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About Dai (DAI)
Dai is a collateral-backed stablecoin pegged to the US Dollar. Dai (DAI) is the first decentralized stablecoin built on top of the Ethereum blockchain. Because the price of Dai is pegged to the US Dollar, it experiences relatively little market volatility. As a result, it is most often used as a method of payment or hedging mechanism. Every Dai is backed by a surplus of collateral that is escrowed into publicly reviewable Ethereum smart contracts.
Dai (DAI) Price Today
Dai price today is $1.00.
1,199,099 DAI was purchased today on Kraken worth $1,201,497. Check out the DAI chart above for more real time price data. Want to get updates on the latest crypto prices on-the-go? Sign up today to receive DAI price alerts. Kraken lets you buy and sell 313 cryptocurrencies, including DAI. There are some geographic restrictions which may affect the assets that are available in your verified country of residence. View all crypto prices.
Dai (DAI) Price History
Dai price is +0.40% over the last year. The highest price of DAI in the last year was $1.00 and the lowest price of Dai in the last year was $0.99.
24h
-0.05%
7d
+0.14%
1m
+0.10%
1y
+0.40%
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Categories
Kraken classes Dai to be within the following categories: Stablecoins, DeFi, Cosmos Ecosystem, Avalanche Ecosystem, Polygon Ecosystem, Arbitrum Ecosystem.
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Buy Dai
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Dai rewards
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Dai FAQ
Can I trade Dai at a lower price?
Yes, you can choose what price you pay for Dai using Custom Orders on Kraken. If the price of Dai reaches to your desired price, the order will execute automatically.
Is now a good time to buy Dai?
Timing the market can be tough, but dollar cost averaging can help. By setting up recurring buys, you can constantly accumulate Dai over time and not worry about whether or not now is the best time to buy.
What is the daily trading volume of Dai?
1,199,099 DAI worth $1,201,497 was traded on Kraken in the last 24 hours.
What affects the Dai price?
A variety of factors affect the price of Dai including market sentiment, technical developments, user adoption and macro economic events.
How do I read the Dai price chart?
To read the Dai price chart, it can be useful to start by understanding the X-axis (which represents time) and the Y-axis (which represents the price). A line chart connects a crypto asset's closing prices with straight lines to clearly display its performance over time.
How can I analyze prices with the Dai chart?
Analyzing price movement using the DAI chart can involve identifying areas of support and resistance, or using technical analysis which is the study of past price movements to forecast future trends. However, it's important to remember that no method can predict prices with 100% accuracy due to the market's volatility.
Dai Dollar Cost Averaging Calculator
See how much value you'd have today if you had dollar-cost averaged into different cryptocurrencies.
Dai markets
Explore popular Dai trading pairs on Kraken. You can swap DAI for cash, stablecoins or other digital assets.
Popular markets
Kraken lets you trade hundreds of cryptocurrencies beyond Dai. Check out some of the top trading pairs on Kraken today.
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Start your crypto journey
Kraken makes it easy to get started.
Sign up today to buy and sell 313 cryptocurrencies.
Content provided herein may originate from third parties not associated with Payward Ventures, Inc. (D/B/A Kraken) or any of its subsidiaries. Kraken does not vouch for or take responsibility for such third-party content. These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptoasset or to engage in any specific trading strategy. Any reliance on this content is at the reader’s own risk. Kraken shall not be held liable for inaccuracies or any decisions made based on this content. Kraken does not endorse nor validate the accuracy of the information provided for any specific asset. Displayed prices are merely representative and the actual values and related data may differ. The unpredictable nature of the cryptoasset markets can lead to loss of funds.
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