DAI
$ 0.9996 USD
$ 0.9996 USD
$ 5.3489 billion USD
$ 5.3489b USD
$ 777.285 million USD
$ 777.285m USD
$ 4.8419 billion USD
$ 4.8419b USD
5.3478 billion DAI
Related information
Issue Time
2017-12-25
Platform pertained to
--
Current price
$0.9996USD
Market Cap
$5.3489bUSD
Volume of Transaction
24h
$777.285mUSD
Circulating supply
5.3478bDAI
Volume of Transaction
7d
$4.8419bUSD
Change
24h
+0.1%
Number of Markets
3223
Token conversion
Current Rate0
0.00USD
Historical Price
Introduction
Markets3H
+0.05%
1D
+0.1%
1W
-0.03%
1M
+0.01%
1Y
+0.13%
All
-0.58%
Dai is a stablecoin cryptocurrency created by the MakerDAO (MKR) project, a decentralized autonomous organization existing on the Ethereum blockchain. The primary purpose of Dai is to offer stability in the often volatile cryptocurrency world. Unlike other cryptocurrencies, the value of Dai is pegged to the U.S. dollar, thus maintaining a relatively stable value. The currency is backed by crypto assets that are locked into the MakerDAO system as collateral. The governance and creation of Dai tokens are managed by MKR token holders, creating a decentralized financial ecosystem. Dai also serves as a crucial component in many decentralized finance (DeFi) projects and applications. However, even though Dai is a stablecoin designed to reduce volatility, investments in crypto-assets still involve certain levels of risk. As always, potential investors should conduct thorough research and possibly consult with a financial advisor prior to investing.
Trading Products
- 1
- 2
- 3
- 4
- 5
User Reviews
News
TokenDAI drives Ethereum stablecoin volume to record highs in April
In the last few months, there has been a noticeable boost in the number of stablecoin transactions o
2024-05-07 00:09
TokenDAI Circulation Approaches 5 Billion As MakerDAO Unleashes Key Updates
In a recent announcement on the social media platform X (formerly Twitter), MakerDAO, the Ethereum-b
2024-04-12 15:06
TokenAaveDAO debates Dai collateral limit after $600M mint with eUSD backing
The Dai stablecoin has come under fire from critics since April 2, when it began to use novel stablecoin eUSD for some of its backing.
2024-04-06 05:38
TokenSpark protocol deploys new DAI markets on Morphos lending protocol
Spark, a Maker SubDAO-built DeFi infrastructure, has deployed $100 million in new DAI liquidity with
2024-03-30 01:04
IndustryBinance.US Sees Sharp Market Share Decline Following SEC Lawsuit
Binance.US has seen a sharp decline in its share of the trading volume among exchanges that support USD-to-crypto trading.
2023-06-15 03:00
IndustryBinance BUSD Drops $1 Billion in Market Cap, Falls to Fourth Among Stablecoins – Whats Going On?
Binance-branded BUSD stablecoin has lost another $1 billion in market cap, descending to the fourth position among stablecoins.
2023-06-06 15:20
IndustryAxie Infinity Price Prediction: Ronin Update Draws Attention, Investors Also Keen on Swords of Blood
P2E gaming is hot stuff right now and here’s an AXS token price prediction. We also talk about SWDTKN, another hot P2E crypto asset in the space.
2023-04-12 05:11
NewsHacker Jacob Returns Funds and Apologizes for Euler Finance’s $200 Million Exploit
The hacker behind Euler Finance's $200m exploit has returned more funds to the protocols and seemingly apologized on the blockchain. The attacker, who identified themselves as Jacob, sent 7,000 ether and $10m worth of DAI stablecoins to the protocol, bringing the total returned to over $120m.
2023-03-28 17:47
IndustryToday in Crypto: USDC Released on Stellar Throughout Coinme, THORChain Halts & Resumes Network, EOS EVM Testnet Goes Live, OKX to Apply for Hong Kong License
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
2023-03-27 08:30
15 ratings