Dai
Market Open
13 Sep, 07:04
$
0. 999760
0
0%
$
7,680 Volume
$ 0.99976
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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
Coinbase ends support for DAI on Avalanche, Arbitrum, and Optimism networks
Coinbase's network support reduction may drive users to seek alternative platforms, impacting DAI's accessibility and Layer 2 network growth. Coinbase ends support for DAI on Avalanche, Arbitrum, and Optimism networks.
Cryptobriefing | 1 month ago
Is Ethereum Readying for Bullish Takeoff? Mysterious Whale Spends $50.04M DAI to Buy 25,425 ETH
Whale clients are showing renewed appetite for Ether, a development that could benefit crypto customers looking to leverage market trends for returns.
Zycrypto | 1 month ago
MakerDAO Endgame Timeline Puts DAI's Next Identity Shift On The Clock
MakerDAO's Endgame roadmap is moving from theory into rollout planning, with a new forum timeline laying out the next phase of its brand transition and stablecoin structure. TL;DR This article was written by the News Desk and edited by Sam
Bitcoinist | 2 months ago
DAIUSD FAQ
What is the current Dai price?
The current price is $0.999760, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by 0 (0%), showing how much the asset has moved compared to the previous close.
What is the previous close for Dai?
The previous close was $0.999760, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (0%) 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 ($0.999550) and highest ($0.999950) 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 ($0.999760) is below the previous close ($0.999760), 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.
