TipRanksCryptocurrencyWhat is the Price Of Dai?

What is the Price Of Dai?

Dai Price Chart

Current Price
$1.00
Price Change (24h)>-$0.01 (>-0.01%)
24h Low - 24h High$1.00 - $1.00
24h Volume$26.17M (26,174,551.00)
Market Cap$3.31B
Volume / Market Cap0.00237
Market Cap Dominance0.11%
Circulation Supply3.32B
Total Supply3.32B
Max SupplyN/A
Hash RateN/A
All-Time High$4.22 (-76.33%)
1-Year Price Return0.10%
6-Month Price Return0.10%
3-Month Price Return0.10%
1-Month Price Return0.10%
---

Dai News & Analysis

Vince CondarcuriHut 8 (NASDAQ:HUT) Soars amid Trump Victory and Operational Update
Vince CondarcuriCrypto Exchanges See a Big Jump in Stablecoins that Could Lead to FOMO
Annika MasraniBitcoin Could Soar Post-Election, Data Suggests Big Gains Ahead
Vince CondarcuriRiot Platforms (NASDAQ:RIOT) Slides despite a Rise in Bitcoin Production
Annika MasraniU.S. Election Sparks Anticipation for Bitcoin Price Swings
Vince CondarcuriBitfarms (NASDAQ:BITF) Slips After Bitcoin Production Falls 41%
Annika MasraniKamala Harris Gains Betting Odds as Election Heats Up
Samuel O'BrientWhat Does the Polymarket Wash Trading Scandal Mean for Crypto Markets?
Read the latest Dai news and analysis from the TipRanks news team.
---

Dai FAQ

What is the price of one Dai?
The live price of Dai (DAI-USD) is $1.00.
What’s Dai All-Time High?
Dai's (DAI-USD) all-time high is $4.22.
What is the total supply of Dai?
The total supply of Dai (DAI-USD) is 3.32B coins.
What is Dai dominance?
Dai (DAI-USD) dominance is at 0.11%.
---

What is Dai?

Dai

Governed by the MakerDAO and Maker Protocol, this stablecoin is collateralized by multiple cryptocurrencies and pegged to USD. New DAI tokens can be generated by depositing cryptocurrency assets on the Maker protocol and using the collateral to borrow in DAI. The process of issuing or burning DAI is decentralized and all transactions are recorded in smart contracts, which adds transparency. Furthermore, DAI’s peg to USD provides safety against the volatility in crypto prices. The Dai ecosystem continues to grow and more than 400 applications and services have already integrated Dai.
---

Leading Cryptocurrencies

Name
Price & Change
Market Cap
Bitcoin
1.51T
Ethereum
377.64B
Solana
117.67B
Binance Coin
88.64B
Ripple
55.52B
---

Major Stock Indexes

Index
Price & Change
S&P 500
Dow Jones Industrial Average
Nasdaq 100
TipRanks Momentum Index
---

Recently Viewed

No data currently available
A reminder of which stocks you have recently viewed.​
---
What am I Missing?
Make informed decisions based on Top Analysts' activity
Know what industry insiders are buying
Get actionable alerts from top Wall Street Analysts
Find out before anyone else which stock is going to shoot up
Get powerful stock screeners & detailed portfolio analysis