Dai (Ethereum) (DAI) Price — Buy & Swap DAI

$0.9999+0.02% (24h)ETH network

Live market data

Dai (Ethereum) (DAI) can be swapped instantly on Monivo — no account, no KYC and zero added fees. Compare live DAI rates from every connected provider and receive funds in your own wallet in minutes.

Swap DAI instantly — no KYC

DAI / USD — 24H chart

ChangeHighLow

Live market data · extended history unavailable for this asset

24h0.02%

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Dai (Ethereum) statistics

Market cap$4.59B

Fully diluted market cap$4.59B

24h volume$30.81M

Circulating supply4.59B DAI

Max supply∞

Total supply4.59B DAI

All-time high$0.9999

Market dominance0.17%

Rank#21

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About Dai (Ethereum) (DAI)

Stablecoin

Dai (DAI) is a decentralised dollar stablecoin issued by the Maker protocol against on-chain collateral, with its peg maintained through over-collateralisation, automated liquidations and interest-rate policy — no bank account required anywhere in the process.

The story behind Dai (Ethereum)

MakerDAO launched single-collateral Dai in December 2017, backed only by ether locked in a smart contract, and followed it with multi-collateral Dai in 2019, making Dai the first widely used stablecoin without a company custodying dollars in a vault somewhere.

Over time the protocol added USDC and tokenised US Treasuries to its backing, a pragmatic concession that improved stability at the cost of pure decentralisation, and in 2024 it rebranded itself as Sky with USDS positioned as Dai's intended successor token.

What DAI is used for

You would use DAI across DeFi as borrowable dollars, as collateral inside lending markets, or as a stablecoin you can mint yourself, permissionlessly, by locking crypto into a vault rather than asking anyone's permission. The Dai Savings Rate pays holders a yield set by governance, funded out of the protocol's own lending income rather than out of thin air.

Dai (Ethereum) in the market today

DAI is the largest decentralised stablecoin, though still far smaller than USDT or USDC in absolute terms. Its reliance on centralised collateral such as USDC and Treasuries has fuelled a long-running argument inside its own community about how decentralised the project genuinely still is — a debate that goes to the heart of what the token was built to prove in the first place.

How to buy or swap DAI

Pick DAI as the asset you want to receive.
Choose what you're paying with — crypto or a fiat card.
Monivo compares every connected exchange and routes your order to the best available rate.
Paste your wallet address and confirm — funds arrive in minutes.

Fees and pricing

Monivo does not add a separate platform fee. The quoted receive amount reflects the executing provider's pricing and applicable payout costs. Your sending wallet or exchange may charge its own network or withdrawal fee. The amount shown is an estimate; fixed and floating quotes follow the provider's terms.

Monivo does not add a separate platform fee. Some partner quotes include a small affiliate margin that is retained by Monivo as a referral commission; this margin is included in the rate shown, not added on top. Provider spreads and applicable network costs are also reflected in the quoted amount.

Network fees are set by the blockchain, not by Monivo. No account, no subscription and no withdrawal charge. Live support is available 24/7.

DAI swap FAQ

How do I swap Dai (Ethereum) (DAI) instantly on Monivo?

Pick DAI as the asset you want to receive, choose what you're paying with, paste your wallet address, and confirm. Monivo routes your order to the provider offering the best rate, and most swaps complete in under 10 minutes — no account needed.

Can I swap DAI with no KYC?

Yes. Crypto-to-crypto swaps of DAI on Monivo require no identity verification and no sign-up. Only fiat purchases (card or bank transfer) require KYC, because banks and payment processors mandate it.

Is swapping Dai (Ethereum) on Monivo non-custodial?

Yes. Monivo never holds your funds. DAI is sent directly to the wallet address you provide, so you stay in control the whole time.

Which network does DAI use here?

Monivo supports Dai (Ethereum) on the ETH network. Always double-check that your receiving wallet supports this network before confirming.

What fees apply when I swap DAI?

Monivo adds zero fees on top. The quote you see already reflects the best aggregated rate across connected providers, including their network and processing costs — all fees are included in the shown amount.

More on fees, limits, KYC and timing: read the full crypto swap FAQ.

Dai (Ethereum) (DAI) news

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The latest headlines mentioning Dai (Ethereum), aggregated from leading crypto news outlets and updated in real time. Headlines and excerpts stay in the language each outlet published them in.