Dai

Dollar StablecoinSky (formerly MakerDAO)Ethereum / Polygon / Fantom (+46)

YIELD

PRICE

vs SAVINGS

—

RISK

NOT RATED

PEERS

-1

VENUES

—

Peers · Dollar Stablecoin

TICKER	ISSUER	YIELD	vs SAV	RISK	MIN

Description

ISSUER DOCS

Dai (DAI) is a stablecoin tracking the US dollar, crypto-backed, paying no yield. Trading +0.03% against one USD. About $4.7bn in circulation, on 49 chains (Ethereum, Polygon, Fantom …).

Buying · Q&A

3 QUESTIONS

How do I buy DAI?+

On exchanges or on a DEX with a self-custody wallet (no KYC). DAI can also be generated without KYC by depositing collateral in the Sky protocol, or swapped 1:1 against USDC in its peg stability module. The token runs on Ethereum / Polygon / Fantom (+46).

Do I need KYC to buy DAI?+

Not on the secondary market: DAI can be bought on a DEX without identity verification.

Can I buy DAI in the EU?+

Not reliably. DAI has no central issuer that could be authorised under MiCA, and many EU-regulated platforms have stopped offering it. You can still swap into it on a DEX from your own wallet. Issued by the Sky protocol with no central issuer to authorise; major EU platforms delisted it alongside USDT.

Where to trade

SECONDARY MARKET

No market data for DAI yet — buy through the issuer below.

Issuer · primary market

SUBSCRIBE / REDEEM

Sky (formerly MakerDAO)

MIN

—

KYC

To buy on a market: no KYC. To mint with the issuer: no KYC.

CUSTODY

—

Who may buy is set by the issuer — check their terms. Not investment advice.

Key facts

VERIFIED 2026-10-11

Yield / return: No yield
Risk: Not rated (imported)
Minimum: —
Liquidity: Traded on public markets — venues not verified
KYC: To buy on a market: no KYC. To mint with the issuer: no KYC.
Verified: 2026-10-11

Details

Issuer: Sky (formerly MakerDAO)
Type: Dollar Stablecoin
Category: Payment Stablecoins
Network: Ethereum / Polygon / Fantom (+46)
Jurisdiction: United States
AUM: $4,742,901,604 circulating
EU (MiCA): No issuer to authorise

Questions

ANSWERS

Dai