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Market cap rank
22
Market cap
4,597,920,538
Circulating supply
4,598,336,381
Max supply

About Dai

Dai is a stablecoin issued by the MakerDAO protocol. It is designed to maintain a value pegged to the US dollar. The token is collateralized by multiple assets, as part of the Multi-collateral DAI (MCD) system. It operates within the Ethereum ecosystem and is used in decentralized finance (DeFi) applications.

  • Dai is a decentralized stablecoin that is not backed by a central authority.
  • It is collateralized by a variety of cryptocurrencies, not just a single asset.
  • The MakerDAO protocol uses smart contracts to manage the stability of Dai.
  • Dai is widely used in DeFi applications for lending, borrowing, and trading.
Token standard
erc-20

Local market

Compare Dai offers near you

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Mid-market rate 1 DAI = 0.9999 USD via coingecko · 2m 10s ago Offers updated 1m 47s ago
Exchange Price
Kraken Best rate CEX · 1m · Funding terms not covered yet 0.9997 USD Sell

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