DAI/WBTC: Convert and Swap Dai (DAI) to Wrapped Bitcoin (WBTC)
1 Dai equals 0.000016 Wrapped Bitcoin
Last update: 10:19 AM, October 12, 2024
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The current DAI to WBTC conversion rate is 0. Inversely, this means that if you convert 1 WBTC you will get 62,824.17 DAI.
The conversion rate of DAI/WBTC has decreased by 0.37% in the last hour and shrunk by 2.72% in the last 24 hours.
Overview
About Dai (DAI)
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.
Resources
About Wrapped Bitcoin (WBTC)
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.
Resources
Market
Dai (DAI)
Market cap
$5.36B
Volume (24h)
$76.88M
Price
0.000016 WBTC
High (24H)
0.000016 WBTC
Low (24H)
0.000016 WBTC
Wrapped Bitcoin (WBTC)
Market cap
$9.41B
Volume (24h)
$120.04M
Price
62.82K DAI
High (24H)
63.19K DAI
Low (24H)
60.95K DAI
Conversion tables
DAI to WBTC
Amount (DAI) | Amount (WBTC) |
|---|---|
0.5 DAI | 0.00000796 WBTC |
1 DAI | 0.000016 WBTC |
5 DAI | 0.000080 WBTC |
10 DAI | 0.000159 WBTC |
50 DAI | 0.000796 WBTC |
100 DAI | 0.0016 WBTC |
500 DAI | 0.0080 WBTC |
1,000 DAI | 0.0159 WBTC |
WBTC to DAI
Amount (WBTC) | Amount (DAI) |
|---|---|
0.5 WBTC | 31,412.09 DAI |
1 WBTC | 62,824.17 DAI |
5 WBTC | 314,120.87 DAI |
10 WBTC | 628,241.75 DAI |
50 WBTC | 3,141,208.74 DAI |
100 WBTC | 6,282,417.48 DAI |
500 WBTC | 31,412,087.42 DAI |
1,000 WBTC | 62,824,174.84 DAI |
Last update: October 12, 2024 at 10:19 AM |
DAI to WBTC history
24 hours ago | Change (24h) | 1 week ago | Change (1W) | 1 month ago | Change (1M) | 1 year ago | Change (1Y) |
|---|---|---|---|---|---|---|---|
0.000016 WBTC | -2.87% | 0.000016 WBTC | -1.14% | 0.000017 WBTC | -8.30% | 0.000037 WBTC | -135.35% |
Last update: October 12, 2024 at 10:19 AM |
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