Dai

1.01
0.42%
USD
Exchange DAI
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Price History
Market Cap
102,813,432 USD
24h Volume
2,784,705 USD
Circulating Supply
101,798,422 DAI
Max Supply
101,798,422 DAI
Dai Overview
Dai is a cryptocurrency that automatically reacts to emergent market conditions in order to stabilize its value against the major world currencies. Dai is created by the Dai Stablecoin System, a decentralized platform that runs on the Ethereum blockchain.
Blockchain
Ethereum
Consensus Method
Ethereum Consensus
Status of Project
Fully Working Product
Coin Age
23 months
Algorithm
N/a
Block Processing
N/A
Emission Rate
Proportional To Network Activity
Community size
33,138
Open Source
Yes
CEO
Rune Christensen
CTO
Andy Milenius
Team Memberes
58 member, 23 developers
Dai News
View All
MakerDAO Proposes New DAI Ceiling After Hitting $100 Million Cap
The MakerDAO loan system, administered by the Maker Foundation, hit its debt ceiling Wednesday with roughly $100 million worth of the stablecoin DAI issued and more than $339 million worth of ethereum locked up as collateral.
Dai Stablecoin Hits 100M Debt Ceiling Ahead of Collateral Protocol Upgrade
The Dai stablecoin has reached its 100 million token debt ceiling, meaning that there are currently 100 million Dai tokens minted.
Dolomite DEX to Launch Margin Trading with Stop-Loss Orders
Non-custodial decentralized exchange Dolomite announced that on Nov. 4 it will add a margin trading with stop-loss orders.
There's Now a DAO for Deciding Which Blockchains to Stake On
That's the idea behind StakerDAO, a new decentralized autonomous organization for investing in existing proof-of-stake blockchains.
MakerDAO whale with 94% voting power reduces Dai stability fee by 4%
A MakerDAO token holder almost single-handedly decreased the stability fee on the Dai stablecoin by 4 percent, as he held 94 percent of the voting power for the proposition.
Stablecoin Adoption: DAI in a Visa Card, Tether Sees Use in E-Commerce
Ethereum-based decentralized stablecoin DAI is now spendable where VISA cards are accepted and leading stablecoin Tether is seeing increasing use by e-commerce organizations.
Lock BTC, Get DAI: Lending Firm Bridges Bitcoin-DeFi Divide in Latin America
Canadian startup Ledn, which offers bitcoin-backed fiat loans, now also offers dollar-pegged DAI loans, connecting bitcoin users with ethereum's decentralized finance ecosystem.
Investor: DeFi reflects rising Ethereum demand, total ETH locked in hits ATH
"Total ETH locked in DeFi is approaching its all-time high of 2.332M, levels last seen in mid-April 2019. At the moment, ~2.13% of all ETH is locked in DeFi.".
$18 B Data Firm Using xDai Chain Sidechain for Payments at Conference
Publicly traded software firm Splunk is using Ethereum sidechain xDai Chain to power the payments at its Las Vegas SplunkConf 2019.Payments at the conference.
McAfee Champions Importance of Stablecoins for Decentralized Exchanges
American entrepreneur and staunch crypto advocate, John McAfee, has argued for the importance of stablecoins for decentralized exchange adoption.
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