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Dai Stablecoin
DAI
$1.00
$0.0002(+0.02%)Today
Market cap
3.71B
Total volume (24h)
62.89M
Volume / Market cap
0.0169
Circulating supply
3.71B
Day range (24h)
$1.00$1.00
All-time low
$0.88
All-time high
$1.22
About Dai Stablecoin (DAI)
Dai Stablecoin, aka DAI, is a crypto-backed stablecoin designed to maintain a value of 1 US Dollar. DAI offers a way to transact and store value in stable digital currency. Stablecoins are usually pegged to a traditional asset like the U.S. dollar or the Euro. Cryptocurrencies, like Bitcoin or Ethereum, can change in price significantly. However a stablecoin aims to stay affixed in value. One stablecoin typically equals one unit of the asset it represents. For example, $1 USD equals 1 DAI.Stablecoins achieve price stability by being backed by reserves, such as cash or short-term government bonds, or by using algorithms to balance supply and demand. DAI is unique because it is generated by locking collateral (in the form of other cryptocurrencies) in smart contracts. Its stability is maintained by the MakerDAO Protocol, and its decentralized community governance. This makes DAI useful for sending money, trading, or participating in DeFi protocols, while reducing worries about large fluctuations in value. Stablecoins like DAI are widely used for payments, savings, and as a bridge between traditional finance (TradFi) and decentralized finance (DeFi).You can use DAI to trade and transact digital currencies, as well as participate in blockchain networks such as Ethereum and others that support ERC-20 tokens. DAI is an ERC-20 token whose value is maintained through decentralized mechanisms, rather than being backed by cash reserves with a regulated institution. New DAI is created (and destroyed) as users interact with the Maker Protocol’s smart contracts, rather than being issued by a central authority.DAI is beneficial for crypto networks because it increases accessibility, liquidity, and interoperability. With DAI, users can transact with a price-stable asset across multiple blockchain ecosystems. You can redeem DAI for other assets through DeFi protocols, decentralized exchanges (DEXs), or by closing your vault on the Maker Platform.Today, DAI is recognized as one of the world’s most widely used decentralized stablecoins, trusted for payments, trading, DeFi, and more.Price history
| Today (21 June 2025) | $1.00 | +0.02% |
|---|---|---|
| 24 hours ago (20 June 2025) | $1.00 | +0.02% |
| 1 week ago (14 June 2025) | $1.00 | -0.01% |
| 1 month ago (22 May 2025) | $1.00 | -0.00% |
| 1 year ago (21 June 2024) | $1.00 | +0.13% |
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Is DAI the same as the U.S. dollar?
DAI is a tokenized form of the U.S. dollar designed for use on blockchain networks, but it is not issued or backed directly by a bank or government. Each DAI aims to be worth 1 USD and is backed by collateral held in smart contracts on the Maker Protocol. Crypto custodians securely hold and manage digital assets on behalf of users or companies. There are three different types of crypto custodians: centralized custodians, decentralized custodians, and hybrid custodians.
How do I buy Dai Stablecoin (DAI)?
Buying Dai Stablecoin (DAI) in MetaMask wallet is speedy, simple, and safe. You can buy Dai (DAI) tokens directly in MetaMask using payment methods like a credit card, debit card, bank account, Apple Pay, Google Pay, or PayPal. Select from thousands of your favorite tokens to buy on over 15 networks including Ethereum, Solana, Linea, Base, and more. Buying DAI in MetaMask eliminates the need for centralized exchanges, unnecessary steps, and excess fees.
What is Dai Stablecoin (DAI) price history?
Dai Stablecoin (DAI) was launched in 2017. Today, 21 June 2025, the price of Dai Stablecoin (DAI) is generally $1.00. The all-time high of Dai Stablecoin (DAI) is $1.22. The all-time low of Dai Stablecoin (DAI) is $0.88. DAI’s market capitalization is $3,711,425,116.00.
What is Dai Stablecoin (DAI) price today?
Today, 21 June 2025, the price of Dai Stablecoin (DAI) is $1.00.
What is Dai Stablecoin (DAI) all-time high?
The all-time high of Dai Stablecoin (DAI) is $1.22.
What is Dai Stablecoin (DAI) all-time low?
The all-time low of Dai Stablecoin (DAI) is $0.88.
How do I sell DAI?
MetaMask makes it easy to sell your Dai Stablecoin (DAI) and turn your crypto into cash. You can exchange from MetaMask wallet directly to your debit card, credit card, PayPal, or bank account. By removing unnecessary steps and cutting excess fees, offramping your digital assets is fast and simple.
How do I swap DAI?
Swapping DAI is simple and cost-effective with MetaMask. Choose from thousands of your favorite tokens across ten networks including Ethereum, Solana, Linea, Base, and Arbitrum. MetaMask Swaps also include gas fees right in your quotes, making swapping crypto as smooth as can be.
How do I bridge DAI?
Bridging crypto across chains allows you to move tokens from one network to another. With MetaMask, bridging Dai Stablecoin (DAI) is easy, secure, and cost-effective. Our aggregator finds the most efficient routes to move your digital assets from one chain to another. And with cross-chain swapping, bridging and swapping can take place at the same time in a single transaction. Meaning: instead of bridging one token from chain A and wrapping or unwrapping it on chain B, you can swap one token from chain A to a second token on chain B, all in one move.
What can you do with DAI?
You can use DAI to:
Send and receive stable-value digital dollars across supported blockchains
Trade against other cryptocurrencies, participate in DeFi protocols
Pay for goods and services, and easily move value between exchanges, wallets, and different networks.
DAI can be used for payments, savings, trading, and as a stable means of participating in decentralized apps (dapps).
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