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Dai price

Dai PriceDAI

Listed
Buy
$0.9999USD
+0.00%1D
The Dai (DAI) price in is $0.9999 USD as of 23:40 (UTC) today.
Price Chart
Market cap
TradingView
Dai price USD live chart (DAI/USD)
Last updated as of 2025-06-25 23:40:24(UTC+0)
Market cap:$5,364,687,927.11
Fully diluted market cap:$5,364,687,927.11
Volume (24h):$19,060,658,628.07
24h volume / market cap:355.29%
24h high:$1
24h low:$0.9996
All-time high:$3.67
All-time low:$0.8970
Circulating supply:5,365,382,700 DAI
Total supply:
5,365,382,702.66DAI
Circulation rate:99.00%
Max supply:
--DAI
Price in BTC:0.{5}9321 BTC
Price in ETH:0.0004135 ETH
Price at BTC market cap:
$397.52
Price at ETH market cap:
$54.41
Contracts:
0xDA10...9000da1(Arbitrum)
Moremore
Links:

Live Dai Price Today in USD

The live Dai price today is $0.9999 USD, with a current market cap of $5.36B. The Dai price is up by 0.00% in the last 24 hours, and the 24-hour trading volume is $19.06B. The DAI/USD (Dai to USD) conversion rate is updated in real time.
How much is 1 Dai worth in ?
As of now, the Dai (DAI) price in is valued at $0.9999 USD. You can buy 1DAI for $0.9999 now, you can buy 10 DAI for $10 now. In the last 24 hours, the highest DAI to USD price is $1 USD, and the lowest DAI to USD price is $0.9996 USD.

Do you think the price of Dai will rise or fall today?

Total votes:
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Voting data updates every 24 hours. It reflects community predictions on Dai's price trend and should not be considered investment advice.

About Dai (DAI)

What Is MakerDAO Stablecoin?

MakerDAO Stablecoin (DAI) is a pivotal project within the world of Decentralized Finance (DeFi), having emerged in 2015 following the launch of Ethereum's first mainnet. The dedicated team of developers spent two years crafting the framework that allows for the creation of DAI Stablecoin. MakerDAO, the decentralized autonomous organization behind DAI, ensures its decentralized nature and impartiality.

Additionally, MakerDAO laid the groundwork for lending and borrowing activities on the Ethereum blockchain, with the primary goal of reducing reliance on financial intermediaries and facilitating access to loans.

Unlike USDT or USDC, DAI Stablecoin's value is pegged to the US Dollar at a 1:1 ratio without the need for physical reserves. MakerDAO enables borrowers to generate DAI by depositing collateral. The supported collaterals include Ethereum (ETH), Wrapped Bitcoin (WBTC), ETH-Staked ETH Liquidity Pair on Curve v1 (CRVV1ETHSTETH), Wrapped stETH (WSTETH), and over 10 other cryptocurrencies.

One remarkable aspect of DAI is its status as an algorithmic stablecoin. Its value remains consistently pegged to US$1.00 throughout its existence due to the clever smart contract design of MakerDAO. This design governs which collaterals are accepted, the corresponding collateral ratio, and the destruction of DAI when loans are repaid. As a result, MakerDAO retains control over the circulating supply of DAI and, consequently, its value.

A crucial aspect of DAI Stablecoin's design is overcollateralization. The requirement for collaterals to exceed the amount of DAI issued by more than 100% is essential to mitigate default risk for lenders. This approach directly addresses the volatility of cryptocurrency values, thereby maintaining the peg between DAI and USD and safeguarding the value of lenders' assets.

Resources

Whitepaper: https://makerdao.com/en/whitepaper

Official website: https://makerdao.com/en/

How does MakerDAO Stablecoin work?

Taking out a loan

To initiate the issuance of DAI Stablecoins, a borrower deposits collateral, resulting in the creation of new DAI. Upon returning the original amount of DAI, the borrower's collaterals are returned, and the returned DAI is destroyed to prevent an excessive number of circulating tokens. Due to potential arbitrage activities, the borrower might earn more DAI than the original amount, allowing them to keep the difference.

Liquidation

In cases where a borrower fails to repay the loan in DAI or the collateralization ratio falls below the required level, liquidation occurs. The overcollateralization rule mandates that the collateral-to-DAI ratio must always exceed 100%, for example, 175% for wBTC. This means that if a borrower deposits US$175 in Bitcoin, they'll receive a loan of US$100 in DAI, with the remaining US$75 reserved for the mentioned extreme scenarios. To safeguard the system from impaired loans, anyone can trigger the liquidation function on the contract and receive a percentage of the balance as a reward.

What Determines MakerDAO Stablecoin Price?

The Dai stablecoin, a crucial player in the decentralized finance (DeFi) ecosystem, derives its value from an intricate system that aims to keep the current Dai price in USD as stable as possible. Engineered by MakerDAO, this system of smart contracts on the Ethereum blockchain utilizes Collateralized Debt Positions (CDPs) to determine the Dai value. Users can lock up assets like ETH in these CDPs, which are over-collateralized, thereby ensuring the Dai USD price remains stable. For example, if you were to lock up $300 worth of ETH, you could borrow up to 66% of the collateral's value in Dai, maintaining a collateralization ratio of 150%. This over-collateralization plays a pivotal role in Dai price stability.

If you're ever asking, "What is the current price of Dai?" or "Is the price of Dai going up?", the answer can be found in its robust governance and technical architecture. Real-time Dai price is a complex outcome of smart contracts, governance by MKR token holders, and automated market mechanisms. All these factors contribute to making Dai one of the most reliable assets in the cryptocurrency landscape, often leading to discussions about Dai price prediction for 2023 and beyond. This makes it essential for anyone interested in stablecoins or Dai price analysis to understand the sophisticated systems at play.

Conclusion

In conclusion, MakerDAO Stablecoin (DAI) is a pivotal project in DeFi, offering a decentralized and stable solution pegged to the US Dollar. Its innovative algorithmic design and overcollateralization ensure stability and reliability, making it a driving force in the decentralized financial ecosystem.

It's important to note that like any other cryptocurrencies, MakerDAO Stablecoin carries its own risks and it's always wise to do your own research and exercise caution while investing.

AI analysis report on Dai

Today's crypto market highlightsView report
Today's Dai price performance summaryView report
Dai project analysis reportView report

Dai Price History (USD)

The price of Dai is -0.01% over the last year. The highest price of DAI in USD in the last year was $1.01 and the lowest price of DAI in USD in the last year was $0.9989.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+0.00%$0.9996$1
7d+0.01%$0.9996$1
30d+0.01%$0.9994$1
90d+0.00%$0.9993$1
1y-0.01%$0.9989$1.01
All-time+0.26%$0.8970(2023-03-11, 2 years ago )$3.67(2021-11-16, 3 years ago )
Dai price historical data (all time).

What is the highest price of Dai?

The DAI all-time high (ATH) USD was $3.67 , recorded on 2021-11-16. Compared to the Dai ATH, the Dai current price is down by 72.74%.

What is the lowest price of Dai?

The DAI all-time low (ATL) USD was $0.8970 , recorded on 2023-03-11. Compared to the Dai ATL, the Dai current price is up by 11.47%.

Dai Price Prediction

When is a good time to buy DAI? Should I buy or sell DAI now?

When deciding whether to buy or sell DAI, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget DAI technical analysis can provide you with a reference for trading.
According to the DAI 4h technical analysis, the trading signal is Strong sell.
According to the DAI 1d technical analysis, the trading signal is Strong sell.
According to the DAI 1w technical analysis, the trading signal is Sell.

What will the price of DAI be in 2026?

Based on DAI's historical price performance prediction model, the price of DAI is projected to reach $0.9460 in 2026.

What will the price of DAI be in 2031?

In 2031, the DAI price is expected to change by +14.00%. By the end of 2031, the DAI price is projected to reach $2.29, with a cumulative ROI of +129.39%.

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FAQ

What factors influence the price of Dai?

The price of Dai is primarily influenced by its peg to the US Dollar, demand and supply dynamics, the stability mechanisms of the MakerDAO system, and broader market conditions for cryptocurrencies.

Is Dai a good investment?

Dai is designed to maintain a stable value relative to the US Dollar, so it is not typically used for investment in terms of price appreciation. However, it can be a useful tool for earning interest in decentralized finance (DeFi) platforms or as a stable store of value.

How does the Dai stablecoin maintain its peg to the US Dollar?

Dai maintains its peg through a system of collateralized debt positions and smart contracts on the Ethereum blockchain, managed by the MakerDAO protocol. Users lock up collateral, such as Ethereum, to generate Dai, maintaining stability through over-collateralization and incentive mechanisms.

What are the risks associated with holding Dai?

Risks include smart contract vulnerabilities, regulatory changes, fluctuations in the underlying collateral value, and potential issues in maintaining the peg during extreme market conditions.

Where can I trade Dai?

You can trade Dai on various cryptocurrency exchanges, including Bitget Exchange, which offers multiple trading pairs and robust security features.

How popular is Dai compared to other stablecoins?

Dai is one of the most popular decentralized stablecoins, widely used in the DeFi space. It competes with other stablecoins like USDT and USDC, which are more centralized.

What is the difference between Dai and other stablecoins like USDT?

Dai is a decentralized stablecoin maintained by the MakerDAO platform, backed by crypto collateral. In contrast, USDT is a centralized stablecoin backed by fiat reserves held by Tether Limited.

Can Dai lose its peg to the US Dollar?

While Dai is designed to maintain its peg to the dollar, extreme market conditions or systemic issues could cause short-term deviations. The MakerDAO system has mechanisms to restore the peg when such deviations occur.

How can I earn interest on Dai?

You can earn interest on Dai through various DeFi platforms by lending it out or providing liquidity, often at higher rates than traditional banking. Platforms like Aave, Compound, or Bitget Exchange offer such opportunities.

What is the future outlook for Dai regarding market adoption?

The future outlook for Dai appears positive as the demand for decentralized financial instruments grows. It plays a critical role in DeFi, and continued adoption depends on the expansion of the DeFi ecosystem and user trust in decentralized solutions.

What is DAI?

DAI is a stablecoin created by MakerDAO. Unlike centralized stablecoins which are backed by fiat currency in a bank account, DAI is over-collateralized by digital assets (e.g., Ethereum) that are locked in a decentralized smart contract system on the Ethereum blockchain.

What is stablecoin?

A stablecoin is a cryptocurrency designed to maintain a consistent value, unlike highly volatile cryptocurrencies like Bitcoin or Ethereum. It's usually tied to a reserve, such as the US dollar, gold, or other assets. The main goal of stablecoins is to blend the advantages of cryptocurrencies, like fast transactions and security, with the stable value of traditional currencies. As a result, they're ideal for daily transactions.

How does DAI maintain its peg to the US dollar?

DAI maintains its peg through a system of Collateralized Debt Positions (CDPs). Users can lock up their assets (like Ethereum) as collateral to generate DAI. If the value of the collateral falls, the system can automatically liquidate (sell off) a portion to ensure DAI remains fully backed. There's also a mechanism where if DAI moves off its peg, the interest rate (called the Stability Fee) for borrowing DAI can be adjusted to incentivize or disincentivize its creation, pushing its price back toward $1.

How is DAI Stablecoin backed?

DAI is backed by a variety of cryptocurrency collaterals. MakerDAO allows borrowers to create DAI by depositing collateral. The types of collateral supported include Ethereum (ETH), Wrapped Bitcoin (WBTC), ETH-Staked ETH Liquidity Pair on Curve v1 (CRVV1ETHSTETH), Wrapped stETH (WSTETH), and over 10 other cryptocurrencies.

How does overcollateralization work in DAI's design?

Overcollateralization ensures that the value of collateral deposited is always more than the amount of DAI issued. For instance, with a 175% collateralization for wBTC, if you deposit US$175 in Bitcoin, you'd receive a loan of US$100 in DAI. This mechanism targets cryptocurrency volatility, maintaining the peg between DAI and USD and safeguarding lenders' assets.

Is DAI a safe investment?

DAI's smart contract has undergone multiple audits, and the system has safeguards like over-collateralization to protect its stability. However, like all crypto projects, there are inherent risks, such as smart contract vulnerabilities or extreme market conditions that could potentially affect the system. Users should always do their own research and perhaps consult financial professionals before making decisions.

What is the current price of Dai?

The live price of Dai is $1 per (DAI/USD) with a current market cap of $5,364,687,927.11 USD. Dai's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Dai's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Dai?

Over the last 24 hours, the trading volume of Dai is $19.06B.

What is the all-time high of Dai?

The all-time high of Dai is $3.67. This all-time high is highest price for Dai since it was launched.

Can I buy Dai on Bitget?

Yes, Dai is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

Can I get a steady income from investing in Dai?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Dai with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Dai Market

  • #
  • Pair
  • Type
  • Price
  • 24h volume
  • Action
  • 1
  • DAI/USDT
  • Spot
  • 0.9994
  • $656.83K
  • Trade
  • 2
  • DAI/USDC
  • Spot
  • 0.9997
  • $126.82K
  • Trade
  • Dai Holdings

    Dai holdings distribution matrix

  • Balance (DAI)
  • Addresses
  • % Addresses (Total)
  • Amount (DAI|USD)
  • % Coin (Total)
  • 0-100 DAI
  • 446.32K
  • 90.45%
  • 3.72M DAI
    $3.72M
  • 0.10%
  • 100-1000 DAI
  • 28.31K
  • 5.74%
  • 8.6M DAI
    $8.59M
  • 0.24%
  • 1000-10000 DAI
  • 10.56K
  • 2.14%
  • 36.97M DAI
    $36.96M
  • 1.01%
  • 10000-100000 DAI
  • 5.63K
  • 1.14%
  • 190.14M DAI
    $190.08M
  • 5.20%
  • 100000-1000000 DAI
  • 2.19K
  • 0.44%
  • 680.39M DAI
    $680.21M
  • 18.62%
  • 1000000-10000000 DAI
  • 434
  • 0.09%
  • 1.04B DAI
    $1.04B
  • 28.47%
  • 10000000-100000000 DAI
  • 34
  • 0.01%
  • 813.79M DAI
    $813.57M
  • 22.27%
  • 100000000-1000000000 DAI
  • 3
  • 0.00%
  • 880.54M DAI
    $880.3M
  • 24.09%
  • 1000000000-10000000000 DAI
  • 0
  • 0.00%
  • 0 DAI
    $0
  • 0.00%
  • >10000000000 DAI
  • 0
  • 0.00%
  • 0 DAI
    $0
  • 0.00%
  • Dai holdings by concentration

    Whales
    Investors
    Retail

    Dai addresses by time held

    Holders
    Cruisers
    Traders
    Live coinInfo.name (12) price chart
    loading

    Dai Social Data

    In the last 24 hours, the social media sentiment score for Dai was 4, and the social media sentiment towards Dai price trend was Bullish. The overall Dai social media score was 2,012, which ranks 152 among all cryptocurrencies.

    According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Dai being mentioned with a frequency ratio of 0.01%, ranking 227 among all cryptocurrencies.

    In the last 24 hours, there were a total of 63 unique users discussing Dai, with a total of Dai mentions of 108. However, compared to the previous 24-hour period, the number of unique users decrease by 7%, and the total number of mentions has decrease by 31%.

    On Twitter, there were a total of 3 tweets mentioning Dai in the last 24 hours. Among them, 100% are bullish on Dai, 0% are bearish on Dai, and 0% are neutral on Dai.

    On Reddit, there were 0 posts mentioning Dai in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 100% .

    All social overview

    Average sentiment (24h)
    4
    Social media score (24h)
    2.01K(#152)
    Social contributors (24h)
    63
    -7%
    Social media mentions (24h)
    108(#227)
    -31%
    Social media dominance (24h)
    0.01%
    X
    X posts (24h)
    3
    0%
    X sentiment (24h)
    Bullish
    100%
    Neutral
    0%
    Bearish
    0%
    Reddit
    Reddit score (24h)
    0
    Reddit posts (24h)
    0
    -100%
    Reddit comments (24h)
    0
    0%

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    Cryptocurrency investments, including buying Dai online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Dai, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Dai purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

    DAI/USD price calculator

    DAI
    USD
    1 DAI = 0.9999 USD. The current price of converting 1 Dai (DAI) to USD is 0.9999. Rate is for reference only. Updated just now.
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    DAI resources

    Tags

    Asset-Backed Stablecoin
    Moremore

    Dai ratings

    Average ratings from the community
    4.6
    100 ratings
    This content is for informational purposes only.

    Bitget Insights

    THEDEFIPLUG
    THEDEFIPLUG
    14h
    ● How bvUSD Works The core product is bvUSD, a BTC-collateralized stablecoin. It draws inspiration from the Liquity model (DAI-style vaults with automated liquidations), but introduces new elements optimized for institutional-grade security and DeFi-native yield.
    BTC+1.08%
    CORE+1.14%
    Crypto News Flash
    Crypto News Flash
    21h
    Although Web3 Is A New Industry, Experience Matters
    It seems unlikely that Satoshi Nakamoto would have envisioned that more than 562 million people in the world would own cryptocurrency by 2024, just 15 years after he or she invented Bitcoin. The growth of crypto has been so explosive that few people realize just how new the technology still is. Bitcoin was created in response to the 2008-09 global recession, when the value of many fiat currencies collapsed amid huge inflation. It was an alternative, decentralized currency that lived beyond the control of governments. The idea spread like wildfire, and today there are more than 15,000 cryptocurrencies, all of them serving different purposes. Some are meant to replace money, others are designed to solve the challenges of cross-border remittances, and yet more are focused on privacy. There are others still, including thousands of community-focused memecoins with no other purpose than fun and engagement. While many people in crypto are aiming to solve real problems in the world, the industry has also become notorious for scams, with thousands of so-called “projects” that exist simply to enrich their creators. So much so, that it has become one of the biggest challenges threatening the nascent Web3 industry. One of the most alluring aspects of Web3 is the promise of making people rich beyond their wildest dreams. Because Web3 is so intertwined with crypto, it’s possible for early investors to make a lot of money in a very short space of time, if they back the right projects. As a result, numerous scammers have emerged to try and take advantage of people’s desires to get rich, and the Web3 industry has become notorious for so-called “vaporware”. Vaporware is the name for Web3 protocols and dApps that offer solutions to exaggerated or non-existent problems, and they’re notorious for overpromising and underdelivering. While many have started out as genuine ideas that couldn’t be delivered on, others are outright scams from the beginning. One of the most notorious examples was a company called Centra Tech, which was co-founded by Sohrab Sharma, Robert Farkas and Ray Trapani in 2017, touting financial products such as the Centra Card, which was meant to provide a way for people to spend their crypto in the real world. The startup invented a “founder” called “Michael Edwards”, who supposedly held a degree from Harvard and had more than 20 years of experience in financial services. It also perpetuated lies that it had forged partnerships with entities such as Visa, MasterCard and Bancorp, and secured licenses to operate as a money transmitter in 38 U.S. states. But the entire thing was a lie, exposed after the project’s real creators tricked thousands of victims into investing millions of dollars into the non-existent venture. The short history of crypto is littered with examples of vaporware. See BitConnect, the fraudulent crypto investment firm that once achieved a market capitalization of more than $3.4 billion, despite not actually having any investments, and OneCoin, an imaginary cryptocurrency that didn’t even know how to build a blockchain. During the ICO boom of 2017-18, hundreds of projects raised substantial amounts of money from unsuspecting investors, based on nothing more than a worthless whitepaper and lofty promises. When it comes to avoiding vaporware, one of the most important things to remember is that experience matters. Experienced teams, with a verifiable track record in the Web3 industry, build solid projects that solve real-world problems, rather than making incredulous claims that promise to revolutionize the world. Although Web3 is still a new industry, numerous projects have managed to accumulate a massive amount of experience over that time. One of the oldest crypto companies around is ConsenSys , a major player in the Ethereum ecosystem, which was founded in 2014, a year before that network even went live. It’s focused on building developer tools and dApps such as the MetaMask wallet, and has been pivotal in helping to grow Ethereum’s developer community. In the world of NFTs, it’s hard to find a more reputable name than OpenSea . Founded in 2017, it was one of the earliest NFT marketplaces and has gone on to become one of the most successful, evolving into a platform for artists to bring their digital creations to life, expanding into blockchain gaming and more. The DeFi industry also has its fair share of experience. MakerDAO is one of the most popular DeFi protocols around and dates back to 2014, when it was formed by Rune Christensen. After three years in development, it launched its lending platform in 2017, enabling users to take out collateralized crypto loans using its stablecoin DAI. The platform operates without intermediaries, with smart contracts managing user’s collateral, liquidating unpaid loans and maintaining DAI’s peg to the U.S. dollar. Its founders are widely regarded as among the most experienced DeFi pioneers, and they continue to hold a lot of influence in the industry. New crypto projects often need a lot of assistance to bring their ideas to fruition, especially when it comes to successfully launching a new digital asset. To stand the best possible chance of success, many projects turn to so-called “market makers” that can help to facilitate the stable launch of their tokens and ensure their long term health. As with every other aspect of crypto, there are many dubious market maker projects around using very questionable practices to “pump” the value of new tokens, to the detriment of early investors. Legitimate crypto projects need to be careful to hire an ethical market maker that avoids such methods and simply ensure the market has enough liquidity for people to buy and sell its tokens fairly. Market making is still a fairly new concept, much like Web3 itself, but there are plenty of reputable firms around. One prime example is Kairon Labs , which was founded in 2019 and has already accumulated vast experience. Having helped to launch more than 400 tokens globally, while onboarding over 500 clients, it has a rich history of collaboration. Its team possesses decades of experience in leading traditional institutions, with expertise in asset trading, fintech, quantitative investing and financial markets. Kairon Labs’ founding team possesses the expertise required to offer ethical market-making services, tailored for each Web3 project. This kind of experience is essential, not only to create trust in your brand, but also for making timely and meaningful strategic decisions that can make or break a Web3 project. When it comes to market stability, the decision makers need the right kind of acumen that only comes from experience. The Web3 world is littered with tales of ingenious scams and lost fortunes, but such stories of heartbreak can easily be avoided through healthy due diligence. When it comes to success, reliability and legitimacy, the importance of experience cannot be understated. A proven track record is essential in any industry, but all the more so in one that’s as littered with vaporware as Web3 is. Experience plays a crucial role in making crypto projects more effective and efficient, building on their innate strengths to better serve their communities and clients. With any luck, as the Web3 industry grows and gains more experience, we’ll see a much larger proportion of legitimate projects and the days of broken promises will become a thing of the past.
    PRIME+6.78%
    PEOPLE-3.82%
    VirtualBacon
    VirtualBacon
    1d
    3/ 🔹 Stablecoins Aptos supports USDC, USDT, DAI, and USDe natively. They’ve also been selected as the blockchain for the US State-backed WYST stablecoin project. They're quietly becoming the most compliant & connected stablecoin chain.
    DAI0.00%
    USDC-0.01%
    _FortuneCrypto
    _FortuneCrypto
    2d
    ⚡ Top 10 Coins for Trading by Finarc ⚡ 1. #BULLA 2. #ROAM 3. #WOD 4. #SERAPH 5. RESOLV 6. HOME 7. DAI 8. GUSD 9. B2 10. OL
    DAI0.00%
    ROAM-4.90%
    _FortuneCrypto
    _FortuneCrypto
    3d
    ⚡ Top 10 Coins for Trading by Finarc ⚡ 1. #OL 2. #WOD 3. #ROAM 4. #SERAPH 5. BULLA 6. RESOLV 7. DAI 8. AERGO 9. B2 10. LAYER
    DAI0.00%
    LAYER-1.48%

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