Dai Price DAI
Rank #29Dai Price Chart
Dai Market Statistics
Dai Price Performance
| Period | 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|---|
| Change | — | +0.01% | +0.01% | — | — | — |
About Dai
Dai (DAI) is a cryptocurrency ranked #29 by market capitalization, currently valued at $4.60B. It trades at $0.9999 with $97.28M in 24-hour volume.
How Dai Works
Dai (DAI) is a decentralized stablecoin that aims to maintain a value of one US dollar through a system of smart contracts and collateralized debt positions (CDPs).
It is an Ethereum-based ERC-20 token created by the MakerDAO project, which operates on the principle of over-collateralization to ensure price stability.
What Moves the Dai Price
The primary factor influencing Dai's price stability is the collateralization ratio maintained by MakerDAO's smart contracts, which typically requires more collateral than the value of Dai issued.
Adoption and usage in decentralized finance (DeFi) applications, as well as the overall demand for stablecoins in crypto trading and remittances, play a significant role in driving Dai's market presence.
The health of the underlying collateral (primarily Ethereum and other cryptocurrencies) and the efficiency of the MakerDAO governance system also impact Dai's stability and adoption.
Regulatory developments concerning stablecoins and decentralized finance can affect Dai's market dynamics, as it operates in a space that is subject to evolving legal frameworks.
Dai Tokenomics & Supply
Dai has a circulating supply of 4,599,904,606 DAI with no fixed maximum supply, and a total supply of 4,598,334,242 DAI.
Where to Buy Dai
You can buy Dai (DAI) on major exchanges such as Binance, Coinbase, Kraken, Bybit and OKX. In Nigeria, DAI is also available via local exchanges and P2P — see our DAI in naira page. Always compare fees and use reputable platforms.
Dai in Other Currencies
Dai FAQ
What is the price of Dai today?
As of Mon, 05 Oct 2026 07:00:03 UTC, Dai (DAI) is trading at $0.9999, up 0.01% over the last 24 hours. Its market capitalization is $4.60B, ranking it #29 among all cryptocurrencies.
What is Dai's market cap?
Dai has a market capitalization of $4.60B (rank #29), calculated as its circulating supply of 4,599,904,606 DAI multiplied by the current price of $0.9999.
What is the all-time high of Dai?
Dai's all-time high is $1.22. At $0.9999 today, it is trading below that level.
How many DAI are there?
Dai has a circulating supply of 4,599,904,606 DAI with no fixed maximum supply, and a total supply of 4,598,334,242 DAI.
Will Dai go up? Is it a good investment?
No one can reliably predict whether Dai will rise or fall — anyone promising guaranteed DAI returns is not trustworthy. Dai is an established asset, but all crypto is volatile. Research it yourself and only risk what you can afford to lose. This is not financial advice.
Where can I buy Dai?
You can buy Dai (DAI) on major exchanges such as Binance, Coinbase, Kraken, Bybit and OKX. In Nigeria, DAI is also available via local exchanges and P2P — see our DAI in naira page. Always compare fees and use reputable platforms.
How does Dai maintain its 1:1 peg to the US dollar?
Dai maintains its peg through a system of collateralized debt positions (CDPs) where users lock up cryptocurrency assets as collateral, typically in excess of the value of Dai they wish to generate, to ensure stability.
What happens if the collateral value falls below a certain threshold?
If the value of the collateral falls below a specified threshold, the smart contracts automatically trigger a liquidation process to ensure that the value of Dai remains backed by sufficient assets.
Can Dai be used for everyday transactions?
Yes, Dai can be used for everyday transactions wherever ERC-20 tokens are accepted, and it is also commonly used in DeFi applications for lending, borrowing, and trading due to its stable value.
Data from CoinGecko & Binance, source-stamped above. Information only — not financial advice. Crypto is volatile and high-risk.