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Dai price

Dai PriceDAI

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Quote currency:
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$1.0000-0.02%1D
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Dai price chart (DAI/USD)
Last updated as of 2025-04-30 16:35:23(UTC+0)
Market cap:$5,365,229,885.59
Fully diluted market cap:$5,365,229,885.59
Volume (24h):$205,073,784.11
24h volume / market cap:3.82%
24h high:$1
24h low:$0.9998
All-time high:$3.67
All-time low:$0.8970
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}1067 BTC
Price in ETH:0.0005684 ETH
Price at BTC market cap:
$346.75
Price at ETH market cap:
$39.58
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
Dai project analysis reportView report

Live Dai Price Today in USD

The live Dai price today is $1.0000 USD, with a current market cap of $5.37B. The Dai price is down by 0.02% in the last 24 hours, and the 24-hour trading volume is $205.07M. The DAI/USD (Dai to USD) conversion rate is updated in real time.

Dai Price History (USD)

The price of Dai is +0.01% 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 $0.9989.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h-0.02%$0.9998$1
7d-0.00%$0.9997$1
30d-0.01%$0.9994$1
90d-0.03%$0.9992$1
1y+0.01%$0.9989$1.01
All-time+0.26%$0.8970(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 $0.8970, recorded on 2023-03-11. Compared to the Dai ATL, the current price of Dai is up by 11.48%.

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 Strong sell.
According to the DAI 1d technical analysis, the trading signal is Sell.
According to the DAI 1w technical analysis, the trading signal is Neutral.

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 $1.16 in 2026.

What will the price of DAI be in 2031?

In 2031, the DAI price is expected to change by +43.00%. By the end of 2031, the DAI price is projected to reach $4.02, with a cumulative ROI of +302.02%.

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 $5,365,229,885.59 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 $205.07M.

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
  • 0.9997
  • $892.72K
  • Trade
  • 2
  • DAI/USDC
  • Spot
  • 0.9996
  • $48.37K
  • Trade
  • Dai Holdings

    Dai holdings distribution matrix

  • Balance (DAI)
  • Addresses
  • % Addresses (Total)
  • Amount (DAI|USD)
  • % Coin (Total)
  • 0-10 DAI
  • 341.71K
  • 69.89%
  • 456.5K DAI
    $456.44K
  • 0.01%
  • 10-100 DAI
  • 100.14K
  • 20.48%
  • 3.32M DAI
    $3.32M
  • 0.10%
  • 100-1000 DAI
  • 28.6K
  • 5.85%
  • 8.7M DAI
    $8.7M
  • 0.27%
  • 1000-10000 DAI
  • 10.59K
  • 2.17%
  • 36.76M DAI
    $36.76M
  • 1.13%
  • 10000-100000 DAI
  • 5.45K
  • 1.12%
  • 184.14M DAI
    $184.11M
  • 5.67%
  • 100000-1000000 DAI
  • 1.99K
  • 0.41%
  • 609.16M DAI
    $609.08M
  • 18.75%
  • 1000000-10000000 DAI
  • 408
  • 0.08%
  • 986.59M DAI
    $986.46M
  • 30.37%
  • 10000000-100000000 DAI
  • 32
  • 0.01%
  • 752.38M DAI
    $752.28M
  • 23.16%
  • 100000000-1000000000 DAI
  • 3
  • 0.00%
  • 667.49M DAI
    $667.4M
  • 20.54%
  • >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
    loading

    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%

    How to buy Dai(DAI)

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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
    USD
    1 DAI = 1.0000 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

    Mujaddadi01--
    Mujaddadi01--
    9h
    Na Kalli Coin Dina Yayi x10 Amma... Na Manta Ina da Shi!
    Wani lokaci riba bata zo da gaggawa — amma idan ta zo, sai dai ka girgiza. Na sayi wani coin da ake cewa $XYZ a $50, sai ya faɗi. Na bar shi, na manta da shi. Bayan wata guda, sai coin ɗin yayi x10 — amma ni kuwa… bana kusa da wallet ɗin. Wannan darasi ne mai nauyi: > Kasuwar crypto bata jiran ka ba. Idan baka shirya ba, zaka bar riba ta wuce ka. Yanzu tambayata gareku: Kun taɓa ganin ribar coin ɗinku ya tashi amma kun kasa cin moriyarsa? Ku ba da labarinku! #CryptoHausa #BitgetInsight #CryptoMistakes #LostProfit #CoinTashi
    MANTA+1.02%
    X+3.04%
    babayo229
    babayo229
    1d
    Base Chain... Ku duba yiwuwar yin mu'amala da protocols, DApps, DEX da bridges da suke kan $ETH BASE, saboda zai iya yiwuwa wani babban lamari ya biyo baya nan gaba. Kamar yadda muka sani Base layer 2 blockchain ne ga Ethereum kuma EVM compatible as well, yana da access da wasu Layer one bayan Ethereum kamar Solana. Layer 2 ne akan Ethereum wanda yake aikin 'kara gudu (scalability) wa Ethereum, da ragewa gas fee wa Ethereum, kamar yadda Optimism yake, haka ma irin su Arbitrum, Polygon, Metis da irin su Immutable X, Celor da Mantle. Base chain kamfanoni da yawa suka hadu suka samar dashi, amma jagora a ciki itace Coinbse na kasar America. Kuma har yanzu ban suyi wani Airdrop akan chain din ba. Mun ga dai yadda ta kaya tsakanin Arbitrum da wadanda suka yi mu'amala da chain din a farkon 2023, sunyi Airdrop mai girma sosai. So, ina ganin Base za suyi ninkin haka, in sha Allah.
    METIS-6.35%
    X+3.04%
    BGUSER-8SLTXCVR
    BGUSER-8SLTXCVR
    1d
    DAO overview
    A Decentralized Autonomous Organization (DAO) is a digital organization that is governed through rules encoded as computer programs called smart contracts. DAOs operate on a blockchain, which provides a secure and transparent framework for their operations. Here are some key aspects of DAOs: 1. **Decentralized Governance**: DAOs are governed by their members, who collectively make decisions through a decentralized decision-making process. This is typically done through voting mechanisms where members use governance tokens to cast votes on proposals. 2. **Smart Contracts**: The rules and transaction records of a DAO are maintained on a blockchain through smart contracts. These contracts automatically execute actions based on predefined conditions, ensuring that the DAO operates according to its established rules. 3. **Transparency**: All transactions and decisions within a DAO are recorded on a public blockchain, making them transparent and verifiable by anyone. This transparency helps build trust among members and stakeholders. 4. **Automation**: DAOs can automate many of their processes, such as fund distribution, voting, and proposal implementation, through smart contracts. This reduces the need for intermediaries and can make operations more efficient. 5. **Community-Driven**: DAOs are often community-driven, with members collaborating to achieve common goals. This can foster a sense of ownership and engagement among participants. 6. **Use Cases**: DAOs can be used for a variety of purposes, including: - **Investment**: Pooling funds to invest in projects or assets. - **Charity**: Managing and distributing funds for charitable causes. - **Governance**: Managing the operations and development of decentralized protocols or platforms. - **Decentralized Ventures**: Creating and managing decentralized businesses or projects. 7. **Governance Tokens**: Members of a DAO typically hold governance tokens, which represent their voting power. The more tokens a member holds, the greater their influence on decision-making processes. 8. **Challenges**: While DAOs offer many benefits, they also face challenges such as regulatory uncertainty, security risks, and the potential for low participation rates among members. 9. **Examples**: Some well-known DAOs include: - **MakerDAO**: A decentralized organization that manages the DAI stablecoin. - **Uniswap**: A decentralized exchange that uses a DAO for governance decisions. - **MolochDAO**: A DAO focused on funding Ethereum infrastructure projects. 10. **Future Potential**: DAOs have the potential to revolutionize how organizations are structured and operated, offering a more democratic and transparent alternative to traditional hierarchical structures. DAOs represent an innovative approach to organizational management, leveraging blockchain technology to create decentralized, transparent, and community-driven entities.$DAO
    HOLD+0.81%
    ANYONE-4.31%
    Alubarika
    Alubarika
    2d
    #Crypto
    Here are some of the top coins in 2025: 1. **UNUS SED LEO (LEO)**: Introduced by iFinex, the parent company of Bitfinex, to rebuild trust among investors after legal issues. It offers reduced fees and access to specific features on Bitfinex. 2. **XRP (XRP)**: Created to enable faster money transactions, XRP powers RippleNet, a system for fast and efficient international money transfers. It is known for its utility in global remittances and enterprise-grade payment systems. 3. **Tether (USDT)**: A popular stablecoin with its value pegged to the U.S. dollar. It is widely used as a medium for exchanging one coin for another. 4. **Ethena USDe (USDe)**: A stablecoin tied to the value of the U.S. dollar, offering investors a stable crypto experience without extreme price fluctuations. 5. **Dai (DAI)**: A collateral-backed stablecoin that is decentralized and runs on the Ethereum blockchain. It is backed by crypto collateral on the MakerDAO platform. 6. **USDC (USDC)**: A stablecoin backed by the U.S. dollar, managed by Circle. It operates on several blockchains, most notably Ethereum. 7. **USDS (USDS)**: A stablecoin made by Sky Protocol, requiring users to secure collateral in smart contracts called “Sky Vaults”. 8. **TRON (TRX)**: A decentralized blockchain created in 2017, known for its use of smart contracts to create dApps on the Tron blockchain. 9. **Arctic Pablo Coin**: A meme coin with a creative presale structure, strong staking rewards, and explosive ROI opportunities. It is known for its high APY during presale and dynamic pricing model. 10. **Qubetics ($TICS)**: A platform for real-world asset tokenization, allowing businesses and individuals to tokenize assets like real estate, copyrights, and equity. 11. **Theta (THETA)**: A streaming powerhouse that lets users share bandwidth and computing power to reduce the cost of video streaming for content platforms. 12. **Render (RNDR)**: A decentralized GPU network that allows creators to tap into idle graphics power for visual rendering, supporting faster animations, 3D models, and generative AI art. 13. **BlockDAG (BDAG)**: Known for its presale rollback, bringing the price down significantly and gaining massive traction among investors. 14. **Ethereum (ETH)**: The bedrock of DeFi, NFTs, and Layer 2 development, Ethereum continues to upgrade for scalability and cost efficiency. 15. **Cardano (ADA)**: Known for its research-first approach and smart contract adoption, Cardano is expanding in education, identity, and decentralized finance sectors.
    ETH-2.11%
    DAI0.00%
    Bpay-News
    Bpay-News
    3d
    Bitrue hacker exchanged stolen assets for about 1,167 ETH again after a year According to on-chain analyst Ember, the hacker who stole $23 million worth of assets from Bitrue in April 2023 sold the stolen assets on the chain again after a year: 150 billion SHIBs were sold for 1090.4 ETH (1.97 million USD); 135 million HOTs were sold for 76.5 ETH (140,000 USD). The hacker stole ETH/QNT/GALA/SHIB/HOT/MATIC and other assets from Bitrue in April 2023, which were worth $23 million at the time, and then exchanged most of the assets for ETH on the chain; in March 2024, 4,207 ETHs were sold for 1634.5 DAI at a price of $3,885; today, the unsold SHIB and HOT were sold on the chain for ETH.
    ETH-2.11%
    DAI0.00%

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