What Exactly Is Dai? (DAI)

Dai (DAI) is a USD-pegged stable coin built on the Ethereum blockchain and has no centralized authority. Its USD 1 equivalent maintains through automatic pricing mechanisms built into smart contracts.


When Dai is worth more than $1, the smart contract pricing mechanisms decrease the price. Conversely, when Dai is worth below $1, the smart contract pricing mechanisms increase the price. Freely trade Dai like any other ERC20 token. Anyone with an Ethereum wallet can own, accept, and transfer it without an intermediary.

Where Can I Buy DAI Tokens?

Want to know about our offers first?

Subscribe our newsletter