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Dai DAI

Dai Price (DAI)
$1.00
0.06% Buy DAI Now

0.0002 ETH

0.00000824 BTC

Buy DAI Now
Low: $0.9996
High: $1.00
24h
Market Cap
$5,369,484,440
0.06%
Fully Diluted Market Cap
$5,371,186,327
0.06%
Volume
24h
$39,927,514
2.26%
Volume / Market Cap
0.0074
Circulating Supply
5,365,382,703 DAI
Max Supply
--
Total Supply
5,365,382,703

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Live DAI Price Analysis

The current real time Dai price is $1.00, and its trading volume is $39,927,514 in the last 24 hours. DAI price has grew by 0.06% in the last day, and decreased by 0.02% in the last 7 days. It's important to note that current Dai market capitalization is $5,369,484,440, Talking about circulating supply, DAI has 5,365,382,703 coins. Currently, Dai rank on the market is #29.

Dai price today is 72.72% below all time high, and it is 160.30% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling DAI are Kraken, Crypto.com & Coinbase. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is Dai?

Dai (DAI) is a stablecoin based on the ERC-20 token standard. It runs on the Ethereum blockchain. Being a stablecoin means that it’s backed by fiat currencies instead of other cryptocurrencies. Most notably, the Dai token is soft pegged to the US Dollar just like the largest stablecoin Tether. However, unlike Tether, Dai is completely decentralized.

In a broader sense, this means that the current DAI price stability depends on keepers. Their role is to maintain stability through buying and selling Dai when the market price is below or above 1 US Dollar. In addition, stability fees and the Dai Savings Rate (DSR) mechanism are used in maintaining the stability of the stablecoin.

Dai belongs to the MakerDAO ecosystem along with the Maker (MKR) token. The latter is a utility token that grants governance rights. In addition, MKR is used to pay for the fees associated with Dai loans. Whereas Dai is the native token of the Maker for day-to-day needs.

It’s Multi-Collateral, unlike its Single-Collateral predecessor Sai. This means that Dai-based loans can be collateralized by multiple cryptocurrencies. Sai was the initial stablecoin of the MakerDAO. The new and upgraded version called Dai was introduced in November 2019.

Don't forget to check the DAI price on the graph above if you're considering purchasing this cryptocurrency.

How does Dai Work?

Dai enables the lending and borrowing of cryptocurrencies in a decentralized manner. It has many similarities to the traditional method of taking out loans except Dai loans don’t have any of the strict requirements that banks do. All you have to do is deposit the accepted crypto collateral such as ETH or USDC into the Maker Vault and collect your Dai. No credit scores, credit history, cash flows, financial statements, or any other personal information through KYC processes is required.

In order to redeem your collateral, you must pay back the exact Dai amount owed in addition to a stability fee a.k.a. interest rate.

Besides generating Dai by depositing collateral into a Maker Vault, you can also purchase it via an exchange where you’ll have to consider the current DAI price.

What are the Main Features of Dai?

There are various advantages of Dai that puts it ahead of other stablecoins on the market.

Starting off with the most obvious aspect - decentralization. When asking the question of what is Dai, you’ll most likely hear that it’s a decentralized stablecoin. Decentralized is the key word here as there are stablecoins with a central authority. Decentralized stablecoins lack said central authority which means that they’re governed by the community through public voting via the MKR token. Moreover, decentralization brings forward features such as increased transparency and resistance to censorship. This is possible since all actions are recorded on the blockchain.

It’s no secret that the crypto market is extremely volatile. Therefore, when wondering what is Dai and how it can benefit you, you should first consider this aspect. Stablecoins such as Dai help in managing volatility. The value of Dai is soft pegged to the US Dollar which ensures relative stability. This means that the DAI price should be around 1 US Dollar.

The Maker employs a Dai Savings Rate (DSR) mechanism which serves as a source of passive income. This unique feature enables users to earn interest. This form of passive income is funded by the stability fee.

Last but not least, Dai comes with inherent dApp composability and open access to the source code.

What is MakerDAO?

MakerDAO is a decentralized autonomous organization where participants can take out collateral-backed crypto loans. It’s powered by the native stablecoin DAI and the governance token MKR.

Participants can generate the native DAI token by depositing collateral into the Maker Vault. This collateral can be any type of cryptocurrency that is supported by the platform.

Who Developed Dai?

Rune Christiensen, who is an entrepreneur of Danish descent, co-founded the MakerDAO in December of 2017. Dai token and the Maker token power the ecosystem.

Since the Maker is a decentralized autonomous organization (DAO), it fully operates without a central authority by utilizing smart contract technology.

This is where MKR comes in. This utility token serves the purpose of a governance token. MKR holders receive voting rights in crucial decisions regarding MakerDAO’s future development.

This means that even though Rune Christiensen originally founded the DAO, he doesn’t hold any significant power over its development or token issuance.

What's Dai trading volume in the last 24 hours?

DAI has a trading volume of $39,927,514 in the last 24 hours.

What's Dai highest price ever?

DAI has a highest price of $3.67, which was reached on Nov 16, 2021 (3 years 10 months ago).

What's Dai lowest price ever?

DAI has a lowest price of $0.3845, which was reached on Dec 11, 2022 (2 years 9 months ago).

What are the best exchanges for buying and selling DAI?

Currently, the most active and dominating exchanges for buying and selling Dai are Kraken, Crypto.com & Coinbase. The most popular Dai trading pairs are USDT/DAI (on Binance ), DAI/USDT (on Huobi Global ), DAI/USDT (on MEXC ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping DAI?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Dai. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Dai Markets' Analysis

The in-depth analysis of Dai Markets shows that the top exchanges are Kraken. It's clear that the most popular trading pairs currently are USDC/EUR, USDC/USD, SOL/USD, USDT/EUR, USDC/USDT. Looking at the combined Volume of these Top 5 DAI pairs, it's evident that they have an overall market dominance of 1,167%, which makes up a worth of $466,053,170. Currently, the Number 1 Dai trading pair is USDCEUR, with the current price of $1.08 & a volume of $140,627,764 with a dominance 352% rate.

Dai (DAI) Volume By Exchange And Quote Currency

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Dai (DAI) Markets
# Exchange Base Currency Quote Currency Name Price Volume Volume %
1 Huobi Global Centralized Exchange Dai DAI Tether USDT DAI/USDT $1.00 $9,773,616 9,762,863 DAI 24.48%
2 Binance Centralized Exchange Tether USDT Dai DAI USDT/DAI $1.00 $6,059,372 6,056,091 DAI 15.18%
3 MEXC Centralized Exchange Dai DAI Tether USDT DAI/USDT $0.9998 $3,732,632 3,733,219 DAI 9.35%
4 Coinbase Centralized Exchange Ethereum ETH Dai DAI ETH/DAI $1.00 $1,807,725 1,805,771 DAI 4.53%
5 OKX Centralized Exchange Dai DAI Tether USDT DAI/USDT $1.0000 $1,608,527 1,608,580 DAI 4.03%

Dai (DAI) Markets

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# Exchange Base Currency Quote Currency Name Price Volume Volume %


Dai Price History Analysis

Price History for Dai (DAI)
Date Open High Low Close Volume Market Cap
Oct 06, 2025 $0.9997 $1.00 $0.9963 $1.00 $54,227,543 $5,368,104,420
Oct 05, 2025 $1.00 $1.00 $0.9994 $0.9995 $44,913,758 $5,362,771,391
Oct 04, 2025 $0.9993 $1.00 $0.9968 $1.00 $38,911,439 $5,367,097,878
Oct 03, 2025 $0.9987 $1.00 $0.9980 $0.9997 $94,295,418 $5,363,907,430
Oct 02, 2025 $1.00 $1.01 $0.9964 $0.9988 $68,496,187 $5,359,144,810
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Date Open High Low Close Volume Market Cap

On this day

October 08

Dai DAI
Today
$1.00
| 0.08%
2024 (1 year ago)
$1.00
| 0.07%
2023 (2 years ago)
$1.00
| 0.08%
2022 (3 years ago)
$0.9996
| 0.06%
2021 (4 years ago)
$1.00
| 0.65%
2020 (5 years ago)
$1.01

Dai Popularity Metric Analysis

By analyzing Dai social media signals, you can instantly see how active, community-involved and popular the company is. Looking at Dai X statistics, it's clear that the brand has 4,165 followers, which is considered to be a quite small follower base. On the other hand, Dai is following 64 X accounts. It's important to note that Dai has posted 4 tweets since it joined X on Apr 14, 2023, which shows the brand's level of involvement and proactiveness.

Dai currently has 0 monthly organic visitors to its website, which is quite a low amount of traffic. The company's Ahrefs Rank is 21,385, and the Website Domain Rating is 77 - both of these metrics are deemed as very good.

Dai has joined Reddit on Aug 16, 2015. Since then, the brand has generated 37,598 subscribers, which is a small fan base. Dai GitHub activity began on Jun 10, 2025, until now it has 0 public repositories.

Dai Price
$1.00
Price Change 24h
$0.0006
0.06%
24h Low / 24h High
$0.9996 /
$1.00
All Time High
Nov 16, 2021 (3 years 10 months ago)
$3.67
72.72%
All Time Low
Dec 11, 2022 (2 years 9 months ago)
$0.3845
160.30%
Trading Volume 24h
$39,927,514
2.26%
Volume / Market Cap
0.0074
Market Dominance
0.13%
Market Rank
#29
Market Cap
$5,369,484,440
0.06%
Fully Diluted Market Cap
$5,371,186,327
0.06%

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