Dai Token Analysis and Markets in 2020

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Last modified on 12. October 2020

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Quarters

Quick Facts

Dai is one of the largest cryptocurrencies. It had a market capitalization of just under US$ 882 million on 1 October 2020, accounting for about 0.256 percent of the digital currency market.¹^|2 The ticker symbol is also DAI, so the same but in capital letters.

In December 2019, Dai was added to coinmarketcap.com to track its real-time trading data.

http://makerdao.com

Quarterly Averages

This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.

Trading Volume & Market Capitalization

Trading Price

The all-time high of Dai in 2020

Dai Price analysis generated by coindashboards.com — Price analysis for the most important moments in Dai’s trading history (DAI)

The price of the Dai currency reached a peak in September 2020 at US$ 1.14. The equivalent market capitalization of the token reached over US$ 696 million. This put Dai around certain other digital currencies, such as Baer Chain, Wrapped Bitcoin, IOTA, Aave and Dash, among others.

Dais all-time high compared to Bitcoin and the most renowned companies worldwide

Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 202 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 1827 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 90 billion.

Dai (DAI): 0.696 bn US dollars
Bitcoin (BTC): 202 bn US dollars
Apple (AAPL): 1827 bn US dollars
VW (VWAGY): 90 bn US dollars
Date: 18 September 2020

More Details

The Dai-Token is not a native digital currency and is not created by mining. It has no maximum number of tokens, unlike Basic Attention Token, for example.

Dai transactions currently in progress can be tracked using this block explorer, which also shows block height and other real-time statistics.

To learn more about Dai, download the white paper or find more links to community forums, source code and social media accounts, visit http://makerdao.com.

Markets

Dai Market analysis generated by coindashboards.com — Markets on which Dai (DAI) can be traded

EUR

A large market for buying or selling Dai in EUR is Kraken.

USD

Three large markets for buying or selling Dai in USD are Kraken, Coinbase Pro and Bitfinex. There are additional platforms where you can buy or sell Dai, including Curve Finance, Curve Finance and MXC (MoCha), among others.

BTC

A large market for buying or selling Dai in BTC is Bitfinex. Additional trading platforms for buying or selling Dai in BTC are Bittrex, Sistemkoin and Upbit, among others.

Social Links

Take a look at the following social media channel to speak directly to the Dai team:

Twitter (@MakerDAO)

^{1. This figure changes to 0.5959 percent when taking Bitcoin out of the equation.}

^{2. Read about our sources}