Logo of Dai

Dai(DAI)

Market Cap$4.671b

Price$1

Total Circulating4.672b

Stablecoin information

The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.

Category:crypto-backed

Minting and Redemption

Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned.

Audits:No

Stablecoin usage by chain

NameBridge
0.00%+0.29%-0.95%-1.73%4.101b
100%+0.27%+0.59%+0.08%444.73m
100%<0.0001%<0.0001%<0.0001%35.12m
100%<0.0001%<0.0001%<0.0001%31.07m
100%>-0.0001%-16.90%-14.21%14.62m
Optimism Bridge100%>-0.0001%>-0.0001%-0.86%13.45m
100%-0.03%-1.18%-11.69%10.56m
100%<0.0001%+1.08%-5.65%8.88m
Orbit Bridge100%>-0.0001%-0.19%-0.54%7.94m
Multichain Bridge100%>-0.0001%>-0.0001%>-0.0001%1.89m
100%<0.0001%+0.89%+0.83%788,083.02
100%<0.0001%-0.00%-0.00%510,325.46
StarkGate100%>-0.0001%>-0.0001%>-0.0001%373,857.85
Metis Andromeda Bridge100%-0.00%-0.00%-0.00%195,886.77
Boba Gateway100%-1.41%-1.50%-1.58%140,714.79
LayerZero100%+0.07%140,099.9
100%+0.00%+0.00%-1.88%104,742.22
100%-0.00%-0.00%-0.00%103,775.89
Celer cBridge100%-0.00%-0.00%-0.00%91,439.57
100%-0.93%-5.68%-0.62%80,443.07
100%-0.00%-0.00%-0.00%75,703.69
100%-2.79%-2.80%-4.46%56,399.65
Arbitrum L1 Custom Gateway100%-0.00%-0.00%-0.00%53,338.52