Swap Tether (USDT ERC20) for DAI
The calculator does the maths at the live rate, the page lists the limits and the timing. Your rate is locked the moment the order is created.
Rate as of Sep 17, 2026 02:08
- Orders from
- 200 USDT ERC20 ≈ $199.88
- Payout network
- Dai
- 24 hours
- −0.02%
The direction runs at 1.0024 DAI per USDT ERC20, or 0.99759 USDT ERC20 per DAI. Market over 24 hours: USDT ERC20 against DAI minus 0.02%. The week added minus 0.09%.
The weekly corridor ran from 0.99903 to 1.0001 DAI, a spread of 0.11%. A single order takes 200 to 10,000,000 USDT ERC20. In dollars that is roughly $199.88.
By market cap Tether sits 3th ($183.33 B) and Dai 22th ($4.58 B).
Who takes the USDT ERC20 → DAI route
- A road both waysThe DAI → USDT ERC20 direction is open too, so going back into USDT takes the same route.
USDT ERC20 → DAI rate and amounts
Send USDT ERC20 — receive DAI
| USDT ERC20 | DAI |
|---|---|
| 200 | 200.4832 |
| 1,000 | 1,002.42 |
| 2,000 | 2,004.83 |
| 10,000 | 10,024.16 |
| 20,000 | 20,048.32 |
| 100,000 | 100,241.58 |
Need DAI — send this much USDT ERC20
| DAI | USDT ERC20 |
|---|---|
| 500 | 498.795 |
| 1,000 | 997.59 |
| 5,000 | 4,987.95 |
| 10,000 | 9,975.9 |
| 50,000 | 49,879.5 |
| 100,000 | 99,759 |
How the USDT ERC20 → DAI order runs
- Work out the amount in the calculator: orders start at 200 USDT ERC20.
- Enter a DAI address in Dai and a way to reach you.
- Send USDT ERC20 in Ethereum (ERC20) for exactly the amount stated in the order.
- Once the network confirms your transfer, Dai leaves for your address. The order page tracks every step.
Check this before sending USDT ERC20
- The address network is Dai. Sending through another network usually means losing the transfer.
- The transfer must not be smaller than 200 USDT ERC20.
- Copy the address whole, then compare the first and last characters after pasting.
- Coins go through an AML check: a flagged transfer can be held until the check is finished.
Where the USDT ERC20 to DAI rate has been
- 24 hours
- −0.02%
- Week
- −0.09%
- Weekly high
- 1.0001 DAI
- Weekly low
- 0.99903 DAI
- Spread
- 0.11%
Market data from CoinGecko as of Sep 17, 2026 00:54; the exchange rate is calculated separately and differs. Where these numbers come from
How far USDT ERC20/DAI travelled, by period
| Period | High | Low | Middle | Net move |
|---|---|---|---|---|
| 24 hours | 0.999549 | 0.99903 | 0.999336 | −0.02% |
| Week | 1.0001 | 0.99903 | 0.999761 | −0.09% |
Figures are in DAI per unit sent, from market data.
The numbers on USDT and DAI
- Price
- $0.99939
- 24 hours
- −0.01%
- Week
- −0.1%
- Market cap
- $183.33 B
- 24-hour turnover
- $59.59 B
- Rank by cap
- #3
- In circulation
- 183.44 B USDT
- Record price
- $1.32
- Price
- $1.00
- 24 hours
- +0.01%
- Week
- 0%
- Market cap
- $4.58 B
- 24-hour turnover
- $309.9 M
- Rank by cap
- #22
- In circulation
- 4.58 B DAI
- Record price
- $1.22
Source: CoinGecko, Sep 17, 2026 00:54.
Tether against Dai
| Tether (USDT) | Dai (DAI) | |
|---|---|---|
| Ticker | USDT | DAI |
| Type | token | token |
| Network | Ethereum (ERC20) | — |
| Fees are paid in | ETH | — |
| Launched | 2014 | 2017 |
| Built by | Tether Limited | MakerDAO |
| Supply cap | no cap | no cap |
| In circulation | 183.44 B USDT | 4.58 B DAI |
| Market cap | $183.33 B | $4.58 B |
| Rank by cap | #3 | #22 |