Dai is a stable coin, that is to say a cryptocurrency which has the principle of guaranteeing a stable fiduciary value, often backed by traditional currency. DAI was issued by the project Maker as a new stable coin based on the Ethereum blockchain. Dai has similar characteristics to standards stable coins, but its operation is significantly different. The balance is maintained through automatic pricing mechanisms built into smart contracts and by using collateralized dept positions, guardians and oracles.
This data was last updated 2020-10-22 08:45:09 UTC
Details
MarketCap
941.614M
MarketCap 24hr Change
2.97%
MarketCap Rank
27
Total Supply
203000000
Circulating Supply
935.092M
Volume
295.200M
ATH
1.22
Launched
N/A
Technical Details
Blockchain
Ethereum
Consensus
N/A
Staking APR
4.37
Block Time
N/A
Algorithm
the Ethereum Blockchain
$1.01
-0.62%
$941.614M
Marketcap
$295.200M
Volume
203.000M DAI
Total Supply
935.092M DAI
Circ. Supply
24H
-0.62%
7D
-0.32%
30D
-0.08%
Last 7D
-0.32%
Official Community
