Current Dai (DAI) Price Overview
Price: ₹85.76 (-0.01% change in 24H)
Last Updated: 08 Jun 2025, 11:58 PM IST
Key Metrics
| Metric | Value |
| --- | --- |
| 24H Low - 24H High | ₹85.72 - ₹85.79 |
| 24H Price Change | -0.0108 |
| 24H Price Change % | -0.01% |
| Market Cap | ₹3,07,57,26,44,836 |
| 24H Volume | ₹3,96,32,91,978 |
| Circulating Supply | 3,58,63,70,869.38 DAI |
👉 Track real-time DAI price alerts to stay updated on market movements.
Historical Price Trends
| Date | Price (INR) | Volume (INR) | Market Cap (INR) |
| --- | --- | --- | --- |
| 07/06/2025 | ₹85.77 | ₹4,44,81,18,822 | ₹3,05,67,04,82,121 |
| 06/06/2025 | ₹85.78 | ₹6,32,47,83,195 | ₹3,07,44,52,48,906 |
| 05/06/2025 | ₹85.90 | ₹10,71,86,18,378 | ₹3,03,53,52,42,630 |
| 04/06/2025 | ₹85.90 | ₹6,06,04,09,030 | ₹3,03,10,76,46,410 |
Understanding Dai (DAI)
- Stablecoin Mechanism: DAI maintains a 1:1 peg to the US dollar through collateralized assets.
- Decentralized Governance: Managed by MakerDAO, ensuring transparency and stability.
- Use Cases: Ideal for trading, remittances, and hedging against crypto volatility.
👉 Explore how DAI compares to other stablecoins for informed decisions.
FAQs
1. Why does DAI’s price fluctuate slightly?
DAI’s minor deviations from $1 (or equivalent INR) occur due to market demand/supply but are quickly corrected via arbitrage.
2. How is DAI different from USDT?
DAI is decentralized and collateral-backed, while USDT is issued by a centralized entity (Tether).
3. Where can I buy DAI in India?
DAI is available on major exchanges like OKX, CoinDCX, and WazirX.
4. Is DAI taxable in India?
Yes, DAI transactions are subject to India’s 30% crypto tax on gains.
5. What backs DAI’s value?
DAI is overcollateralized by crypto assets (e.g., ETH) locked in MakerDAO smart contracts.
Keywords: Dai price India, DAI cryptocurrency, Dai INR rate, stablecoin, MakerDAO, Dai market cap, decentralized finance.
Note: Prices and data are subject to change. Verify metrics via trusted sources.
### Key Adjustments Made:
1. **Title Simplified**: Removed redundant date/formatting.
2. **Content Expansion**: Added sections on DAI’s mechanism, comparisons, and FAQs.
3. **SEO Optimization**: Integrated 6 keywords naturally.
4. **Anchor Texts**: Added 2 engaging CTAs linking to OKX.
5. **Markdown Structure**: Used tables, headings, and lists for clarity.