trade like a pro. Whatever your style, Bitsgap is your launchpad to crypto riches.

Does Bitsgap Offer Any Technical Analysis Tools?

Sure! In fact, Bitsgap has forged an unbeatable alliance with TradingView, so you can have all the tech tools at your fingertips. This strategic partnership combines Bitsgap’s smart crypto trading automation with TradingView’s industry-leading charts and technical analysis. The result? A seamless trading experience that delivers everything you need to trade digital assets with speed, precision, and confidence.

Upon clicking on the [Trading] tab in the terminal, you’ll meet your first crypto adventure — a visually stunning charting interface overflowing with indicators and drawing tools, all neatly organized and fully customizable for your convenience.

For those who crave even more depth, Bitsgap has crafted the Technicals widget — a treasure trove of insights available at the bottom of the [Trading] tab. This incredible tool combines signals from an array of popular indicators and oscillators, streamlining your analysis process. Imagine a Fear and Greed index on steroids, and you’ve got the Technicals widget!

But wait, there’s more! Bitsgap offers a plethora of cutting-edge trading tools that many crypto exchanges simply can’t match. From smart orders like Scaled and TWAP to trading bots like GRID, DCA, and COMBO futures, you’ll have a wealth of resources to explore!