DaiDai (DAI)

DAI is a USD based stablecoin but unlike both Tether and USDC, DAI is a decentralised algorithmically controlled stablecoin. Created and regulated by Maker DAO (Decentralised Autonomous Organisation). Its value is soft-pegged to one US dollar which makes it a stablecoin. As of July 2021, there were roughly 5.5 billion Dai in circulation, making it the fourth largest stablecoin by capitalisation.

Key Indicators

Market Cap Rank:

#20

Market Cap

$9,299,274,372

24H Volume:

$693,910,312

24H High/Low:

$1/$1

Price:

$1.01

+1.02%

Price

(Last 30 days)

Total Volume

(Last 30 days)

Market Cap

(Last 30 days)

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