Dai (DAI)

charts, markets, prices and volume

Price

$0.9990 -0.77%

฿ 0.00015409 -1.39%

MARKET CAP

$47,337,515

7,211 BTC

24H VOLUME

$69,153

11 BTC

24H LOW/HIGH

$0.9942 - $1.00

฿0.00015409 - ฿0.00015701

ALL TIME HIGH

$1.17 -14.62%

฿0.00017231 -10.57%

ROI

100%
May 06, 2018

CIRCULATION

46.83m DAI

Buyers 29%

across 3 markets

71% 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/USD Bitfinex 0.99900000 USD $50,479
DAI/ETH Bitfinex 0.00317040 ETH $17,067
DAI/BTC Bitfinex 0.00015493 BTC $1,641
DAI/USD
24h Volume $50,479
Market pair traded On
DAI/ETH
24h Volume $17,067
Market pair traded On
DAI/BTC
24h Volume $1,641
Market pair traded On

Fundamental Cryptocurrency Data

Symbol DAI
Name Dai
Algorithm ERC20
Algorithm ERC20
Circulating supply 46,828,920 DAI
Official website www.makerdao.com
Trading volume of all markets for this coin $69,153
Dai DAI Prices 0.00015409 BTC
$0.9990 USD
€0.87 EUR
£0.78 GBP
1,118.38 KRW
110.39 JPY
1.37 AUD
1.30 CAD
0.99 CHF
6.87 CNY
0.00 XAU (= 0.00) grams GOLD
0.07 XAG (= 1.98) grams SILVER
Marketcap 7,211 BTC
$47,337,515 USD
€41,341,035.32 EUR
£37,121,605.92 GBP
52,994,348,084.22 KRW
5,231,040,454.74 JPY
64,700,915.55 AUD
61,822,557.95 CAD
47,129,703.35 CHF
325,424,114.00 CNY
1,130.43 kg gold
90,676.44 kg silver