Convert Tether to Dai (USDT → DAI)
Swap USDT to DAI on Ethereum in one step. Powered by NEAR Intents.
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Swap USDT to DAI
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USDT to DAI rate today
1 USDT ≈ 0.9994 DAI and 1 DAI ≈ 1 USDT, based on market prices at 2026-10-09 19:48 UTC.
| Token | Price | 24h | Market cap | 24h volume |
|---|---|---|---|---|
| Tether (USDT) | $0.9992 | +0.00% | $184.10B | $51.36B |
| Dai (DAI) | $0.9998 | -0.01% | $4.55B | $290.46M |
Convert USDT to DAI: how much you get
Indicative amounts at the market rate above, before network and protocol fees.
| USDT | DAI |
|---|---|
| 10 USDT | 9.99 DAI |
| 50 USDT | 49.97 DAI |
| 100 USDT | 99.94 DAI |
| 500 USDT | 499.71 DAI |
| 1,000 USDT | 999.41 DAI |
| 10,000 USDT | 9,994 DAI |
| DAI | USDT |
|---|---|
| 10 DAI | 10.01 USDT |
| 50 DAI | 50.03 USDT |
| 100 DAI | 100.06 USDT |
| 500 DAI | 500.29 USDT |
| 1,000 DAI | 1,001 USDT |
| 10,000 DAI | 10,006 USDT |
USDT to DAI price impact on NEAR Intents
How big a single USDT/DAI swap can be at each level of price impact, in both directions, and the impact at each trade size.
| Price impact | USDT → DAI | DAI → USDT |
|---|---|---|
| Under 0.5% | up to $41k | up to $100k |
| Under 1% | up to $41k | up to $100k |
| Under 3% | up to $41k | up to $100k |
| Under 5% | up to $41k | up to $100k |
| Under 10% | up to $41k | up to $100k |
| Trade size | USDT → DAI | DAI → USDT |
|---|---|---|
| $100 | 0% | 0.20% |
| $1k | 0.09% | 0.20% |
| $10k | 0.09% | 0.20% |
| $100k | not quoted | 0.20% |
Price impact only: what a single swap gives up against the market price, measured with live NEAR Intents quotes at 2026-10-09 18:24 UTC. The app fee, withdrawal fee and network gas come on top.
How to convert Tether to Dai
- Connect any EVM wallet such as MetaMask or Rabby that holds your USDT, or turn on Swap from external wallet to pay to a deposit address from any wallet or exchange.
- Enter how much USDT 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 Ethereum, the DAI is sent to your address on Ethereum; if the swap can't be filled, the USDT is refunded.
About the USDT → DAI swap
USDT and DAI both live on Ethereum, so you pay and receive on the same network. NEAR Intents still routes the trade through its solver network, which means you get a competitive quote without picking a DEX or an aggregator yourself.
USDT and DAI are both dollar-pegged stablecoins, so the rate stays close to 1:1. People swap between them to move to the stablecoin a protocol or exchange accepts, or to change issuer or network without cashing out.
About Tether and Dai
Tether (USDT): Tether (USDT) is the most widely traded stablecoin, pegged 1:1 to the US dollar and issued on many major blockchains. More about USDT →
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 →
Swap USDT for other tokens
USDT to DAI: frequently asked questions
What to know before swapping Tether 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 USDT deposit is confirmed on Ethereum. Total time depends mostly on how many confirmations Ethereum needs for the deposit, plus the withdrawal to Ethereum.
1 USDT ≈ 0.9994 DAI at current market prices ($0.9992 per USDT, $0.9998 per DAI).
In our latest measurement a USDT → DAI swap cost 0.09% at $1k and 0.09% at $10k below the market price, and the largest single swap was up to $41k with under 1% price impact. That is price impact only: the app fee, withdrawal fee and network gas come on top, and the widget's quote includes all but the gas.
No. Price impact is how far below the market price your quote is because of its size: a bigger swap goes deeper into solvers' liquidity. It is already in the amount the widget shows; a $10k USDT → DAI swap gave up 0.09% in our latest measurement. Slippage is how much the result may still move between that quote and the moment the swap settles. The widget accepts up to 1% by default (Max slippage in its settings): the minimum you receive is the quote minus 1%, and if solvers can't deliver at least that, the swap doesn't happen and your funds are refunded.