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Dai

#26
DAI
$0.99996
24h+0.01%
7d+0.03%
30d-0.10%

Dai Price Performance

Low
High
$0.99978
$1.0001

Dai Key Metrics

Market cap
$4.34B
FDV
$4.34B
Volume (24h)
$449.48K
Vol/Mkt Cap (24h)
0.00%
Total supply
4.34B DAI
Circulating supply
4.34B DAI
Profile score
85%
Updated May 21, 2026Rank #492

DAI to USD Converter

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Resources

Website
WebsiteWhitepaperBlog
Socials
@MakerDAOr/MakerDAODiscord@makerdaoOfficialYouTubeforum.makerdao.com

Information

Repositories
makerdao/market-maker-keepermakerdao/awesome-makerdaomakerdao/developerguidesmakerdao/multicallmakerdao/dssmakerdao/multicall.js
CN2

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Dai Overview

24h High
$1.00
24h Low
$1.00
24h Change
+0.01%
7d Change
+0.03%
30d Change
-0.10%
Volume 24h
$449.48K
Market Cap
$4.34B
Circulating Supply
4.34B DAI

Dai News

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About Dai

Dai is a decentralized, stablecoin cryptocurrency built on the Ethereum blockchain. It is designed to maintain a stable value relative to the US Dollar, and is backed by a reserve of collateral-backed tokens and other assets. Dai is an ERC-20 token, making it fully compatible with other Ethereum-based networks and wallets. It is designed to be used as a medium of exchange, store of value, and for facilitating online payments, money transfers, and other financial services. Dai was created by MakerDAO, a decentralized autonomous organization founded in 2014 by Danish entrepreneur Rune Christensen, and was officially launched on the main Ethereum network on December 18, 2017.
Dai is designed to be used as a medium of exchange and a store of value, allowing users to send, receive, and store money in a decentralized manner without the need for traditional banking services. It facilitates online payments, money transfers, and other financial services. Dai is widely used in decentralized finance (DeFi) applications, including lending platforms, liquidity pools, and yield farming. It also serves as a reliable stable asset for international transactions, remittances, and hedging against market volatility.
Dai was created by MakerDAO, a decentralized autonomous organization (DAO) founded in 2014 by Danish entrepreneur Rune Christensen. On December 18, 2017, Dai and its associated smart contracts were officially launched on the main Ethereum network.

Dai Markets

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Dai Platforms

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Learn About Dai

DAI Savings Rate Hits Eight Percent Before USDS Migration
Altcoins logoAltcoins

DAI Savings Rate Hits Eight Percent Before USDS Migration

DAI is the decentralized stablecoin issued by Sky Protocol (formerly MakerDAO), pegged 1:1 to the US dollar through a mix of crypto-collateralized vaults, real-world-asset loans, and reserve allocations governed by SKY token holders. DAI trades around $1.00 with a market cap near $4.66B, ranking among the largest decentralized stablecoins, with circulating supply of approximately 4.39 billion. The DAI Savings Rate currently offers approximately 8% annualized yield via the DSR contract, accessible through Spark Protocol's Sky-affiliated frontend, sDAI wrapped tokens, and select wallet integrations. Sky Protocol is migrating DAI to its successor stablecoin USDS, with major exchanges including Binance, Coinbase, Crypto.com having scheduled 1:1 conversions throughout April and May 2026. DAI on Cronos chain has a May 11 deadline before unsupported.

Crypto News Navigator logoCrypto News NavigatorMay 13, 2026
9m
Wormhole Labs Is Building Infrastructure Most Users Never See
Altcoins logoAltcoins

Wormhole Labs Is Building Infrastructure Most Users Never See

Wormhole Labs operates the infrastructure enabling over 40 chain integrations, over 1 billion cross-chain messages, and the interoperability layer behind the tokenized fund infrastructure for BlackRock, Apollo, and VanEck. W token price is $0.012, down 99.2% from all-time high. This has created an interesting dichotomy between a protocol with adoption scores that continue to rise and a token that goes in the opposite direction.

Archie Dutton logoArchie DuttonApr 22, 2026
9m
DAI Yields Crushed ETH Staking and Institutions Noticed
Ethereum logoEthereum

DAI Yields Crushed ETH Staking and Institutions Noticed

The Ethereum Foundation swapping out 5,000 ETH for 11.11 million DAI in early April of 2026 rather than staking those tokens wasn't some optional treasury play. DAI yields across DeFi lending protocols and savings accounts far outpaced native ETH staking. DAI strategies offered between 7.2% to 8.7% APY while ETH staking rewards sat between 2.6% and 3.1%.

Katerina Kulikovska logoKaterina KulikovskaApr 13, 2026
7m

Often Discussed Alongside Dai

Tokens that appear with Dai in our academy articles.

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Dai Market Data

The live Dai price today is $1.00 USD with a 24-hour trading volume of $449,480.83 USD. We update our DAI to USD price in real-time. Dai is up 0.01% in the last 24 hours.

The current market cap is $4,338,629,895.05 USD, ranking #26 by market capitalization. The circulating supply is 4,338,801,522 DAI.