Dai (DAI)
$0.9999 USD · 0.9999 USD
Crypto-backed Stablecoin
Decentralized Finance (DeFi)
Ethereum Ecosystem
Fiat-backed Stablecoin
Stablecoins
USD Stablecoin
- Market cap rank
- 22
- Market cap
- 4,583,016,943
- Circulating supply
- 4,583,095,860
- 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.
- Token standard
- erc-20
- 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.
Mid-market rate
1 DAI = 0.9999 USD
Sell DAI
Buy DAI instead
| Exchange | Price | Payment | |
|---|---|---|---|
| Kraken Best rate CEX · 7s | 0.9998 USD | Exchange balance | Sell Sell here |
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