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SAI
Sai

0
Mkt Cap
$44.68M
24H Volume
$42.89
FDV
$44.68M
Circ Supply
2.67M
Total Supply
2.67M
SAI Fundamentals
Max Supply
2.67M
7D High
$16.93
7D Low
$14.43
24H High
$16.93
24H Low
$15.99
All-Time High
$25.84
All-Time Low
$0.9269
SAI Prices
SAI / USD
$16.74
SAI / EUR
€14.33
SAI / GBP
£12.53
SAI / CAD
CA$23.36
SAI / AUD
A$25.30
SAI / INR
₹1,505.69
SAI / NGN
NGN 24,203.00
SAI / NZD
NZ$28.97
SAI / PHP
₱987.24
SAI / SGD
SGD 21.68
SAI / ZAR
ZAR 284.99
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press releases
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CoinRank AMA: On-Chain Data Infra Value Discovery
A deep dive into how onchain data is transforming from hidden infrastructure to user-owned digital assets, featuring insights from Credit Link, WebKey, HashWhale, 21DAO, Dipcoin, and MIRO Pay. This AMA explores the future of identity, credit, interoperability, and the next breakt...
CoinRank·3d ago
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Tether Launches Global Synthetic AI Dataset for STEM
Tether's QVAC Genesis releases the largest open AI dataset for STEM fields. Read original article on aicryptocore.com
AI Crypto Core·1mo ago
News Placeholder
Tether Launches World's Largest Synthetic AI Dataset
Tether introduces a 41 billion token AI dataset to decentralize STEM intelligence. Read original article on theccpress.com
TheCCPress·1mo ago
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Founder of the defunct AEX exchange released on bail in Thailand
Huang Tianwei, the founder of AEX (formerly Bit Era), was released on bail to his family in Thailand. AEX offered services to long-term cryptocurrency users.
Cryptopolitan·5mo ago

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AboutDai 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 can create a “collateralized debt position” (CDP), which locks up your PETH and allows you to draw Dai against your collateral, which is PETH. As you draw out Dai, the ratio of debt in the CDP increases. There is a debt limit that sets a maximum amount of Dai you can draw against your CDP. Once you have Dai, you can spend or trade it freely like any other ERC20 token. *There are several important reasons why you would create Dai, despite the hassle: 1. You need a loan, and have an asset (ETH) to use as collateral for your loan 2. You believe ETH is going up in value. You can use your CDP to buy ETH on margin — you lock up your ETH in a CDP, draw Dai against it, use the Dai to buy more ETH on an exchange, and then use that ETH to further increase the size of your CDP. This can be accomplished without any third-party or centralized authority allowing you to do so — margin trading can be accomplished entirely on the blockchain. 3. The demand for Dai has driven the price above $1 USD. When this occurs, you can create Dai then immediately sell it on an exchange for greater than $1 USD. This is essentially free money, and is one of the mechanisms the Maker system uses to keep Dai pegged to $1 USD. Dai being worth over $1 USD encourages more Dai to be created. These three reasons are enough to ensure that Dai is continually created.
Details
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Source
Categories
Decentralized Finance (DeFi)Ethereum Ecosystem
Date
Market Cap
Volume
Close
December 04, 2025
$44.68M
$42.89
---
December 04, 2025
$44.77M
$49.69
---
December 03, 2025
$42.03M
$7.66
$15.74
December 02, 2025
$39.32M
$61.03
$14.70
December 01, 2025
$41.94M
$37.22
$15.69
November 30, 2025
$41.93M
$8.79
$15.70
November 29, 2025
$42.86M
$2.34
$16.05
November 28, 2025
$42.25M
$36.49
$15.83
November 27, 2025
$42.46M
$37.53
$15.90
November 26, 2025
$41.44M
$2,087.78
$15.49

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