Dai (DAI)

charts, markets, prices and volume

Price

$1.01 +1.75%

฿ 0.00015690 +2.31%

MARKET CAP

$63,702,888

9,851 BTC

24H VOLUME

$14,853

2 BTC

24H LOW/HIGH

$1.00 - $1.01

฿0.00015358 - ฿0.00015690

ALL TIME HIGH

$1.38 -26.46%

฿0.00021875 -28.27%

CIRCULATION

62.79m DAI

Buyers 31%

across 5 markets

69% Sellers
DAI=

What is Dai?

The Dai cryptocurrency is created on the Maker platform to be a stable currency closely pegged to the value of 1USD. The Maker platform provides this stability by collateralization of Dai. The specialized smart contracts called "Collateralized Debt Position" hold the collateral posted by a user, issues the Dai that can be used as a payment method or as a savings mechanism. Upon closing, the CPD user withdraws his collateral and pays the stability fee in a secondary currency - MKR token. MKR's are used as a stability, governance and fee payment token on the Maker platform. The MKR token's price is determined by the free market. The price of the CPD creation and of the Dai issuance rises and falls depending on Dai's market movement i.e. it is more expensive to create Dai when the price is below $1 and vice versa.

Market Name Traded On Average Price 24h Volume
DAI/BTC Bitfinex, YoBit 0.00015497 BTC $12,351
DAI/ETH Bitfinex 0.00490000 ETH $1,552
DAI/USD Bitfinex 1.01 USD $841
DAI/USDT Gate.io 1.01 USDT $129
DAI/BTC
24h Volume $12,351
Market pair traded On
DAI/ETH
24h Volume $1,552
Market pair traded On
DAI/USD
24h Volume $841
Market pair traded On
DAI/USDT
24h Volume $129
Market pair traded On

Fundamental Cryptocurrency Data

Symbol DAI
Name Dai
Algorithm ERC20
Algorithm ERC20
Circulating supply 62,788,604 DAI
Official website www.makerdao.com
Trading volume of all markets for this coin $14,853
Dai DAI Prices 0.00015690 BTC
$1.01 USD
€0.89 EUR
£0.78 GBP
1,153.63 KRW
114.19 JPY
1.44 AUD
1.33 CAD
1.01 CHF
7.04 CNY
0.00 XAU (= 0.00) grams GOLD
0.07 XAG (= 1.98) grams SILVER
Marketcap 9,851 BTC
$63,702,888 USD
€55,611,983.81 EUR
£49,158,180.57 GBP
72,442,923,727.67 KRW
7,170,518,998.31 JPY
90,209,913.88 AUD
83,437,723.61 CAD
63,474,257.89 CHF
442,201,620.53 CNY
1,475.44 kg gold
124,162.94 kg silver