|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.|
|Last updated:||Monday, November 30, 2020 1:00:02AM UTC|
|Crypto Volatility Index (CVIX):||1|
|Current price, USD:||1.00|
|Market capitalization, USD:||1 034 140 720|
|Available supply:||1 030 329 809 DAI|
|Volume 24 hours, USD:||84 260 033|
General DAI facts, technical details and general information about Dai crypto currency
Dai (DAI) is a USD-pegged stablecoin built on the Ethereum blockchain, and has no centralized authority. Its $1 USD equivalent is maintained through automatic pricing mechanisms built into smart contracts. When Dai is worth more than $1, the smart contract pricing mechanisms works to decrease the price. Conversely, when Dai is worth below $1, the smart contract pricing mechanisms works to increase the price. Dai can be freely traded like any other ERC20 token, and anyone with an Ethereum wallet can own, accept, and transfer it without a middleman.
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.
The world’s first unbiased currency. Dai is a stable, decentralized currency that does not discriminate. Any individual or business can realize the advantages of digital money.
Lock your Dai with the other 249.82M earning the Dai Savings Rate set by the Maker community. Anyone with an internet connection can deposit DAI, and earn savings instantly. No fees. No minimums. No speculation.
When there was too much risk and volatility in the markets I decided to trade for DAI and deposit it in Oasis Save. It gave me peace of mind because I knew what my return would be, no more sleepless nights worrying about flash crashes
We list daily Dai historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Nov 21||1.00||1.00||1.00||1 020 467 472|
|Nov 22||1.00||1.00||1.00||1 020 630 329|
|Nov 23||1.00||1.00||1.00||1 021 542 674|
|Nov 24||1.00||0.999879||1.00||1 041 021 452|
|Nov 25||1.00||1.00||1.00||1 046 665 373|
|Nov 26||1.00||1.00||1.01||1 015 606 358|
|Nov 27||1.00||1.00||1.00||1 018 155 228|
|Nov 28||1.00||1.00||1.01||1 018 421 384|
|Nov 29||1.00||1.00||1.00||1 033 747 748|
|Nov 30||1.00||1.00||1.00||1 034 140 720|
|DAI price change 24 hours||0.14%|
|DAI price change 7 days||0.27%|
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...
Joseph October 3, 2019 DAI
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...
Phillip April 28, 2019 DAI
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...
Bob April 1, 2019 DAI
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...
Tim March 16, 2019 DAI
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...
Roger February 28, 2019 DAI
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