Dai (DAI) price, chart, coin profile and news

Find the latest Dai (DAI) price, coin profile, news and history to get you started with Dai trading and investing.

Dai
DAI- USD
$1.00
+ $0.0004 ( + 0.04%)
AVALANCHE-ECOSYSTEM

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What is Dai?

One of the key barriers to the widespread adoption of cryptocurrencies is their volatility. Bitcoin, Ethereum and other major digital currencies regularly experience substantial price fluctuations. To counter this, stablecoins – tokens pegged to the value of an underlying asset – were introduced.

MakerDAO is the company behind Maker, a smart contracts platform designed to back and stabilise the value of the Dai stablecoin.

DAI is a collateral-backed cryptocurrency designed to have a stable value relative to the US dollar. Anyone who has Ethereum assets can leverage them to generate Dai on the Maker platform through smart contracts known as Collateralised Debt Positions, or CDPs.

Dai (DAI) is the 15th largest cryptocurrency in the world by market cap, valued at $6,207,264,517. The current price of Dai is $1.4028, which is -0.033% lower than yesterday. Prices have ranged between $1.4084 and $1.3986336 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 27, 2022 05:05 UTC.

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Dai (DAI) price

Use our graph to track the performance of (DAI) over time.

Dai at a glance

Information last updated May 27, 2022 05:05 UTC.
Coin symbol DAI
Coin Marketcap AUD$6,207,264,517
Total DAI supply 6,194,448,283
Circulating DAI 6,194,448,283
Current price AUD$1.4028
All time high AUD$2.394
All time high date March 13, 2020
Notable team members Rune Christensen
Partnerships Althea, Axie Infinity
Industry Stablecoins
Token uses Stablecoin
Network Ethereum

Dai price performance over time

Historical prices compared with the price of $1.4028.

1 hour 0.17%
24 hours -0.03%
7 days -0.05%
14 days 0.18%
30 days 0.17%
60 days 0.34%
200 days 0.30%
1 year 0.35%

Disclaimer: Cryptocurrencies, including Dai, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of DAI is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Dai or any other cryptocurrency discussed.

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