Dai
A stablecoin tracking the US dollar, crypto-backed. Trading -0.02% against one USD.
On exchanges or on a DEX with a self-custody wallet (no KYC). DAI can also be generated without KYC by depositing collateral in the Sky protocol, or swapped 1:1 against USDC in its peg stability module.
Who may buy is set by the issuer — check their terms.
Price, yield and minimum: check with the provider
Our source lists what DAI is, and the chains it is deployed on — but states no price, yield or minimum for it. Those fields are left empty here rather than estimated.
Key facts
- Yield / return
- No yield
- Liquidity
- Traded on public markets — venues not verified
- KYC
- To buy on a market: no KYC. To mint with the issuer: no KYC.
- Figures verified
- 2026-10-11
Details
- Issuer
- Sky (formerly MakerDAO)
- Type
- Dollar Stablecoin
- Category
- Payment Stablecoins
- Pillar
- Fixed Income
- Network
- Ethereum / Polygon / Fantom (+46)
- Jurisdiction
- United States
- AUM
- $4,814,521,903 circulating
- EU (MiCA)
- No issuer to authorise
Questions investors ask about Payment Stablecoins
Buying DAI: common questions
How do I buy DAI?
On exchanges or on a DEX with a self-custody wallet (no KYC). DAI can also be generated without KYC by depositing collateral in the Sky protocol, or swapped 1:1 against USDC in its peg stability module. The token runs on Ethereum / Polygon / Fantom (+46).
Do I need KYC to buy DAI?
Not on the secondary market: DAI can be bought on a DEX without identity verification.
Can I buy DAI in the EU?
Not reliably. DAI has no central issuer that could be authorised under MiCA, and many EU-regulated platforms have stopped offering it. You can still swap into it on a DEX from your own wallet. Issued by the Sky protocol with no central issuer to authorise; major EU platforms delisted it alongside USDT.
Figures last verified against a live source on 2026-10-11. Yields are variable and not guaranteed. Not investment advice. © 2026 TokenBank — operated by NumericalsAI Inc. · JSON