DAI to USD Dai to USD
DAI price:
US$ 1.00535
1H
24H
7D
1M
3M
1Y
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Dai Market Statistics
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Market cap
US$ 6,323,127,249.0
Fully diluted market cap info
US$ 6,323,127,249.0
Supply info
6,313,068,943.19286 DAI / 6,313,068,943.19286 DAI
Returns in 24h
0.15% 24h low / 24h high
US$ 0.998055 / US$ 1.01
24h volume
US$ 261,828,334.0
Returns in 7d
0.37% 7d low / 7d high
US$ 0.99630095 / US$ 1.02579461
All-time high (on Mar 13, 2020)
US$ 1.22
17.87% All-time low (on Nov 25, 2019)
US$ 0.903243
10.83% Dai Market Statistics
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Market cap
24 hour volume
Circulating supply info
All-time high
US$ 0.0
US$ 0.0
0.0 DAI
US$ 0.0
About Dai
Dai (DAI) is a stablecoin - a cryptocurrency which price is linked to an asset - that is pegged to the US Dollar (USD) through stabilizing mechanisms built into smart contracts on the Ethereum blockchain.
Linked to the Maker (MKR) system, which is built on the Ethereum network, the price of 1 DAI is maintained to be equivalent to 1 USD. Whenever there is a deviation of price of 1 DAI from the value of 1 USD, the Ethereum-based smart contract would work to bring the price back to exactly 1 USD, either through the creation or deduction of MKR tokens. DAI can be freely traded like any other ERC20 token, is fully decentralized and anyone with an ETH wallet can own and manage it autonomously.
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