+0.50%
N/A
(24H)
0.00001042 BTC
+1.52%
(24H)
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$5.38 B
$141.08 M
5.37 B DAI
N/A
5.37 B DAI
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Ethereum
0x6b175474e89094c44da98b954eedeac495271d0f
Boba Network
0xf74195Bb8a5cf652411867c5C2C5b8C2a402be35
Harmony
0xef977d2f931c1978db5f6747666fa1eacb0d0339
Dai’s price today is US$1.00, with a 24-hour trading volume of $141.08 M. DAI is +0.00% in the last 24 hours.DAI has a circulating supply of 5.37 B DAI.
Dai (DAI) is a decentralised, collateral-backed stablecoin that is soft-pegged to the US dollar and is based on the Ethereum blockchain. Dai is backed by collateralised assets, which is composed of other cryptocurrencies held within smart contracts every time new DAi is minted.
Created in December 2017 by decentralised autonomous organisation MakerDAO and crypto lending platform Maker Protocol. The current iteration of DAI was created in December 2019, replacing its previous stablecoin iteration known as the Single Collateral Dai (SAI).
When the current iteration of DAI was released in 2019, it was generated through the Maker Protocol, a smart contract lending platform that offers loans to users who lock in their collateral in the form of cryptocurrencies. This collateral is then exchanged for DAI, which is a multi-collateral asset provided by Maker, which soft-pegs DAI to the US dollar to help mitigate price volatility.
Dai services crypto traders and investors in need of safe-haven assets to their portfolios. Dai’s relatively stable price helps offset significant market fluctuations, making it a blockchain-native solution for crypto users.
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Dai Price
$1.00
24h high / 24h low
N/A
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Amount
DAI
Rate is for reference only. Updated
Ethereum
0x6b175474e89094c44da98b954eedeac495271d0f
Boba Network
0xf74195Bb8a5cf652411867c5C2C5b8C2a402be35
Harmony
0xef977d2f931c1978db5f6747666fa1eacb0d0339
Dai Price
$1.00
24h high / 24h low
N/A
7d high / 7d low
N/A
30d high / 30d low
N/A
90d high / 90d low
N/A
All-time high / All-time low
N/A
Trending
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