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TipRanksCryptocurrencyWhat is the Price Of Dai?

What is the Price Of Dai?

Dai Price Chart

Current Price
$1.00
Price Change (24h)<$0.01 (<0.01%)
24h Low - 24h High$1.00 - $1.00
24h Volume$86.12M (86,124,998.00)
Market Cap$3.40B
Volume / Market Cap0.00058
Market Cap Dominance0.0910%
Circulation Supply3.40B
Total Supply3.40B
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 Return-0.10%
1-Month Price Return0.00%
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Dai News & Analysis

Vince CondarcuriThere Is “No Reason to Panic” about Bitcoin, Says Grayscale Director
Marty Shtrubel‘The Boom Isn’t Over Yet,’ Says Top Investor About Ripple (XRP)
Annika MasraniBitcoin Faces Crucial $100K Test as Fed Sparks Dread of Major Dip
Marty Shtrubel‘Hold Your Horses,’ Says Investor About Ripple (XRP)
Vince CondarcuriBitcoin Can to Surge to $200K, According to Bitfinex Analysts
Annika MasraniBitcoin Hits $107,700 as Analysts Predict $115K Next
Marty Shtrubel‘Big Catalysts Ahead,’ Says Analyst About Ripple (XRP)
Ran MelamedRobinhood (HOOD) vs. Coinbase (COIN): A Tale of Two Rebels
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 3.40B coins.
What is Dai dominance?
Dai (DAI-USD) dominance is at 0.0910%.
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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
1.92T
Ethereum
408.28B
Ripple
226.74B
Solana
110.46B
Binance Coin
96.17B
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Major Stock Indexes

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