
Get started with Pharos Borrow/Lend on Oku
A guide to using Oku for borrowing and lending on Pharos.
DAI is rising today, with a current price of $1.00. Inversely, this means that $1 buys you 0.9999 DAI. On Arbitrum, DAI currently has a market cap of $15.74M, with the price having risen 0.00% in the last 24h. The 24h trading volume sits at $1.05M. The circulating supply is 15.74M DAI.
Swappers can swap DAI at current market prices on Arbitrum today. Furthermore, swappers can bridge DAI to and from Arbitrum using Oku Bridge.
Use a Web3 wallet like MetaMask, Coinbase Wallet, or WalletConnect to connect to Oku. Make sure you're on the Arbitrum network and have ETH for gas fees. Oku will read your wallet balance and display eligible tokens such as USDC, USDT, WETH, that you can use to buy DAI.
Navigate to the swap interface and search for Dai Stablecoin (DAI) in the token selector. You can swap any supported token for DAI, or bridge and receive DAI as your destination address. This option is available on the swap page or the bridge page if you want to bridge DAI to or from Arbitrum.
Enter the amount of DAI you want to receive, review the exchange rate and estimated gas fees, then confirm the transaction in your wallet. Oku's smart routing will find the best price across multiple liquidity pools on Arbitrum. Once confirmed, you can monitor the transaction status until it settles on-chain.






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A guide to using Oku for borrowing and lending on Pharos.

Welcome to Oku Rewards.

In Part 1 we covered the macro picture - $17 billion in RWAs on Ethereum, $50 billion across chains, and why stablecoins are the foundation of the tokenized economy. Now let's look at what's building on top of that foundation. Because what RWAs are actually trading might surprise you.
Right now 1 Dai Stablecoin (DAI) is worth about $1.00.
Based on the current rate, you could get 0.9999 DAI for 1 USD.
Dai Stablecoin (DAI) price has been increasing. Since yesterday, the exchange rate of Dai Stablecoin (DAI) has increased. Since last week, the exchange rate of Dai Stablecoin (DAI) has increased.
You can use our DAI to USD calculator at the top of this page to convert any amount of DAI to USD. We've also created a couple of quick reference tables for the most common conversions. For example, $5 is equivalent to 4.9994 DAI. Inversely, 5 DAI will cost about $5.001.
Dai Stablecoin (DAI) is currently available to buy on Oku's decentralized exchange. Check out our guide to get more detailed instructions on how to buy Dai Stablecoin (DAI).
To swap DAI on Arbitrum, connect your Web3 wallet to Oku and ensure you're on the Arbitrum network. Select the token you want to swap from and DAI as the token you want to receive. Enter the amount, review the exchange rate, and confirm the transaction in your wallet. Oku's smart routing will find you the best price across multiple liquidity pools.

25 Trade routers, 20 bridges, 1000s of tokens, best price every time.
Why swap anywhere else?
