DAI price chart
About Dai
DAI is a decentralised stablecoin soft-pegged to the US dollar. Rather than being issued by a company, it is created when users lock collateral — mostly other crypto assets and tokenised treasuries — into smart contracts. The system adjusts fees and incentives to keep the peg. Because it is governed by token holders rather than a single issuer, DAI is often used where counterparty risk is a concern.