Sai
SAI Price
How is the price of Sai (SAI) calculated?
The price of Sai (SAI) is calculated in real-time by aggregating the latest data across 2 exchanges and 2 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
Sai Price Chart (SAI)
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| 0.1% | 6.1% | 10.8% | 8.7% | 38.0% | 60.0% |
SAI Converter
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Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$25,227,914 |
|---|---|
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Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
1.0 |
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Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$25,227,914 |
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24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$104.78 |
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Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
2,683,599 |
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Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
2,683,599 |
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Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
2,683,599 |
SAI Historical Price
| 24h Range | $9.28 – $10.26 |
|---|---|
| 7d Range | $9.31 – $10.60 |
| All-Time High |
$25.31
62.9%
May 14, 2021 (almost 4 years)
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| All-Time Low |
$0.9269
912.3%
May 10, 2020 (almost 5 years)
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How do you feel about SAI today?
About Dai
Dai is a stablecoin, an Ethereum ERC20 token pegged to $1 USD. Every Dai is worth $1 and will always be worth $1, regardless of its existence. There is no centralized authority or traditional bank backing its value. Dai lives entirely within the Ethereum blockchain using smart contracts.
Features of Dai
Dai is always worth $1 USD, can be freely traded like any other ERC20 token, and can be owned, accepted, and transferred by anyone with an Ethereum wallet. It can be exchanged without a middleman, and no individual or company has control over it. Additionally, no government or authority can shut it down.
How Dai Works
Dai is a token that continuously approaches the value of $1 USD through game theory, balancing economic incentives. When Dai is worth above $1, mechanisms decrease the price, and when it's worth below $1, mechanisms increase the price. Rational actors participate in these mechanisms to earn money when Dai is not perfectly worth $1, causing it to float slightly above or below $1.
How Dai is Created
Dai is created by taking a loan against Ethereum using the MakerDAO dApp. Users can turn their ETH into "wrapped ETH" (WETH), then into "pooled ETH" (PETH), which is used as collateral for created Dai. A "collateralized debt position" (CDP) is then created, allowing users to draw Dai against their PETH collateral. The ratio of debt in the CDP increases as Dai is drawn, with a debt limit setting a maximum amount of Dai that can be drawn.
Purpose of Creating Dai
Creating Dai is useful for several reasons: needing a loan with ETH as collateral, believing ETH will increase in value and using a CDP to buy ETH on margin, or taking advantage of Dai's price being above $1 USD. When Dai's price exceeds $1 USD, creating and selling it on an exchange can generate profit, encouraging more Dai creation to keep its value pegged to $1 USD.
Where can you buy Sai?
SAI tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Sai is Uniswap V2 (Ethereum), where the most active trading pair SAI/WETH has a trading volume of $104.81 in the last 24 hours.
What is the daily trading volume of Sai (SAI)?
The trading volume of Sai (SAI) is $104.78 in the last 24 hours, representing a -47.80% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.
What is the highest and lowest price for Sai (SAI)?
Sai (SAI) reached an all-time high of BTC0.0004971 and an all-time low of BTC0.00001457. It’s now trading -62.90% below that peak and 912.30% above its lowest price.
What is the market cap of Sai (SAI)?
Market capitalization of Sai (SAI) is BTC307.4158 and is ranked #918 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SAI tokens (2.7 Million tokens are tradable on the market today).
What is the fully diluted valuation of Sai (SAI)?
The fully diluted valuation (FDV) of Sai (SAI) is BTC307.4158. This is a statistical representation of the maximum market cap, assuming the maximum number of 2.7 Million SAI tokens are in circulation today. Depending on how the emission schedule of SAI tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Sai compare against its peers?
With a price decline of -10.80% in the last 7 days, Sai (SAI) is underperforming the global cryptocurrency market which is down -8.00%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.
How to add Sai (SAI) to MetaMask?
Adding Sai (SAI) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import SAI as a token. You can copy SAI’s contract address (0x89d24a6b4ccb1b6faa2625fe562bdd9a23260359) and import it manually, or if you've installed MetaMask's chrome extension, add SAI to MetaMask with one click on CoinGecko.
Add SAI to MetaMask.
Sai Markets
| # | Exchange | Pair | Price | Spread | +2% Depth | -2% Depth | 24h Volume | Volume % | Last Updated | Trust Score | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 |
DEX
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$9.40 | 0.62% | $558 | $556 | $104.00 | 100.0% |
Recently
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| 2 |
DEX
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$9.46 | 0.63% | $213 | $213 | $36.00 | 34.34% |
about 6 hours ago
Inactive - No trades in the last 3 hours
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