Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
MakerDAO: DAI supply increased by $1 billion in the past two months

MakerDAO: DAI supply increased by $1 billion in the past two months

CointimeCointime2024/05/08 22:55
By:Cointime

MakerDAO stated on X platform that the supply of DAI increased from $4.4 billion to $5.4 billion within 60 days. In addition to the growth in supply, DAI set a new record in April with on-chain transaction volume reaching $636.72 billion. The Dai Savings Rate (DSR) also showed positive momentum, steadily increasing over the past few months with total deposits exceeding $2 billion last week.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

How Long Will Bitcoin Price Continue to Climb? Analytics Company Gives Date from Price Model

Cryptocurrency analysis company Alphractal has predicted how high the Bitcoin price will continue to grow.

Bitcoinsistemi2024/11/18 02:44

Prominent Analyst Responds to “Dogecoin Can’t Go Any Higher” Rumors – Sets Price Target

Cryptocurrency analyst Ali Martinez evaluated the Dogecoin price in his statement and gave a price target.

Bitcoinsistemi2024/11/18 02:44

What to Expect in the Cryptocurrency Market in the New Week? Analysis Company Commented

The cryptocurrency analytics company has shared an analysis explaining its outlook for the new week. Here are all the details.

Bitcoinsistemi2024/11/18 02:44

Watch Out: 25 Altcoins Have Massive Token Unlocks in the New Week – Here’s the Day-by-Day, Hour-by-Hour List

The cryptocurrency market is preparing for a large amount of token unlocking in many altcoins in the new week. Here is the full list.

Bitcoinsistemi2024/11/18 02:44