Convert USDTon Ethereum to DAI
Swap Tether (USDT) on Ethereum to Dai (DAI) at the best cross-chain rate. SwitchFi routes your USDT → DAI exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
USDT to DAI market data
| Metric | USDT · Ethereum | DAI |
|---|---|---|
| Price | $0.9995 | $0.9999 |
| Market cap | $183.30B | $4.58B |
| 24h volume | $53.38B | $186.03M |
| 24h change | -0.02% | -0.03% |
| 7d change | +0.00% | +0.00% |
| 24h high / low | $0.9998 / $0.9995 | $1.00 / $0.9997 |
| All-time high | $1.32 | $1.22 |
| Market cap rank | #3 | #22 |
What is the USDT to DAI exchange rate?
At the current market price, 1 USDT ≈ 0.99965796 DAI, and 1 DAI ≈ 1.0003 USDT. The rate moves with the market; the exact amount you receive is quoted from live liquidity in your wallet before you sign.
Tether is the larger asset of this pair: its market capitalisation of $183.30B is roughly 40× that of Dai at $4.58B. On the overall leaderboard they sit at #3 and #22 respectively. Day-on-day, USDT printed -0.02% and DAI printed -0.03%, meaning the exchange rate between them has held roughly steady. Zooming out to a week, USDT has moved +0.00% while DAI has moved +0.00%. Liquidity is ample on both legs — USDT trades $53.38B a day and DAI trades $186.03M — so conversions execute at market rates. Measured from record highs, USDT is down 24.5% and DAI is down 18.0%.
USDT to DAI converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
USDT / 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 Tether and Dai
Tether (USDT) ranks #3 by market capitalisation at $183.30B. It is trading 24.5% below its all-time high of $1.32. Circulating supply stands at 183.38B USDT. USDT has moved +0.00% week-on-week and +0.10% over 30 days. Around $53.38B of USDT changes hands every 24 hours.
Dai (DAI) ranks #22 by market capitalisation at $4.58B. The price sits 18.0% under the record high of $1.22. Circulating supply stands at 4.58B DAI. Recent performance reads +0.00% over 7 days and +0.00% over the past month for DAI. Its 24-hour trading volume is $186.03M.
How to convert USDT to DAI
- 1 Enter the amount of USDT on Ethereum you want to convert — the swap widget on this page is prefilled with the USDT → 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.
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USDT to DAI FAQ
What is the USDT to DAI exchange rate?
At current prices one USDT converts to about 0.99965796 DAI, and one DAI to about 1.0003 USDT. The figure tracks the market in real time — the binding rate is the one quoted at execution.
How to swap, exchange or convert USDT to DAI on SwitchFi?
Enter the amount of USDT you want to pay, connect your wallet, review the quote and confirm. SwitchFi routes the swap across DEXs and bridges to the best USDT→DAI path — non-custodial, straight from your wallet.
Is the USDT to DAI swap instant?
Speed depends on the route: same-chain trades are near-instant, while bridged cross-chain paths usually complete in a few minutes. Progress is trackable the whole way.
Are there fees to convert USDT 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 USDT for DAI?
No. SwitchFi is a non-custodial router — connect a compatible wallet and swap. No sign-up, no KYC to use the on-chain swap.
Market data by CoinGecko, cached server-side. Prices are informational — the exact swap rate is quoted at execution time.