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Dai Stablecoin (DAI) API and Price Oracle

Dai Stablecoin API Logo

Dai Stablecoin

DAI
$ 
Information
For informational use only; request a custom oracle/API for production below.

General information

Contract address
Smart contract address of the asset
More info
0x6b17...1d0f
Network
Blockchain network where the asset is deployed
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ethereum
Methodology
Pricing methodology used to determine the price of the token in USD. By default, all price feeds on the DIA App are calculated with a MAIR methodology. This parameter is customisable.Learn more about methodologies.
More info
MAIR
Update frequency
120 seconds is the default update frequency. This parameter is customisable.Learn more about oracle updates.
More info
120s
Next update
24h Volume
The total volume captured by DIA across all the integrated sources.
More info
Source
Volume 24h
Trades 24h
Pairs

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Token information

What is Dai Stablecoin (DAI)?

Dai (DAI) is a decentralized stablecoin designed to maintain a value of approximately one US dollar. It runs on Ethereum and multiple other blockchains via bridging and layer-2 solutions. DAI is minted through the MakerDAO protocol by depositing cryptocurrency collateral into smart contracts. Launched in 2014, it represents one of the earliest algorithmic stablecoins and is governed by MKR token holders through the Maker decentralized autonomous organization.

The Dai Stablecoin price API is an endpoint that returns real-time price data for DAI, the decentralized stablecoin backed by collateral on MakerDAO. The API aggregates individual trade data from on-chain and off-chain sources across 100+ exchanges to calculate DAI's current market price.

Developers integrate this API into applications to display current DAI valuations, power trading logic, enable collateral calculations, or trigger smart contract functions based on price movements. A developer would query the endpoint, receive the latest price feed, and use that data within their application's pricing engine or user interface.

DIA provides a free price API endpoint on this page for testing and evaluation only. For production deployments or custom requirements, DIA builds dedicated Dai Stablecoin feeds configurable by data sources, pricing methodology, and update frequency, requested via DIA's Discord or Telegram.

DIA publishes a free Dai Stablecoin price API endpoint on this asset page. Developers can access it to test and evaluate Dai price data without cost. The free endpoint is designed for testing and evaluation purposes only, not for production environments.

For production deployments or customized Dai feeds, DIA builds dedicated price oracles configured by data sources, pricing methodology, and update frequency. Production requirements or custom specifications can be requested via DIA's Discord or Telegram channels.

A blockchain price oracle is an external information provider that supplies verified price data from off-chain sources to smart contracts operating on a blockchain. These oracles bridge the gap between decentralized applications and real-world market data, enabling contracts to access trustworthy pricing information.

DIA can deploy a Dai Stablecoin price oracle on any of its 60+ supported blockchains. The oracle delivers on-chain DAI price feeds that smart contracts can consume directly. DIA's oracle infrastructure runs on Lasernet, DIA's Ethereum layer-2 rollup, which allows each feed to be independently verifiable by users and applications.

DIA offers a free API endpoint for testing. For production deployments or custom requirements, DIA builds dedicated price feeds configurable by data sources, pricing methodology, and update frequency. These are requested via DIA's Discord or Telegram channels.

DIA calculates Dai Stablecoin price by aggregating individual trade data for DAI across more than 100 exchanges, combining both on-chain and off-chain sources. Rather than relying on a single exchange or liquidity pool, this approach draws price signals from multiple venues to construct a market-wide representation.

The data sources and pricing methodology used in DIA's Dai feed are transparent and publicly documented. For production deployments, the methodology is also configurable: applications can specify which exchanges to include, adjust weighting schemes, or modify update frequency to match their requirements.

Custom feed specifications are handled directly by DIA through community channels on Discord or Telegram, allowing teams to tailor the oracle to their specific use case.

Dai is a decentralized stablecoin backed by crypto collateral on the Ethereum blockchain, used primarily for lending, trading, and settlement across DeFi protocols. Developers can build applications that consume Dai price feeds for several concrete use cases:

Lending markets use Dai price data to calculate collateralization ratios and liquidation thresholds, ensuring borrowed amounts remain solvent against posted collateral.

Stablecoin arbitrage systems monitor Dai's price across multiple DEXs and CEXs, executing trades when Dai drifts from its $1 peg to capture spread opportunities.

Cross-chain settlement protocols reference Dai pricing to determine equivalent value when bridging assets or executing payments across different blockchains.

DIA provides transparent sourcing for Dai Stablecoin price data by aggregating individual trade data across 100+ exchanges. Developers can inspect which sources feed into each price and how the methodology weights them, reducing reliance on proprietary black-box feeds.

Custom feeds are tailored to specific requirements: data sources can be selected or excluded, pricing methodology adjusted, and update frequency configured to match application needs. This flexibility matters for stablecoin integrations where consistency and latency requirements vary.

DIA deploys across 60+ blockchains, so a Dai Stablecoin feed can follow the asset wherever it is used. Each feed is independently verifiable through Lasernet, DIA's Ethereum layer-2 rollup, allowing consumers to audit the data path.

Developers can test the free API endpoint on this page, then request a production Dai Stablecoin feed via DIA's Discord or Telegram.

Why use DIA data feeds and oracles?

Transparent

DIA provides full insight on the oracle’s data journey as well monitoring tools to track feeds in real-time.

Customisable

Oracles can be tailored to any use case in terms of data sources, methodologies and update mechanisms and much more.

Broadest coverage

DIA provides price oracles for 3,000+ cryptocurrencies: from blue-chip tokens to long-tail assets.