Currencies
2456
Market Cap
$ 352.70B
-2.74%
24h Spot Volume
$ 7.82B
+4.17%
BTC Dominance
55.92%
+2.24%
Dai [DAI]
 
Rank: 25
Token: Ethereum
Stablecoin
USD 1.01
-0.18
BTC 0.0000944
0.24
ETH 0.00285
-0.97

Multi-Collateral Dai is a token of the Maker Protocol, which includes the Dai Savings Rate (DSR) and additional collateral asset types.

Market Cap

$ 926,482,489
Ƀ 86,855
ATH: $ 1,175,608,403 

24h Trade Volume

$ 16,631,420
Ƀ 1,559
DAI 16,514,636

Supply

Circulating:
DAI 919,976,854(99.95%)
Total:
DAI 920,476,122

All-Time-High (ATH) Price

$ 1.28 (13 Mar 2020)
Ƀ 0.000278 (13 Mar 2020)
Ξ 0.012 (13 Mar 2020)
From ATH: -21.2%

Dai (DAI) is a cryptocurrency token generated on the Ethereum blockchain.

The total supply of Dai that will ever be issued is 920.48 Millions tokens, and the current supply of DAI in circulation is 919.98 Millions tokens.

Current Dai price is $ 1.01 moved down to -0.18% for the last 24 hours.

All time high (ATH) price of Dai reached $ 1.28 on 13 Mar 2020 and fallen -21.2% from it.

Dai's share of the entire cryptocurrency market is 0.26% with the market capitalization of $ 926.48 Millions.

Dai’s 24 trading volume is $ 16.63 Millions. It is trading on 45 markets and 26 Exchanges the most active of them is DragonEx.

Dai Price Chart

Dai price Index provides the latest DAI price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

The Dai to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

DAI to USD Converter

DAI

Dai Performance USD

PeriodChangeChange (%)HighLow
24H-$ 0.00184-0.18%$ 1.01$ 1.01
7D-$ 0.00844-0.83%$ 1.02$ 1.01
1M-$ 0.00311-0.31%$ 1.05$ 1.00
3M$ 0.00295+0.29%$ 1.09$ 0.996
6M-$ 0.0206-2.00%$ 1.09$ 0.988
YTD$ 0.0123+1.24%$ 1.28$ 0.988

What is Dai

Multi-Collateral Dai is a token of the Maker Protocol, which includes the Dai Savings Rate (DSR) and additional collateral asset types. 

The Dai Stablecoin is a collateral-backed cryptocurrency whose value is stable relative to the US Dollar. Unlike other Stablecoins, Dai is completely decentralized3.

Users can obtain Dai by buying it from brokers or exchanges, and Dai holders can utilize a special mechanic known as the Dai Savings Rate to earn a steady, low-risk return on their holdings.

Maker is a smart contract platform on Ethereum that backs and stabilizes the value of Dai through a dynamic system of Collateralized Debt Positions, autonomous feedback mechanisms, and appropriately incentivized external actors.

Maker enables anyone to leverage their Ethereum assets to generate Dai on the Maker Platform. Once generated, Dai can be used in the same manner as any other cryptocurrency: it can be freely sent to others, used as payments for goods and services, or held as long term savings. Importantly, the generation of Dai also creates the components needed for a robust decentralized lending platform.