Dai Creator Rune Christensen on Terra's Collapse
The MakerDAO founder wasn’t in the mood to say “I told you so,” following Terra’s stablecoin collapse, on CoinDesk TV’s “First Mover.”
Dai price
(DAI / USD)
Market stats
$6.8B
$228.6M
-1.19%
6.8B DAI
21 days
#10
$3.67
-0.01%
+0.02%
+0.01%
Get crypto for getting started
Jump start your portfolio with free crypto after you sign up. Terms apply.
About Dai
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
Resources
Dai is on the rise this week.
The price of Dai has risen by 0.01% in the past 7 days. The price increased by 0.02% in the last 24 hours. In just the past hour, the price shrunk by 0.01%. The current price is $0.99985 per DAI. Dai is 72.76% below the all time high of $3.67.
The current circulating supply is 6,771,937,999.816 DAI.
Dai on social media.
Dai was mentioned in 358 out of 1,755,926 social media posts on Twitter and Reddit on Jun 25, 2022. 285 unique individuals are talking about Dai and it is ranked #248 in most mentions and activity from collected posts.
Powered by LunarCrush
Top stories
Stablecoin Supply, Airdrop Rumours & FX Stablecoin Pools
Chart of The Day: Circulating Supply of USDT and DAI Dips Amid Contagion Fears Among the four top stablecoins, USDT […] The post Stablecoin Supply, Airdrop Rumours & FX Stablecoin Pools appeared first on Delphi Digital.
Maker DeFi Token Jumps 30% as Users Turn to DAI Stablecoin Amid Terra's Collapse
Amid Terra's collapse, investors have flocked back to Maker's native governance token and the DeFi protocol's native stablecoin DAI.
MakerDAO’s Real World Push Gains Moo-mentum with Aussie Beef Play Deal Shows Utility of DeFi in a Rough Week
Deal Shows Utility of DeFi in a Rough Week
Maker’s MKR Token Surges 30% and Stablecoin DAI Leapfrogs UST
While Maker's token MKR surged, its stablecoin DAI also became the fourth largest stablecoin by market cap due to UST's crash.
Coinbase Bytes
The week’s must-know crypto news, sent right to your inbox
Popular cryptocurrencies
A selection of cryptocurrencies in the top 50 by market cap.
Recently added
![Drep [new]](https://dynamic-assets.coinbase.com/0c3725b31ded8d3415cd35f76c10ede30ed97167ec81946e33ebedaeadfa635d5beb689c1bacf720d2313e886f7475a6fb4770f1832965fb4c083b112f42f621/asset_icons/c883d029bf1b44acbdd8a3e42899eb7ab20d11ce3e54115a11039480c215254e.png){kind=icon}
Comparable market cap
Of all the assets on Coinbase, these 8 are the closest to Dai in market cap.
