$ 1.0002 USD
$ 1.0002 USD
$ 5.3477 billion USD
$ 5.3477b USD
$ 142.945 million USD
$ 142.945m USD
$ 933.247 million USD
$ 933.247m USD
5.3478 billion DAI
Issue Time
2017-12-25
Platform pertained to
--
Current price
$1.0002USD
Market Cap
$5.3477bUSD
Volume of Transaction
24h
$142.945mUSD
Circulating supply
5.3478bDAI
Volume of Transaction
7d
$933.247mUSD
Change
24h
-0.02%
Number of Markets
3344
Current Rate0
0.00USD
3H
+0.12%
1D
-0.02%
1W
+0.16%
1M
-0.09%
1Y
+0.17%
All
-0.58%
Dai is a stablecoin cryptocurrency created by the MakerDAO (MKR) project, a decentralized autonomous organization existing on the Ethereum blockchain. The primary purpose of Dai is to offer stability in the often volatile cryptocurrency world. Unlike other cryptocurrencies, the value of Dai is pegged to the U.S. dollar, thus maintaining a relatively stable value. The currency is backed by crypto assets that are locked into the MakerDAO system as collateral. The governance and creation of Dai tokens are managed by MKR token holders, creating a decentralized financial ecosystem. Dai also serves as a crucial component in many decentralized finance (DeFi) projects and applications. However, even though Dai is a stablecoin designed to reduce volatility, investments in crypto-assets still involve certain levels of risk. As always, potential investors should conduct thorough research and possibly consult with a financial advisor prior to investing.
Although MakerDAOs dai (DAI) might be the most successful decentralized stablecoin, last year founde
2024-06-08 04:06
In the last few months, there has been a noticeable boost in the number of stablecoin transactions o
2024-05-07 00:09
In a recent announcement on the social media platform X (formerly Twitter), MakerDAO, the Ethereum-b
2024-04-12 15:06
The Dai stablecoin has come under fire from critics since April 2, when it began to use novel stablecoin eUSD for some of its backing.
2024-04-06 05:38
Spark, a Maker SubDAO-built DeFi infrastructure, has deployed $100 million in new DAI liquidity with
2024-03-30 01:04
Binance.US has seen a sharp decline in its share of the trading volume among exchanges that support USD-to-crypto trading.
2023-06-15 03:00
Binance-branded BUSD stablecoin has lost another $1 billion in market cap, descending to the fourth position among stablecoins.
2023-06-06 15:20
P2E gaming is hot stuff right now and here’s an AXS token price prediction. We also talk about SWDTKN, another hot P2E crypto asset in the space.
2023-04-12 05:11
The hacker behind Euler Finance's $200m exploit has returned more funds to the protocols and seemingly apologized on the blockchain. The attacker, who identified themselves as Jacob, sent 7,000 ether and $10m worth of DAI stablecoins to the protocol, bringing the total returned to over $120m.
2023-03-28 17:47
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