> open stablecoin/dai
Dai
Crypto-collateralized and multi-collateral stablecoin associated with MakerDAO / Sky.
Statusactive
Evidence3
| Symbol | DAI |
|---|---|
| Status | active |
| Peg asset | USD |
| Collateral model | multi_collateral |
| Issuer | MakerDAO / Sky |
| Reserve disclosure | partial |
| Redemption status | limited |
| Launch date | 2017-12-18 |
| Discontinued date | — |
| Confidence | medium |
| Last verified | 2026-06-01 |
Issuer dossier
MakerDAO / Sky · protocol · unknown
Reserve reports
1 seed reserve disclosure reference(s) linked to this record.
Known unknowns
3 visible uncertainty item(s) kept for later review.
| Status | limited |
|---|---|
| Who can redeem | DAI is protocol-based rather than a simple issuer redemption product; redemption-like exits depend on protocol mechanisms and market liquidity. |
| Retail redemption | not_applicable_or_indirect |
| Institutional redemption | not_applicable_or_indirect |
| Minimum redemption | not_applicable_or_indirect |
| Region / access notes | Protocol access, frontends, and related products may vary; source-backed expansion is needed. |
| Registry note | SOG should avoid describing DAI redemption like fiat-backed issuer redemption unless a specific mechanism or product is being discussed. |
| Date | Title | Source | Type | Summary |
|---|---|---|---|---|
| No regulatory notes recorded yet. | ||||
| Chain | Deployment type | Status | Contract | Notes |
|---|---|---|---|---|
| Ethereum | protocol_token | active | source_review_needed | DAI Ethereum deployment placeholder. Protocol/token contract metadata, Sky lifecycle context, and successor/parallel asset relationships need source-backed review. |
| Coverage type | Count | Meaning |
|---|---|---|
| Issuer source | 2 | Source-backed reference present in this record. |
| Reserve reference | 1 | Source-backed reference present in this record. |
| Market data | 0 | No source of this type is linked yet. |
| Regulatory source | 0 | No source of this type is linked yet. |
| Deployment / contract | 1 | Source-backed reference present in this record. |
| Exchange notice | 0 | No source of this type is linked yet. |
| News / analysis | 0 | No source of this type is linked yet. |
| Archive capture | 0 | No source of this type is linked yet. |
| Other source | 0 | No source of this type is linked yet. |
| Date | Stage | Record | Detail |
|---|---|---|---|
| 2017-12-18 | launched | Dai launch | Launch date recorded on the stablecoin entity. |
| 2026-06-01 | current_status | Current registry status: active | This is the current SOG registry label, not a safety score. |
| Date | Event | Type | Impact | Recovered | Mechanism |
|---|---|---|---|---|---|
| No event records yet. | |||||
| Date | Publisher | Type | Asset categories | Confidence |
|---|---|---|---|---|
| 2026-06-03 | Sky / MakerDAO ecosystem | protocol_disclosure | multi_collateral, vault_system, surplus_buffer_or_protocol_context, source_review_needed | medium |
| Source | Publisher | Type | Claim scope | Reliability |
|---|---|---|---|---|
| MakerDAO / Sky documentation for Dai | Sky / MakerDAO ecosystem | issuer_statement | collateral_model | medium |
| Sky documentation for Dai and Sky ecosystem | Sky / MakerDAO ecosystem | issuer_statement | entity_lifecycle | medium |
| MakerDAO governance/forum lifecycle reference | Sky / MakerDAO governance forum | governance_reference | governance_lifecycle | medium |
| Topic | Description | Severity | Last checked |
|---|---|---|---|
| lifecycle_transition | DAI, Sky, USDS, MKR/SKY, savings products, and related successor or parallel token lifecycle details require a dedicated source-backed lifecycle record. | medium | 2026-06-03 |
| collateral_composition | DAI collateral composition, real-world asset exposure, PSM exposure, and protocol risk parameters need exact dashboard or documentation sources before SOG displays a historical collateral timeline. | medium | 2026-06-03 |
| redemption_mechanics | DAI redemption-like exits through protocol mechanisms, market liquidity, PSM, or successor product flows need source-specific explanation and should not be described as fiat-backed issuer redemption. | medium | 2026-06-03 |
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