Dai (Fuse), commonly referred to as DAI, is a decentralized stablecoin designed to maintain a 1:1 peg with the US Dollar. As digital finance evolves, understanding real-time exchange rates and conversion mechanics becomes essential for crypto users, traders, and investors. This comprehensive guide explores the current value of 1 DAI to USD, price trends, conversion tools, and key insights into how DAI operates within the broader cryptocurrency ecosystem.
Current Dai (Fuse) Market Overview
As of the latest update, 1 DAI equals $0.9978 USD, reflecting a slight increase of +0.021% over the past 24 hours. While DAI aims to maintain parity with the US dollar, minor fluctuations are normal due to market supply and demand dynamics across different blockchain networks, including Fuse.
The total circulating supply of DAI on the Fuse network stands at 0, resulting in a current market capitalization of $0. Historically, Dai (Fuse) reached its highest value at **$1.21 USD, while its lowest recorded price was $0.6817 USD**—highlighting that although it's designed as a stablecoin, temporary deviations from the peg can occur based on trading volume and platform-specific liquidity.
Price Chart and Recent Trends
The DAI to USD exchange rate has remained relatively stable, with a marginal gain of $0.0002095 in the last day. Over the past 24 hours, the price fluctuated within a narrow range, demonstrating resilience despite broader market volatility.
While the exact timestamp for data refresh shows limitations ("Invalid Date"), platforms like Gate provide visual price charts tracking DAI/USD movements over the last 24 hours and 7 days. These tools help users identify short-term patterns and make informed decisions about when to convert or trade.
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Trading DAI on Cryptocurrency Exchanges
DAI is widely traded across major exchanges, often paired with USDT and USD. On Gate, the DAI/USDT spot trading price sits at $0.9991, showing a minor decline of -0.18% in the past day. This slight dip suggests mild selling pressure but does not indicate a significant de-peg event.
Additionally, some platforms offer perpetual contracts for DAI, allowing traders to use leverage. However, current perpetual prices may not always be available depending on market depth and exchange support.
For active traders, monitoring both spot and futures markets helps assess sentiment and potential arbitrage opportunities between exchanges.
DAI to USD Conversion Calculator
Below is a quick-reference conversion table for common amounts:
DAI to USD
- 1 DAI = 0.99 USD
- 5 DAI = 4.98 USD
- 10 DAI = 9.97 USD
- 100 DAI = 99.79 USD
- 1,000 DAI = 997.85 USD
- 5,000 DAI = 4,989.28 USD
- 10,000 DAI = 9,978.56 USD
USD to DAI
- 1 USD = 1.0021 DAI
- 5 USD = 5.01 DAI
- 10 USD = 10.02 DAI
- 100 USD = 100.21 DAI
- 1,000 USD = 1,002.14 DAI
- 5,000 USD = 5,010.74 DAI
- 10,000 USD = 10,021.48 DAI
These conversions reflect real-time rates and are useful for cross-checking transaction values before executing trades or transfers.
Popular Currency Conversions for 1 DAI
Beyond USD, DAI can be exchanged into various global currencies:
- EUR (Euro): €0.89
- INR (Indian Rupee): ₹83.36
- IDR (Indonesian Rupiah): Rp15,137.21
- CAD (Canadian Dollar): $1.35
- GBP (British Pound): £0.75
- THB (Thai Baht): ฿32.91
This versatility makes DAI a valuable bridge asset for international crypto users seeking stability and broad interoperability.
Frequently Asked Questions (FAQ)
What is a DAI to USD converter?
A DAI to USD converter is an online tool that calculates the equivalent value of Dai stablecoins in US Dollars using live market rates. It supports instant decision-making for trading, budgeting, or cross-border transactions.
How often is the DAI to USD exchange rate updated?
Most reputable platforms update the DAI/USD rate every few seconds during active trading hours. Real-time data ensures accuracy for time-sensitive operations like arbitrage or large-volume trades.
What factors affect the DAI to USD exchange rate?
Although DAI is pegged to the dollar, minor fluctuations arise from:
- Exchange-specific liquidity
- Network congestion on Ethereum or Fuse
- Arbitrage activity
- Market sentiment during crypto volatility
Persistent deviations beyond ±2% typically trigger automatic rebalancing mechanisms.
Can I convert DAI to currencies other than USD?
Yes. Most exchanges allow direct conversion of DAI to EUR, GBP, JPY, INR, and even other cryptocurrencies like BTC or ETH—offering flexibility for global users.
Is it safe to convert DAI to USD on crypto platforms?
Reputable exchanges implement strong security protocols such as two-factor authentication (2FA), cold storage, and withdrawal whitelisting. Always verify platform legitimacy and avoid sharing private keys.
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How to Convert DAI to USD in Simple Steps
Converting Dai (Fuse) to US Dollar is straightforward:
- Log in to your preferred cryptocurrency exchange.
- Navigate to the “Convert” or “Trade” section.
- Select DAI as the source asset and USD (or USDT) as the target.
- Enter the amount you wish to exchange.
- Confirm the transaction after reviewing fees and final payout.
Some platforms also support direct withdrawal of converted funds to bank accounts via fiat gateways.
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Final Thoughts
DAI remains one of the most trusted decentralized stablecoins in the blockchain space. Its algorithmic design and collateral-backed model help maintain stability even during turbulent markets. Whether you're converting small amounts for daily use or managing larger portfolios, understanding how 1 DAI converts to USD empowers smarter financial decisions.
For those looking to act on real-time data with minimal slippage and maximum security, choosing a reliable trading environment is crucial.
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