Dai (DAI) remains one of the most trusted and widely used decentralized stablecoins in the cryptocurrency ecosystem. As of mid-2025, its value in Indian Rupees (INR) continues to reflect stability, making it a preferred choice for traders, investors, and users seeking low-volatility digital assets. This article provides a comprehensive overview of the current DAI price in India, recent market trends, supply metrics, and historical performance — all tailored to meet the informational needs of Indian crypto enthusiasts.
Whether you're monitoring DAI for trading, remittances, or DeFi participation, understanding its real-time valuation and underlying fundamentals is crucial.
Current Dai (DAI) Price in INR – June 2025 Snapshot
As of June 12, 2025, at 11:58 PM IST, the price of 1 Dai (DAI) in India stands at:
₹85.68
This reflects a +0.28% change over the past 24 hours, indicating minor upward momentum without significant volatility — consistent with DAI’s design as a pegged cryptocurrency to the US dollar.
Key 24-Hour Market Metrics
- 24h Low – High Range: ₹85.39 – ₹85.72
- Price Change (24h): +₹0.2389
- Market Cap Change (24h): +₹12,44,44,197
- Market Cap Change (%): +0.04%
- Trading Volume (24h): ₹11,67,87,44,092
- Market Capitalization: ₹3,13,48,30,30,088
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These figures highlight strong liquidity and consistent demand for DAI across Indian exchanges and peer-to-peer platforms.
Understanding DAI: A Decentralized Stablecoin
Dai is an Ethereum-based stablecoin developed by the MakerDAO protocol. Unlike centralized stablecoins backed by traditional reserves, DAI maintains its peg through over-collateralized crypto assets locked in smart contracts. This decentralized mechanism allows users to borrow DAI by depositing collateral like ETH or other approved tokens.
Because it operates without central intermediaries, DAI offers transparency, censorship resistance, and global accessibility — key advantages for users in emerging markets like India.
Supply Overview: Circulating vs Total Supply
Understanding supply metrics helps assess scarcity, usage patterns, and long-term viability.
| Metric | Value |
|---|---|
| Circulating Supply | 3,65,90,17,663.06 DAI |
| Total Supply | 3,64,40,67,296.46 DAI |
| Max Supply | No hard cap |
| Fully Diluted Market Cap | ₹3,12,20,21,70,946 |
Note: The slight discrepancy between circulating and total supply may result from rounding errors or network-level adjustments such as staking rewards or protocol burns.
Unlike Bitcoin or Litecoin, DAI does not have a maximum supply limit. Instead, new DAI tokens are minted when users generate debt against collateral in the Maker system and burned when debt is repaid. This dynamic supply model ensures that DAI issuance aligns with actual demand.
Historical Price Trends (June 5–12, 2025)
Over the past week, DAI has maintained remarkable price stability against the INR, fluctuating within a narrow band around ₹85.50–₹85.90.
| Date | Price (INR) | Trading Volume (INR) | Market Cap (INR) |
|---|---|---|---|
| June 11 | ₹85.44 | ₹8,85,96,75,927 | ₹3,13,35,85,85,890 |
| June 10 | ₹85.58 | ₹9,98,53,85,631 | ₹3,11,61,37,02,027 |
| June 9 | ₹85.72 | ₹6,35,04,77,617 | ₹3,08,08,28,97,976 |
| June 8 | ₹85.76 | ₹3,96,32,91,978 | ₹3,07,57,26,44,836 |
| June 7 | ₹85.77 | ₹4,44,81,18,822 | ₹3,05,67,04,82,121 |
| June 6 | ₹85.78 | ₹6,32,47,83,195 | ₹3,07,44,52,48,906 |
| June 5 | ₹85.90 | ₹10,71,86,18,378 | ₹3,03,53,52,42,630 |
Despite minor fluctuations due to exchange-specific arbitrage or regional demand shifts, DAI’s peg to $1 (≈₹83–₹86 range in 2025) remains robust.
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Why DAI Matters for Indian Crypto Users
India’s digital asset landscape has evolved rapidly since 2020. With increasing regulatory clarity and growing interest in decentralized finance (DeFi), stablecoins like DAI play a pivotal role:
- Hedging Against INR Volatility: Traders use DAI to preserve value during periods of rupee depreciation or market uncertainty.
- Access to Global DeFi Platforms: Indian users leverage DAI to participate in lending protocols like Aave or Uniswap pools without relying on traditional banking channels.
- Cross-Border Transactions: Freelancers and remote workers receive payments in DAI to avoid high remittance fees.
- Yield Generation: Users deposit DAI into yield-bearing protocols to earn passive income in a relatively safe manner.
As financial sovereignty becomes more important globally, DAI empowers individuals with borderless money.
Frequently Asked Questions (FAQ)
Q: Is Dai (DAI) truly pegged to the US dollar?
Yes. DAI is designed to maintain a 1:1 peg with the US dollar through algorithmic and collateral-backed mechanisms managed by MakerDAO. While minor deviations occur due to market forces (e.g., ₹85.39–₹85.72), the system actively corrects imbalances using incentives for arbitrageurs.
Q: Can I buy DAI directly with INR in India?
Absolutely. Several regulated Indian crypto exchanges allow direct INR-to-DAI purchases. Additionally, peer-to-peer (P2P) platforms enable instant trades using UPI or bank transfers.
Q: How is DAI different from USDT or USDC?
While all three are stablecoins pegged to the USD:
- USDT and USDC are centrally issued and rely on fiat reserves.
- DAI is decentralized and backed by crypto collateral.
This makes DAI more transparent but slightly more complex to stabilize under extreme market conditions.
Q: Is DAI safe for long-term holding?
DAI is considered highly secure due to its open-source codebase and audited smart contracts. However, risks include smart contract vulnerabilities and potential de-peg events during black swan market crashes — though recovery mechanisms are robust.
Q: Does DAI pay interest?
Not inherently. However, when deposited into DeFi protocols such as Compound or Curve Finance, DAI can generate yield through lending or liquidity provision.
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Final Thoughts: The Future of DAI in India
As India embraces blockchain innovation and digital currency adoption grows — both in retail and institutional sectors — stablecoins like Dai (DAI) will continue gaining traction. Its decentralized nature aligns well with the ethos of financial inclusion and autonomy that resonates with tech-savvy Indian users.
With strong fundamentals, consistent trading volume exceeding ₹11 billion daily in India alone, and integration into major DeFi ecosystems worldwide — DAI is poised to remain a cornerstone of the crypto economy.
Whether you're using it for transactions, savings alternatives to traditional banking products like FDs and RDs — or simply as a stable on-ramp into crypto — staying informed about the latest DAI price in INR ensures smarter financial decisions.
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