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.
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.
Market data: CoinGecko Peg measured against $1 USD
MARKET CONTEXT
Why Is the Dai Price Holding Near $1 Today?
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
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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.
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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.
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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.
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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.
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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.
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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
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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.