Dai by MakerDAO Product Information and Latest Updates (2025)

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What is Dai by MakerDAO?

Dai is Ethereum's first and only decentralized stablecoin. 1 Dai = $1. The Dai Dashboard lets users open a CDP (Collateralized Debt Position) with crypto-collateral (i.e. Ether) and borrow Dai.

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Recent Dai by MakerDAO Launches

Dai by MakerDAO Ethereum's first & only decentralized stablecoin

Launched on April 5th, 2018

Forum Threads

Nick SP

•

7yr ago

Dai by MakerDAO - Ethereum's first & only decentralized stablecoin

Dai is Ethereum's first and only decentralized stablecoin. 1 Dai = $1. The Dai Dashboard lets users open a CDP (Collateralized Debt Position) with crypto-collateral (i.e. Ether) and borrow Dai.

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