Dai (DAI) is one of the most widely used decentralized stablecoins in the cryptocurrency ecosystem. Pegged to the US dollar, DAI maintains a near 1:1 value with USD through an innovative system of smart contracts and collateralized assets on the Ethereum blockchain. This guide provides real-time insights into the DAI to USD exchange rate, historical trends, conversion tools, and key market dynamics shaping its stability and utility in 2025.
Whether you're trading, lending, or using DAI for cross-border payments, understanding its pricing behavior and conversion accuracy is essential. Here, we break down everything you need to know about DAI USD values, backed by live data and expert analysis.
Current DAI to USD Exchange Rate
As of today, the live exchange rate for 1 DAI to USD is **$0.9999**. This reflects a slight fluctuation within its intended $1.00 peg, which is common due to market supply and demand imbalances across decentralized exchanges.
Over the past 24 hours, DAI has seen minimal movement—down by less than 0.01%, demonstrating strong short-term stability. While DAI is designed to maintain parity with the US dollar, it occasionally trades slightly above or below $1.00 depending on trading volume, liquidity depth, and macroeconomic sentiment in the crypto markets.
Recent Historical Performance (June–July 2025)
Below is a summary of DAI’s daily closing rates against the US dollar over the past week:
- Jul 02, 2025: $1.00 (+0.01%)
- Jul 01, 2025: $0.9999 (0.00%)
- Jun 30, 2025: $0.9999 (+0.01%)
- Jun 29, 2025: $0.9998 (-0.01%)
- Jun 28, 2025: $0.9999 (-0.01%)
- Jun 27, 2025: $1.00 (+0.03%)
- Jun 26, 2025: $0.9998 (0.00%)
These figures represent end-of-day prices at 00:00 UTC and illustrate DAI’s consistent adherence to its dollar peg. The minor deviations are typical in decentralized finance (DeFi) environments where arbitrage mechanisms work to correct imbalances within hours or even minutes.
Over the last 30 days, DAI has remained remarkably stable with a net change of approximately 0.0% against the USD—reinforcing its role as a reliable store of value and medium of exchange in volatile crypto markets.
Real-Time DAI to USD Conversion Table
Use this up-to-date conversion table for quick reference when exchanging DAI for USD or vice versa:
DAI to USD
| Amount | Value in USD |
|---|---|
| 0.5 DAI | $0.50 |
| 1 DAI | $0.9999 |
| 5 DAI | $5.00 |
| 10 DAI | $10.00 |
| 50 DAI | $49.99 |
| 100 DAI | $99.99 |
| 500 DAI | $499.95 |
| 1,000 DAI | $999.97 |
USD to DAI
| Amount | Value in DAI |
|---|---|
| $0.50 | 0.50 DAI |
| $1 | 1.00 DAI |
| $5 | 5.00 DAI |
| $10 | 10.00 DAI |
| $50 | 50.01 DAI |
| $100 | 100.03 DAI |
| $500 | 500.15 DAI |
| $1,000 | 1,000.30 DAI |
These conversions reflect current market conditions and may vary slightly based on platform-specific spreads and network fees.
What Makes DAI Different from Other Stablecoins?
Unlike centralized stablecoins such as USDT or USDC—where reserves are held by a company—DAI is fully decentralized and governed by the MakerDAO protocol. Users generate DAI by locking crypto assets like ETH or WBTC as collateral in Maker Vaults.
This system ensures transparency and censorship resistance while maintaining price stability through automated economic incentives and governance-driven risk parameters.
Key features of DAI include:
- Decentralization: No single entity controls issuance.
- Transparency: All collateral and debt positions are visible on-chain.
- Yield Opportunities: Users can earn interest via protocols like Aave and Curve.
- Global Accessibility: Available to anyone with an internet connection and a wallet.
👉 See how decentralized finance platforms enable seamless DAI transactions—start exploring today.
All-Time High and Market Milestones
DAI reached its highest recorded price of $3.67 on November 16, 2021, during a period of high volatility and speculative trading activity in DeFi markets. This spike was temporary and resulted from temporary liquidity imbalances rather than a fundamental shift in value.
Since then, improvements in arbitrage mechanisms and increased liquidity have kept DAI tightly anchored around its $1 target.
Despite occasional short-term deviations, DAI's long-term stability mechanism has proven resilient—even during major market shocks like the 2022 crypto winter and the collapse of several centralized lenders.
Why DAI Matters in Today’s Crypto Economy
DAI plays a crucial role in powering decentralized applications across lending platforms, decentralized exchanges (DEXs), and yield-generating protocols.
Its use cases include:
- Collateral for loans on platforms like Aave and Compound
- Liquidity provision in automated market makers like Uniswap
- Hedging tool for traders exposed to volatile cryptocurrencies
- Cross-border remittances without reliance on traditional banking systems
With over $5 billion in circulation and integration across hundreds of Web3 applications, DAI remains a cornerstone of the DeFi revolution.
Frequently Asked Questions (FAQ)
What is the current price of 1 Dai (DAI) in US dollars (USD)?
The current price of 1 Dai (DAI) is approximately $0.9999, reflecting its tight peg to the US dollar.
How many DAI can I get for $1 USD?
For every $1 USD, you can typically receive about 1.0000 DAI, though minor variations may occur based on exchange rates and platform fees.
What was the all-time high price of DAI against USD?
DAI reached an all-time high of **$3.67** on **November 16, 2021**, due to temporary market inefficiencies. It has since stabilized near its $1 target.
Has the value of DAI increased or decreased compared to USD over the past month?
Over the last 30 days, the value of DAI has remained nearly unchanged—showing a net variation of around 0.0% against the US dollar.
Is DAI truly backed 1:1 by US dollars?
No—unlike fiat-backed stablecoins, DAI is not backed by physical US dollars. Instead, it is over-collateralized by crypto assets held in smart contracts on Ethereum, ensuring solvency and decentralization.
Can DAI lose its peg to the US dollar?
While rare, DAI can temporarily deviate from its $1 peg during extreme market stress. However, built-in arbitrage incentives and emergency shutdown mechanisms help restore parity quickly.
Final Thoughts: Trust, Stability, and Innovation
DAI stands out as a pioneering achievement in blockchain-based financial engineering. By combining algorithmic stability with decentralized governance, it offers users a trustless alternative to traditional money.
As adoption grows and new layers of scalability emerge (such as Layer 2 solutions), DAI’s utility will expand beyond speculation into everyday payments, savings, and global commerce.
Whether you're converting small amounts for transactions or using large holdings as collateral, staying informed about the DAI USD rate ensures smarter decisions in the fast-moving world of digital assets.
👉 Stay ahead with live price tracking and advanced conversion tools—access them now.