Dai (DAI)

0.27 %

Market Cap

The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market.

Market Cap = Current Price x Circulating Supply.

24 Hour Trading Vol

A measure of how much of a cryptocurrency was traded in the last 24 hours.

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Fully Diluted Valuation

The market cap if the max supply was in circulation.

Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows - -.

5116353326>T
Circulating

The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.

5,103,494,178.00
Total Supply

The amount of coins that have been already created, minus any coins that have been burned. It is analogous to the outstanding shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, total supply shows - -.

5,103,494,178.40
Max Supply

The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. It is analogous to the fully diluted shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, max supply shows - -.

5,103,494,178.40
Low High
Contract
Website
Explorers
Social Media
Tags
Week Month Year All Time
High

Jan 25 2023

0.999702081494
0.33%

Jan 16 2023

1.004911766383
-0.19%

Jun 13 2022

1.006876206881
-0.38%

Mar 13 2020

-17.72%
Low

Jan 25 2023

0.999702081494
0.33%

Jan 13 2023

0.998941435029
0.41%

Nov 10 2022

0.994461438311
0.86%

Nov 25 2019

11.04%
For Detailed Research of Dai - Visit - Dai (DAI)

Market

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Historical Data

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Dai
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Coin Info

DAI is an Ethereum-based stablecoin whose issuance and development are governed by the Maker Protocol and the MakerDAO decentralised autonomous organisation.

The price of DAI is soft-pegged to the US dollar and is collateralized by a mixture of other cryptocurrencies that are put into smart-contract vaults each time fresh DAI is produced. 

One of DAI's distinctive features is that it was not founded by a single individual or a small group of co-founders.

MakerDAO is a decentralised autonomous organisation – a type of business that operates in a decentralized way via the use of smart contracts, which are self-enforcing agreements encoded in software code and performed on the Ethereum blockchain.

This organisation is administered democratically by the holders of its Maker (MKR) governance tokens, which function similarly to stock in a typical firm. MKR holders may vote on major issues about the development of MakerDAO, Maker Protocol, and DAI, with their voting power corresponding to the number of Maker tokens they own.

This organisation is administered democratically by the holders of its Maker (MKR) governance tokens, which function similarly to stock in a typical firm. MKR holders may vote on major issues about the development of MakerDAO, Maker Protocol, and DAI, with their voting power corresponding to the number of Maker tokens they own.

Rune Christensen, an entrepreneur from Denmark, founded MakerDAO in 2015. Christensen studied biochemistry and international business in Copenhagen before founding the international recruiting firm Try China.

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