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TipRanksCryptocurrencyWhat Is The Price Of Dai?

What Is The Price Of Dai?

Price Chart

Current Price
$1.00
Price Change (24h)>-$0.01 (>-0.01%)
24h Low - 24h High$1.00 - $1.00
24h Volume$27.59M (27,592,224.00)
Market Cap$3.23B
Volume / Market Cap0.00045
Market Cap Dominance0.12%
Circulation Supply3.22B
Total Supply3.22B
Max SupplyN/A
Hash RateN/A
All-Time High$4.22 (-76.35%)
1-Year Price Return0.00%
6-Month Price Return0.00%
3-Month Price Return0.00%
1-Month Price Return0.00%
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Dai News & Analysis

Vince CondarcuriEthereum ETFs Finally Given Green Light by SEC
Annika MasraniSEC’s Ongoing Clash with Ethereum and Consensys
Annika MasraniTrump Could Announce Bigger Role for Bitcoin in the U.S.
Vince CondarcuriM&A News: Galaxy Digital ($TSE:GLXY) Acquires CryptoManufaktur
Annika MasraniEurope Set to Lead with First Ethereum Staking ETF
Annika MasraniBitcoin Mining’s Next Big Thing: AI Overdrive
Vince CondarcuriBitfarms (NASDAQ:BITF) Plunges despite Buy Rating from H.C. Wainwright
Paul HoffmanAI Firms and Bitcoin Miners Spark Partnerships
Read the latest Dai news and analysis from the TipRanks news team.
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Dai FAQ

What is the price of one Dai?
The live price of Dai (DAI-USD) is $1.00.
What’s Dai All-Time High?
Dai's (DAI-USD) all-time high is $4.22.
What is the total supply of Dai?
The total supply of Dai (DAI-USD) is 3.22B coins.
What is Dai dominance?
Dai (DAI-USD) dominance is at 0.12%.
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What is Dai?

Dai

Governed by the MakerDAO and Maker Protocol, this stablecoin is collateralized by multiple cryptocurrencies and pegged to USD. New DAI tokens can be generated by depositing cryptocurrency assets on the Maker protocol and using the collateral to borrow in DAI. The process of issuing or burning DAI is decentralized and all transactions are recorded in smart contracts, which adds transparency. Furthermore, DAI’s peg to USD provides safety against the volatility in crypto prices. The Dai ecosystem continues to grow and more than 400 applications and services have already integrated Dai.
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Leading Cryptocurrencies

Name
Price & Change
Market Cap
Bitcoin
1.33T
Ethereum
417.42B
Solana
105.26B
Binance Coin
86.61B
Ripple
61.73B
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Major Stock Indexes

Index
Price & Change
S&P 500
Dow Jones Industrial Average
Nasdaq 100
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