What Single Collateral DAI is
Single Collateral DAI (SAI) is a token issued on Ethereum, currently ranked 510th by market capitalization among the assets we track. Single Collateral DAI is an ecosystem token: it runs as a token on an existing smart-contract chain rather than operating its own base layer. Its data doesn't slot it into a clear sector beyond the network it's deployed on, so its specifics come from the project itself.
Single Collateral DAI (SAI) is a decentralized stablecoin backed by a single cryptocurrency collateral, primarily Ethereum, aiming to maintain a 1:1 peg with the US dollar. It operates on the Maker platform and is designed to provide a stable value in the volatile cryptocurrency market.
How to approach Single Collateral DAI
An ecosystem token like Single Collateral DAI is only as strong as the use case behind it. Without rich categorization, the grounded approach is to weigh how it trades and how much supply exists against the project's stated purpose.
SAI is not mined; it is issued as a token rather than secured by its own mining or staking layer.
Background & fundamentals
Single Collateral DAI is issued as a token on Ethereum rather than running its own base-layer blockchain. Single Collateral DAI first went live in 2017, giving it roughly 9 years of on-chain price history to draw on. Single Collateral DAI operates under a semi-centralized structure, which concentrates protocol decisions in an identifiable issuer or foundation.
Its codebase is open-source, meaning the implementation can be audited rather than taken on trust. CoinPaprika classifies the project's development status as "Working product". In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20).
Where Single Collateral DAI sits in the market
Trading around $9.84, Single Collateral DAI carries a market capitalization of $26.33M. Around $2.02K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.01% of the float — on the quieter side, which can mean thinner liquidity for large orders.
Single Collateral DAI carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. SAI remains -100% beneath its all-time high of $17,686, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
The tape currently reads 24-hour -1.64%.
Volatility profile
Recent action puts Single Collateral DAI in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual.
How to evaluate Single Collateral DAI
A grounded read on SAI comes down to three questions:
- Liquidity — how deep and reliable trading in SAI actually is, since thin books amplify both moves.
- Supply dynamics — circulating versus maximum supply and the dilution that implies.
- Primary sources — what the project itself documents, because standardized sector data on SAI is limited.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
