Price
$0.99892
24h% change
-0.2%
Volume (24h)
$220.070M
Market Cap
$3.392B
Dai, a stablecoin issued by the Maker Protocol, initially emerged as Single Collateral Dai (SAI), utilizing Ether (ETH) as collateral.
In 2019, the Foundation introduced the Multi-Collateral Dai (DAI), superseding SAI. This upgrade spurred substantial adoption, propelling the platform to become the largest decentralized lending platform, boasting approximately $2.58 billion in total value locked (TVL) by December 2020.
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Dai Stablecoin’s historic highest price is $1.22, which was recorded on 13th of March 2020. Currently, Dai Stablecoin’s price is %18 Lower than its historic high.
Dai Stablecoin’s historic lowest price is $0.88196, which was recorded on 11th of March 2023. Currently, Dai Stablecoin’s price is %13.3 Higher than its historic low.
Let's take a look at the important factors that impact Dai Stablecoin's worth, such as how many people want to buy or sell it and how available it is. Other influences include what's being said about it on the news and internet, changes in the global economy and politics, and rules Governments set for using it.