Savings Dai (sDAI) represents Dai in MakerDAO's DSR, accumulating value and instantly redeemable for Dai.
Loading chart...
No upcoming events planned
Savings Dai (sDAI) represents Dai deposited in MakerDAO's Dai Savings Rate (DSR). It allows users to earn interest on their Dai while retaining the flexibility to transfer, stake, lend, or use it as desired. sDAI's value grows with the DSR, increasing its Dai equivalent over time. It's an accumulating token, meaning its value increases, rather than its quantity. Each sDAI is interchangeable and can always be redeemed for Dai.
As of now, Savings Dai is trading at 1.151829 USD, with a 24-hour trading volume of approximately 0 USD. The SDAI to USD price is updated in real time. Over the past 24 hours, Savings Dai has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 0 USD. Currently, there are 0 SDAI in circulation out of a maximum supply of 478 632 848 SDAI.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
RESOURCES
Community
Support
© 2023 CMC.IO. All rights reserved