Dai (DAI): Price, Charts and Market Cap

Dai Dai website
Symbol DAI
Nature Coin
Brief Dai is an asset-backed, hard currency for the 21st century. The first decentralized stablecoin on the Ethereum blockchain. With Dai, anyone, anywhere has the freedom to choose a money they can place their confidence in.
Discussion https://makerdao.com/
Last updated: Tuesday, October 22, 2019 3:59:07PM UTC
Current price, USD: 1.005
Current price, BTC: 0.0001221
Market capitalization, USD: 84 785 201
Available supply: 84 395 198 DAI
Volume 24 hours, USD: 19 262 166
Mineable No

Dai general information

General DAI facts, technical details and general information about Dai crypto currency


Dai is an asset-backed, hard currency for the 21st century. The first decentralized stablecoin on the Ethereum blockchain. With Dai, anyone, anywhere has the freedom to choose a money they can place their confidence in. A money that maintains its purchasing power. Dai is a reliable source of stability in the face of volatility. Every Dai is backed in excess by collateral at all times, so you never have to worry about its value moving up or down.

Historical data for Dai

We list daily Dai historical data for the past 10 days

Date Open, $ Min, $ Max, $ Market cap, $
Oct 13 1.003 0.984 1.012 84 990 825
Oct 14 1.003 1.001 1.015 85 118 586
Oct 15 1.007 0.998 1.012 85 351 247
Oct 16 1.009 0.989 1.012 85 031 777
Oct 17 1.006 1.001 1.013 85 004 756
Oct 18 1.004 0.999 1.008 84 352 621
Oct 19 1.000 1 1.015 84 793 690
Oct 20 1.007 1.001 1.012 84 405 201
Oct 21 1.002 0.994 1.012 85 351 361
Oct 22 1.006 0.999 1.009 84 785 201

DAI/USD Exchange Rates


DAI to USD price chart — 7 days

DAI to USD price chart — 30 days

DAI to USD price chart — 60 days

DAI to USD price chart — 6 months

Dai

Dai (DAI) price change (24h)

DAI price change 24 hours 0.12%
DAI price change 7 days -0.0%
Dai Price Prediction

Interestingly, but even though DAI is a stablecoin pegged to the US Dollar, and with the special automatic mechanisms, in-built in its Ethereum contract, the return on investment of that specific cryptocurrency has been calculated at 9.74%. This mechanism is pretty interesting as it corrects any discrepancies in the price of DAI and USD. It has been listed on numerous crypto exchanges, though only one of them - Bitinka - shows decent trading volumes of $6 million/day. However, there have been numerous facts which suggest that Bitinka impedes the withdrawals in DAI, which cleated a bad rep for this coin.

Joseph   October 3, 2019  

Can it be anymore obvious that we need DAI more than ever? The Tether scandal is just another reason why USDT needs to finally become extinct and DAI needs to become a de-facto stable coin for ERC-20 tokens. It no longer makes any sense that we keep falling for the tricks of USDT and Bitfinex, while the rest of us get affected by falling prices. Stable coins are actually necessary in crypto, and DAI is our best bet.

Phillip   April 28, 2019  

DAI is still the top stable coin. Who needs anything else once you've got DAI? It's obvious that it's going to take over the majority of the market since you can do leverage trades on it. Just wait for the next bull run, it's going to be fun watching DAIs use go through the roof.

Bob   April 1, 2019  

MKR and DAI have to be cryptos last hope. Besides bitcoin, what really hold value in this market? Nothing is able to hold consistent value besides stable coin projects like DAI. Bitcoin makes sense because it was first to market, and DAI is a transfer of stable value that never actually fluctuates. It makes no sense to use any other coins because they are really just subcriptions to platforms. This is why we've seen -97% drops in the majority of the market. I'm not saying DAI is invincible, but it does show that it's not going anywhere since huge amounts of money flow in and out of DAI contracts.

Tim   March 16, 2019  

Ok, DAI is amazing. I just colaterized ETH to to margin trade and it's been working perfectly. DAI makes much more sense as a stable coin and I hope more people become aware of its use case. I'm in no hurry though, I know a successful project when I see one. DAI is going to become an integral part of the Ethereum ecosystem as it expands.

Roger   February 28, 2019  

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