Dai DAI
Rank #21 stablecoindefi
Supply release: when does the rest arrive?
No maximum supplyThere is no release date — DAI has no maximum supply.
New DAI is issued indefinitely under the network's own rules, so there is no point at which issuance finishes and no final total to count down to. Long-run scarcity depends on the issuance rate — and on any burning that offsets it — rather than on a hard cap.
Supply at a glance
About Dai
DAI is a decentralised stablecoin that targets US$1, issued by the Sky (formerly MakerDAO) protocol against crypto collateral rather than a company's bank account. It's the longest-running experiment in algorithmically-governed, collateral-backed stable money.
Issued by Rune Christensen and the MakerDAO team (2017).
Dai in context
Dai trades 28% below its all-time high of A$1.94, set in March 2020. Over the past 90 days it has lost 0.0% in AUD terms, trailing Bitcoin's +8.5% by 8.6 percentage points — one of the moves behind today's altcoin season index reading. Daily turnover runs at about 5.0% of its market value — liquid enough that ordinary retail orders fill without drama.
Computed from our market records at build time — figures refresh with the daily rebuild.
12-month range (AUD)
today sits 7% of the way up the rangeThe supply maths: what would a price target mean?
full calculator →Market cap = price × circulating supply. With 4.60 billion DAI circulating, every dollar of DAI price is A$4.60B of market cap — so check what a target actually implies:
Buying Dai in Australia
Dai is widely available on major exchanges, but we haven't yet verified which of our listed Australian platforms carry a direct DAI/AUD pair — we only publish availability we've checked. Compare exchanges and confirm the pair on the platform before depositing.
FAQ
What is the Dai (DAI) price in AUD right now?
The DAI price in AUD is about A$1.39 as of our last data refresh — the price at the top of this page updates continuously from CoinGecko market data (every 10 minutes in production), quoted in Australian dollars first so there's no mental USD conversion. The converter above turns any DAI amount into AUD at the live rate.
How do I buy Dai in Australia?
Dai is available on major exchanges, though we haven't yet verified which Australian platforms carry a direct DAI/AUD pair. The usual path: pick an AUSTRAC-registered exchange, deposit AUD via PayID or bank transfer, and check the DAI pair on-platform before committing.
Is Dai taxed in Australia?
Yes — the ATO treats Dai as a CGT asset. Selling, swapping or spending it is a taxable event; holding over 12 months may qualify individuals for the 50% CGT discount. See our crypto tax guide.
When will the rest of the DAI supply be released?
There is no release date — DAI has no maximum supply. New DAI is issued indefinitely under the network's own rules, so there is no point at which issuance finishes and no final total to count down to. Long-run scarcity depends on the issuance rate — and on any burning that offsets it — rather than on a hard cap.
Who created Dai?
Issued by Rune Christensen and the MakerDAO team (2017).
What is Dai's all-time high in AUD?
Dai peaked at A$1.94 in March 2020. Today's price sits 28% below that peak — the stat cards above track it daily.
Why does the DAI price here differ from prices I see in USD?
We quote in Australian dollars, so the number moves with both the coin's USD price and the AUD/USD exchange rate. Most global sites quote USD — multiply by the current exchange rate (or just use our converter above) and the numbers reconcile.
Market data powered by CoinGecko · availability verified against exchange listings
General information only, not financial advice. Crypto is volatile — never invest more than you can afford to lose.