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Savings Dai sDAIPrice $ 1.17
Rank: 133
sDAI Price
General Info
Contracts/Explorers:
Ethereum
Savings Dai (sDAI) Chart
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sDAI
What is Savings Dai (sDAI)?
Savings Dai (sDAI) is a tokenized representation of Dai deposited in the Dai Savings Rate (DSR) offered by MakerDAO. The sDAI token enables users to receive returns on their DSR deposits while still being able to transfer, stake, lend and use it in any way they want. sDAI increases in value according to the DSR, as its Dai denominated value gradually increases over time. sDAI is an accumulating token, not a rebasing token. Each sDAI is fungible and always instantly redeemable for DAI.
Savings Dai Price Today
Savings Dai's current price is $ 1.17, it has dropped -0.04% over the past 24 hours.
Savings Dai's All Time High (ATH) of $ 2.58 was reached on 3 Sep 2024, and is currently -54.7% down.
The current circulating supply of Savings Dai is 429.57 Million tokens, and the maximum supply of sDAI is unlimited.
Savings Dai’s 24 hour trading volume is $ 277.94 Thousands.
Savings Dai's current share of the entire cryptocurrency market is 0.01%, with a market capitalization of $ 501.73 Million.
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