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TipRanksCryptocurrencyWhat is the Price Of Dai?

What is the Price Of Dai?

Dai Price Chart

Current Price
$1.00
Price Change (24h)<$0.01 (0.14%)
24h Low - 24h High$1.00 - $1.01
24h Volume$63.74M (63,654,059.00)
Market Cap$3.43B
Volume / Market Cap0.00091
Market Cap Dominance0.0860%
Circulation Supply3.44B
Total Supply3.44B
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%
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Dai News & Analysis

Joel BagloleSEC Chair Gary Gensler to Step Down
Kody R. KesterHere’s Why Block (NYSE:SQ) Could be an Attractive Growth Stock to Buy
Vince CondarcuriFive-Star Analyst Praises Microstrategy’s (MSTR) Plan with $570 Price Target
William WhiteMicrostrategy (NASDAQ:MSTR) Wants Even More Bitcoin Under Its Belt
Joel BagloleBitcoin (BTC) Rises to Record High Above $94,000
Annika MasraniSpot Bitcoin & Ethereum ETFs See Record Inflows as Market Hits New Highs
Joel BagloleMicroStrategy (MSTR) Buys $4.6 Billion of Bitcoin
Sirisha BhogarajuShareholder Alert for Iris Energy (NASDAQ:IREN)
Read the latest Dai news and analysis from the TipRanks news team.
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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 3.44B coins.
What is Dai dominance?
Dai (DAI-USD) dominance is at 0.0860%.
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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.
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Leading Cryptocurrencies

Name
Price & Change
Market Cap
Bitcoin
1.96T
Ethereum
400.69B
Solana
150.96B
Ripple
146.19B
Binance Coin
89.98B
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Major Stock Indexes

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