Dai (DAI) stablecoin analytics
DAI is MakerDAO/Sky's dollar stablecoin, minted from crypto and RWA vaults and supported by stablecoin PSM liquidity.
Static Profile
Static stablecoin profile
Dai (DAI) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Aug 11, 2026
DAI is MakerDAO's decentralized USD stablecoin; CDP-minted origins, now mostly backed by PSM stablecoins and Sky's allocator books. DAI is the stablecoin that proved crypto could create a dollar without a bank account, and the A- report card still rests on genuine DAO...
AI summary · drafted by claude-fable-5 · facts as of Aug 11, 2026
- Collateral
- Multi-collateral Sky/MakerDAO balance sheet: Spark lending exposure (~33%), stablecoins through the PSM (~32%), Grove RWA allocations (~24%), Obex (~5%), core crypto vaults (~4%), Staking Engine (~1%), and legacy RWA (~1%).
- Peg Mechanism
- Overcollateralized CDP vaults (auto-liquidated if ratio drops below minimum); LitePSM enabling 1:1 USDC↔DAI swaps; SKY (formerly MKR) acts as backstop (minted and sold to cover bad debt)
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Snippet Answer
Is DAI safe?
Pharos does not mark DAI as absolutely safe. Static metadata says Dai uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety dai-makerdao
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Aug 11, 2026.
DAI quick answers
What is DAI?
DAI is MakerDAO/Sky's dollar stablecoin, minted from crypto and RWA vaults and supported by stablecoin PSM liquidity. The static profile records its US Dollar peg mechanism as: Overcollateralized CDP vaults (auto-liquidated if ratio drops below minimum); LitePSM enabling 1:1 USDC↔DAI swaps; SKY (formerly MKR) acts as backstop (minted and sold to cover bad debt)
Is DAI safe?
Pharos does not mark DAI as absolutely safe. Static metadata says Dai uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs DAI?
Pharos classifies DAI backing as Crypto-Collateralized. Collateral, per the static profile: Multi-collateral Sky/MakerDAO balance sheet: Spark lending exposure (~33%), stablecoins through the PSM (~32%), Grove RWA allocations (~24%), Obex (~5%), core crypto vaults (~4%), Staking Engine (~1%), and legacy RWA (~1%). Reserve evidence: live reserve feed configured.
Can DAI be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for DAI, when applicable, appear in the dossier below.