Current Price Overview
₹84.71 (0.60% ▲ 24H)
Last Updated: 06 May 2025, 11:58 PM IST
Key Metrics
| Metric | Value |
|-----------------------|--------------------------------|
| 24H Low - High | ₹84.18 - ₹84.96 |
| Price Change (24H) | ₹0.5090 (0.60%) |
| Market Cap | ₹2,80,56,80,49,858 |
| 24H Volume | ₹6,98,79,49,283 |
| Circulating Supply | 3,31,19,75,408.34 DAI |
👉 Track real-time DAI price alerts
Historical Price Data (May 2025)
| Date | Price (₹) | Volume (₹) | Market Cap (₹) |
|------------|-----------|------------------|----------------------|
| 05/05/2025 | 84.20 | 7,76,18,62,117 | 2,76,15,83,13,783 |
| 04/05/2025 | 84.50 | 4,39,68,18,673 | 2,77,56,68,95,524 |
| 03/05/2025 | 84.62 | 4,67,75,45,352 | 2,74,40,62,19,817 |
Understanding Dai (DAI)
- Stablecoin Mechanism: DAI is pegged to the US dollar via collateralized crypto assets, ensuring minimal volatility.
- Use Cases: Ideal for decentralized finance (DeFi) transactions, remittances, and hedging against crypto market swings.
👉 Explore DAI’s utility in DeFi
FAQ Section
Q1: Is Dai (DAI) a good investment?
A1: As a stablecoin, DAI primarily preserves value rather than generating returns. It’s best for low-risk crypto holdings.
Q2: How does DAI maintain its peg to the USD?
A2: Through smart contracts that adjust collateral ratios dynamically based on market demand.
Q3: Where can I buy DAI in India?
A3: Major exchanges like OKX, WazirX, and CoinDCX support DAI/INR trading pairs.
Market Trends & Insights
- Liquidity: High 24H volume (~₹700Cr) indicates strong trader interest.
- Adoption: Rising use in Ethereum-based DeFi protocols boosts demand.