How Much is 1 DAI in ADA?

A1 DAI is worth 2.51496 ADA

ADai has been weakening against the Cardano over the last 365 days. Today the DAI / ADA exchange rate is 0.7% lower than it was 365 days ago.

AEach crypto exchange has a slightly different focus and fee structure. Some exchanges are focused on simplicity and ease of use, however they may offer a slightly more expensive rate. Others are professional exchanges that can handle advanced order types and have smaller spreads meaning they can offer more competitive rates. Some exchanges will charge no exchange fee, but will effectively build a fee into a higher exchange rate.

AYou can earn up to 6% APY on Dai at Ledn, or go to our Dai savings table to compare more rates.

ANo, Dai worth less than Cardano. 1 Dai is worth 1.00 USD. 1 Cardano is worth 0.40 USD.

ADAI is a crypto-backed algorithmic stable coin provided by MakerDAO. One DAI is equal to one USD. Unlike other fiat-collateralized stablecoins, DAI is overcollateralized. If you want to receive 100 DAI which is worth 100$, you need to collateralize 150$ worth of Ethereum. The collateral ratio is decided by the MakerDAO platform's governance where anyone with MKR coin can vote. DAI is a fully decentralized stablecoin.

AYou can earn up to 6% APY on Cardano at Ledn, or go to our Cardano savings table to compare more rates.

ANo, 1 ADA worth less than 1 DAI. 1 ADA is worth 0.40 USD. 1 DAI is worth 1.00 USD.

AADA is the native coin for the Cardano blockchain ecosystem and it is one of the oldest and biggest cryptocurrencies in the market. Cardano was founded by Charles Hoskinson, a co-founder of Ethereum. Cardano is a proven blockchain network with a long and well-established history. The only downside of Cardano is its real-life use case. Cardano foundation has announced that they are working on the integration of smart contracts on Cardano's blockchain.