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Dai PriceDAI

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$0.9998USD

+0.01%1D

The Dai (DAI) price in is $0.9998 USD as of 02:59 (UTC) today.

Price Chart

Dai price USD live chart (DAI/USD)

Last updated as of 2025-07-23 02:59:12（UTC+0）

Live Dai Price Today in USD

The live Dai price today is $0.9998 USD, with a current market cap of $5.36B. The Dai price is up by 0.01% in the last 24 hours, and the 24-hour trading volume is $23.63B. The DAI/USD (Dai to USD) conversion rate is updated in real time.

How much is 1 Dai worth in ？

As of now, the Dai (DAI) price in is valued at $0.9998 USD. You can buy 1DAI for $0.9998 now, you can buy 10 DAI for $10 now. In the last 24 hours, the highest DAI to USD price is $1 USD, and the lowest DAI to USD price is $0.9996 USD.

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Do you think the price of Dai will rise or fall today?

Total votes:

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Voting data updates every 24 hours. It reflects community predictions on Dai's price trend and should not be considered investment advice.

Dai Market Info

Price performance (24H)

24H

24H low $124H high $1

All-time high:

$3.67

Price change (24H):

+0.01%

Price change (7D):

-0.02%

Price change (1Y):

+0.00%

Market ranking:

#28

Market cap:

$5,364,165,570.85

Fully diluted market cap:

$5,364,165,570.85

Volume (24h):

$23,630,793,942.39

Circulating supply:

5.37B DAI

Max supply:

About Dai (DAI)

What Is MakerDAO Stablecoin?

MakerDAO Stablecoin (DAI) is a pivotal project within the world of Decentralized Finance (DeFi), having emerged in 2015 following the launch of Ethereum's first mainnet. The dedicated team of developers spent two years crafting the framework that allows for the creation of DAI Stablecoin. MakerDAO, the decentralized autonomous organization behind DAI, ensures its decentralized nature and impartiality.

Additionally, MakerDAO laid the groundwork for lending and borrowing activities on the Ethereum blockchain, with the primary goal of reducing reliance on financial intermediaries and facilitating access to loans.

Unlike USDT or USDC, DAI Stablecoin's value is pegged to the US Dollar at a 1:1 ratio without the need for physical reserves. MakerDAO enables borrowers to generate DAI by depositing collateral. The supported collaterals include Ethereum (ETH), Wrapped Bitcoin (WBTC), ETH-Staked ETH Liquidity Pair on Curve v1 (CRVV1ETHSTETH), Wrapped stETH (WSTETH), and over 10 other cryptocurrencies.

One remarkable aspect of DAI is its status as an algorithmic stablecoin. Its value remains consistently pegged to US$1.00 throughout its existence due to the clever smart contract design of MakerDAO. This design governs which collaterals are accepted, the corresponding collateral ratio, and the destruction of DAI when loans are repaid. As a result, MakerDAO retains control over the circulating supply of DAI and, consequently, its value.

A crucial aspect of DAI Stablecoin's design is overcollateralization. The requirement for collaterals to exceed the amount of DAI issued by more than 100% is essential to mitigate default risk for lenders. This approach directly addresses the volatility of cryptocurrency values, thereby maintaining the peg between DAI and USD and safeguarding the value of lenders' assets.

Resources

Whitepaper: https://makerdao.com/en/whitepaper

Official website: https://makerdao.com/en/

How does MakerDAO Stablecoin work?

Taking out a loan

To initiate the issuance of DAI Stablecoins, a borrower deposits collateral, resulting in the creation of new DAI. Upon returning the original amount of DAI, the borrower's collaterals are returned, and the returned DAI is destroyed to prevent an excessive number of circulating tokens. Due to potential arbitrage activities, the borrower might earn more DAI than the original amount, allowing them to keep the difference.

Liquidation

In cases where a borrower fails to repay the loan in DAI or the collateralization ratio falls below the required level, liquidation occurs. The overcollateralization rule mandates that the collateral-to-DAI ratio must always exceed 100%, for example, 175% for wBTC. This means that if a borrower deposits US$175 in Bitcoin, they'll receive a loan of US$100 in DAI, with the remaining US$75 reserved for the mentioned extreme scenarios. To safeguard the system from impaired loans, anyone can trigger the liquidation function on the contract and receive a percentage of the balance as a reward.

What Determines MakerDAO Stablecoin Price?

The Dai stablecoin, a crucial player in the decentralized finance (DeFi) ecosystem, derives its value from an intricate system that aims to keep the current Dai price in USD as stable as possible. Engineered by MakerDAO, this system of smart contracts on the Ethereum blockchain utilizes Collateralized Debt Positions (CDPs) to determine the Dai value. Users can lock up assets like ETH in these CDPs, which are over-collateralized, thereby ensuring the Dai USD price remains stable. For example, if you were to lock up $300 worth of ETH, you could borrow up to 66% of the collateral's value in Dai, maintaining a collateralization ratio of 150%. This over-collateralization plays a pivotal role in Dai price stability.

If you're ever asking, "What is the current price of Dai?" or "Is the price of Dai going up?", the answer can be found in its robust governance and technical architecture. Real-time Dai price is a complex outcome of smart contracts, governance by MKR token holders, and automated market mechanisms. All these factors contribute to making Dai one of the most reliable assets in the cryptocurrency landscape, often leading to discussions about Dai price prediction for 2023 and beyond. This makes it essential for anyone interested in stablecoins or Dai price analysis to understand the sophisticated systems at play.

Conclusion

In conclusion, MakerDAO Stablecoin (DAI) is a pivotal project in DeFi, offering a decentralized and stable solution pegged to the US Dollar. Its innovative algorithmic design and overcollateralization ensure stability and reliability, making it a driving force in the decentralized financial ecosystem.

It's important to note that like any other cryptocurrencies, MakerDAO Stablecoin carries its own risks and it's always wise to do your own research and exercise caution while investing.

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AI analysis report on Dai

Today's crypto market highlightsView report

Today's Dai price performance summaryView report

Dai project analysis reportView report

Dai Price History (USD)

The price of Dai is +0.00% over the last year. The highest price of DAI in USD in the last year was $1.01 and the lowest price of DAI in USD in the last year was $0.9989.

TimePrice change (%)

Lowest price

Highest price

24h+0.01%$0.9996$1

7d-0.02%$0.9995$1

30d-0.02%$0.9995$1

90d+0.00%$0.9994$1

1y+0.00%$0.9989$1.01

All-time+0.26%$0.8970(2023-03-11, 2 years ago )$3.67(2021-11-16, 3 years ago )

Dai price historical data (all time).

What is the highest price of Dai?

The DAI all-time high (ATH) USD was $3.67 , recorded on 2021-11-16. Compared to the Dai ATH, the Dai current price is down by 72.75%.

What is the lowest price of Dai?

The DAI all-time low (ATL) USD was $0.8970 , recorded on 2023-03-11. Compared to the Dai ATL, the Dai current price is up by 11.46%.

Dai Price Prediction

When is a good time to buy DAI? Should I buy or sell DAI now?

When deciding whether to buy or sell DAI, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget DAI technical analysis can provide you with a reference for trading.

According to the DAI 4h technical analysis, the trading signal is Strong sell.

According to the DAI 1d technical analysis, the trading signal is Strong sell.

According to the DAI 1w technical analysis, the trading signal is Sell.

What will the price of DAI be in 2026?

Based on DAI's historical price performance prediction model, the price of DAI is projected to reach $1.13 in 2026.

What will the price of DAI be in 2031?

In 2031, the DAI price is expected to change by +23.00%. By the end of 2031, the DAI price is projected to reach $2.4, with a cumulative ROI of +139.62%.

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Global Dai Prices

How much is Dai worth right now in other currencies? Last updated: 2025-07-23 02:59:12（UTC+0）

DAI to ARS

Argentine Peso

ARS$1,255.21 DAI to CNY

British Pound Sterling

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FAQ

What factors influence the price of Dai?

The price of Dai is generally pegged to the US dollar, but market factors such as supply and demand through decentralized exchanges, the stability of collateral backing it, and changes in interest rates can influence its price stability.

How does Dai maintain its peg to the US dollar?

Dai maintains its peg to the US dollar through a system of smart contracts on the MakerDAO platform, which uses collateralized debt positions (CDPs) to balance supply according to market demand.

Where can I trade Dai?

You can trade Dai on a variety of platforms, including Bitget Exchange, which supports a wide range of cryptocurrencies and stablecoins.

Why does the price of Dai sometimes deviate from $1?

While Dai is designed to be a stablecoin, market fluctuations, changes in collateral value, and liquidity dynamics can sometimes cause minor deviations. However, mechanisms in the MakerDAO system are in place to realign its value.

What role do arbitrage opportunities play in Dai's pricing?

Arbitrage opportunities help maintain Dai’s peg. When Dai trades above or below $1, traders can profit by buying or selling it, thereby putting pressure on its price to return to the peg.

How is the interest rate for Dai determined?

The interest rate, also known as the Stability Fee, is determined by MakerDAO governance through voting, impacting the incentives for minting and holding Dai.

Does Dai offer any staking or yield farming opportunities?

Yes, Dai can be used in various DeFi protocols for staking and yield farming, allowing users to earn returns by providing liquidity or participating in lending platforms.

What happens to Dai's price if Ethereum's value drops significantly?

If Ethereum, a major collateral for Dai, drops significantly, the MakerDAO system may require more collateral, or liquidate positions to maintain stability, which might temporarily affect Dai's price.

Can Dai be used for everyday transactions?

Yes, Dai can be used for everyday transactions and is accepted by a growing number of merchants and payment platforms due to its stability and ease of use.

What risks should I consider before investing in Dai?

Risks include smart contract vulnerabilities, changes in the MakerDAO governance affecting stability mechanisms, and potential market liquidity issues, despite its design for price stability.

What is DAI?

DAI is a stablecoin created by MakerDAO. Unlike centralized stablecoins which are backed by fiat currency in a bank account, DAI is over-collateralized by digital assets (e.g., Ethereum) that are locked in a decentralized smart contract system on the Ethereum blockchain.

What is stablecoin?

A stablecoin is a cryptocurrency designed to maintain a consistent value, unlike highly volatile cryptocurrencies like Bitcoin or Ethereum. It's usually tied to a reserve, such as the US dollar, gold, or other assets. The main goal of stablecoins is to blend the advantages of cryptocurrencies, like fast transactions and security, with the stable value of traditional currencies. As a result, they're ideal for daily transactions.

How does DAI maintain its peg to the US dollar?

DAI maintains its peg through a system of Collateralized Debt Positions (CDPs). Users can lock up their assets (like Ethereum) as collateral to generate DAI. If the value of the collateral falls, the system can automatically liquidate (sell off) a portion to ensure DAI remains fully backed. There's also a mechanism where if DAI moves off its peg, the interest rate (called the Stability Fee) for borrowing DAI can be adjusted to incentivize or disincentivize its creation, pushing its price back toward $1.

How is DAI Stablecoin backed?

DAI is backed by a variety of cryptocurrency collaterals. MakerDAO allows borrowers to create DAI by depositing collateral. The types of collateral supported include Ethereum (ETH), Wrapped Bitcoin (WBTC), ETH-Staked ETH Liquidity Pair on Curve v1 (CRVV1ETHSTETH), Wrapped stETH (WSTETH), and over 10 other cryptocurrencies.

How does overcollateralization work in DAI's design?

Overcollateralization ensures that the value of collateral deposited is always more than the amount of DAI issued. For instance, with a 175% collateralization for wBTC, if you deposit US$175 in Bitcoin, you'd receive a loan of US$100 in DAI. This mechanism targets cryptocurrency volatility, maintaining the peg between DAI and USD and safeguarding lenders' assets.

Is DAI a safe investment?

DAI's smart contract has undergone multiple audits, and the system has safeguards like over-collateralization to protect its stability. However, like all crypto projects, there are inherent risks, such as smart contract vulnerabilities or extreme market conditions that could potentially affect the system. Users should always do their own research and perhaps consult financial professionals before making decisions.

What is the current price of Dai?

The live price of Dai is $1 per (DAI/USD) with a current market cap of $5,364,165,570.85 USD. Dai's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Dai's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Dai?

Over the last 24 hours, the trading volume of Dai is $23.63B.

What is the all-time high of Dai?

The all-time high of Dai is $3.67. This all-time high is highest price for Dai since it was launched.

Can I buy Dai on Bitget?

Yes, Dai is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

Can I get a steady income from investing in Dai?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Dai with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

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DAI/USD price calculator

DAI

USD

1 DAI = 0.9998 USD. The current price of converting 1 Dai (DAI) to USD is 0.9998. Rate is for reference only. Updated just now.

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Dai ratings

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100 ratings

Tags：

DeFi

Stablecoin

Asset-Backed Stablecoin

USD Stablecoin

Contracts:

0xDA10...9000da1(Arbitrum)

Links:

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Dai technical analysis

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