Introduction to Dai (DAI)
Dai (DAI) is a decentralized stablecoin pegged to the US Dollar, maintaining a 1:1 value through smart contract mechanisms on the Ethereum blockchain. Unlike traditional stablecoins backed by centralized reserves, Dai achieves stability via collateralized debt positions (CDPs) and algorithmic adjustments.
Live Price Overview
- Current Price: $1.00 USD (-0.02%)
- 24h Trading Volume: $57 Million
- All-Time High: $1.09 USD
Dai Price Chart & Market Performance
Price Trends (DAI/USD)
- 1 Day: -0.02%
- 1 Week: +0.01%
- 1 Year: -0.11%
Comparative Performance
| Metric | USD | BTC | ETH |
|-------------|--------|---------|---------|
| 1h Change | +0.00% | -0.15% | +0.10% |
| 24h Change | -0.02% | +0.80% | +1.84% |
👉 Track real-time DAI price movements
Dai Market Capitalization
- Current Market Cap: Calculated based on circulating supply × price.
- Fully Diluted Valuation (FDV): Reflects total supply × current price.
Key Insight: DAI’s market cap stability stems from its collateral-backed design, reducing volatility compared to algorithmic stablecoins.
Wealth Distribution & Holder Stats
Top Holder Breakdown
| Rank | Holdings (DAI) | Percentage |
|------------|----------------|------------|
| Top 10 | 1,479,940 | 55.18% |
| Top 100 | 747,409 | 27.87% |
| Top 1,000 | 279,104 | 10.41% |
Note: Top addresses often include exchange wallets and institutional holders.
Blockchain & Transaction Data
- Total Holders: 170,627
- Historical Transactions: 2,327,477
- 24h Transaction Count: 32 (~1.33/hour)
FAQs About Dai (DAI)
1. How does Dai maintain its peg to the USD?
Dai uses over-collateralization with Ethereum-based assets (e.g., ETH) and automated smart contracts to adjust supply based on demand.
2. Is Dai a good investment?
As a stablecoin, Dai is designed for stability, not appreciation. It’s ideal for hedging against crypto volatility or earning yield via DeFi platforms.
3. Where can I buy Dai?
DAI is available on major exchanges like OKX, Coinbase, and Binance.
4. What’s the difference between Dai and USDT?
Dai is decentralized and transparent, while USDT is centrally managed by Tether Limited.
Key Takeaways
- Stability: DAI’s peg is maintained through decentralized mechanisms.
- Utility: Widely used in DeFi for lending, borrowing, and liquidity provision.
- Transparency: Blockchain stats and holder distribution are publicly verifiable.
For deeper analysis, refer to Dai’s official documentation.
### SEO Keywords:
1. **Dai stablecoin**
2. **DAI price analysis**
3. **Dai market cap**
4. **Buy Dai cryptocurrency**
5. **Dai vs USDT**
6. **Ethereum stablecoins**
7. **DeFi stablecoins**