- #6212
Aave DAI ADAI
ADAI Price
Market Cap
--Rank #6212FDV
$5.40 MRank #4413Investors
X Followers
Detailed Performance
ADAI shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods
ADAI to USD Converter
Price History
- All-Time High
- $1.131.14x to ATH
- All-Time Low
- $0.33742.94x to ATL
- Trade Launch Date
- 20 Mar, 2020
1708 days ago
Exchanges
Exchanges type
About ADAI
Aave DAI refers to the DAI stablecoin that is used within the Aave protocol. Aave is an open-source and non-custodial lending and borrowing protocol where users can earn interest on their deposits and borrow assets. DAI is a stablecoin pegged to the value of the US dollar, and it can be deposited into the Aave protocol to earn interest or borrowed by users who need to access liquidity. The Aave protocol allows users to interact with DAI and other assets using variable or stable interest rates.
What makes Aave DAI unique?
Aave DAI, or Aave's implementation of the stablecoin DAI, is unique compared to other cryptocurrencies due to its nature as a decentralized lending and borrowing protocol. Aave allows users to deposit their DAI and earn interest on it, as well as borrow assets by using their DAI as collateral. This provides users with the opportunity to earn a yield on their DAI holdings, which is not commonly offered by traditional cryptocurrencies. Additionally, Aave's protocol is transparent and audited, providing users with confidence in the security of their assets.
Live Aave DAI Price Data
The current price of Aave DAI (ADAI) is approximately $0.9926, reflecting a decrease of -0.84% in the last 24 hours. The ADAI trading volume in the last 24 hours stands at $1,029.22.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Aave DAI's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on ADAI, check out our crypto insights page.
Official Links
ADAI to USD Converter
Price History
- All-Time High
- $1.131.14x to ATH
- All-Time Low
- $0.33742.94x to ATL
- Trade Launch Date
- 20 Mar, 2020
1708 days ago