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Single Collateral DAI logo

Single Collateral DAI

SAIV1
$10.912
24h+1.63%
7d-13.11%
30d+5.54%

Single Collateral DAI Price Performance

Low
High
$10.737
$10.912

Single Collateral DAI Key Metrics

FDV
$29.75M
Volume (24h)
$2.06
Total supply
2.67M SAIV1

SAIV1 to USD Converter

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Resources

Website
Website
Socials
@MakerDAOr/MakerDAOYouTube

Information

Repositories
makerdao/multicallmakerdao/awesome-makerdaomakerdao/developerguidesmakerdao/dssmakerdao/multicall.jsmakerdao/market-maker-keeper
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Single Collateral DAI Overview

24h High
$10.91
24h Low
$10.74
24h Change
+1.63%
7d Change
-13.11%
30d Change
+5.54%
Volume 24h
$2.06
Circulating Supply
2.67M SAIV1

Single Collateral DAI News

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About Single Collateral DAI

Single Collateral DAI (SAI) was a stablecoin launched by MakerDAO, backed solely by Ethereum. It aimed to provide a stable value equivalent to the US dollar, allowing users to leverage ETH without selling it.
Single Collateral DAI (SAI) was primarily used to provide stability in the volatile cryptocurrency market by maintaining a consistent value equivalent to the US dollar. It enabled users to leverage their Ethereum holdings without selling them. Users could lock ETH in MakerDAO's smart contracts and generate SAI, which could then be used for trading, purchasing goods and services, or participating in other decentralised finance (DeFi) applications. SAI also allowed users to hedge against the volatility of ETH while retaining exposure to the asset.

Single Collateral DAI (SAI) was created by MakerDAO, a decentralised autonomous organisation focused on developing stablecoin solutions.

Although 'SAI' was the ticker assigned at the deployment of the Single Collateral DAI Token's smart contract, it is also in use by another asset with a larger market presence and higher trading volume on major exchanges. To avoid confusion in the marketplace, the alternative ticker 'SAIV1' has been adopted for this token. This designation ensures that assets are distinctly identified.

Single Collateral DAI Markets

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Single Collateral DAI Platforms

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Single Collateral DAI Market Data

The live Single Collateral DAI price today is $10.91 USD with a 24-hour trading volume of $2.06 USD. We update our SAIV1 to USD price in real-time. Single Collateral DAI is up 1.63% in the last 24 hours.

The current market cap is $29,088,686.58 USD. The circulating supply is 2,665,764 SAIV1.