Dai logo
Market rank #18 · Stablecoin

Dai DAI

Crypto-collateralized dollar-denominated stablecoin of the Sky Protocol

DAI price today$0.9997+0.00% over 24 hoursFresh ·

Dai price chart

Observed USD price+0.01% in view
$1.00$1.00$1.00$0.999$0.99705:00 AM01:00 PM08:00 PM04:00 AM
24 5-minute observations · UTCFull selected-window coverage
Market cap
$4.59B
24h volume
$211.64M
Volume / market cap
4.61%
Tracked market-cap share
0.18%
Global dominance
0.18%
Market pairs reported
3,780
CryptoDigest market read

What DAI is doing relative to the market

Calculated from CryptoDigest’s 50-asset published research universe—not a claim about the entire crypto market.

24-hour momentum#39 of 50

DAI is 0.01 percentage points above the Stablecoin average in our tracked set.

Trading intensity#27 by turnover

Reported 24-hour volume equals 4.61% of market cap and 0.13% of tracked-universe volume.

Observed range43% up the range

505 hourly candles retained; maximum peak-to-trough move observed was -0.23%.

Returns

DAI performance by period

PeriodReturnContext
1 hour-0.00%Provider snapshot
24 hours+0.00%Rank #39 of 50
7 days-0.01%Rank #13 of 50
30 days+0.01%Live market snapshot
60 days-0.01%Live market snapshot
90 days-0.01%Live market snapshot

Against Bitcoin: DAI performed 0.80 percentage points worse over 24 hours.

Valuation & supply

What the headline valuation includes

Circulating supply
4.593B DAI
Total supply
4.593B DAI
Maximum supply
No fixed maximum
Fully diluted value
$4.59B
24h volume change
+487.79%
Supply model
DAI is created against approved collateral or liquidity modules and destroyed when debt is repaid or tokens are converted

Fully diluted value applies the current price to the provider’s reported eventual or total supply. It is a scenario, not a forecast.

Primary-source asset brief

What is Dai?

DAI is generated through the protocol formerly known as Maker, now part of the Sky ecosystem. Borrowers lock approved collateral in vaults, while governance sets debt ceilings, collateral ratios, stability fees and liquidation parameters; other modules can exchange DAI against selected stable assets.

The target is one US dollar, not a contractual promise that every holder can redeem one DAI directly with a company. Collateral volatility, stablecoin exposure, governance decisions, oracle failures and liquidation performance all influence the quality of the peg. DAI can also be upgraded into the newer USDS token through supported contracts.

Common misconception

DAI is not backed only by decentralized crypto assets; its collateral and peg mechanisms can include tokenized real-world assets and issuer-backed stablecoins.

Current intelligence

No material active explanation

Detector output is shown only when evidence crosses a materiality threshold; price movement alone is not treated as a cause.

No active signal

No evidence-backed catalyst is currently flagged.

That is an honest unknown, not evidence that no catalyst exists.

Latest Dai news

No original CryptoDigest article currently focuses on Dai. Browse the newsroom for broader market coverage.

All crypto news →
Live quote

Price, market cap and 24-hour volume come from normalized provider snapshots, timestamped Sep 17, 2026, 4:00 AM UTC.

History

The chart uses stored 5-minute and hourly OHLC observations. It labels partial coverage instead of stretching it into a longer history.

Our calculations

Ranks, sector deltas and shares use the 50 assets in CryptoDigest’s published research universe. Turnover is volume ÷ market cap.

Source boundary

Supply and extended returns come from the live market-data feed; network facts link to project documentation. Nothing here is investment advice.