Price History
Source: Yahoo Finance · Prices delayed up to 15 minutes
Latest News
About DAI
DAI is a decentralised, crypto-collateralised stablecoin issued by the MakerDAO protocol on Ethereum. Unlike USDT and USDC, DAI is not backed by bank deposits — it is minted when users lock up cryptocurrency as collateral, creating a censorship-resistant alternative to centralised stablecoins.
Why Investors Watch DAI
DAI represents the most credible attempt to create a truly decentralised dollar equivalent. Its collateralisation ratios and stability mechanisms have been tested through multiple crypto market crashes. The shift to real-world asset (RWA) collateral — including US Treasuries held on-chain — is increasing institutional relevance.
Where to Trade or Invest
The links below are affiliate links. We may earn a commission if you open an account, at no cost to you. Always research any platform before depositing funds.