Dai Latest News
Dai Stock Price Chart
Dai (DAI) Price in USD with Live Chart & Market Cap
About Dai :
What is Dai(DAI)? DAI is an ERC20 based stable token that has developed on the Ethereum(ETH) blockchain technology. It is a stable value of one U.S. dollar, which the MakerDAO has issued. The DAI is the first collateral-backed cryptocurrency, and it can maintain its stable 1:1 value with the U.S. dollar by locking other crypto assets in the contract. Stable cryptocurrency is not rare and new now. We have many stable cryptocurrencies which are in demand gl...Read more
Fully Diluted Market Cap
Market Cap / TVL Ratio
Total Value Locked (TVL)
Volume / Market Cap
Dai Price Chart US Dollar (DAI/USD)
|#||Name||Price||% 1h||% 24h||MarketCap||Circulating Supply||Volume||7d|
|1||$8.37||-0.07%||-9.51%||$518.94 M||62,019,747||$27.12 M|
|2||$0.0004146574||0.02%||-1.32%||$8.53 M||20,571,994,592||$366.09 K|
|3||$0.0091548391||0.35%||-2.26%||$7.32 M||800,000,000||$952.80 K|
|4||$0.2020114663||-0.27%||-7.91%||$6.32 M||31,271,504||$3.53 K|
|5||$0.0536531670||3.2%||8.58%||$1.55 M||28,936,238||$51.20 K|
Dai (DAI) Price Live Statistics
Dai price today is $1 USD, which is up by 0.03% over the last 24 hours. There has been an hourly rise by 0.01%. Dai’s market cap currently sits at $5,575,710,000.00 USD, holding up for a market cap rank at #21. There is an upsurge in the weekly values by 0.04% Yesterday’s opening price reports to be $1 USD while closing rates were $1 USD The high/low price for yesterday was $1.01 USD / $0.9997793400 USD and the volume were at $617,980,199.02 USD The high and low price for 7 days is $1.01 USD / $0.9994727300 USD , for 30 days is $1.01 USD / $0.9970680100 USD and for 90 days is $1.05 USD / $0.8934829500 USD Dai ranks no 21 in the market capitalization of Dai is at $5,575,710,000.00 and its volume for 24 hours is $549,869,000. 5.57 B Dai are under circulation, with total supply of 5.57 B and the Maximum supply of -.
Who created DAI?
DAI is a product of MakerDAO and founded in 2014 by Rune Christensen. His first project, MakerDAO and first introduced in 2015. After that, the maker protocol started making DAI design, and it was launched in 2017 December on the Marker Protocol.
Why use DAI?
Users and investors are interested in buying DAI because it offers efficiency and transparency benefits and protects from price volatility. DAI is the same as other cryptocurrencies. It is borderless, programmable, and can transfer quickly, but the bonus point is price stability. You can purchase and transfer DAI to exchange other cryptocurrencies.
How does Dai work?
DAI is a crypto asset, and cryptocurrencies can collateralize it. If you are planning to acquire DAI on the other side, they can spend ETH to purchase the dollar equivalent to DAIanf they can collateralize ETH or any other asset with the help of Maker protocol.
CDPs (Collateralized Debt Positions) is a smart contract on maker protocol, and with the help, users can leverage to lock their collateral assets and generate DAI.
DAI offers high collateralization, which means the deposit amount should be higher than DAI. For instance, to receive $100 DAI, the user has to spend $200 in Ethereum(ETH). That means to users' account for the potential decrease in the value of ETH. Additionally, If ETH down by 25%, The $100 in the DAI will be safe and collateralized in Ethereum by $150. If you want to recover stored ETH, the user has to return DAI by paying a stable fee.
The circulating supply of DAI?
DAI is stable and currently ranked number #20 with the $4.85($ 4,846,312,004) billion market cap. The current circulating supply is 4.85(4,845,139,918.52) billion DAI out of the total supply of 4.85(4,845,139,918.52). The current 24h volume of DAI is $ 968.01($ 968,014,981) million.
How to buy DAI?
Maker Dai aims to create stable coins, and the idea behind this is to handle the volatility. If you are planning to buy DAI, you have to require either BTC or Ethereum for trading.
There are several ways to buy DAI. It is available on every exchange, but buying from top exchanges makes our purchase secure. There are only three 3 to buy and trade DAI includes:
- Signup to exchanges
- Verify your identity and despite funds
- Start buying and trading Ripple.
We are listing down some top exchanges where you can buy DAI easily, and that includes:
Dai Price Today
|Dai Price||$1 USD|
|24 Hour High / Low||$1 USD / $0.9997749400 USD|
|24 Hour Volume||$549,869,000|
Dai Price Yesterday
|Yesterday's High / Low||$1.01 USD / $0.9997793400 USD|
|Yesterday's Open / Close||$1 USD / $1 USD|
|Yesterday's Change||0.0007188800 USD (%)|
|Yesterday's Volume||$617,980,199.02 USD|
Dai Price History
|7 Day High / Low||$1.01 USD / $0.9994727300 USD|
|30 Day High / Low||$1.01 USD / $0.9970680100 USD|
|90 Day High / Low||$1.05 USD / $0.8934829500 USD|
|Circulating Supply||5.57 B|
|Total Supply||5.57 B|
|Dai Price (BTC)||0.00044652|
|Dai/Bitcoin Ratio||1 BTC = 0.0000261751 DAI|
Binance Reduces Daily Withdrawals for Unverified Accounts to 0.06 BTC
Binance has reduced daily withdrawal limits for unverified accounts from 2 BTC to 0.06 BTC Binance has also reduced leverage on new futures accounts to 20x There is also a new tax reporting tool on Binance for users who are obligated to report their capital gains The exchange has...
Bitcoin Hits $34,800 as Daily Trading Volume Hits Nine Month Low
Bitcoin has recovered from its weekly low as it hits a two-week-high, despite daily trading volume plummeting to its lowest levels since October 2020.
SpaceX owns BTC, daily Dogecoin volume soared to nearly $1B in Q2, Grayscale eyeing DeFi and ETF: Hodler’s Digest, July 18–24
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! The post SpaceX owns BTC, daily Dogecoin volume soared to nearly $1B in Q2, Grayscale eyeing DeFi and ETF: Hodler’s Digest, July 18–2...