Buy DAI.

Purchase DAI in a few taps. Buy with a credit, debit card or bank transfer.

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DAI (DAI) price performance.

The current DAI price is $1.00 as in the last 24 hours its value has changed by -0.01%. DAI ranks number 41 in terms of market capitalization. DAI is a decentralized currency, which means you can buy, sell, and exchange it without having to rely on traditional monetary systems.

What is Dai (DAI)?

Dai (DAI) is a decentralized, collateral-backed stablecoin designed to maintain a 1:1 peg with the U.S. dollar. Unlike centralized stablecoins that rely on fiat reserves held by custodians, Dai is generated through smart contracts on the Ethereum blockchain. This model offers greater transparency and resilience by removing the need for traditional intermediaries.

Dai is issued by the Maker Protocol and governed by MakerDAO, a decentralized autonomous organization composed of MKR token holders. Users generate Dai by locking up collateral assets such as ETH, WBTC, or other approved tokens in Maker Vaults. These positions ensure that every DAI in circulation is fully backed by overcollateralized assets, maintaining the stablecoin’s value regardless of market volatility.

What sets Dai apart is its decentralized nature. It operates entirely on-chain, with governance decisions — such as collateral types, risk parameters, and system upgrades — voted on by the MakerDAO community. 

Dai is priced to mirror the U.S. dollar and trades close to $1.00. The current market capitalization is $3,732,568,795.00. DAI reached its all-time high of $1.22 on March 13, 2020. There are 3,733,590,359.72 DAI tokens in circulation, from a total supply of 3,733,590,359.72, with a maximum supply of .

You can buy Dai using your credit or debit card directly on Nexo, or explore additional payment options for access. Proceed to the Nexo Exchange to buy DAI.

Optimize the value of your DAI.

Exchange

Swap assets for DAI with fixed price execution on Nexo’s crypto exchange.

Credit Line

Borrow funds from 2.9% interest without selling any of your DAI.

Nexo Card

Spend your funds on Credit and Debit Mode from a single card and earn interest on your spendable balance.

Send DAI

Make free DAI transfers to your family or friends as long as they have a Nexo account.

Purchase DAI in 3 steps.

After verifying your account:

1. Select an asset

Click on the “Buy” button on your Dashboard and select the desired asset.

2. Enter an amount

Select the amount you want to buy and choose your payment method.

3. Complete the purchase

Preview your transaction details, and confirm the purchase. It's that easy!
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Why choose Nexo to buy DAI?

Buy seamlessly

Purchase DAI with card or bank transfer and get crypto cashback.

Optimal pricing

Get competitive rates across top 10 exchanges.

Peace of mind

Benefit from robust infrastructure built for long-term stability.

Earn Interest

Hit your long-term targets with up to 14% interest, while maintaining the value of your assets through consistent, compounding returns.

Find answers to all your questions about DAI.

What is Dai crypto?

Dai (DAI) is a decentralized stablecoin designed to maintain a value close to 1 US dollar. It’s issued by the MakerDAO protocol and is backed by overcollateralized crypto assets rather than fiat reserves. Unlike centralized stablecoins, Dai operates entirely on-chain and is governed by a decentralized community.

How does Dai coin work?

Dai is created when users lock up collateral in smart contracts on the MakerDAO platform. The system automatically adjusts collateral requirements to help Dai stay near its target value of $1. It runs entirely on the Ethereum blockchain and uses decentralized governance to update risk parameters and maintain system stability.

How to buy Dai?

To buy DAI on Nexo:

  1. Log in to your Nexo account
  2. Visit the Dai page
  3. Choose your payment method
  4. Enter the amount and complete the purchase

DAI can be purchased using crypto, a card, or a bank transfer, depending on what’s available in your region.

How to mine Dai coin?

Dai cannot be mined. It’s generated through smart contracts when users deposit collateral on the MakerDAO protocol. This mint-and-burn mechanism replaces traditional mining and keeps the supply aligned with demand.

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