Dai (DAI)

1M
DAI
1.0095 USD +0.49%
0.00007358 BTC -3.94%
DAI
$ 1.0095 +0.49%
0.00007358 BTC -3.94%
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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 943,891,686 DAI
Circulating Supply 943,891,686 DAI

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Dai Calculator

The Tokens.net Dai price calculator tool allows you to convert easily between Dai and preferred fiat currencies (USD or EUR). This simple converter uses actual exchange rates based on the Tokens.net Dai last price.

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