Dai DAI Price, Live Charts, and News in United States

Name: Dai
Brand: Cryptocurrency
SKU: DAI
Price: 0.99985 USD
Availability: InStock

Dai

DAI

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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.

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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.

Market

Market stats

Market cap

$5.3B

Volume (24h)

$772.2M

Circulating supply

5.3B DAI

Typical hold time

8 days

Popularity

#22

All time high

$1.37

Price change (1h)

-0.02%

Price change (24h)

-0.02%

Price change (7d)

News about Dai

The Block • Apr 26, 24

Rolling the DAI-ce: MEV activity is leading the surge

Last week, DAI did over $50 billion in transfers on-chain, with the $86 billion of volume on April 17 marking the highest day of volume for the stablecoin ever.

The Defiant • Apr 25, 24

Franklin Templeton Enables P2P Transfers for BENJI Fund

The asset management firm’s $380 million OnChain U.S. Government Money Fund commands nearly a third of the tokenized Treasuries sector.

The Block • Apr 23, 24

CoinFund and Distributed Global lead $5.5 million seed round for decentralized AI firm Prime Intellect

Prime Intellect plans to create a decentralized protocol for ownership over collaboratively trained AI models.

BeInCrypto • Apr 02, 24

Ethena Protocol’s USDe Gains MakerDAO’s Vote of Confidence With $600 Million Stake

MakerDAO contemplates a significant DAI allocation to the growing USDe synthetic dollar stablecoin.The post Ethena Protocol’s USDe Gains MakerDAO’s Vote of Confidence With $600 Million Stake appeared first on BeInCrypto.

Blockworks • Mar 14, 24

Maker moves to meet demand for DAI

SparkLend has been approved for a doubling of its debt ceiling to 2.5 billion DAI

The Block • Nov 29, 22

MakerDAO is voting on increasing yield for the dai stablecoin

MakerDAO's governance forum is voting to increase the dai savings rate (DSR), which is the rate of interest the protocol pays to dai stakers.

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Social

Some highlights about Dai on social media

87 unique individuals are talking about Dai and it is ranked #343 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Dai has an average sentiment score of 4 out of 5. Finally, Dai is becoming more newsworthy, with 0 news articles published about Dai. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly neutral about Dai. There were 41.03% of tweets with bullish sentiment compared to 3.85% of tweets with a bearish sentiment about Dai. 55.13% of tweets were neutral about Dai. These sentiments are based on 78 tweets.

On Reddit, Dai was mentioned in 2 Reddit posts and there were 6 comments about Dai. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

Overview

Contributors

87 people

Volume rank

#343

Average Sentiment

4 out of 5

Twitter

Tweet Count

78 people

Sentiment

41.03%

Bullish

55.13%

Neutral

3.85%

Bearish

Post Score

Comment Score

Dai Calculator

How much is 1 DAI?

Conversion Table

DAI/USD (United States Dollar)

$1.00

DAI/CAD (Canadian Dollar)

CA$1.37

DAI/GBP (British Pound)

£0.80

DAI/JPY (Japanese Yen)

¥158.24

DAI/INR (Indian Rupee)

₹83.39

DAI/BRL (Real)

R$5.12

DAI/EUR (Euro)

€0.93

DAI/NGN (Nigerian Naira)

NGN 1,319.18

DAI/KRW (South Korean Won)

₩1,377.86

DAI/SGD (Singapore Dollar)

S$1.36

Guides

Coinbase

How to Buy Dai

Good news! You can buy Dai on Coinbase's centralized exchange. We've included detailed instructions to make it easier for you to buy Dai.

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Dai price is unchanged in the past week.

The current price is $1.00 per DAI with a 24-hour trading volume of $772.21M. Currently, Dai is valued at 26.85% below its all time high of $1.37. This all-time high was the highest price paid for Dai since its launch.

The current circulating supply of Dai is 5,347,888,595.746 DAI which means that Dai has as total market cap of 5,347,888,595.746.

FAQ

What is the current price of Dai?

We update our Dai to USD currency in real-time. Get the live price of Dai on Coinbase.

What is the market cap of Dai?

The current market cap of Dai is $5.35B. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Dai?

The all-time high of Dai is $1.37. This all-time high is highest price paid for Dai since it was launched.

What is the 24 hour trading volume of Dai?

Over the last 24 hours, the trading volume of Dai is $772.21M.

What other assets are similar to Dai?

Assets that have a similar market cap to Dai include Chainlink, Polkadot, Polygon, and many others. To see a full list, see our comparable market cap assets.

How many Dai are there?

The current circulating supply of Dai is 5.3 billion.

What is the typical holding time of Dai?

The median time that Coinbase customers hold Dai before selling it or sending it to another account or address is 8 days.

What is the relative popularity of Dai?

Dai ranks 60 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Dai?

Currently, 97% of Coinbase users are buying Dai. In other words, 97% of Coinbase customers have increased their net position in Dai over the past 24 hours through trading.

Can I buy Dai on Coinbase?

Yes, Dai is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Dai guide.

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