S

Sai PriceSAI

This cryptocurrency is not listed for trading or services on Gate.

About Sai (SAI)

Contract

0

0x89d24a6...a23260359

Explorers

Website

makerdao.com

Community

Dai is a stablecoin. It is an Ethereum ERC20 token that is pegged to $1 USD — every Dai is worth $1, and will always be worth $1, regardless of how much Dai is in existence. There is no centralized authority like Tether that backs its value, and no traditional bank that backs each Dai with a real US dollar. There is nothing that can be shut down, and no centralized authority that needs to be trusted. Dai lives entirely within the Ethereum blockchain using smart contracts. *Features of Dai: 1. Dai is always worth $1 USD each 2. It can be freely traded like any other ERC20 token 3. Anyone with an Ethereum wallet can own, accept, and transfer it 4. It can be exchanged without any middleman 5. No individual person or company has control over it 6. No government or authority can shut it down *How Dai Works? Dai is a masterpiece of game theory that carefully balances economic incentives in the pursuit of one goal — a token that is continuously approaching the value of $1 USD. When Dai is worth above $1, mechanisms work to decrease the price. When Dai is worth below $1, mechanisms work to increase the price. The rational actors that take part in these mechanisms do so because they earn money anytime Dai is not perfectly worth $1. This is why Dai is always floating slightly above or below $1 — it is an endless wave function bouncing infinitely close to $1, but never quite achieving it. The farther Dai goes from $1, the more incentive there is to fix it. This is the magic of Dai. *How is Dai Created? Dai is simply a loan against Ethereum. By using the MakerDAO dApp, advanced users can take loans out in Dai against their ETH holdings. First, ETH is turned into “wrapped ETH” (WETH), which is simply an ERC20 wrapping around ETH. This “tokenizes” ETH so it can be used like any other ERC20 token. Next, WETH is turned into “pooled ETH” (PETH), which means it joins a large pool of Ethereum that is the collateral for all Dai created. Once you have PETH, you ca

Sai (SAI) Price Trends

24H High$0.01315
24H Low$0.0123
24H Volume$125.83K
Market Cap
$25.33M
All-Time High(ATH)$25.31
Circulating Supply
2.68M SAI
All-Time Low(ATL)$0.9268
Total Supply
2.68M SAI
Market Cap/FDV
100%
Max Supply
2.68M SAI
Fully Diluted Valuation
$25.33M
Market SentimentPositive

Live Sai (SAI) Price Update

Sai price today is $0.01241 with a 24-hour trading volume of $125.83K, and as such Sai has a market cap of $25.33M, giving it a market dominance of 0.00082%. The Sai price moved -1.74% in the last 24 hours.

Time period
Change amount
% Change
1H-$0.0006608-0.007%
24H-$0.05793-0.61%
7D+$0.9925+11.75%
30D-$0.6443-6.39%
1Y-$6.33-40.14%

Popular SAI Exchanges

News

Fund Flow

Small Orders

Inflow ($)

40.78K

Outflow ($)

8.72K

Medium Orders

Inflow ($)

--

Outflow ($)

--

Large Orders

Inflow ($)

--

Outflow ($)

--

Holding Distribution

Top 5 AddressHolding QtyHolding (%)
0x9a18...a6600a
569.25M56.92%
0x648b...657a19
114.52M11.45%
0x3cc9...aecf18
63.84M6.38%
0x0d07...b492fe
32.85M3.28%
0xec0f...cb6cba
31.11M3.11%
Others
188.39M18.86%

FAQ

What determines the price movement of Sai (SAI)?

What is the highest price of Sai price in history?

What is the lowest price of Sai price in history?

What is the current market cap of Sai?

How many Sai are there in the market?

What is the maximum supply of Sai?

What is the fully diluted market cap (or FDV) of Sai?

What is the price prediction of Sai ?

Is Sai a good investment?

How to buy Sai?

It seems that you are attempting to access our services from a Restricted Location where Gate.io is unable to provide services. We apologize for any inconvenience this may cause. Currently, the Restricted Locations include but not limited to: the United States of America, Canada, Cambodia, Cuba, Iran, North Korea and so on. For more information regarding the Restricted Locations, please refer to the User Agreement. Should you have any other questions, please contact our Customer Support Team.