MakerDAO Arbitrum Bridged DAI (Arbitrum One)Price(DAI)
Details MakerDAO Arbitrum Bridged DAI (Arbitrum One) (DAI) Price information (USD)
The current real-time price of DAI is $1. In the past 24 hours, DAI has traded between $0.9945 and $1.004, showing strong market activity. The all-time high of DAI is $1.041, and the all-time low is $0.9461.
From a short-term perspective, the price change of DAI over the past 1 hour is
MakerDAO Arbitrum Bridged DAI (Arbitrum One) (DAI) Market Information
MakerDAO Arbitrum Bridged DAI (Arbitrum One) (DAI) Today's Price
The live price of DAI today is $1, with a current market cap of $20.947M. The 24-hour trading volume is 1M. The price of DAI to USD is updated in real time.
MakerDAO Arbitrum Bridged DAI (Arbitrum One) (DAI) Price History (USD)
What is MAKERDAO ARBITRUM BRIDGED DAI (ARBITRUM ONE) (DAI)?
When is the right time to buy DAI? Should I buy or sell DAI now?
Before deciding whether to buy or sell DAI, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s DAI technical analysis can provide you with trading references.
Future price trend of DAI
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for DAI.
How much will DAI be worth tomorrow, next week, or next month in ? What about your DAI assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! DAI Price Prediction
How to buy MAKERDAO ARBITRUM BRIDGED DAI (ARBITRUM ONE) (DAI)
Convert DAI to local currency
DAI Resources
To learn more about DAI, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
arbitrum-one | 0x82e6...2312ee  | 1.742M | 8.35% |
arbitrum-one | 0xd85e...b9b91b | 937.485K | 4.49% |
arbitrum-one | 0xaf25...f3631b | 855.308K | 4.1% |
arbitrum-one | 0xc299...cfcd9d | 509.096K | 2.44% |
arbitrum-one | 0x79cc...713e63 | 487.606K | 2.34% |
Other | 16.347M | 78.29% |
Hot Events
MAKERDAO ARBITRUM BRIDGED DAI (ARBITRUM ONE) (DAI) FAQ
Is "MakerDAO Arbitrum Bridged DAI (Arbitrum One)" considered "real" DAI?
Yes, this is the official version of DAI on Arbitrum One, fully governed by MakerDAO. Despite its descriptive name often seen on platforms providing token information, it maintains a 1:1 peg with the original DAI on Ethereum Layer 1, making it a legitimate and equivalent representation of the stablecoin within the Arbitrum ecosystem.
Is it safe to hold this DAI after the reported "Deployer Wallet" compromise in July 2024?
Yes, it is confirmed safe to hold. In July 2024, the wallet that initially deployed DAI contracts on some Layer 2 networks was compromised. However, security researchers and MakerDAO have explicitly stated that DAI on Arbitrum and Optimism remains secure. The compromise affected only the deployer's keys, not the actual token contracts or the funds held within the bridge escrow, which are unaffected and secure.
What happens to Arbitrum Bridged DAI if the underlying Arbitrum bridge is hacked or compromised?
The value of Arbitrum Bridged DAI relies on the L1 DAI locked in the MakerDAO bridge escrow. If this escrow were compromised and drained, the Layer 2 DAI would become unbacked. To mitigate this critical risk, MakerDAO employs a custom bridge design that incorporates governance mechanisms, allowing for emergency shutdown or upgrade of the bridge, providing an extra layer of security and control in such scenarios.
Why does it typically take 7 days to withdraw Arbitrum Bridged DAI back to Ethereum Layer 1?
When using the official Arbitrum bridge to move DAI back to Ethereum, a mandatory 7-day challenge period is imposed. This delay is an inherent feature of Arbitrum's "Optimistic Rollup" architecture, which requires this period for potential fraud proofs to be submitted and verified. This mechanism ensures the security and integrity of transactions between the Layer 2 network and the Ethereum mainnet.
Can I earn the Dai Savings Rate (DSR) directly on Arbitrum with this bridged DAI?
The native Dai Savings Rate (DSR) is primarily available on Ethereum Layer 1. However, users on Arbitrum can access yield-bearing versions of DAI. While sDAI (Savings DAI) is native to L1, you can often find its bridged version or utilize various decentralized lending protocols available on Arbitrum, which facilitate lending and borrowing, to earn comparable yields on your DAI holdings within the ecosystem.
What are the main use cases for MakerDAO Arbitrum Bridged DAI within the Arbitrum ecosystem?
DAI on Arbitrum is a highly liquid stablecoin with diverse applications within the ecosystem. It is widely used for lending and borrowing on various decentralized lending protocols, allowing users to earn interest or take out loans. It is also actively traded on decentralized trading platforms and frequently utilized in yield farming by providing liquidity to various pools, such as those pairing DAI with other stablecoins or Ether.
