Coins
22,139
Market Cap
$2,568.19 B USD
24H Change

+1.16%

24H Volume
$58.15 B USD
Dominance
BTC: 50.36%, ETH: 17.06%
ETH Gas
8 Gwei

DAI

Dai

DAI

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$0.998 USD

N/A

(24H)

0.00001497 BTC

-0.90%

(24H)

Dai Price Chart (USD)

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Market Cap (USD)

$5.34 B

24H VOLUME (USD)

$478.31 M

Circulating Supply

5.35 B DAI

Max Supply

N/A

Total Supply

5.35 B DAI

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General Information

Contract Address

  • icon

    Ethereum

    0x6b175474e89094c44da98b954eedeac495271d0f


  • icon

    Boba Network

    0xf74195Bb8a5cf652411867c5C2C5b8C2a402be35


  • icon

    Harmony

    0xef977d2f931c1978db5f6747666fa1eacb0d0339


About Dai

Rank #22

Dai Price Summaries

Latest Data

Dai’s price today is US$0.998, with a 24-hour trading volume of $478.31 M. DAI is +0.00% in the last 24 hours.DAI has a circulating supply of 5.35 B DAI.


What is 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.

A brief history of Dai

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).

How Dai works

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.

What is Dai used for?

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.

More about Dai

Website

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DAI Price Statistics

Dai Price

$0.998

24h high / 24h low

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30d high / 30d low

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Trending

Currency Converter

Amount

DAI

DAI

1 DAI = 0.998 USD

Rate is for reference only. Updated

General Information

Contract Address

  • icon

    Ethereum

    0x6b175474e89094c44da98b954eedeac495271d0f


  • icon

    Boba Network

    0xf74195Bb8a5cf652411867c5C2C5b8C2a402be35


  • icon

    Harmony

    0xef977d2f931c1978db5f6747666fa1eacb0d0339


DAI Price Statistics

Dai Price

$0.998

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

Company

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