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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