Total Tracked (incl. stablecoins)$352.39B
RWA Market Cap (ex-stablecoins)$49.8B
Stablecoins$298.58B
Tokenized Treasuries$9.46B
Tokenized Gold$5.9B
24h RWA Volume$1.7B
Treasury Token Yield vs SOFR-0.54%
LIVE
Discovery Hub
$1
0.01% 24h
Rank #24

DAI is MakerDAO's decentralized, dollar-pegged stablecoin backed by a basket of crypto and real-world-asset collateral rather than a single custodian's bank reserves. It's minted and managed on-chain through overcollateralized vaults, making it one of the earliest and most established non-custodial stablecoins in DeFi.

  • Macro context: DAI is part of the tokenized money market, which represents only ~0.290% of global M2 money supply today.

Data as of Sep 3, 2026

Price performance

7D

+0.04%

14D

+0.04%

30D

+0.05%

1Y

-0.00%

All-time

-0.42%

Market Cap

$4.54B

24h Volume

$145.12M

Best On-Chain APY

3.92%

On-Chain Holders

704.98K

Summed across all deployed chains (per-chain wallets not de-duplicated)

Underlying

Fiat / RWA-backed stablecoin

PermissionlessWhat's this?

Key facts

via /coins/{id}

Market Cap Rank

#24

Circulating Supply

4.54B

Total Supply

4.54B

All-Time High

$1.22 · 2020-03-12

Categories

StablecoinsDecentralized Finance (DeFi)USD StablecoinEthereum EcosystemCrypto-backed StablecoinFiat-backed Stablecoin

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Full round-the-clock historical data for DAI — including off-market-hours — exportable to CSV.

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AI-assisted analysis of DAI paired with the latest issuer, regulatory and market news.

Side-by-side execution across centralized order books and on-chain pools. Slippage estimated for a $10,000 swap.