Dai

Dai (DAI) is a crypto-collateralised stablecoin: users mint DAI by locking other crypto assets as over-collateral, with $4.6B currently in circulation across 48 blockchain networks. The USD peg is maintained through liquidation auctions when collateral value falls below required thresholds. Price feed sourced via defillama.

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.

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

Issuer information is compiled from public disclosures, NYDFS / BMA regulatory filings, and primary-source attestation reports. Always verify directly with the issuer before making decisions.

Dai (DAI) supply expanded by $11.5M (+0.25%) in the last 24 hours, expanded by $25.4M (+0.56%) over the past week, and expanded by $165.8M (+3.78%) over the past 30 days.

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

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.

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.

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.

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.

Contract addresses are sourced from DeFiLlama's stablecoin profile. Some chains (Tron, Solana, Aptos, Sui) use non-EVM address formats. The "Explorer" link opens the official block explorer for the given chain; we do not link out to third-party explorers that may show altered data.

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.

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.