$ 1.0002 USD
$ 1.0002 USD
$ 5.3657 billion USD
$ 5.3657b USD
$ 65.69 million USD
$ 65.69m USD
$ 465.455 million USD
$ 465.455m USD
5.3653 billion DAI
Issue Time
2017-12-25
Platform pertained to
--
Current price
$1.0002USD
Market Cap
$5.3657bUSD
Volume of Transaction
24h
$65.69mUSD
Circulating supply
5.3653bDAI
Volume of Transaction
7d
$465.455mUSD
Change
24h
+0.16%
Number of Markets
3375
Current Rate0
0.00USD
3H
0.00%
1D
+0.16%
1W
-0.01%
1M
+0.23%
1Y
+0.19%
All
-0.49%
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.
The co-founder of decentralized finance (DeFi) platform Maker (MKR) says that the rebrand of its sta
2024-08-29 06:04
In recent events, a phishing address that siphoned $55.4 million in DAI from a whales account has re
2024-08-26 21:03
Exponential, an investment platform for crypto holders, has downgraded MakerDAOs DAI pool risk ratin
2024-08-09 17:04
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
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