Dai
Market Open
9 Jun, 18:16
$
0. 999830
+0.00022
+0.022%
$
223,181 Volume
$ 0.99961
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DAIUSD Overview
DAIUSD denotes the exchange rate between Dai (DAI) and the US Dollar (USD), expressing how many US dollars are required to buy one Dai. Markets quote DAIUSD to indicate the current value of the Dai token in USD terms, and the pair is used across centralized exchanges and decentralized platforms.
Dai is a blockchain-based stablecoin originating from the MakerDAO protocol. First introduced as Single-Collateral Dai (SAI) in 2017 and later upgraded to Multi-Collateral Dai in 2019, it is an ERC-20 token on Ethereum governed by MakerDAO participants. Dai is designed to maintain a soft peg to the US dollar through overcollateralized vaults and protocol parameters rather than a fiat reserve, and its supply adjusts according to collateralized borrowing activity.
The DAIUSD price is set by market supply and demand across exchanges and automated market makers, while on-chain arbitrage and Maker governance settings (such as stability fees and eligible collateral) help restore the peg. Liquidity conditions, large token flows, market sentiment and macroeconomic shocks can all cause temporary deviations from the one-dollar target.
For traders and investors, DAIUSD provides a dollar-denominated trading and settlement option within cryptocurrency markets, useful for hedging, capital preservation and DeFi operations. Although Dai typically shows lower volatility than other tokens, it can experience short-term price dislocations during liquidity stress; major venues generally offer deep trading liquidity.
Dai is a blockchain-based stablecoin originating from the MakerDAO protocol. First introduced as Single-Collateral Dai (SAI) in 2017 and later upgraded to Multi-Collateral Dai in 2019, it is an ERC-20 token on Ethereum governed by MakerDAO participants. Dai is designed to maintain a soft peg to the US dollar through overcollateralized vaults and protocol parameters rather than a fiat reserve, and its supply adjusts according to collateralized borrowing activity.
The DAIUSD price is set by market supply and demand across exchanges and automated market makers, while on-chain arbitrage and Maker governance settings (such as stability fees and eligible collateral) help restore the peg. Liquidity conditions, large token flows, market sentiment and macroeconomic shocks can all cause temporary deviations from the one-dollar target.
For traders and investors, DAIUSD provides a dollar-denominated trading and settlement option within cryptocurrency markets, useful for hedging, capital preservation and DeFi operations. Although Dai typically shows lower volatility than other tokens, it can experience short-term price dislocations during liquidity stress; major venues generally offer deep trading liquidity.
DAIUSD Chart
Binance Completes DAI to USDS Token Swap: What Changed and Why It Matters
Binance has completed its Dai (DAI) token swap, automatically converting all user DAI balances to USDS at a 1:1 ratio as the exchange fully transitions to Sky Protocol's rebranded stablecoin. New USDS trading pairs went live at 08:00 UTC on April 9, 2026, marking the end of DAI's presence on the world's largest crypto exchange.
Coincu | 2 months ago
DAI Transition Underway as Coinbase Sets Schedule for USDS Migration
Coinbase supports the migration of the DAI stablecoin to the new USDS token, establishing an automatic conversion window that will run between May 4 and May 6, 2026. The exchange reported that user balances will be updated at a 1:1 ratio without additional fees, reflecting the evolution of the ecosystem formerly known as MakerDAO.
Crypto-economy | 2 months ago
DAI migration to USDS begins as Coinbase outlines conversion timeline
Coinbase has outlined its plan to convert DAI to USDS, while data shows the new stablecoin is already gaining traction across the market.
Ambcrypto | 2 months ago
DAIUSD FAQ
What is the current Dai price?
The current price is $0.999830, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by +0.00022 (+0.022%), showing how much the asset has moved compared to the previous close.
What is the previous close for Dai?
The previous close was $0.999610, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (+0.022%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($0.997960) and highest ($1.002220) prices traded during the selected period, helping assess volatility.
Why is Dai (DAI) moving today?
Price movements in Dai are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($0.999830) is above the previous close ($0.999610), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for Dai?
You can view real-time charts, price updates, and market data for Dai (DAI) directly on this page.
