The paper proposes a textual and literary interpretation of a fragment from Euripides’ Danae (fr. 324 Kannicht). The author argues that in this fragment Euripides uses the method of “rationalization of myth”, quite widespread in the fifth century culture in general and in Euripides’ tragedies in particular. In Danae the aim of this method is not philosophical but dramatic. The author also rejects a widely accepted interpretation of this fragment as the beginning of an agon between Acrisius and Danae, in which Acrisius advocates the role of wealth in human life and Danae is the proponent of poverty. The fragments usually divided between Acrisius and Danae must all be included in Acrisius’ speech, in which he accuses Danae of her love for wealth.