¥7.16
-¥0.004248 (0.06%) (24h change)
Overview
Dai (DAI) is the primary stablecoin of the Maker cryptocurrency project, a multi-faceted DeFi (Decentralized Finance) solution built on the Ethereum blockchain.
Dai Cryptocurrency: A Core Component of the Maker Ecosystem
The Maker ecosystem revolves around the Maker Protocol, a decentralized application (DApp) governed by MakerDAO—a Decentralized Autonomous Organization (DAO). Key elements include:
- Dai (DAI): An ERC-20 stablecoin pegged to the US dollar (USD).
- MKR Token: Maker’s governance token, used for voting on protocol changes.
How Dai Works
- Collateralized Loans: Users deposit Ethereum-based assets (e.g., ETH, ERC-20 tokens) as collateral into Maker Vaults to mint Dai.
- Stability Mechanisms: Dai maintains its peg via smart contracts, liquidation thresholds, and DAO-governed adjustments.
- Overcollateralization: Borrowers must provide collateral worth more than the Dai borrowed to mitigate volatility risks.
Dai Price Stability
As a stablecoin, Dai’s price typically hovers near 1 DAI = 1 USD. Minor fluctuations may occur due to market dynamics, but the system’s design minimizes deviations.
👉 Real-Time Data: Check the Dai-to-CNY price at the top of this page.
Latest Market News
Key Updates
- ETH Price Crash Triggers DeFi Liquidations: Ethereum’s 14% drop led to collateral liquidations on MakerDAO.
- DAI’s Role in 2022: Despite market turmoil, Dai upheld stability and DeFi utility (source).
- MakerDAO’s Treasury Plans: Proposal to invest $500M in low-risk bonds for yield generation (details).
DAI Key Metrics
| Metric | Value |
|----------------------|-------------------|
| Market Cap | ¥384.18B |
| 24h Volume | ¥3.82B |
| Circulating Supply | 53.65B DAI |
| Year-to-Date Return | -0.09% |
Price Highlights
- 24h Range: ¥7.15 – ¥7.19
- 52-Week High/Low: ¥7.69 / ¥7.03
- All-Time High: ¥8.17
FAQs
1. Why does Dai’s price fluctuate slightly?
Dai’s peg is maintained algorithmically, but minor deviations occur due to supply-demand imbalances or collateral volatility.
2. How is Dai different from USDT or USDC?
Dai is decentralized and backed by crypto collateral, while USDT/USDC rely on centralized reserves.
3. Can I earn interest with Dai?
Yes, platforms like Maker Vaults or DeFi lending protocols offer yield opportunities.
👉 Explore Dai’s DeFi integrations for earning strategies.
Conclusion
Dai remains a cornerstone of Ethereum’s DeFi landscape, combining stability with decentralized governance. For real-time tracking, use the Dai Price Calculator below:
DAI/CNY Calculator: Input any amount to convert.