Tether vs Dai
A side-by-side look at Tether (USDT) and Dai (DAI) — live price, market capitalization, supply, all-time records and project fundamentals. Figures refresh hourly from public market data. For informational purposes only; not financial advice.
Tether vs Dai: Key Metrics
| Metric | USDT | DAI |
|---|---|---|
| Market cap rank | #3 | #24 |
| Price | $0.998447 | $0.99952 |
| Market capitalization | $186.05B | $4.62B |
| 24-hour trading volume | $26.90B | $75.93M |
| 24-hour change | -0.01% | -0.02% |
| Circulating supply | 186,549,137,804 | 4,186,474,913 |
| Maximum supply | No fixed cap | No fixed cap |
| All-time high | $1.32 | $1.22 |
| All-time low | $0.572521 | $0.88196 |
| Genesis / launch | — | — |
| Hashing algorithm | — | — |
| Categories tracked | 17 | 6 |
Bold values mark the larger figure for size-based metrics (market cap, volume). Larger is not inherently “better.”
What Are Tether and Dai?
Tether USDT
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The idea was to create a stable cryptocurrency that can be used like digital dollars. Coins that serve this purpose of being a stable dollar substitute are called “stable coins.” Tether is the most popular stable coin and even acts as a dollar replacement on many popular exchanges!
Full Tether profile →Dai DAI
MakerDAO has launched Multi-collateral DAI (MCD). This token refers to the new DAI that is collaterized by multiple assets.
Full Dai profile →Category Overlap
How Tether and Dai are classified by CoinGecko, and where they overlap.