Dai Price
DAI is a decentralized stablecoin that aims to track the US dollar, but unlike USDT or USDC it is not issued by a company against bank reserves. Instead it is created through the Maker protocol, where users lock up crypto (and, increasingly, tokenized real-wo…
Market data via Binance · signals computed live from daily closes · not financial advice.
Supply structure
Dai has no fixed maximum supply. Circulating supply is a curated estimate used to derive market cap.
What the markets price for Dai
Implied probabilities from live Polymarket prediction markets that mention Dai. Each figure is the market-priced chance of the outcome resolving Yes — a crowd forecast, not ours.
Source: Polymarket · probabilities reflect current market prices and change continuously. Shown for context only — not a forecast, endorsement or financial advice.
Convert Dai to US Dollar
Two-way DAI ↔ USD at the live Binance price. Type an amount in either field, or tap a preset.
About Dai
DAI is a decentralized stablecoin that aims to track the US dollar, but unlike USDT or USDC it is not issued by a company against bank reserves. Instead it is created through the Maker protocol, where users lock up crypto (and, increasingly, tokenized real-world assets) as collateral to mint DAI.
That design makes DAI a fascinating middle path: a dollar-pegged token governed by smart contracts and a decentralized community rather than a single issuer. The trade-off is complexity and different risks — collateral volatility, smart-contract bugs, and governance decisions can all affect the peg.
DAI matters to the money layer as the leading attempt to build "digital dollars" without a central issuer. It is not risk-free, and its stability depends on the health of its collateral and the Maker system behind it.
The story
DAI is a crypto-collateralized, dollar-pegged stablecoin minted through the Maker protocol rather than issued by a company. Its peg is maintained by overcollateralization, incentives, and governance.
The context
DAI trades decentralization for a more complex risk surface: collateral swings, smart-contract risk, and — increasingly — exposure to tokenized real-world assets and centralized stablecoins held as backing. It is a bet on decentralized money that still leans on the wider system.
Its collateral mix — how much is crypto versus real-world assets and centralised stablecoins — the peg under stress, and Sky/MakerDAO governance changes.
The Digital Take is reasoning and data from the Crypto Ruble Coins Editorial team — context, not a buy or sell call. Not financial advice.
Dai vs peers
| Coin | Price | 24h | Market Cap |
|---|---|---|---|
| Dai DAI | $1.00 | +0.00% | $5.30B |
| Bitcoin BTC | $62,406.00 | -2.79% | $1.24T |
| Ethereum ETH | $1,779.07 | -3.11% | $214.38B |
| Tether USDT | $1.00 | +0.00% | $140.00B |
| BNB BNB | $568.30 | -1.79% | $79.56B |
| XRP XRP | $1.07 | -2.78% | $61.91B |
Dai FAQ
What is Dai (DAI)?
Dai is a decentralised stablecoin that aims to stay near one US dollar. It is created by a protocol and backed by crypto and other collateral in smart contracts, rather than by a company’s cash reserves.
How is Dai different from USDT or USDC?
USDT and USDC are issued by companies holding reserves. Dai is generated by a decentralised protocol and backed by over-collateralised crypto and other assets.
What is over-collateralisation?
Borrowers must lock up more value in collateral than the Dai they create, providing a buffer that helps keep Dai near its one-dollar target.
Can Dai lose its peg?
Yes. In extreme market conditions or if its collateral falls sharply in value, Dai can trade away from one dollar. It is not a guaranteed claim.
Where does Crypto Ruble Coins’s Dai price come from?
Crypto Ruble Coins shows Dai at its intended one-dollar peg where a live trading pair is unavailable, and market cap is derived from a curated circulating-supply figure.
Last updated 14 Jul 2026