DAI to CAD - Dai Price in CAD
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DAI to CAD Price Chart
Risk Analysis
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Has the price increased over the past year?
Price has decreased by -0.06% in the last 1 year.
Is it a new crypto Project?
Released 3 Years ago on Nov,21 2019.
Is the total supply of Dai higher than the circulating supply?
The circulating supply has yet to be published.
The liquidity based on market capitalization to volume ratio should be sufficient.
Has high liquidity with 0.01638 volume to market cap ratio. The current market cap is $5.3B while the 24-hour volume is $86.72M
Dai (DAI) Markets
Dai Quarterly Returns
| Year | Q1 | Q2 | Q3 | Q4 | Total |
|---|---|---|---|---|---|
DAI comes under the list of new-arrival cryptos. Hence, there is no Quarterly Return exist. | |||||
Trending Coins and Tokens
View all trending coinsDai to Data
DAI to CAD price today is $1.35, which is Down by -0.09% over the last 24 hours. There has been an hourly Dip by -0.04%. Dai's market cap currently sits at $7,169,585,235.83 CAD, holding up for a market cap rank at #17. The volume were at $117,422,719.04 CAD Dai ranks no 17 in the market capitalization of Dai is at $7,169,585,235.83 and its volume for 24 hours is $117,422,719.04. Dai are under circulation, with total supply of 5.3B and the Maximum supply of 0.
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 globally. Stable crypto includes USDT, BUSD, USDC, PAX, Gemini Coin, and upcoming facebook's Diem. DAI is a stable Ethereum token, and it is used to pay for things and easily transferable between Ethereum wallets.
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:
- Binance
- Kraken
- Huobi Global
- OKEx
- KuCoin
- HitBTC
- Gate.io
- Upbit Market
By exchanging DAI against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, Dai can be earned or received in various ways. DAI considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the DAI, including DAI to PHP, DAI to INR, DAI to NGN, DAI to THB, DAI to CAD, DAI to PKR, DAI to IDR , DAI to EUR , DAI to AUD , DAI to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.
Would you like to know how many cryptocurrencies 1 DAI is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can convert and check any crypto pairs like DAI to ARB, DAI to XRP, DAI to SHIB, DAI to BTC, DAI to BLUR, DAI to RDNT, DAI to ID, DAI to SOL .
How much is a one Dai worth now?
The current price of the Dai(DAI) is $1.35, with a current market cap $7,169,585,235.83.
What is the Dai stock symbol or ticker?
DAI is a ticker symbol of the Dai.
How many DAI coins are there in circulation?
At the movement,5.3B Dai tokens are already in the market out of 5.3B DAI.
How can I invest in Dai?
There are many options for buying crypto, and Dai can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy Dai. It's a quick, easy, and secure way to buy Dai(DAI).
Is Dai a stablecoin?
Yes,It is a stablecoin.
What was the lowest price for Dai?
Dai had an all-time low of $1.21.
What was the Highest price for Dai?
Dai had an all-time low of $1.21.
How old is Dai?
Dai was created on 21 November 2019.
Can Dai be mined?
No, the Dai (DAI) coin cannot be mined.
DAI to CAD Price Statistics
Dai to CAD Price Today
| DAI to CAD | $1.35 |
| Percentage Change ( 24h ) | ▼0.09% $0.00335 |
| 24h High / Low | $1.36 / $1.35 |
| Trading Volume 24h | $117,422,719.04 |
| Volume / Market Cap | 0.01638 |
| Market Dominance | 0.45% |
| Market Rank | 17 |
| Market Cap | $7,169,585,235.83 |
| Fully Diluted Market Cap | $7,169,585,235.82 |
| All Time High | $4.97 ▼63.2% |
| All Time Low | $1.21 ▲50.50% |
| Circulating Supply | 5,299,629,583 DAI |
| Total Supply | 5,299,629,583 DAI |
| Max Supply | N/A |