- #25
Dai DAI
DAI Price
Market Cap
$5.38 BRank #25FDV
$5.37 BRank #40Investors
X Followers
Detailed Performance
DAI shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods
DAI to USD Converter
Price History
- All-Time High
- $1.391.39x to ATH
- All-Time Low
- $0.8821.13x to ATL
- Trade Launch Date
- 27 Dec, 2017
2518 days ago
Activities4
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Exchanges type
About DAI
Dai is an Ethereum-based stablecoin, meaning it is a cryptocurrency that is designed to have a stable value. Unlike other cryptocurrencies that can experience price volatility, Dai is pegged to the value of the US dollar. This stability is achieved through an automatic system of smart contracts on the Ethereum blockchain. Dai is collateralized by other cryptocurrencies, which helps maintain its value. It is considered secure and decentralized, offering users a stable and reliable digital currency option.
What makes Dai unique?
Dai is unique compared to other cryptocurrencies because it is an Ethereum-based stablecoin. It is designed to maintain a value equal to one U.S. dollar. This stability is achieved through an automatic system of smart contracts on the Ethereum blockchain. Unlike other cryptocurrencies that can experience price volatility, Dai's value remains relatively stable. Additionally, Dai is collateralized by a variety of cryptocurrencies, which adds an extra layer of security and stability to its value.
Live Dai Price Data
The current price of Dai (DAI) is approximately $1.00, reflecting a increase of 0.03% in the last 24 hours. The DAI trading volume in the last 24 hours stands at $166.36 million. Dai's market cap is currently $5.38 billion, accounting for about 0.17% of the total crypto market cap. The circulating supply of DAI is 5.37 billion.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Dai's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on DAI, check out our crypto insights page.
Official Links
DAI to USD Converter
Price History
- All-Time High
- $1.391.39x to ATH
- All-Time Low
- $0.8821.13x to ATL
- Trade Launch Date
- 27 Dec, 2017
2518 days ago