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Dai price

Dai PriceDAI

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$1+0.02%1D
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Dai price chart (DAI/USD)
Last updated as of 2025-05-03 00:00:12(UTC+0)
Market cap:$5,367,572,048.1
Fully diluted market cap:$5,367,572,048.1
Volume (24h):$168,107,153
24h volume / market cap:3.13%
24h high:$1
24h low:$1
All-time high:$3.67
All-time low:$0.8973
Circulating supply:5,365,382,700 DAI
Total supply:
5,365,382,702.66DAI
Circulation rate:99.00%
Max supply:
--DAI
Price in BTC:0.{4}1032 BTC
Price in ETH:0.0005427 ETH
Price at BTC market cap:
$358.78
Price at ETH market cap:
$41.48
Contracts:
0xDA10...9000da1(Arbitrum)
Moremore
Links:

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Note: This information is for reference only.

About Dai (DAI)

What Is MakerDAO Stablecoin?

MakerDAO Stablecoin (DAI) is a pivotal project within the world of Decentralized Finance (DeFi), having emerged in 2015 following the launch of Ethereum's first mainnet. The dedicated team of developers spent two years crafting the framework that allows for the creation of DAI Stablecoin. MakerDAO, the decentralized autonomous organization behind DAI, ensures its decentralized nature and impartiality.

Additionally, MakerDAO laid the groundwork for lending and borrowing activities on the Ethereum blockchain, with the primary goal of reducing reliance on financial intermediaries and facilitating access to loans.

Unlike USDT or USDC, DAI Stablecoin's value is pegged to the US Dollar at a 1:1 ratio without the need for physical reserves. MakerDAO enables borrowers to generate DAI by depositing collateral. The supported collaterals include Ethereum (ETH), Wrapped Bitcoin (WBTC), ETH-Staked ETH Liquidity Pair on Curve v1 (CRVV1ETHSTETH), Wrapped stETH (WSTETH), and over 10 other cryptocurrencies.

One remarkable aspect of DAI is its status as an algorithmic stablecoin. Its value remains consistently pegged to US$1.00 throughout its existence due to the clever smart contract design of MakerDAO. This design governs which collaterals are accepted, the corresponding collateral ratio, and the destruction of DAI when loans are repaid. As a result, MakerDAO retains control over the circulating supply of DAI and, consequently, its value.

A crucial aspect of DAI Stablecoin's design is overcollateralization. The requirement for collaterals to exceed the amount of DAI issued by more than 100% is essential to mitigate default risk for lenders. This approach directly addresses the volatility of cryptocurrency values, thereby maintaining the peg between DAI and USD and safeguarding the value of lenders' assets.

Resources

Whitepaper: https://makerdao.com/en/whitepaper

Official website: https://makerdao.com/en/

How does MakerDAO Stablecoin work?

Taking out a loan

To initiate the issuance of DAI Stablecoins, a borrower deposits collateral, resulting in the creation of new DAI. Upon returning the original amount of DAI, the borrower's collaterals are returned, and the returned DAI is destroyed to prevent an excessive number of circulating tokens. Due to potential arbitrage activities, the borrower might earn more DAI than the original amount, allowing them to keep the difference.

Liquidation

In cases where a borrower fails to repay the loan in DAI or the collateralization ratio falls below the required level, liquidation occurs. The overcollateralization rule mandates that the collateral-to-DAI ratio must always exceed 100%, for example, 175% for wBTC. This means that if a borrower deposits US$175 in Bitcoin, they'll receive a loan of US$100 in DAI, with the remaining US$75 reserved for the mentioned extreme scenarios. To safeguard the system from impaired loans, anyone can trigger the liquidation function on the contract and receive a percentage of the balance as a reward.

What Determines MakerDAO Stablecoin Price?

The Dai stablecoin, a crucial player in the decentralized finance (DeFi) ecosystem, derives its value from an intricate system that aims to keep the current Dai price in USD as stable as possible. Engineered by MakerDAO, this system of smart contracts on the Ethereum blockchain utilizes Collateralized Debt Positions (CDPs) to determine the Dai value. Users can lock up assets like ETH in these CDPs, which are over-collateralized, thereby ensuring the Dai USD price remains stable. For example, if you were to lock up $300 worth of ETH, you could borrow up to 66% of the collateral's value in Dai, maintaining a collateralization ratio of 150%. This over-collateralization plays a pivotal role in Dai price stability.

If you're ever asking, "What is the current price of Dai?" or "Is the price of Dai going up?", the answer can be found in its robust governance and technical architecture. Real-time Dai price is a complex outcome of smart contracts, governance by MKR token holders, and automated market mechanisms. All these factors contribute to making Dai one of the most reliable assets in the cryptocurrency landscape, often leading to discussions about Dai price prediction for 2023 and beyond. This makes it essential for anyone interested in stablecoins or Dai price analysis to understand the sophisticated systems at play.

Conclusion

In conclusion, MakerDAO Stablecoin (DAI) is a pivotal project in DeFi, offering a decentralized and stable solution pegged to the US Dollar. Its innovative algorithmic design and overcollateralization ensure stability and reliability, making it a driving force in the decentralized financial ecosystem.

It's important to note that like any other cryptocurrencies, MakerDAO Stablecoin carries its own risks and it's always wise to do your own research and exercise caution while investing.

AI analysis report on Dai

Today's crypto market highlightsView report
Today's Dai price performance summaryView report

Live Dai Price Today in USD

The live Dai price today is $1 USD, with a current market cap of $5.37B. The Dai price is up by 0.02% in the last 24 hours, and the 24-hour trading volume is $168.11M. The DAI/USD (Dai to USD) conversion rate is updated in real time.

Dai Price History (USD)

The price of Dai is -0.02% over the last year. The highest price of DAI in USD in the last year was $1.01 and the lowest price of DAI in USD in the last year was $0.9992.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+0.02%$1$1
7d+0.01%$1.0000$1
30d+0.01%$0.9999$1
90d+0.00%$0.9996$1
1y-0.02%$0.9992$1.01
All-time+0.26%$0.8973(2023-03-11, 2 years ago )$3.67(2021-11-16, 3 years ago )
Dai price historical data (all time).

What is the highest price of Dai?

The all-time high (ATH) price of Dai in USD was $3.67, recorded on 2021-11-16. Compared to the Dai ATH, the current price of Dai is down by 72.74%.

What is the lowest price of Dai?

The all-time low (ATL) price of Dai in USD was $0.8973, recorded on 2023-03-11. Compared to the Dai ATL, the current price of Dai is up by 11.49%.

Dai Price Prediction

When is a good time to buy DAI? Should I buy or sell DAI now?

When deciding whether to buy or sell DAI, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget DAI technical analysis can provide you with a reference for trading.
According to the DAI 4h technical analysis, the trading signal is Buy.
According to the DAI 1d technical analysis, the trading signal is Strong buy.
According to the DAI 1w technical analysis, the trading signal is Strong buy.

What will the price of DAI be in 2026?

Based on DAI's historical price performance prediction model, the price of DAI is projected to reach $0.9461 in 2026.

What will the price of DAI be in 2031?

In 2031, the DAI price is expected to change by +16.00%. By the end of 2031, the DAI price is projected to reach $2.22, with a cumulative ROI of +122.21%.

FAQ

What is DAI?

DAI is a stablecoin created by MakerDAO. Unlike centralized stablecoins which are backed by fiat currency in a bank account, DAI is over-collateralized by digital assets (e.g., Ethereum) that are locked in a decentralized smart contract system on the Ethereum blockchain.

What is stablecoin?

A stablecoin is a cryptocurrency designed to maintain a consistent value, unlike highly volatile cryptocurrencies like Bitcoin or Ethereum. It's usually tied to a reserve, such as the US dollar, gold, or other assets. The main goal of stablecoins is to blend the advantages of cryptocurrencies, like fast transactions and security, with the stable value of traditional currencies. As a result, they're ideal for daily transactions.

How does DAI maintain its peg to the US dollar?

DAI maintains its peg through a system of Collateralized Debt Positions (CDPs). Users can lock up their assets (like Ethereum) as collateral to generate DAI. If the value of the collateral falls, the system can automatically liquidate (sell off) a portion to ensure DAI remains fully backed. There's also a mechanism where if DAI moves off its peg, the interest rate (called the Stability Fee) for borrowing DAI can be adjusted to incentivize or disincentivize its creation, pushing its price back toward $1.

How is DAI Stablecoin backed?

DAI is backed by a variety of cryptocurrency collaterals. MakerDAO allows borrowers to create DAI by depositing collateral. The types of collateral supported include Ethereum (ETH), Wrapped Bitcoin (WBTC), ETH-Staked ETH Liquidity Pair on Curve v1 (CRVV1ETHSTETH), Wrapped stETH (WSTETH), and over 10 other cryptocurrencies.

How does overcollateralization work in DAI's design?

Overcollateralization ensures that the value of collateral deposited is always more than the amount of DAI issued. For instance, with a 175% collateralization for wBTC, if you deposit US$175 in Bitcoin, you'd receive a loan of US$100 in DAI. This mechanism targets cryptocurrency volatility, maintaining the peg between DAI and USD and safeguarding lenders' assets.

Is DAI a safe investment?

DAI's smart contract has undergone multiple audits, and the system has safeguards like over-collateralization to protect its stability. However, like all crypto projects, there are inherent risks, such as smart contract vulnerabilities or extreme market conditions that could potentially affect the system. Users should always do their own research and perhaps consult financial professionals before making decisions.

What is the current price of Dai?

The live price of Dai is $1 per (DAI/USD) with a current market cap of $5,367,572,048.1 USD. Dai's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Dai's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Dai?

Over the last 24 hours, the trading volume of Dai is $168.11M.

What is the all-time high of Dai?

The all-time high of Dai is $3.67. This all-time high is highest price for Dai since it was launched.

Can I buy Dai on Bitget?

Yes, Dai is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

Can I get a steady income from investing in Dai?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Dai with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Dai Market

  • #
  • Pair
  • Type
  • Price
  • 24h volume
  • Action
  • 1
  • DAI/USDT
  • Spot
  • 0.9996
  • $2.68M
  • Trade
  • 2
  • DAI/USDC
  • Spot
  • 1
  • $47.55K
  • Trade
  • Dai Holdings

    Dai holdings distribution matrix

  • Balance (DAI)
  • Addresses
  • % Addresses (Total)
  • Amount (DAI|USD)
  • % Coin (Total)
  • 0-10 DAI
  • 341.79K
  • 69.89%
  • 456.5K DAI
    $456.51K
  • 0.01%
  • 10-100 DAI
  • 100.13K
  • 20.47%
  • 3.32M DAI
    $3.32M
  • 0.10%
  • 100-1000 DAI
  • 28.63K
  • 5.85%
  • 8.71M DAI
    $8.71M
  • 0.27%
  • 1000-10000 DAI
  • 10.61K
  • 2.17%
  • 36.77M DAI
    $36.77M
  • 1.13%
  • 10000-100000 DAI
  • 5.47K
  • 1.12%
  • 184M DAI
    $184M
  • 5.65%
  • 100000-1000000 DAI
  • 2K
  • 0.41%
  • 609.95M DAI
    $609.96M
  • 18.74%
  • 1000000-10000000 DAI
  • 411
  • 0.08%
  • 1.01B DAI
    $1.01B
  • 30.90%
  • 10000000-100000000 DAI
  • 32
  • 0.01%
  • 833.96M DAI
    $833.97M
  • 25.63%
  • 100000000-1000000000 DAI
  • 2
  • 0.00%
  • 571.44M DAI
    $571.44M
  • 17.56%
  • >1000000000 DAI
  • 0
  • 0.00%
  • 0 DAI
    $0
  • 0.00%
  • Dai holdings by concentration

    Whales
    Investors
    Retail

    Dai addresses by time held

    Holders
    Cruisers
    Traders
    Live coinInfo.name (12) price chart
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    Dai Social Data

    In the last 24 hours, the social media sentiment score for Dai was 4, and the social media sentiment towards Dai price trend was Bullish. The overall Dai social media score was 2,012, which ranks 152 among all cryptocurrencies.

    According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Dai being mentioned with a frequency ratio of 0.01%, ranking 227 among all cryptocurrencies.

    In the last 24 hours, there were a total of 63 unique users discussing Dai, with a total of Dai mentions of 108. However, compared to the previous 24-hour period, the number of unique users decrease by 7%, and the total number of mentions has decrease by 31%.

    On Twitter, there were a total of 3 tweets mentioning Dai in the last 24 hours. Among them, 100% are bullish on Dai, 0% are bearish on Dai, and 0% are neutral on Dai.

    On Reddit, there were 0 posts mentioning Dai in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 100% .

    All social overview

    Average sentiment (24h)
    4
    Social media score (24h)
    2.01K(#152)
    Social contributors (24h)
    63
    -7%
    Social media mentions (24h)
    108(#227)
    -31%
    Social media dominance (24h)
    0.01%
    X
    X posts (24h)
    3
    0%
    X sentiment (24h)
    Bullish
    100%
    Neutral
    0%
    Bearish
    0%
    Reddit
    Reddit score (24h)
    0
    Reddit posts (24h)
    0
    -100%
    Reddit comments (24h)
    0
    0%

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    Cryptocurrency investments, including buying Dai online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Dai, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Dai purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

    DAI to USD converter

    DAI
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    1 DAI = 1 USD
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    DAI resources

    Tags

    Asset-Backed Stablecoin

    Dai ratings

    Average ratings from the community
    4.6
    100 ratings
    This content is for informational purposes only.

    Bitget Insights

    AMBWEB3
    AMBWEB3
    15h
    PI NETWORK FUNDAMENTAL 💥
    Market Capitalization na $Pi har yanzu tana kusan billions huɗu da rabi ne $4.3B akan Circulating Supply guda biliyan bakwai 7B- Abinda Pi Core team suka yi raised ita ce! Dollar billions $15B a initial Pi ya fito $3+ ne, Idan mukayi division ➗ initial circulation na Pi da kuɗaɗen da suka tara $15 billions. Kowane Per $Pi zai tashi ne a $3+ dollars din da ya fito kasuwa, Kenan yanzu babu sauran Market Dynamics mai karfi da za a samu daga Core team - Sai dai abar kasuwan tayi halinsa traders da market makers - Tun a initial price Core team sun sani cewa ita ce! Bigger one last price raised nasu! to dole Core team na bukatar siyar da tokens holder dinsu a Higher price. Ko kuma suke sayarwa kaɗan-kadan har ya kare a kara tara na Buyback team a daf da lokacin market conditions mai kyau! Pi Network ba shakka sun faro daga High ne zuwa lower sabanin mafi yawa suna farawa ne da lower zuwa High - Shiyasa a Prediction nawa na tafi akan lower price $0.1 daga baya idan an samu Market conditions mai kyau a tafi Moon. Amma Pi Network ya fara ne daga High zuwa lower price yanzu kamar karɓa suke daga masu zuba jari zasuyi amfani da wannan daman a lokacin market conditions mai kyau da zamu tunkaro especially a wannan market cycle da muke ciki na Bull-run, dole ana bukatar tattara kudaden traders da market makers kafin a tafi Moon. Allah YaSa Mu Dace 👏☘️📊
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    TechBeastz
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    Discover the Next Big Opportunities: Top 3 Coins to Invest in Now As the crypto market continues to evolve, smart investors are always on the lookout for the next big opportunity. Here are three promising coins that deserve your attention right now. 1. Dai (DAI): As a stablecoin backed by crypto assets, Dai offers a unique position in the market as a decentralized and stable alternative. With its robust governance model, it provides a reliable refuge during volatility. 2. Algorand (ALGO): Known for its lightning-fast transactions and sustainable blockchain infrastructure, Algorand is gaining traction among developers and enterprises. Its focus on scalability and security makes it an appealing option for new projects. 3. Filecoin (FIL): As a decentralized storage network, Filecoin is poised to revolutionize data storage. Its unique incentive model attracts users while addressing the rising demand for cloud solutions, making it a solid bet for long-term growth. Investing in these innovative coins can potentially yield significant returns as the market matures. Each offers unique features that set them apart in this competitive landscape.
    CLOUD+0.67%
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    Ameertee
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    Cryptocurrency: A Visual Guide to the Financial Revolution
    1. The Problem with Traditional Finance [🖼️ *Visual: Side-by-side comparison of Banks vs. Crypto*] | Traditional Banking | Cryptocurrency | |----------------------------------|-----------------------------------| | ❌ 2-5 day wire transfers | ✅ Instant global transactions | | ❌ $30-$50 international fees | ✅ <$0.01 fees (e.g., Solana) | | ❌ Requires ID, credit history | ✅ Accessible with smartphone | Key Stat - 🔢 **1.7B unbanked adults** could access finance via crypto. 2. How Blockchain Works (Simplified) [🖼️ *Visual: Blockchain as digital "blocks" linked in a chain*] 🔹 **Decentralized**: No single owner (run by 1000s of computers). 🔹 **Transparent**: All transactions public (but pseudonymous). 🔹 **Immutable**: Data can’t be altered (hack-proof). Example - 💸 Sending Bitcoin is like **emailing cash**—no bank needed. 3. Crypto’s Evolution: A Timeline [🖼️ *Visual: Roadmap from 2009 to 2030+*] -2009 Bitcoin launches (digital gold). - 2015 Ethereum adds smart contracts. - 2020 DeFi boom ($100B+ locked). - 2024 Spot Bitcoin ETFs approved (Wall Street enters). - 2030 Prediction: 50% of remittances via crypto. 4. Real-World Use Cases [🖼️ *Visual: Icons representing each use case*] - 🌍 Remittances Save $30B/year in fees (World Bank data). - 🏦 Inflation hedge Argentina, Turkey adopt stablecoins. - 🎨 **NFTs**: Artists earn royalties directly (no galleries). Did You Know? - 🎮 Axie Infinity players in the Philippines earn 3x*minimum wage. 5. Risks & How to Mitigate Them [🖼️ *Visual: Warning signs with shield icons*] | **Risk** | **Solution** | |-------------------------|----------------------------------| | Volatility | Stablecoins (USDC, DAI) | | Scams | Use Coinbase/Kraken (regulated) | | Lost passwords | Hardware wallets (Ledger) | Key Rule - 🔐 **"Not your keys, not your crypto"**—self-custody matters. 6. The Future: What’s Next? [🖼️ *Visual: Emerging tech clusters*] - 🤖 **AI + Crypto**: Decentralized data marketplaces. - 🏠 **Tokenized real estate**: Buy/sell property in minutes. - 🏛 **CBDCs**: Governments launch digital currencies (privacy concerns). Prediction - 📈 By 2030, crypto could power **10% of global GDP**. Why This Matters [🖼️ *Visual: Globe with crypto networks wrapping it*] Cryptocurrency isn’t just money—it’s **a new operating system for the world economy**. 🔗 Learn → Use → Build
    X-0.12%
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    Bpay-News
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    1d
    The Sky community is considering a final proposal to replace MKR with SKY as the only governance token Atlas Axis, the core governance design team of Sky (formerly MakerDAO), submitted a proposal on Wednesday that, if approved, would complete the protocol upgrade from MKR to SKY. The shift would make SKY the only governance token and support staking, unlocking USDS rewards for SKY holders. Sky co-founder Rune Christensen praised the proposal as a "huge milestone" in a forum post. While USDS and SKY were launched as upgraded tokens, DAI and MKR are still in circulation, and users can choose to convert their holdings to the new tokens, allowing for a gradual transition.
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    Cryptopolitan
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    Stablecoins flipped the script to surpass Visa in transaction volume
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