Convert GMX to Dai (GMX → DAI)
Swap GMX on Arbitrum to DAI on Ethereum in one step, without bridging it yourself. Powered by NEAR Intents.
- No KYC
- No account
- Self-custody
Swap GMX to DAI
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GMX to DAI rate today
1 GMX ≈ 8.05 DAI and 1 DAI ≈ 0.1242 GMX, based on market prices at 2026-10-21 05:06 UTC.
| Token | Price | 24h | Market cap | 24h volume |
|---|---|---|---|---|
| GMX (GMX) | $8.05 | -3.43% | $85.91M | $3.80M |
| Dai (DAI) | $1 | +0.00% | $4.55B | $140.74M |
Convert GMX to DAI: how much you get
Indicative amounts at the market rate above, before network and protocol fees.
| GMX | DAI |
|---|---|
| 1 GMX | 8.05 DAI |
| 5 GMX | 40.25 DAI |
| 10 GMX | 80.5 DAI |
| 50 GMX | 402.5 DAI |
| 100 GMX | 805 DAI |
| 500 GMX | 4,025 DAI |
| DAI | GMX |
|---|---|
| 5 DAI | 0.6211 GMX |
| 10 DAI | 1.24 GMX |
| 50 DAI | 6.21 GMX |
| 100 DAI | 12.42 GMX |
| 500 DAI | 62.11 GMX |
| 1,000 DAI | 124.22 GMX |
GMX to DAI price impact on NEAR Intents
NEAR Intents measures each token against USDC: how much GMX solvers buy and how much DAI they sell at each level of price impact, and the impact at each trade size.
| Price impact | GMX → USDC | USDC → DAI |
|---|---|---|
| Under 0.5% | — | up to $17k |
| Under 1% | — | up to $17k |
| Under 3% | — | up to $17k |
| Under 5% | — | up to $17k |
| Under 10% | — | up to $17k |
| Trade size | GMX → USDC | USDC → DAI |
|---|---|---|
| $100 | not quoted | 0% |
| $1k | not quoted | 0% |
| $10k | not quoted | 0% |
| $100k | not quoted | not quoted |
Price impact only: what a single swap gives up against the market price, measured with live NEAR Intents quotes at 2026-10-21 03:19 UTC. The app fee, withdrawal fee and network gas come on top.
How to convert GMX to Dai
- Connect any EVM wallet such as MetaMask or Rabby that holds your GMX, or turn on Swap from external wallet to pay to a deposit address from any wallet or exchange.
- Enter how much GMX to swap and the Ethereum address that receives the DAI, from any EVM wallet such as MetaMask or Rabby.
- Confirm. Once the deposit confirms on Arbitrum, the DAI is sent to your address on Ethereum; if the swap can't be filled, the GMX is refunded.
About the GMX → DAI swap
GMX is sent on Arbitrum and DAI arrives on Ethereum, so this swap also changes network. You pay ETH gas on Arbitrum for the deposit and nothing on Ethereum to receive, though you will need some ETH there later to move the DAI.
Swapping GMX to DAI converts a volatile asset into a dollar-pegged stablecoin, a common way to lock in a price or step out of market swings without off-ramping to a bank account.
About GMX and Dai
GMX (GMX): GMX is a decentralized perpetual and spot exchange on Arbitrum and Avalanche, popular for on-chain leverage trading. More about GMX →
Dai (DAI): Dai is a decentralized stablecoin soft-pegged to the US dollar, issued by the Sky Protocol, formerly known as MakerDAO. More about DAI →
GMX to DAI: frequently asked questions
What to know before swapping GMX for Dai
DAI is sent on Ethereum, so you need any EVM wallet such as MetaMask or Rabby. Use an address you control; if you send to an exchange, check that it accepts DAI on Ethereum, as some exchanges don't credit deposits that come from a smart contract.
The swap itself settles in seconds once your GMX deposit is confirmed on Arbitrum. Total time depends mostly on how many confirmations Arbitrum needs for the deposit, plus the withdrawal to Ethereum.
1 GMX ≈ 8.05 DAI at current market prices ($8.05 per GMX, $1 per DAI).