DAI OVERVIEW

Dai Crypto Price and Market Overview

Track the live Dai crypto price, market capitalization, trading volume and circulating supply. DAI is a collateral-backed stablecoin designed to stay close to one US dollar, although the Dai price can move slightly above or below its target.

Use this overview to follow changes in DAI’s dollar peg, compare current and historical market data, and see how the Dai crypto market has changed over time. You can also explore price history, supply trends and the latest developments that may affect DAI and its role in the wider crypto market.

LIVE DAI PRICE

Live Dai Price Chart

Follow the live Dai price and trading volume across different timeframes. The chart shows how closely DAI is trading to its $1 target and highlights periods when the stablecoin moves above or below the peg.

Above period open Below period open Period open $1.00 peg Trading volume
Market data: CoinGecko Hover over the chart to view price and volume

PRICE PERFORMANCE

Dai Crypto Price Performance

Compare the Dai crypto price over the past 24 hours, seven days, 30 days and one year. Each card shows the period change, highest and lowest price, and current DAI price in your selected currency.

ONE DAYCurrent $0.9998
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ONE WEEKCurrent $0.9998
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ONE MONTHCurrent $0.9998
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ONE YEARCurrent $0.9998
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Market data: CoinGecko Peg measured against $1 USD

MARKET CONTEXT

Why Is the Dai Price Holding Near $1 Today?

Coin Insider Market Desk 2:28 AM

The Dai price is $1.0000 USD and remains within 0.00% of its $1 target. DAI has traded between $1.0000 and $1.0000 over the past 24 hours.

Small moves around $1 are normal for a stablecoin. Current trading suggests that market liquidity, demand for DAI, and available conversion routes are keeping the token close to its intended value.

Relevant Factors

  1. 1
    Stablecoin Demand

    Demand for DAI can rise when traders move into dollar-linked assets or use it across DeFi markets, while weaker demand can reduce buying pressure around the peg.

  2. 2
    Market Liquidity

    Deep liquidity helps keep DAI close to $1 by making it easier to trade without large price swings, while thinner markets can lead to wider and faster peg deviations.

  3. 3
    Arbitrage Activity

    Traders can buy DAI below $1 or sell it above $1, helping close price gaps and pull the token back toward its intended peg when market prices start to drift.

  1. 4
    Collateral Health

    DAI depends on collateral held within its system, so changes in the value, quality, or stability of those assets can affect confidence in the token and its peg.

  2. 5
    Liquidations & Debt Repayment

    Liquidations and debt repayments can change the amount of DAI in circulation, creating short-term buying or selling pressure that can move the token around $1.

  3. 6
    Protocol & Governance Changes

    Changes to collateral rules, fees, savings rates, or other protocol settings can influence DAI demand, supply, and how closely the token continues to track $1.

MARKET NEWS

Latest Cryptocurrency Market News

Follow Coin Insider reporting on cryptocurrency prices, stablecoins, decentralized finance, regulation and wider developments shaping the digital asset market.

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RELATED ASSETS

Assets Related to DAI

Compare DAI with other dollar-pegged assets and tokens connected to Sky Protocol. Although these assets may operate within similar markets, they differ in backing, governance, yield access and intended use.

USDS USDS
Rank #14
$1.00
▲ 0.01%
Sky Protocol successor
Market cap $8.6B
24h volume $245.53M
USDC USDC
Rank #5
$1.00
▼ 0.00%
Dollar-pegged stablecoin
Market cap $70.3B
24h volume $12.9B
Tether USDT
Rank #3
$0.9990
▼ 0.00%
Dollar-pegged stablecoin
Market cap $176.9B
24h volume $50.3B
Ethena USDe USDE
Rank #20
$1.00
▼ 0.01%
Dollar-pegged stablecoin
Market cap $4.9B
24h volume $48.33M
USD1 USD1
Rank #29
$0.9988
▼ 0.00%
Dollar-pegged stablecoin
Market cap $3.3B
24h volume $1.2B
Chainlink LINK
Rank #17
$10.64
▲ 1.76%
Related asset
Market cap $8.2B
24h volume $276.34M
XDC Network XDC
Rank #91
$0.0295
▼ 3.73%
Related asset
Market cap $587.70M
24h volume $13.67M
Rain RAIN
Rank #31
$0.004525
▼ 8.30%
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Market cap $3.2B
24h volume $16.91M
Shiba Inu SHIB
Rank #38
$0.000004
▲ 0.46%
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Market cap $2.6B
24h volume $56.95M
Pepe PEPE
Rank #42
$0.000005
▲ 3.19%
Related asset
Market cap $2.2B
24h volume $495.82M