About
What is this?
This is a swap service between Monero (XMR) and DAI — in both directions.
Monero is a cryptocurrency built around privacy. Transactions are confidential by default — amounts, senders, and recipients are hidden from public view. It is fungible money that cannot be traced or blacklisted.
DAI is a stablecoin pegged to the US Dollar, issued by the MakerDAO protocol on Ethereum. Unlike USDC or USDT, it is not controlled by a centralised company — it is governed by a decentralised protocol and backed by on-chain collateral. One DAI ≈ one dollar, without depending on any bank or corporation.
Why XMR and DAI?
The pairing is deliberate. Monero gives you financial privacy at the transaction level. DAI gives you a stable unit of account that is not tied to any centralised issuer. Together they let you move between private value storage and dollar-equivalent liquidity without relying on institutions that can freeze, censor, or surveil.
How it works
- Select a direction (XMR → DAI or DAI → XMR) and enter an amount.
- A live quote is generated showing the exact output amount and fee breakdown.
- Confirm the swap — a unique deposit address is assigned to your trade.
- Send the exact amount to that address within 1 hour.
- Once your deposit is confirmed on-chain, the exchange sends the output to your recipient address automatically.
Confirmation times
Fees
- Platform fee: 2% of the input amount.
- Monero network fee: a dynamic fee estimated from the network, paid to Monero miners.
- Ethereum gas fee: a variable fee paid to Ethereum validators for the DAI transfer.
All fees are shown transparently in the quote before you confirm.
Trust model
This is a centralised swap service. When you deposit funds, the platform takes temporary custody of them until the swap is completed and your payout is sent. You are trusting the operator to process the trade honestly. This is similar to services like Changelly or FixedFloat — not a decentralised exchange or atomic swap.
What is an account for?
Accounts exist to keep track of your trade history and to contact support if anything goes wrong. No email address is required — just a username and password.
In the future, accounts may also unlock lower fees for frequent users.
Trade expiry
Each trade has a 1-hour window to receive a deposit. If no funds arrive within that time, the trade is marked expired and the deposit address is no longer monitored. Simply start a new swap if that happens — no action required on your part.
Donations
If you find this service useful, consider donating some XMR to support its development and running costs.
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