Dai (DAI) Price

Dai is a decentralized stablecoin cryptocurrency pegged to the US dollar. It is built on the Ethereum blockchain and maintained by the MakerDAO protocol. Key features of Dai include: - Stable value: Dai aims to maintain a 1:1 peg with the US dollar through a system of smart contracts and collateralized debt positions. - Decentralized: No central authority controls Dai. It is governed by MakerDAO, a decentralized autonomous organization. - Collateral-backed: Dai is generated when users lock up excess collateral (typically ETH) in smart contracts. - Widely used in DeFi: Dai is one of the most popular stablecoins in decentralized finance applications. As of 2026-05-09, Dai has a market cap of $4.43B and is ranked #29 by market capitalization. The current price is $0.999501 with a 24-hour trading volume of $0.00. There are 4.43B DAI DAI in circulation out of a total supply of 4.36B DAI. Dai plays a crucial role in the crypto ecosystem by providing a stable store of value and medium of exchange. Its decentralized nature and collateral-backing make it a popular choice for DeFi lending, borrowing, and trading applications.

Dai was created on November 18, 2019. It was launched as a decentralized stablecoin on the Ethereum blockchain by MakerDAO, a decentralized autonomous organization. Dai aims to maintain a stable value pegged to the US dollar through a system of smart contracts and collateralized debt positions. Since its creation, Dai has become one of the most widely used stablecoins in the decentralized finance (DeFi) ecosystem, providing a stable store of value and medium of exchange for crypto transactions and applications. As of 2026-05-09, Dai has a circulating supply of 4.43B DAI and a total market cap of $4.43B. The current price of Dai is $0.999501, with a 24-hour trading volume of $0.00. Dai is ranked #29 by market capitalization among all cryptocurrencies.

Dai was founded by MakerDAO, a decentralized autonomous organization established in 2015. The key individuals behind MakerDAO and the development of Dai include: - Rune Christensen: Co-founder and CEO of MakerDAO - Nikolai Mushegian: Co-founder and former CTO of MakerDAO - Andy Milenius: Former CTO of MakerDAO MakerDAO created Dai as a decentralized, collateral-backed stablecoin designed to maintain a stable value relative to the US dollar. The project aims to provide a stable cryptocurrency that is transparent, autonomous, and resistant to censorship. Since its launch in 2017, Dai has become one of the most widely used stablecoins in the decentralized finance (DeFi) ecosystem. As of 2026-05-09, Dai has a market cap of $4.43B and is ranked 29 among all cryptocurrencies. The current price of Dai is $0.999501, with a 24-hour trading volume of $0.00.

Dai works as a decentralized stablecoin on the Ethereum blockchain. Here's how it functions: 1. Users lock up crypto assets as collateral in smart contracts called Collateralized Debt Positions (CDPs). 2. Based on the collateral value, users can generate DAI tokens, which are designed to maintain a 1:1 peg with the US dollar. 3. The system uses a target rate feedback mechanism to maintain price stability. If DAI deviates from $1, the system adjusts incentives to bring it back in line. 4. To reclaim their collateral, users must repay the DAI they generated plus a stability fee. 5. If collateral value drops too low, the system automatically liquidates positions to protect the overall stability. 6. The MakerDAO community governs the system, voting on key parameters like collateral types and fees. As of 2026-05-09, DAI has a market cap of $4.43B and is ranked #29 among cryptocurrencies. Its current price is $0.999501 with a 24-hour trading volume of $0.00.

Dai is built on a multi-collateral system using smart contracts on the Ethereum blockchain. Its key technical components include: 1. Collateralized Debt Positions (CDPs): Smart contracts that allow users to lock up collateral assets and generate DAI tokens. 2. Price Oracles: External data feeds that provide real-time price information for collateral assets. 3. Stability Fee: An interest rate charged on CDPs to help maintain the DAI peg. 4. Dai Savings Rate (DSR): An interest-bearing savings account for DAI holders. 5. Emergency Shutdown: A fail-safe mechanism to protect the system in extreme market conditions. 6. Governance: Decentralized decision-making through the MakerDAO protocol using MKR tokens. 7. Liquidation Engine: Automatically liquidates undercollateralized CDPs to maintain system solvency. This architecture allows Dai to maintain its $0.999501 peg to the US dollar while remaining fully decentralized and overcollateralized. The system's flexibility enables it to adapt to market conditions and maintain stability.

The future and roadmap of Dai looks promising. As a leading decentralized stablecoin, Dai aims to maintain its dollar peg while expanding its use cases in DeFi. Key priorities include: 1. Scaling: Improving scalability on Ethereum and expanding to more Layer 2 solutions and sidechains. 2. Collateral diversification: Adding support for new collateral types to back Dai issuance. 3. Real-world asset integration: Exploring ways to use real-world assets as collateral. 4. Governance improvements: Enhancing the decentralized governance process for Dai. 5. Adoption: Driving greater adoption of Dai in DeFi protocols, payments, and as a store of value. 6. Interoperability: Enabling seamless use of Dai across multiple blockchains. By 2027, Dai aims to be the most widely used decentralized stablecoin. Long-term goals include becoming a global unit of account and medium of exchange by 2031. The Dai ecosystem continues to innovate while maintaining its core focus on stability and decentralization.

Dai is rising due to increased demand in the DeFi ecosystem and growing adoption as a stable store of value. Its peg to the US dollar and overcollateralized backing provide stability, attracting more users seeking a reliable cryptocurrency.

Dai may be dropping due to market volatility, changes in investor sentiment, or broader economic factors affecting the crypto market. Its price is currently $0.999501 with a 0.00% change in the last 24 hours.

Dai is designed to maintain a stable value of $1, so it's unlikely to go significantly higher. Its price typically fluctuates within a very narrow range around $1, as seen by its current price of $0.999501. The stability mechanism aims to keep DAI at this target price over time.

Dai price movements are unpredictable, but it may rise in 2027 if market conditions improve and demand increases. The current price is $0.999501 with a market cap of $4.43B. Always do your own research before investing.

The current price of Dai (DAI) is $0.999501. As the #29 cryptocurrency by market cap, DAI has seen a 0.00% change in the last 24 hours with a trading volume of $0.00.

The highest price Dai has ever reached is $1.220000.

The lowest price Dai has ever reached is $0.881960.

Currently, 1 DAI is worth $0.999501.

Dai is valuable as a decentralized stablecoin pegged to the US dollar, providing stability in the volatile crypto market. Its value is maintained through overcollateralization and smart contract mechanisms, making it a reliable medium of exchange and store of value in the DeFi ecosystem.

As of 2026-05-09, there are 4.43B DAI DAI in circulation. The total supply of Dai is 4.36B DAI.

No, Dai is not mineable. It is a stablecoin created through collateralized lending on the Ethereum blockchain, not through mining.

Dai was officially launched on November 18, 2019.

Currently, one DAI costs $0.999501.

You can buy Dai through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy DAI at $0.999501.

To purchase DAI, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to DAI trading pair, enter purchase amount, and confirm your transaction. Store your DAI in a secure wallet for safekeeping.

Yes, Dai is generally considered safe and legitimate. It is a decentralized stablecoin backed by collateral and maintained by smart contracts on the Ethereum blockchain. Dai has been operating since 2017 and is widely used in the DeFi ecosystem.

Dai is a decentralized stablecoin pegged to the US dollar, created by MakerDAO. It maintains its $1 value through overcollateralization with crypto assets. Dai is widely used in DeFi applications and can be freely traded or held as a stable store of value.

Yes, Dai is considered a good crypto. As a stablecoin pegged to the US dollar, it offers stability and is widely used in DeFi applications. Dai has maintained its $0.999501 peg consistently and has a large $4.43B of $4.43B, ranking 29 among all cryptocurrencies.

The future of Dai looks promising. As a leading stablecoin in DeFi, DAI is expected to maintain its $1 peg and grow in adoption. By 2031, Dai could reach a market cap of $$4.43B billion, cementing its position as a core DeFi building block.

The value of 1 Dai is designed to be pegged at $0.999501, maintaining a stable 1:1 ratio with the US dollar through various financial mechanisms and collateralization.