Current Price Overview
👉 Track real-time DAI price updates
Price (07 Jun 2025): ₹85.77
24h Change: +0.02%
Last Updated: 07 Jun 2025, 11:58 PM IST
| Key Metrics | Details |
|---|---|
| 24h Range | ₹85.71 – ₹85.79 |
| Market Cap | ₹3,05,67,04,82,121 (-0.40%) |
| 24h Volume | ₹4,44,81,18,822 |
| Circulating Supply | 3,56,38,21,837.19 DAI |
Market Performance Insights
Price Trends
- Recent Volatility: Minimal fluctuations (0.02% over 24 hours).
- Weekly Low/High: ₹85.36 (02 Jun) to ₹85.90 (04 Jun).
Historical Data (June 2025)
| Date | Price (₹) | Volume (₹) | Market Cap (₹) |
|---|---|---|---|
| 06 Jun 2025 | 85.78 | 6,32,47,83,195 | 3,07,44,52,48,906 |
| 05 Jun 2025 | 85.90 | 10,71,86,18,378 | 3,03,53,52,42,630 |
| 04 Jun 2025 | 85.90 | 6,06,04,09,030 | 3,03,10,76,46,410 |
Understanding Dai (DAI)
Core Features
- Stablecoin Peg: 1 DAI ≈ 1 USD, ensuring low volatility.
- Utility: Used for DeFi lending, remittances, and hedging against crypto market swings.
Supply Dynamics
- Max Supply: Uncapped (algorithmically adjusted).
- Circulating Supply: Reflects active liquidity in markets.
FAQs
Q: Why is Dai’s price stable compared to other cryptocurrencies?
A: Dai is a collateral-backed stablecoin, meaning its value is pegged to the US dollar via smart contracts and overcollateralization with assets like Ethereum.
Q: Where can I buy Dai (DAI) in India?
👉 Explore trusted DAI trading platforms
Q: How does Dai maintain its peg during market crashes?
A: The MakerDAO protocol automatically adjusts interest rates and collateral ratios to stabilize DAI’s value.
Key Takeaways
- Stable Value: Ideal for traders seeking refuge from crypto volatility.
- Growing Adoption: Widely integrated in DeFi platforms for yield farming and loans.
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