Today, the live price of Dai (DAI) is approximately $0.999836 per (DAI / USD).
DAI Price Overview
Dai (DAI) is a decentralized stablecoin that aims to maintain a stable value, typically pegged to the US dollar. Its design minimizes price volatility, making it a reliable digital asset for transactions and savings within the cryptocurrency ecosystem.
Key Metrics for DAI
The current market data for Dai provides a comprehensive look at its standing in the cryptocurrency market. These figures are updated in real-time to reflect the latest trading activities.
| Metric | Value |
|---|---|
| Live Price (DAI/USD) | $0.999836 |
| Current Market Cap | $5.36 Billion |
| 24-Hour Trading Volume | $159.90 Million |
| 24-Hour Change | 0% |
| Circulating Supply | 5.37 Billion |
These metrics highlight DAI's stability, with its price remaining very close to one US dollar and showing 0% change over the last 24 hours, which is typical for a stablecoin. The significant market cap and trading volume indicate its widespread adoption and liquidity.
What is DAI?
DAI is a collateral-backed cryptocurrency whose value is soft-pegged to the U.S. dollar. It is created and governed by the Maker Protocol, a decentralized autonomous organization (DAO). Unlike other stablecoins that might be backed by fiat reserves, DAI is backed by a mix of other cryptocurrencies locked in smart contracts. This decentralized approach is designed to maintain transparency and censorship resistance.
Where to Find Real-Time DAI Price Information
For the most accurate and real-time updates on DAI's price, market cap, and trading volume, you can refer to reputable cryptocurrency exchanges and data platforms. These platforms continuously update their information to reflect the dynamic nature of the crypto market.
You can find the latest price and detailed market data for Dai on platforms like Binance.
