About Dai (DAI)
Currency Details
Name Dai
SymbolDAI
Market Capitalization$2.33 billion
Coin or TokenToken
AlgorithmETH Token
Proof Type
Genesis Date11/18/2019
Mineable?No
Official Links
Official Website (Alt)N/A
BitcoinTalk Announcement
ViewCommunity Discussion
Telegram GroupN/A
Discord GroupN/A
Message Board (Alt)N/A
Research Tools
Dai (DAI) Frequently Asked Questions
How do I buy Dai?
It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Dai.
Where can I get Dai wallet?
Dai produces its own wallet software that is available for download on its website, which allows you to store Dai on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.
What is the value of Dai?
One Dai (DAI) is currently worth $1.00 on major cryptocurrency exchanges. You can also exchange one Dai for 0.00002016 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Dai in U.S. dollars is $2.33 billion.
What hashing algorithm does Dai use?
Dai is a token that uses the ETH Token algorithm.
What coins are similar to Dai?
The following coins use Dai's ETH Token algorithm and proof-type: Chainlink, Aave, Crypto.com Coin, Solana, Huobi Token, THETA, FTX Token, Synthetix, The Graph, Binance USD, Maker, SushiSwap, Fantom, Voyager Token and Ren.
What is the Reddit page for Dai?
The official Reddit community (subreddit) for Dai is r/makerDAO.
MarketBeat Community Rating for Dai (DAI)
MarketBeat's community ratings are surveys of what our community members think about Dai and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.
Dai (DAI) Price Chart for Thursday, February, 25, 2021
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Dai (DAI) Search Trends
There is a correlation between price appreciation and public interest in cryptocurrencies, such as Dai. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "Dai Token" over the last 90 days.
Dai (DAI) Website Traffic
Dai (DAI) Social Media Trends
Dai (DAI) News Headlines
| Source | Headline |
|---|
 | Monday market decline triggered second-highest amount of liquidations in DeFi space’s history
theblockcrypto.com - February 22 at 11:01 PM |
 | Stablecoin RAI launches, a pure, decentralized alternative for DeFi
cointelegraph.com - February 19 at 3:05 AM |
 | Attacker Drains $11 Million In DAI from Yearn Finance Vault
blockonomi.com - February 8 at 6:14 AM |
| Yearn Finance DAI Vault Exploited, Attacker Pockets $2.8M after Draining $11M
feedproxy.google.com - February 5 at 9:51 AM |
 | Yearn Finance DAI Vault ‘Has Suffered an Exploit’; Funds Lost Unclear
coindesk.com - February 5 at 2:05 AM |
| Bitcoin in jeopardy, Ether briefly breaks records, Biden takes action: Hodler’s Digest, Jan. 17–23
cointelegraph.com - January 24 at 7:04 AM |
 | Chinese Clothing Group ERDOS Strengthens Product Power with Centric PLM™
prweb.com - December 29 at 10:24 AM |
 | The 7th Ho Chi Minh City Ao Dai Festival launches the "I love Vietnamese Ao Dai" Contest/ Campaign
prnewswire.com - December 27 at 10:32 PM |
| The DeFi market desperately needs to connect with real-world assets
cointelegraph.com - November 14 at 11:23 AM |
| Lake Dai Brings Wealth of AI Knowledge, Experience to Alcatraz Board
prweb.com - November 5 at 3:15 PM |
| Ethereum Classic Labs and ChainSafe Systems Announce DAI-ETC Bridge, Integrating Dai to Expand DeFi on Ethereum Classic
prweb.com - October 28 at 9:22 AM |
| Adjusted TVL metric helps put DeFi growth in perspective
cointelegraph.com - August 28 at 8:02 PM |
 | Qtum Will Pledge up to $5 Million to Its New DeFi Development Fund
newsbtc.com - August 17 at 6:10 PM |
| DeFi Tokens Outperformed Bitcoin in Q2 but Will the Rally Continue?
cointelegraph.com - July 16 at 4:31 PM |
| HOPR Data Privacy Testnet to Launch Following Investment by Binance
cointelegraph.com - July 15 at 9:05 AM |
| Edward Minn Added as Portfolio Manager for Weatherbie Specialized Growth Strategy
www.prweb.com - June 29 at 8:41 AM |
| Cash or Plastic? Countries Where Crypto Debit Cards Are Fair Game
cointelegraph.com - June 1 at 6:04 PM |
| DeFi Gemini: New York Crypto Exchange Powerhouse Lists Chainlink & Dai
blockonomi.com - April 10 at 12:13 PM |
| Flying Hot Off the Shelves — Virtual Land Based on Blockchain
cointelegraph.com - March 21 at 11:49 AM |
| MakerDAO Adds USDC as DeFi Collateral Following ‘Black Thursday’ Chaos
www.coindesk.com - March 17 at 2:40 PM |
| DeFi Leader MakerDAO Weighs Emergency Shutdown Following ETH Price Drop
www.coindesk.com - March 12 at 6:09 PM |
| Top 5 Cryptos This Week (Mar 8): LINK, CRO, XTZ, MKR, ETH
cointelegraph.com - March 8 at 8:06 PM |
| A New Wrinkle for Ethereum DeFi: Loans Backed by Crypto Collectibles
blockonomi.com - January 21 at 8:30 AM |
| Maker Foundation Announces $27.5 Million MKR Sale, Expands DeFi to Asian Market
cointelegraph.com - December 19 at 11:05 AM |
| Serena Dai joins Westwood Labs, award-winning “Green” contract manufacturer of beauty and OTC topical products, as head of R&D
www.prweb.com - October 28 at 9:16 PM |
 | Wells Fargo Names Four New Executives
www.pymnts.com - July 31 at 9:18 PM |
![Digix Stablecoin Seeks to Put Gold on the [Ethereum] Blockchain](/images/news-sites/ccn.jpg "Digix Stablecoin Seeks to Put Gold on the [Ethereum] Blockchain") | Digix Stablecoin Seeks to Put Gold on the [Ethereum] Blockchain
www.ccn.com - December 17 at 4:02 AM |
