Convert USDM to DAI
Swap Monetrix USD (USDM) to Dai (DAI) at the best cross-chain rate. SwitchFi routes your USDM → DAI exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
USDM to DAI market data
| Metric | USDM | DAI |
|---|---|---|
| Price | $0.9991 | $0.9999 |
| Market cap | $2.55M | $4.59B |
| 24h volume | $54,275 | $208.07M |
| 24h change | -0.07% | -0.00% |
| 7d change | +0.00% | +0.00% |
| 24h high / low | $1.00 / $0.9951 | $1.00 / $0.9996 |
| All-time high | $1.04 | $1.22 |
| Market cap rank | #2116 | #21 |
What is the USDM to DAI exchange rate?
At the current market price, 1 USDM ≈ 0.99918894 DAI, and 1 DAI ≈ 1.0008 USDM. The rate moves with the market; the exact amount you receive is quoted from live liquidity in your wallet before you sign.
Dai carries the larger market value of the two — $4.59B versus $2.55M for Monetrix USD. They currently rank #2116 and #21 among all cryptocurrencies. Over the past 24 hours USDM is -0.07% while DAI is -0.00%, so the USDM/DAI rate has moved in DAI's favour. On a 7-day view the tape shows USDM +0.00% and DAI +0.00%. With $54,275 and $208.07M in respective daily volume, neither side of a USDM→DAI swap struggles for depth. USDM currently trades 3.6% below its all-time high, while DAI sits 18.0% under its own peak.
USDM to DAI converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
USDM / DAI conversion tables
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Live quote, net of DEX/bridge/gas fees. The final amount is confirmed in your wallet at execution.
Indicative estimate — the exact amount is confirmed in your wallet at execution.
About Monetrix USD and Dai
Monetrix USD (USDM) is the #2116 cryptocurrency by market cap, worth $2.55M in aggregate. It is trading 3.6% below its all-time high of $1.04. There are currently 2.55M USDM in circulation. Over the last 7 days USDM is +0.00%, and +0.20% across 30 days. Daily turnover comes to $54,275.
Dai (DAI) ranks #21 by market capitalisation at $4.59B. The price sits 18.0% under the record high of $1.22. Circulating supply stands at 4.59B DAI. Recent performance reads +0.00% over 7 days and +0.00% over the past month for DAI. Its 24-hour trading volume is $208.07M.
How to convert USDM to DAI
- 1 Enter the amount of USDM you want to convert — the swap widget on this page is prefilled with the USDM → DAI pair.
- 2 Connect a compatible wallet: MetaMask, OKX, Trust Wallet, TokenPocket, TronLink, UniSat, Phantom and others.
- 3 Review the quoted route — the estimated and minimum amount of DAI you will receive, plus network, DEX and bridge fees, are all shown before you sign.
- 4 Confirm the transaction in your wallet and track the swap on the My transactions page until the funds arrive.
Other options to exchange DAI
Convert any other cryptocurrency from USDM
USDM to DAI FAQ
What is the USDM to DAI exchange rate?
1 USDM is worth roughly 0.99918894 DAI at the moment (inverted: 1 DAI ≈ 1.0008 USDM). This moves with the market; your wallet shows the exact executable amount before signing.
How to swap, exchange or convert USDM to DAI on SwitchFi?
Type in how much USDM you're converting, connect a wallet, check the quoted USDM→DAI route and confirm in the wallet. The router compares DEX and bridge paths and settles without ever taking custody.
Is the USDM to DAI swap instant?
Same-chain swaps settle in seconds; cross-chain routes typically take a few minutes while the bridge confirms on both sides. You can track live status until the funds land.
Are there fees to convert USDM to DAI?
The usual on-chain costs apply (network gas plus DEX/bridge fees), but they're disclosed inside the quote together with the minimum received. Nothing is charged for accounts or custody.
Do I need an account to exchange USDM for DAI?
No account is needed. You connect a wallet, approve the swap and receive the funds directly — there is no registration or KYC step for on-chain swaps.
Market data by CoinGecko, cached server-side. Prices are informational — the exact swap rate is quoted at execution time.