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I own DAI and I can hardly sell $1000 of it into any other crypto currency without incurring 1%+ price slippage.


The spread with usdc is more like 0.2% (both coinbase and dydx), but if the alternative is smuggling suitcases full of cash, 1% is hardly a problem


May I ask what exchanges you are using? There is 1.5M in dai liquidity on uniswap and as you can see plenty of people are moving huge sums without incurring noticeable slippage.

https://uniswap.info/token/0x6b175474e89094c44da98b954eedeac...




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