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$ 1.02
-0.13%
An icon of the cryptocurrency Multi-Collateral Dai (DAI)

Multi-Collateral Dai (DAI) price to USD & live value of today

Multi-Collateral Dai (DAI) live price in US dollar (USD). View statistics about today's value, market cap and supply.

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DAI value statistics

Price to USD $ 1.02
Price to BTC 0.000087 BTC
Rank 61
24h volume $ 20.05 million
Market cap $ 178.38 million
All-time high $ 1.03 on 7/30/2020

Supply information

175.23 million DAI
Details
Total supply 175.23 million DAI
Burned, team or smart contract locked balances. - 217.74 DAI
Circulating supply 175.23 million DAI
100.0%
Circulating supply 175.23 million DAI
Total supply 175.23 million DAI

What is Multi-Collateral Dai

Dai (DAI) is a stable, decentralized currency. It's created via the Makers (MKR) Dai Stablecoin System. It uses margin trading to respond to changing market conditions and preserve its value against the major world currencies. Unlike other stablecoins whose value is backed directly by USD, it’s backed by crypto collaterals that can be viewed publicly on the Ethereum blockchain.

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