Convert Dai DAI to Wrapped Bitcoin WBTC
DAI to WBTC: 1 Dai converts to 0.00000925 WBTC as of July 6 at 7:35 AM
About DAI and WBTC
Dai is climbing, while Wrapped Bitcoin is falling this week. The current DAI to WBTC conversion rate is 0.00000925. Inversely, this means that if you convert 1 WBTC you will get 108,064.8 DAI. The conversion rate of DAI/WBTC has increased by 0% in the last hour (WBTC/DAI decreased by 0%). In the last 24 hours, DAI/WBTC grew by 0.07%, while WBTC/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 0.00000925 WBTC. In other words, to buy 5 Dai, it would cost you 0.00004627 WBTC. Inversely, 1 WBTC would allow you to trade for 108,064.80 DAI while 50 WBTC would convert to 5,403,239.91 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.71%. Meanwhile, in the last 24 hours, the rate has changed by 0.07%, and that the highest exchange rate of 1 DAI to WBTC was 0.00000927 WBTC and the lowest 24 hour value was 1 DAI for 0.00000925 WBTC. Last month, 1 DAI was worth 0.00000970 WBTC. Today, it's down 4.79%. Looking back a year, Dai has changed by 0.000018 WBTC. That means that in a single year, the value of Dai has shrank by 93.22%.
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 Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
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Conversion tables
DAI to WBTC values from Today at 7:34 am
0.5 DAI = 0.00000463 WBTC |
1 DAI = 0.00000925 WBTC |
5 DAI = 0.000046 WBTC |
10 DAI = 0.000093 WBTC |
50 DAI = 0.000463 WBTC |
100 DAI = 0.000925 WBTC |
500 DAI = 0.0046 WBTC |
1,000 DAI = 0.0093 WBTC |
WBTC to DAI values from Today at 7:34 am
0.5 WBTC = 54,032.40 DAI |
1 WBTC = 108,064.80 DAI |
5 WBTC = 540,323.99 DAI |
10 WBTC = 1,080,647.98 DAI |
50 WBTC = 5,403,239.91 DAI |
100 WBTC = 10,806,479.82 DAI |
500 WBTC = 54,032,399.11 DAI |
1,000 WBTC = 108,064,798.23 DAI |
DAI to WBTC over time
DAI | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 DAI | 0.00000463 WBTC | 0.00000462 WBTC | 0.00000485 WBTC | 0.00000894 WBTC |
1 DAI | 0.00000925 WBTC | 0.00000925 WBTC | 0.00000970 WBTC | 0.000018 WBTC |
5 DAI | 0.000046 WBTC | 0.000046 WBTC | 0.000048 WBTC | 0.000089 WBTC |
10 DAI | 0.000093 WBTC | 0.000092 WBTC | 0.000097 WBTC | 0.000179 WBTC |
50 DAI | 0.000463 WBTC | 0.000462 WBTC | 0.000485 WBTC | 0.000894 WBTC |
100 DAI | 0.000925 WBTC | 0.000925 WBTC | 0.000970 WBTC | 0.0018 WBTC |
500 DAI | 0.0046 WBTC | 0.0046 WBTC | 0.0048 WBTC | 0.0089 WBTC |
1,000 DAI | 0.0093 WBTC | 0.0092 WBTC | 0.0097 WBTC | 0.0179 WBTC |
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Frequently asked questions
How much is 1 Dai in USD?
Right now, 1 Dai is worth about $1.00.
How much DAI could I buy for 1 USD?
Based on the current rate, you could get 1 DAI for 1 USD.
How much has the price of Dai changed?
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 increased.
How do I calculate or convert DAI to USD?
You can use our DAI to USD calculator at the top of this page to convert any amount of DAI to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5 DAI. Inversely, 5 DAI will cost about $5.00
How can I buy 1 Dai on Coinbase?
Dai is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Dai.
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Create a Coinbase account to buy and sell Dai on the most secure crypto exchange.
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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.