Networks and wallets for DAI to COMP
Ethereum mainnet (ERC-20 DAI)
Check that the deposit calls for DAI on Ethereum and that your wallet holds DAI itself. USDS has a separate contract and requires a conversion before it can be sent as DAI.
Ethereum mainnet (ERC-20 COMP)
Check the COMP balance in your Ethereum account after payout. Receiving COMP transfers the governance token without opening a lending position.
Use the exact DAI network when comparing quotes. The number of COMP units a given deposit can buy changes with the market, so compare how much COMP will arrive after fees.
How to convert DAI to COMP
- Check that a live provider quotes your DAI deposit network and the COMP payout network you need.
- Compare the amount of COMP you would receive after fees, then confirm the receiving address and any memo or tag required for your payout.
- If you go ahead, follow the live order’s deposit instructions. Keep the order ID and the DAI transaction reference, then verify the COMP payout in your receiving wallet.
How to compare DAI to COMP rates
For a rough pre-fee estimate, multiply the DAI amount by the rate expressed in COMP per DAI. Then compare the actual COMP payout for the same DAI amount and network. Check whether the withdrawal fee comes out of what you send or is charged separately.
Orbit uses a $100 minimum. The estimate on this page uses reference market prices before fees. An executable quote, including any additional route limits, comes from a live settlement provider.