Stablecoin profileLIVE
DAI (Sky) stablecoin
In short: DAI is a USD-pegged stablecoin issued by the decentralised Sky protocol. No token-level authorisation identified in the official registers checked. Below: live peg deviation, peg history, issuer, backing and FAQ.
Deviation: -1.5 bps (-0.01%) · Market cap: $4.47B
Sources: CoinGecko, DefiLlama · CoinGecko ↗ · Median of the available sources, refreshed in your browser. A deviation here is not a confirmed depeg.
Token legal status
Issuer & legal entity
No licences or registrations are on record for Sky in StableRadar’s data.
Transparency Score (issuer)
Our opinion based on public data as of 12 Nov 2026. Not a regulatory decision or a credit rating.
DAI peg history
Max deviation from the peg, time spent outside ±50 / ±100 bps and derived events per window. 24h: CoinGecko 5-minute prices; 7d, 30d, 90d: hourly; 1y: daily. Cached at build time.
| Favourites | Coin | Peg | Trend | Max |dev| | Low | >±50 bps | >±100 bps | Events | Details |
|---|---|---|---|---|---|---|---|---|---|
| DAI | USD | +110.2 bps | 0.9989 | 1 h | 1 h | 1 |
Source: CoinGecko ↗, DefiLlama ↗ · market data cached . Aggregated prices can move on thin markets; a deviation here is not a confirmed depeg.
DAI supply by chain
Current circulating supply per chain from the DefiLlama stablecoins API (cached at build time). Per-chain or DEX prices are not shown: no free source covers them reliably.
| Chain | Supply | Share of supply |
|---|---|---|
| Ethereum | $4.11B | 87.9% |
| Polygon | $443.0M | 9.5% |
| Fantom | $35.1M | 0.8% |
| BSC | $26.0M | 0.6% |
| Arbitrum | $14.6M | 0.3% |
| OP Mainnet | $13.5M | 0.3% |
| PulseChain | $10.6M | 0.2% |
| Avalanche | $8.9M | 0.2% |
| Kaia | $7.9M | 0.2% |
| Kava | $1.9M | 0.0% |
| Near | $788,083 | 0.0% |
| Solana | $510,325 | 0.0% |
| Starknet | $373,858 | 0.0% |
| Metis | $195,887 | 0.0% |
| Anubis | $141,317 | 0.0% |
Source: DefiLlama ↗
FAQ about DAI
What is DAI (Sky)?
DAI is a stablecoin pegged to the US dollar. Issuer: Sky. Backing (as described in our data): Crypto + RWA collateral.
Who issues DAI?
DAI is issued by the Sky protocol, a decentralised protocol; StableRadar’s data identify no legal issuing company. No licences or registrations are on record for Sky in StableRadar’s data.
Is DAI authorised under MiCA or another stablecoin regime?
No authorisation to issue DAI was identified in the official registers StableRadar checked (NYDFS Greenlist, ESMA EMT register, JFSA, HKMA, CNAD, OCC; last checked 27 Oct 2026). This does not mean the coin or issuer is unlawful, unlicensed or unsafe.
Is DAI safe?
StableRadar does not say whether a coin is safe and does not give investment advice. In our opinion, based on public data as of 12 Nov 2026, the issuer Sky has a Transparency Score of 33/100. This is not a regulatory decision or a credit rating. The live peg deviation and the official register links are on this page.
How is DAI backed?
Model: Crypto + RWA collateral. Reserve mix: Crypto collateral, RWA vaults, PSM stablecoins. Attestation: On-chain (real-time collateral).
Related pages
- Issuer profile → Sky
- Stablecoin laws by country
- News & depeg incidents
- Live peg monitor
- All stablecoins
- Issuer ranking
Informational only: not legal, investment or compliance advice. Company statements are marked “per company”.