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Dai price

Dai priceDAI

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$0.9996USD
-0.03%1D
The price of Dai (DAI) in United States Dollar is $0.9996 USD.
Dai price USD live chart (DAI/USD)
Last updated as of 2025-12-13 21:13:56(UTC+0)

Dai market Info

Price performance (24h)
24h
24h low $124h high $1
All-time high (ATH):
$3.67
Price change (24h):
-0.03%
Price change (7D):
-0.02%
Price change (1Y):
-0.05%
Market ranking:
#22
Market cap:
$5,363,383,138.29
Fully diluted market cap:
$5,363,383,138.29
Volume (24h):
$76,929,778.73
Circulating supply:
5.37B DAI
Max supply:
--
Total supply:
5.37B DAI
Circulation rate:
99%
Contracts:
0xDA10...9000da1(Arbitrum)
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Links:
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Live Dai price today in USD

The live Dai price today is $0.9996 USD, with a current market cap of $5.36B. The Dai price is down by 0.03% in the last 24 hours, and the 24-hour trading volume is $76.93M. The DAI/USD (Dai to USD) conversion rate is updated in real time.
How much is 1 Dai worth in United States Dollar?
As of now, the Dai (DAI) price in United States Dollar is valued at $0.9996 USD. You can buy 1DAI for $0.9996 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 $0.9995 USD.
AI analysis
Dai price performance summary for today

Today, December 13, 2025, the Dai (DAI) stablecoin has largely maintained its peg to the US dollar, a fundamental characteristic that underpins its utility within the decentralized finance (DeFi) ecosystem. While precise real-time data for this specific date is dynamic, typical stablecoin behavior suggests minor fluctuations around the $1.00 mark are common, driven by a confluence of internal governance mechanisms and broader external market forces. Investors and observers scrutinizing Dai's performance today would find its stability to be a key indicator of the health and effectiveness of its underlying protocols.

Several factors constantly influence Dai's ability to maintain its peg. Foremost among these is the MakerDAO protocol, which issues and manages Dai. The collateralization of Dai is paramount; each Dai in circulation is backed by a surplus of other cryptocurrencies, locked into Maker Vaults. The types and stability of these collateral assets, along with their respective risk parameters, directly impact Dai's perceived and actual stability. A robust and diversified collateral portfolio generally reinforces confidence in Dai's peg.

Another critical internal factor is the system of Stability Fees and Dai Savings Rate (DSR). Stability Fees are paid by users who open Maker Vaults to generate Dai, essentially acting as an interest rate on borrowed Dai. The DSR, conversely, is an interest rate earned by users holding Dai. MakerDAO governance, through votes by MKR token holders, adjusts these rates to influence the supply and demand of Dai. If Dai's price deviates below $1.00, the DSR might be lowered to reduce demand for holding Dai, while Stability Fees might be increased to discourage new Dai creation. Conversely, if Dai trades above $1.00, the DSR could be raised to encourage holding and reduce supply, and Stability Fees might be lowered. The effectiveness of these monetary policy tools in responding to market pressures is a daily test for the protocol.

External factors also play a significant role in Dai's performance. The overall sentiment in the broader cryptocurrency market can indirectly affect stablecoins. During periods of extreme market volatility or uncertainty, there is often a flight to safety, where investors move assets into stablecoins like Dai. This increased demand can sometimes exert upward pressure on Dai's price, requiring the MakerDAO protocol to respond to maintain the peg. Conversely, a strong bull market might see some capital flow out of stablecoins and into riskier assets.

Regulatory developments are another crucial consideration. As governments worldwide continue to explore and implement regulations for stablecoins, any significant announcements could impact investor confidence and trading behavior. Clarity in regulation could bring more institutional adoption, while restrictive policies might introduce uncertainty. Furthermore, the performance of major decentralized exchanges (DEXs) and centralized exchanges (CEXs) where Dai is traded influences its liquidity and accessibility, which in turn affects its price stability. High liquidity generally allows for smoother trading and better peg maintenance.

Today's analysis of Dai's price performance, therefore, centers on its successful navigation of these intricate internal and external forces. Its consistent peg near $1.00, assuming no major unforeseen market shocks, demonstrates the continued efficacy of the MakerDAO governance model and the collateralization framework. For investors, Dai's stability remains its primary appeal, offering a reliable store of value and medium of exchange within the volatile crypto landscape. Observers would likely note that the ongoing robustness of its peg underscores its role as a foundational element within the DeFi ecosystem. Any minor deviations would be closely watched for governance responses, highlighting the dynamic and adaptive nature of decentralized stablecoin management. The sustained performance reinforces its position as a critical component for decentralized applications, enabling lending, borrowing, and trading without direct exposure to fiat currency risks or the volatility of other cryptocurrencies.

The AI-summarized content may not be fully accurate. Please verify the information from multiple sources. The above does not constitute investment advice.
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AI analysis
Today's hot spots in the crypto market

The crypto market on December 13, 2025, is buzzing with a mix of regulatory advancements, significant network upgrades, and fluctuating market dynamics. While Bitcoin consolidates, Ethereum's ecosystem sees a major leap forward, and regulatory clarity continues to shape institutional adoption.

Bitcoin's Price Action and Market Sentiment Bitcoin (BTC) is trading around the $90,000 to $92,000 range, displaying consolidation rather than a decisive rally. Despite a recent 25-basis-point interest rate cut by the US Federal Reserve, the market hasn't seen a significant bullish breakout, with macroeconomic uncertainty still influencing risk assets. Analysts suggest that tight crypto liquidity and a lack of retail trading contribute to this consolidation. The price is hovering above $92,000, but a clear break above the $92,000-$94,000 resistance level is needed to target $100,000. Conversely, a drop below $86,000 could push prices toward $75,000. Bitcoin's implied volatility is reportedly diminishing, with options activity skewed towards puts, indicating expectations of limited upside in the near term. The largest crypto derivatives exchange, Deribit, notes that call and put interests are almost balanced, suggesting a contained expiry for current options.

Ethereum's Fusaka Upgrade and Ecosystem Developments Ethereum (ETH) is experiencing a dynamic period, having recovered from an early December sell-off that pushed prices to around $2,800. The network is poised for its significant "Fusaka" upgrade, which commenced on December 3, 2025. This upgrade aims to dramatically accelerate the network and reduce Layer 2 costs by 40-60% through innovations like PeerDAS technology and an increased gas block limit. These enhancements are expected to make Ethereum faster, cheaper, and more scalable, benefiting Layer 2 networks such as Arbitrum and Optimism. The anticipation of these improvements is expected to support Ethereum's price in the coming months. Current prices for Ethereum are around $3,250, with analysts watching the $3,300-$3,350 resistance zone for a potential breakout towards $3,700-$3,800. Ethereum also continues to dominate the NFT market, holding a 62% share of all NFT transactions as of December 2025.

Regulatory Landscape and Institutional Adoption 2025 has been a pivotal year for crypto regulation, moving from enforcement-driven actions to comprehensive frameworks. Jurisdictions worldwide have implemented clearer guidelines, providing both clarity and new challenges for compliance teams. In the U.S., regulators and lawmakers are advancing multiple digital-asset initiatives, including a new Senate draft expanding CFTC authority and new SEC and IRS guidance. The Office of the Comptroller of the Currency (OCC) has granted preliminary approval for several crypto giants, including Ripple and Circle, to establish national trust banks. This move is seen as a significant step in integrating digital assets into the banking system, formalizing paths for stablecoin, custody, and tokenization businesses under regulatory supervision. Europe's Markets in Crypto-Assets (MiCA) regulation, fully effective by the end of 2024, is reshaping the regional market, requiring crypto firms to be licensed and adhere to strict standards, fostering increased trust and institutional interest.

DeFi, NFTs, and Web3 Innovations The Decentralized Finance (DeFi) sector is experiencing rapid evolution, with cross-chain interoperability emerging as a significant trend, allowing seamless communication and transactions across various blockchain networks. The integration of DeFi protocols into traditional fintech applications is also gaining traction, offering more secure and compliant financial products. Institutional adoption of tokenized real-world assets (RWAs) is accelerating, expanding collateral options in the DeFi ecosystem. In the NFT space, while Ethereum maintains dominance, emerging platforms like BNB Chain and Mythos Chain are making strides. Yuga Labs, creator of the Bored Ape Yacht Club, continues to build its metaverse project, Otherside, by onboarding new NFT communities like Good Vibes Club and 0N1 Force. These developments underscore a trend towards utility-driven ecosystems beyond simple digital collectibles. Web3 innovation is also highlighted by events like the India Blockchain Week (IBW) 2025, which showcased India's ascent as a global Web3 hub despite regulatory challenges. The event focused on topics such as AI, DePIN, Layer 1/Layer 2 solutions, RWAs, and stablecoins. On the security front, quantum-resilient solutions are emerging, with new smart contract wallets like Quantum-Sig being launched to protect digital assets against future quantum attacks.

Altcoin Market Trends The altcoin market shows varied performance. While some altcoins like Solana, Cardano, and Dogecoin experienced declines recently, others like XRP have shown resilience. XRP's comeback story continues, driven by clearing legal hurdles and expanding into central bank integrations. Solana remains a strong contender with its high speed and low transaction costs attracting liquidity and developers. AI-related altcoins like Bittensor are gaining attention due to their differentiated use cases and Bitcoin-like tokenomics.

Exchange-Specific News (Bitget) Bitget, a major exchange, has been active in expanding its derivatives offerings. The platform launched USUSDT for futures trading on December 12, 2025, offering up to 25x leverage and supporting trading bots. Additionally, Bitget transitioned the STABLEUSDT perpetual futures contract from pre-market to the standard USDT-Margined category, enhancing price transparency. However, users should be aware that Bitget is also delisting 12 spot trading pairs on December 19, 2025, and has suspended transfer and borrowing services for some pairs in spot margin trading. In other news, the government of Belarus recently blocked access to several crypto exchanges, including Bitget, within its jurisdiction.

The AI-summarized content may not be fully accurate. Please verify the information from multiple sources. The above does not constitute investment advice.
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Do you think the price of Dai will rise or fall today?

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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.
The following information is included:Dai price prediction, Dai project introduction, development history, and more. Keep reading to gain a deeper understanding of Dai.

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

What will the price of DAI be in 2026?

In 2026, based on a +5% annual growth rate forecast, the price of Dai(DAI) is expected to reach $1.05; based on the predicted price for this year, the cumulative return on investment of investing and holding Dai until the end of 2026 will reach +5%. For more details, check out the Dai price predictions for 2025, 2026, 2030-2050.

What will the price of DAI be in 2030?

In 2030, based on a +5% annual growth rate forecast, the price of Dai(DAI) is expected to reach $1.28; based on the predicted price for this year, the cumulative return on investment of investing and holding Dai until the end of 2030 will reach 27.63%. For more details, check out the Dai price predictions for 2025, 2026, 2030-2050.

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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Bitget Insights

Alikodangote
Alikodangote
1d
Beyond Volatility: How Stablecoins Are Shaping the Next Era of Decentralized Finance
That is exactly why stablecoins have emerged as the backbone of decentralized finance — bridging traditional money with blockchain speed, transparency, and global access. Today, as crypto adoption accelerates worldwide, stablecoins are no longer just “digital dollars.” They are the financial infrastructure powering global payments, savings, trading, remittances, and liquidity. Let’s dive deeper into how they work, why they matter, and why stablecoins remain one of the most essential innovations in the entire blockchain economy. 𝙒𝙝𝙖𝙩 𝙀𝙭𝙖𝙘𝙩𝙡𝙮 𝘼𝙧𝙚 𝙎𝙩𝙖𝙗𝙡𝙚𝙘𝙤𝙞𝙣𝙨? Stablecoins are cryptocurrencies designed to maintain a stable value, usually pegged to a real-world asset such as: USD (most common) EUR Gold Sometimes a basket of assets Examples include: USDT, USDC, DAI, PYUSD, FDUSD, EURS, XAUT. They combine the best of both worlds: ✔ Stability of traditional finance ✔ Speed, openness, and transparency of blockchain This makes them ideal for: Traders needing a safe asset during volatility Businesses handling cross-border payments Users saving in stable value DeFi protocols needing liquidity 𝙃𝙤𝙬 𝙎𝙩𝙖𝙗𝙡𝙚𝙘𝙤𝙞𝙣𝙨 𝙒𝙤𝙧𝙠 — 𝙏𝙝𝙚 𝙁𝙧𝙖𝙢𝙚𝙬𝙤𝙧𝙠 𝘽𝙚𝙝𝙞𝙣𝙙 𝙩𝙝𝙚 𝙎𝙩𝙖𝙗𝙞𝙡𝙞𝙩𝙮 Stablecoins maintain their price peg through one of three major mechanisms: 👉 1. Fiat-Backed (Most Popular) These are backed 1:1 by real dollars stored in reserve banks. Examples: USDT, USDC, PYUSD How they stay stable: For every 1 USDT issued, $1 is held in reserve Users can redeem 1 USDT for $1, ensuring stability This is the simplest and most trusted model. 👉 2. Crypto-Collateralized Backed by other cryptocurrencies such as ETH, BTC, or LSTs. Example: DAI How it stays stable: Users lock crypto in smart contracts Mint DAI against it System stays over-collateralized to avoid depeg This model promotes decentralization. 👉 3. Algorithmic/Hybrid Use algorithmic mechanisms or partially backed systems. Example: USDD, FRAX They rely on algorithmic incentives to maintain the peg. (Though some algorithms have failed in the past.) 𝙒𝙝𝙮 𝙎𝙩𝙖𝙗𝙡𝙚𝙘𝙤𝙞𝙣𝙨 𝘼𝙧𝙚 𝙉𝙤𝙬 𝙏𝙝𝙚 𝙁𝙤𝙪𝙣𝙙𝙖𝙩𝙞𝙤𝙣 𝙤𝙛 𝘿𝙚𝙁𝙞 Stablecoins have become the most used asset class in crypto, even more than Bitcoin and ETH combined in daily volume. Here’s why: 👉 Instant, borderless payments Send money across the world in seconds, almost free. 👉 Stability during market volatility A safe store of value when markets are red. 👉 Fuel for decentralized finance Stablecoins power lending, staking, liquidity pools, yield farming, and on-chain trading. 👉 Cheaper and faster than banks People in developing economies use stablecoins to escape inflation and expensive international transfers. 👉 Backbone of exchanges & trading pairs USDT and USDC dominate global liquidity. 𝙏𝙝𝙚 𝘼𝙘𝙩𝙪𝙖𝙡 𝙎𝙩𝙖𝙗𝙞𝙡𝙞𝙩𝙮 𝙈𝙚𝙘𝙝𝙖𝙣𝙞𝙨𝙢 — 𝘿𝙚𝙥𝙚𝙜, 𝙍𝙚𝙥𝙚𝙜 & 𝙈𝙖𝙧𝙠𝙚𝙩 𝘿𝙮𝙣𝙖𝙢𝙞𝙘𝙨 Stablecoins maintain their peg through: Arbitrage trades Traders buy below $1 and sell at $1, restoring the peg. Mint & redeem systems Ensures price always returns to its true value. Market confidence Trust in the reserves and system backing. When the peg breaks (depeg), strong liquidity and arbitrage restore stability. 𝘾𝙪𝙧𝙧𝙚𝙣𝙩 𝙏𝙧𝙚𝙣𝙙𝙨 — 𝙃𝙤𝙬 𝙎𝙩𝙖𝙗𝙡𝙚𝙘𝙤𝙞𝙣𝙨 𝘼𝙧𝙚 𝙍𝙚𝙨𝙝𝙖𝙥𝙞𝙣𝙜 𝙂𝙡𝙤𝙗𝙖𝙡 𝙁𝙞𝙣𝙖𝙣𝙘𝙚 Right now, stablecoins are at the center of: Crypto adoption Institutional investment Global remittance markets Tokenization of real-world assets On-chain treasury management Liquid staking strategies Billions of dollars flow through stablecoins every single day — making them one of the most impactful crypto innovations in history. 𝘼 𝙎𝙩𝙧𝙤𝙣𝙜𝙚𝙧, 𝙎𝙢𝙖𝙧𝙩𝙚𝙧, 𝙈𝙤𝙧𝙚 𝘾𝙤𝙣𝙣𝙚𝙘𝙩𝙚𝙙 𝙀𝙘𝙤𝙣𝙤𝙢𝙮 Stablecoins are not “just tokens.” They represent a redesign of global money — open, programmable, fast, and borderless. They enable: Everyday savings Fast business payments On-chain trading Treasury management DeFi innovation Global inclusion As crypto expands, the importance of stablecoins will only grow stronger. 𝘾𝙤𝙣𝙘𝙡𝙪𝙨𝙞𝙤𝙣 — 𝙏𝙝𝙚 𝙁𝙪𝙩𝙪𝙧𝙚 𝙤𝙛 𝙈𝙤𝙣𝙚𝙮 𝙄𝙨 𝘼𝙡𝙧𝙚𝙖𝙙𝙮 𝙃𝙚𝙧𝙚 Stablecoins solve one of humanity’s biggest financial problems: moving money quickly, cheaply, and safely across the world. Their impact is already being felt across: Finance Trading Banking Payments Everyday commerce As regulation strengthens and adoption grows, stablecoins could become the default digital currency powering the global economy. Stable. Transparent. Borderless. That’s the future of money — and it’s already unfolding on-chain. 𝘿𝙞𝙨𝙘𝙡𝙖𝙞𝙢𝙚𝙧: This article is for educational purposes only and is not financial advice. Always research before investing. $STABLE
PYUSD+0.02%
STABLE-3.17%
Zaxcy_X
Zaxcy_X
1d
What is a Stablecoin? A stablecoin is a type of cryptocurrency designed to have a stable value, usually pegged to a fiat currency like the US Dollar (USD), Euro, or even commodities like gold. Unlike Bitcoin or Ethereum, whose prices can be highly volatile, stablecoins aim to maintain a consistent value over time. How Do Stablecoins Work? Stablecoins achieve stability through different mechanisms: 1️⃣ Fiat-Collateralized Stablecoins These are backed 1:1 by reserves of fiat currency (e.g., USD). Examples include USDT (Tether) and USDC (USD Coin). For every stablecoin issued, there’s an equivalent amount of fiat held in reserve. 2️⃣ Crypto-Collateralized Stablecoins These are backed by other cryptocurrencies but often over-collateralized to absorb price fluctuations. DAI is a popular example, backed by Ethereum and other crypto assets. 3️⃣ Algorithmic Stablecoins These use algorithms and smart contracts to control the supply and demand, stabilizing the price without direct collateral. However, they can be riskier if the algorithm fails. Why Use Stablecoins on Bitget? · Trade with Stability: Hedge against market volatility by moving funds into stablecoins during uncertain times. · Fast Transactions: Transfer value quickly and cheaply across borders. · Earn Passive Income: Use Bitget’s savings or copy trading features to grow your stablecoin holdings. Popular Stablecoins on Bitget: · USDT (Tether) · USDC (USD Coin) · DAI · BUSD (Binance USD) Start trading with confidence using stablecoins on Bitget! Whether you’re hedging, trading, or earning, they offer a reliable bridge between crypto and traditional finance. Have you used stablecoins in your trading strategy? Share your experience below! 👇 #Stablecoins #CryptoExplained #Bitget #CryptoEducation #TradingTips #USDT #USDC #CryptoBasics$STABLE $BTC
BTC-0.29%
STABLE-3.17%
Alikodangote
Alikodangote
1d
What Are Stablecoins & How They Work
Stablecoins are a type of cryptocurrency designed to maintain a stable value, usually pegged to a real-world asset like $1 USD, Euro, or Gold. Unlike Bitcoin or Ethereum, whose prices can swing drastically, stablecoins aim to stay consistent, giving traders and investors a safe place to store value during There are three main types of stablecoins: 1️⃣ Fiat-backed Stablecoins Backed by real money held in bank accounts. Example: USDT, USDC, BUSD Each coin is usually redeemable for $1 in fiat. 2️⃣ Crypto-backed Stablecoins Backed by other cryptocurrencies held in smart contracts as collateral. Example: DAI Over-collateralization is used to maintain stability. 3️⃣ Algorithmic Stablecoins No collateral; stability is maintained by algorithms that expand or contract supply. Example: UST (before collapse) --- Why People Use Stablecoins Hedge Against Volatility: Protect funds when the market moves sharply. Liquidity & Trading: Used in trading pairs for faster entry/exit. DeFi Utility: Staking, lending, farming, and liquidity pools. Global Transfers: Fast, low-fee payments across borders. Key Insight Stablecoins are the foundation of the crypto market, providing stability, liquidity, and risk management. Every serious trader or investor should understand and use them. #Stablecoins #CryptoEducation #USDT #USDC #DAI #BitgetInsight #CryptoNigeria #DeFi #TradingTips $STABLE
STABLE-3.17%
DAI-0.05%
Alikodangote
Alikodangote
3d
💹 Stablecoin Analysis – Fundamentals + Technical📝
1️⃣ Fundamentals (Why they stay stable) Fiat-backed: USDT & USDC pegged 1:1 to USD 💵 Crypto-backed: DAI uses crypto collateral; slightly more volatile Transparency: USDC → audited monthly, high trust; USDT → some controversy Adoption & Liquidity: Widely used on exchanges and wallets → easy to trade Risks: Regulatory scrutiny, reserve mismanagement, algorithmic failure --- 2️⃣ Technical Analysis (Price Action / Market Behavior) Stablecoins usually trade around $1 USD — minimal volatility compared to BTC/ETH Support Level: $0.995 – $1.00 Resistance Level: $1.005 – $1.01 Price Movement: Small fluctuations occur due to market liquidity, exchange fees, or minor supply-demand imbalance Trend Insight: Stablecoins act as a safe haven during crypto market swings Key Signal for Traders: When crypto market dips, stablecoins often see inflow → price stays pegged → opportunity for re-entry into volatile assets --- 3️⃣ Trading/Usage Takeaways Use stablecoins as digital cash or hedge during high volatility Can park funds in USDT/USDC while waiting for market opportunities Watch slight deviations from $1 peg for short-term arbitrage or DeFi strategies --- 4️⃣ Social/Engagement Summary 💰 Stablecoins: Safe, Fast, Digital Cash! Pegged to $1 USD USDT, USDC → fiat-backed, high liquidity DAI → crypto-backed, decentralized Minimal price swings → perfect for hedging or fast transfers Technical insight: Stay around $1, small volatility, safe entry point during market dips #Crypto #Stablecoin #USDT #USDC #DAI #CryptoTrading #TechnicalAnalysis #FundamentalAnalysis #DigitalCash #DeFi #Blockchain $STABLE
STABLE-3.17%
DAI-0.05%

DAI/USD price calculator

DAI
USD
1 DAI = 0.9996 USD. The current price of converting 1 Dai (DAI) to USD is 0.9996. This rate is for reference only.
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Asset-Backed Stablecoin
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Contracts:
0xDA10...9000da1(Arbitrum)
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What can you do with cryptos like Dai (DAI)?

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What is Dai and how does Dai work?

Dai is a popular cryptocurrency. As a peer-to-peer decentralized currency, anyone can store, send, and receive Dai without the need for centralized authority like banks, financial institutions, or other intermediaries.
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FAQ

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 factors influence the price of Dai?

The price of Dai is primarily influenced by the supply and demand dynamics in the decentralized finance (DeFi) ecosystem, the stability of collateral backing it (like Ethereum), and overall market sentiment towards cryptocurrencies.

Where can I check the current price of Dai?

You can check the current price of Dai on various cryptocurrency market trackers and platforms, including Bitget Exchange.

Is Dai a stablecoin, and how does it maintain its value?

Yes, Dai is a stablecoin designed to maintain a stable value of 1 USD. It achieves this by using smart contracts on the Ethereum blockchain to manage collateral backing its issuance.

What is the price prediction for Dai in the next few months?

While price predictions can be speculative, many analysts believe that Dai will maintain its peg to USD due to its design as a stablecoin, but market conditions could influence fluctuations.

Has the price of Dai been stable in recent months?

Yes, Dai has historically maintained its value around $1, though minor fluctuations can occur based on market supply and demand.

Can I trade Dai on Bitget Exchange?

Yes, Dai can be traded on Bitget Exchange, where users can exchange it for various cryptocurrencies or fiat currencies.

What are the advantages of using Dai compared to other stablecoins?

Dai offers the advantage of decentralization, being backed by collateralized debt positions, and is not subject to centralized control, unlike some fiat-backed stablecoins.

What events could potentially impact the price of Dai?

Events such as significant shifts in the DeFi market, changes in Ethereum's network policies, updates in the MakerDAO governance, or regulatory news can impact Dai's price.

Is it a good time to buy Dai given its current price?

Buying Dai is usually viewed as favorable if you need a stable digital currency or want to enter the DeFi space, as it typically maintains its peg.

What should I consider before investing in Dai?

Before investing in Dai, consider your risk tolerance, the volatility of the wider cryptocurrency market, and the specific use cases for Dai in your portfolio or transactions.

What is the current price of Dai?

The live price of Dai is $1 per (DAI/USD) with a current market cap of $5,363,383,138.29 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 $76.93M.

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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Cryptocurrency investments, including buying Dai online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Dai, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Dai purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.