Dai (DAI) Live Price Chart

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Dai (DAI) (Key metrics)
Name Price 24 hr Market Cap Circulating Supply
coinGapeDai (DAI) $1.00137220 0% $5,310,711,339 5,303,433,990

Dai (DAI) Search Trends

7d 30d 90d 1y

What is the trading volume of Dai (DAI) in the past 24 hours ?

Dai (DAI) (DAI) is currently trading at $1.00137220 today, with a 24-hour trading volume of $292,922,676. The trading volume of Dai (DAI) in the past 24 hours provides insight into the total amount of a cryptocurrency traded on exchanges within 24 hours. It indicates market activity and liquidity.

What is the all-time high for Dai (DAI) ?

The highest transaction price for Dai (DAI) is $1.3667800000, which was recorded on . Dai (DAI) is down -26.73% from its all-time high.

What is the Total supply of the Dai (DAI) ?

The total supply of Dai (DAI) stands at 5,303,394,631. However, Dai (DAI)'s current circulation supply stands at 5,303,433,990.

Dai (DAI) Explorers

Blockchain explorers such as Etherscan, Polygonscan, and BscScan are the best platforms to find out the on-chain activity of DAI stablecoin. Other examples of DAI blockchain explorers are FTMScan and Blockscout.

How is the Dai (DAI) doing against the crypto market?

Historically, Dai (DAI)'s price has dictated the movements in the crypto market. However, in the past 24 hours, Dai (DAI) is down by 0%.

Dai key events

Let’s take a look at the major events that took place in its lifecycle:

  • Rune Christensen, a Danish cryptopreneur, founded MakerDAO, which later launched Sai stablecoin as its native cryptocurrency in 2015. Sai could be collateralized by a single crypto, hence the name “Single Collateral DAI” (SAI).
  • MakerDAO launched this token along with its smart contract in 2017 on the Ethereum blockchain.
  • MakerDAO received a $15 million investment from VC firm Andreessen Horowitz and thus got ownership of 6% of the total MKR supply in 2018.
  • Christensen’s opinions on creating favorable collateral caused a diversion, and thus, MakerDAO renamed Sai as Dai in 2019. This cryptocurrency is a multi-collateral version of the old one.
  • In November, MakerDAO upgraded the technology used in this crypto to add support for 2 more cryptos other than Ether to work as collateral for this crypto: the USD Coin and the Basic Attention Token.
  • In light of extremely volatile crypto market conditions in 2022, MakerDAO stopped minting and depositing this crypto on the Aave platform.

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Dai (DAI) Frequently Asked Questions (FAQs)

1. How to buy DAI?

Just like any other cryptocurrency, this one has been listed on several crypto exchanges like Coinbase, Binance, Bybit, etc. From these platforms, one can easily buy this cryptocurrency.

2. Who accepts DAI?

Most stable coins like this one are primarily used for simplifying cryptographic conversions and trading. But due to its popularity, there are a number of merchants like WeShopCrypto, Coinstop, etc. that accept DAI token as payment.

3. What is the circulating supply of DAI?

The circulating supply of this crypto project is over 5.3 billion DAI at the time of writing in January, 2024.

DAI
USD
Bitcoin BTC
$63299.242 -1%
Ethereum ETH
$3237.758 +2.96%
Tether USDT
$1.001 +0.04%
$594.836 -1.18%
USDC USDC
$1.001 +0.06%
XRP XRP
$0.520355 -1.67%
OKB OKB
$52.762 +0.08%
Cardano ADA
$0.465104 -0.4%
Dogecoin DOGE
$0.147888 -0.97%
TRON TRX
$0.120228 -0.26%