Dai (DAI)

1M
DAI
1.0234 USD +0.90%
0.00011221 BTC +2.60%
DAI
$ 1.0234 +0.90%
0.00011221 BTC +2.60%
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What is Dai?
The Dai cryptocurrency is a stablecoin with its price stabilized relative to the value of the U.S. dollar. It was created by the Dai Stablecoin System, makers of a decentralized platform running on the Ethereum blockchain. For price stabilization, it uses a dynamic system of Collateralized Debt Positions (CDPs), autonomous feedback mechanisms and appropriately incentivized external actors.

Generating Dai is possible through the Maker platform with leveraged Ethereum assets and can be used as any other cryptocurrency. Its generation of stablecoins creates the components needed for a robust decentralized margin trading platform.

Technology & Supply

Learn more technical information about the digital asset.

Currency Type Token
Proof Type Not mineable
Total Supply 143,328,864 DAI
Circulating Supply 143,328,864 DAI

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