DAI Price Performance (USD)
- Current Price: $1.0000
- 24h Change: +0.04%
- Circulating Supply: 35,999,893 DAI
- Max Supply: 35,999,972 DAI
- Fully Diluted Market Cap: $36.0M
Price data updates in real-time.
What Is Dai Token (DAI)?
DAI is a decentralized stablecoin pegged to the USD, secured by blockchain technology and collateralized crypto assets. Unlike traditional stablecoins, DAI maintains its stability through smart contracts rather than centralized reserves.
Why Invest in DAI?
- Decentralization: No single entity controls DAI, reducing counterparty risk.
- Stability: Algorithmically adjusted to minimize price volatility.
- Global Utility: Facilitates borderless transactions without intermediaries.
- Transparency: All collateral is publicly verifiable on-chain.
👉 Learn how to buy DAI securely
How to Buy & Store DAI
Purchasing Options:
- Exchanges: Trade DAI on major crypto platforms.
- Peer-to-Peer (P2P): Direct purchases via decentralized markets.
Storage Solutions:
- Hot Wallets: Software-based (e.g., MetaMask).
- Cold Wallets: Hardware devices (e.g., Ledger) for offline security.
DAI Price Dynamics
DAI’s value fluctuates based on:
- Market demand for stablecoins.
- Collateralization ratios of backing assets.
- Adoption rates in DeFi protocols.
FAQs About DAI
1. Is DAI really stable?
Yes, DAI uses overcollateralization and automatic adjustments to maintain its $1 peg, though minor deviations can occur during extreme market conditions.
2. Where can I trade DAI?
DAI is listed on top exchanges like Binance, Coinbase, and OKX.
3. What backs DAI?
Primarily ETH and other crypto assets, held in smart-contract-controlled vaults.
4. Can DAI be used for loans?
Yes, platforms like MakerDAO allow borrowing against DAI-collateralized deposits.
5. How does DAI differ from USDC?
USDC is centralized (issued by Circle), while DAI is decentralized and community-governed.
The Future of Stablecoins
DAI exemplifies innovation in decentralized finance (DeFi), merging stability with blockchain’s trustless nature. Its growth reflects rising demand for censorship-resistant money.
👉 Explore DAI’s latest developments
Disclaimer: Crypto investments carry risks. Conduct independent research before trading.
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