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An impartial, objective analysis of Dai's features to help you compare it with other coins.
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Price to ATH

DAI is a crypto-backed algorithmic stable coin provided by MakerDAO. One DAI is equal to one USD. Unlike other fiat-collateralized stablecoins, DAI is overcollateralized. If you want to receive 100 DAI which is worth 100$, you need to collateralize 150$ worth of Ethereum. The collateral ratio is decided by the MakerDAO platform's governance where anyone with MKR coin can vote. DAI is a fully decentralized stablecoin.

With a total market cap of over $5.38 billion, Dai is the No. 23 cryptocurrency by market size. The currency symbol for Dai is DAI. There will only ever be 4.26 billion Dai tokens issued. So far 5.38 billion tokens (126.3% of the total supply) have been issued.

7 Nov 2023: The Circulating Supply and Total Supply for DAI is updated to reflect the Total DAI Supply. For more information on Total DAI Supply and ERC-20 DAI Supply, please read here.

We found crypto protocols offering up to 25.9% APY on Dai deposits (25.9% APY DeFi) and loans as low as 5.78% APY against Dai used as collateral. Check out our Dai staking yields table and Dai loan rates table for further details.

Dai Price History

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7 Days


30 Days


60 Days


1 Year
All Time Low
$0.882 USD
11 Mar 2023
1 year and 34 days ago
All Time High
$1.22 USD
13 Mar 2020
4 years and 32 days ago

Will the Price of Dai Go Up or Down?

The technical price analysis for Dai below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Dai.

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Dai FAQs

AThe highest price that Dai ever reached was $1.22 USD. This all time high price occured on 13 Mar 2020.
AThe lowest price that Dai ever reached was $0.88196 USD. This all time low price occured on 11 Mar 2023.
AYes you can find the Dai Reddit channels at .
AYes Dai is a stablecoin which means that it's value is pegged to a fiat currency and should maintain a fairly constantly exchange rate with that currency.
ADai is part of the Ethereum, Polygon, Avalanche, Moonriver, Harmony, Optimism, Arbitrum Ecosytem, Bnb Chain and Fantom ecosystems.
AYes, staking is available for Dai on a number of platforms. For a full list of Dai staking yields see our list of Dai staking yields.
AYou can earn up to 25.9% APY by staking your Dai tokens. Check out our Dai staking yields table for further details.
ARight now the best staking rates are on Beefy Finance with an income rate of up to 25.9% APY.
AYou can check the technical indicators for Dai on the Dai Price Trend tab. These indicators are based on the analysis of multiple trading signals for Dai.
AYou can find the cheapest exchange on which to buy Dai on the Dai Buy tab.
AAlmost all Dai loans require you to provide collateral of higher value than the value of the loan that you are tkaing it. The only exception to this is Dai flash loans which allow you to borrow uncollateralised Dai for a few seconds as part of a wider transaction. You will need advanced coding skills to take advantage of flahs loans. You can compare all Dai loans on the Dai Loans tab.

Dai Comparisons

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