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Dai
DAIpeggedUSD
crypto-backed
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DeFiLlama peggedUSD Stable·1,00 $US·4,6 Md $US mcap·48 chains

Profil du Stablecoin

Dai (DAI) est un stablecoin collatéralisé en crypto : les utilisateurs frappent DAI en verrouillant d'autres crypto-actifs en surcollatéral, avec 4,6 Md $US actuellement en circulation sur 48 réseaux blockchain. L'ancrage à USD est maintenu via des enchères de liquidation lorsque la valeur du collatéral tombe sous les seuils requis. Source de prix obtenue via defillama.

Ancré à
USD
Modèle de stabilisation
Collatéralisé en crypto
Source de prix
defillama

À propos de Dai (DAI)

The Dai stablecoin is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Dai is held in cryptocurrency wallets or within platforms, and is supported on Ethereum and other popular blockchains.

Comment fonctionnent l'émission et le rachat

Users mint Dai by depositing accepted collateral assets into Maker Vaults within the Maker Protocol. When the loan is repaid to retrieve the collateral, the paid back Dai is burned.

Émetteur et attestation

Dai (DAI) is issued by MakerDAO (Sky Protocol), operating under Decentralised protocol governed by MKR (now SKY) token holders. Originally launched in 2017.

Émetteur
MakerDAO (Sky Protocol)
Juridiction
Decentralised protocol governed by MKR (now SKY) token holders
Fondée
2017
Fréquence d'attestation
Continuous on-chain (collateral verifiable in real time)

Composition des réserves

Backed by a mix of crypto collateral (ETH, wstETH, LSTs), real-world asset vaults (US Treasuries via Monetalis/Clydesdale), and USDC held in the PSM.

Événements notables d'ancrage

In March 2023 the Maker community executed an emergency reduction of the PSM USDC exposure cap after the USDC depeg event.

Les informations sur l'émetteur sont compilées à partir de divulgations publiques, de dépôts réglementaires NYDFS / BMA et de rapports d'attestation de source primaire. Vérifiez toujours directement auprès de l'émetteur avant toute décision.

Activité récente de l'offre

Dai (DAI) supply expanded by 11,5 M $US (+0.25%) in the last 24 hours, expanded by 25,4 M $US (+0.56%) over the past week, and expanded by 165,8 M $US (+3.78%) over the past 30 days.

Variation 24h
+11,5 M $US
+0.25%
Variation 7j
+25,4 M $US
+0.56%
Variation 30j
+165,8 M $US
+3.78%

Modest growth: net issuance is positive at 3.78% over the past month, indicating gradual demand uptake.

Historique de l'Offre

Network distribution

Dai circulates across 44 blockchain networks. Ethereum hosts the largest share at 81.10%, followed by Polygon at 15.51%. Polygon has shown the strongest 30-day growth at +12.90%, suggesting fresh issuance or bridge inflows on that chain.

ChaîneOffrePart24h Δ30d Δ
Ethereum3,7 Md $US81.10%+0.03%+2.36%
Polygon706,3 M $US15.51%+1.23%+12.90%
BSC41 M $US0.90%0.00%0.00%
Fantom35,1 M $US0.77%0.00%0.00%
Arbitrum20,9 M $US0.46%+2.04%-0.32%
OP Mainnet14,9 M $US0.33%0.00%+0.11%
PulseChain14,6 M $US0.32%+0.61%+1.07%
Avalanche11,6 M $US0.25%0.00%-0.13%
Kaia8,2 M $US0.18%-0.00%+0.07%
Kava1,9 M $US0.04%0.00%0.00%
zkSync Lite1,7 M $US0.04%0.00%-0.28%
Near1,2 M $US0.03%0.00%+27.61%
Moonriver734,9 k $US0.02%0.00%0.00%
Solana497 k $US0.01%-0.00%+0.05%
Aztec420,7 k $US0.01%0.00%0.00%
StarkNet408,5 k $US0.01%0.00%-0.08%
ZKsync Era207,6 k $US0.00%0.00%-2.36%
Boba161 k $US0.00%0.00%0.00%
Linea154,2 k $US0.00%0.00%+0.06%
Metis132,6 k $US0.00%0.00%-0.81%
Astar114 k $US0.00%0.00%-70.45%
Osmosis90,1 k $US0.00%-0.45%-1.74%
Loopring81,1 k $US0.00%0.00%-0.00%
Mixin75,7 k $US0.00%0.00%0.00%
Scroll68,7 k $US0.00%0.00%-0.89%
Arbitrum Nova56 k $US0.00%0.00%-26.84%
Aurora51,9 k $US0.00%-0.00%+0.62%
Moonbeam48,8 k $US0.00%0.00%0.00%
Rootstock39,7 k $US0.00%-13.82%-13.82%
Gnosis37,2 k $US0.00%0.00%+0.00%
KCC18,8 k $US0.00%0.00%0.00%
Syscoin15,3 k $US0.00%0.00%0.00%
Cardano7,9 k $US0.00%0.00%-19.76%
Velas7,8 k $US0.00%0.00%0.00%
Unichain4,9 k $US0.00%0.00%+0.15%
Shiden4,8 k $US0.00%0.00%0.00%
ThunderCore1,2 k $US0.00%0.00%0.00%
Evmos663,4 $US0.00%0.00%0.00%
Morph178,4 $US0.00%0.00%0.00%
Taiko127,2 $US0.00%0.00%0.00%
Hemi46,2 $US0.00%0.00%0.00%
SXnetwork35 $US0.00%0.00%0.00%
Oasis11 $US0.00%0.00%0.00%
EDU Chain0,7 $US0.00%0.00%0.00%

Historique de stabilité de l'ancrage

As a crypto-collateralised stablecoin, Dai (DAI) maintains its 1.00 USD target by holding excess on-chain collateral and routing redemptions through automated liquidation auctions. Spot price is currently $1.0000 (-0.001%); short-term excursions are normal in this range are typically arbitraged away within hours via the protocol's open mint/redeem mechanics.

Prix actuel
$1.0000
Écart par rapport au peg
-0.001%
Bande de stabilité
Étroite (±0,1 %)

Comment les stablecoins crypto-collateralised défendent leur ancrage

Crypto-collateralised stablecoins like this one over-collateralise positions — borrowers must lock more than $1.00 of crypto for each $1.00 of stablecoin minted. If collateral value falls below the required ratio, the position is automatically liquidated in an open Dutch auction. Arbitrageurs can always mint and redeem against the protocol's contracts, which keeps the secondary-market price tightly bounded around $1.00. The main residual risks are sudden crypto-collateral crashes that outpace the liquidation engine, and oracle failure.

Implications pratiques pour les détenteurs

  • Collateral volatility is the dominant risk: a fast drawdown in the collateral asset can outpace liquidation auctions and leave the protocol under-collateralised.
  • Oracle risk: the protocol relies on price feeds (typically Chainlink or a multi-oracle setup). Oracle manipulation or delay during volatile markets has historically caused peg excursions.
  • Governance risk: parameter changes (collateral types, liquidation ratios, debt ceilings) are decided by token-holder votes. Sudden governance attacks remain a tail risk.
  • On-chain transparency is a major advantage — collateral is verifiable 24/7 without trusting an attestor.
  • Mantapex tracks peg deviation in real time from DeFiLlama price feeds, but for high-value holdings cross-check directly on at least one independent venue (CoinGecko, the issuer's own dashboard, or an on-chain DEX).

Peg-stability commentary is based on the mechanism class (crypto-collateralised) and is provided for educational purposes only — it is not financial advice. Past peg stability is not a guarantee of future performance, and even the highest-quality stablecoins have historically traded outside their target band during banking, regulatory, or liquidity stress.

Adresses de contrat

Dai (DAI) is deployed as a token contract on 1 blockchain network below. Always verify the contract address you're interacting with on the relevant block explorer before sending funds — phishing tokens reusing well-known stablecoin tickers are common, especially on newer chains.

ChaîneAdresse du contratVérifier
Ethereum0x6b175474e89094c44da98b954eedeac495271d0fExplorateur

Les adresses de contrat proviennent du profil stablecoin de DeFiLlama. Certaines chaînes (Tron, Solana, Aptos, Sui) utilisent des formats d'adresse non EVM. Le lien « Explorateur » ouvre l'explorateur de blocs officiel de la chaîne concernée ; nous ne renvoyons pas vers des explorateurs tiers susceptibles d'afficher des données modifiées.

Comparer Dai à d'autres stablecoins crypto-collateralised

Below are the largest crypto-collateralised stablecoins tracked on Mantapex alongside Dai (DAI). Comparing supply and chain footprint within the same mechanism class is more meaningful than cross-class comparison, because the underlying peg-defence assumptions are different.

StablecoinOffreMécanismeChaînes
Sky Dollar (USDS)8,4 Md $UScrypto-backed6
Ethena USDe (USDe)5,9 Md $UScrypto-backed23
Falcon USD (USDf)1,6 Md $UScrypto-backed2
USDD (USDD)1,1 Md $UScrypto-backed4
United Stables (U)1 Md $UScrypto-backed2

Entre les classes de mécanismes

If you're researching DAI as part of a broader stablecoin allocation, it's worth comparing it across mechanism classes — each design has different counterparty, custody, and tail-risk profiles.

Stabilité du Peg

Distribution par Chaîne

Ressources et sources de données

Dai (DAI) is tracked across major crypto data providers. The links below open Dai (DAI)'s pages on CoinGecko, CoinMarketCap and DeFiLlama, so you can cross-check supply, market cap, exchange listings and historical price data directly at the source.

Price feed sourced from defillama. Supply, peg and chain-distribution data are aggregated from DeFiLlama's stablecoins dataset, which combines on-chain balances across supported networks. Numbers on this page typically refresh every 10 minutes.

Actualités récentes sur Dai

Latest reporting from major crypto news outlets covering Dai.

Stablecoins associées

Stablecoins comparable to Dai by collateral mechanism, peg currency, or circulating supply — handy for spotting alternatives if a peg breaks or a regulator forces a delist.

Avertissement de Risque

Les stablecoins comportent des risques, notamment la dé-peggisation, les changements réglementaires et le risque de contrepartie. Diversifiez toujours et faites vos propres recherches.