Dai (DAI)

Rank #17

Market snapshot

Price
$0.999839
Market cap
$4.6B
24h volume
$47.3M
Circulating supply
4,569,760,563.6789
Total supply
4,569,760,563.6789
Max supply
N/A

What is Dai?

Dai (DAI) is a cryptocurrency that operates on the Ethereum platform. It is designed to be a stablecoin, meaning its value is pegged to the US dollar, providing a stable medium of exchange in the cryptocurrency ecosystem.

Key information

Symbol
DAI
CMC rank
#17
Network / platforms

Anubis, Arbitrum, Aurora, Avalanche C-Chain

Categories
N/A
Date added
Nov 22, 2019

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

  • Anubis

    0x83fd06f0846d9d90b3016bf670efe2e0b11cde14
  • Arbitrum

    0xDA10009cBd5D07dd0CeCc66161FC93D7c9000da1
  • Aurora

    0xe3520349f477a5f6eb06107066048508498a291b

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is Dai (DAI)?
Dai (DAI) is a cryptocurrency that operates on the Ethereum platform and is designed to maintain a stable value against the US dollar.
What are the risks associated with Dai (DAI)?
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling.
How can I safely acquire Dai (DAI)?
Verify the asset name, network, and any supplied contract details before transferring. Review the custody method, including self-custody versus a third-party platform.
Where can I find official resources for Dai (DAI)?
Official resources for Dai can be found on the MakerDAO website and various blockchain explorers.

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