Coins: 10053 Exchanges: 821 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
XDAI price



Rank #5431

XDAI Price Chart (XDAI/USD)

Last updated 22 Jun 2022, 09:11AM UTC. Currency in USD.

# Exchange Pair Price Spread Volume(24h) Trust
1 AscendEX (BitMax) XDAI / USDT $0.99466700 1.20% $290,421

XDAI Price Statistics

24H Range
  • XDAI Price Now $1
  • 24h Low / 24h High $1 / $1
  • Trading Volume $82,665
  • Market Cap Rank #0
  • Market Cap $0
  • Volume / Market Cap 0.0000
  • All-Time High $1 -11.85%
    Sep 18, 2021
  • All-Time Low $1 32.49%
    Jun 13, 2022

Understanding XDAI Cryptocurrency:


XDAI is a cryptocurrency that operates on the XDAI Chain. It aims to provide users with a stable and fast network for their transactions. This article will delve deeper into XDAI and its functionalities.

What is XDAI Chain?

XDAI Chain is a blockchain platform built on top of the Ethereum network. It uses a unique consensus mechanism called Proof-of-Authority (PoA), which ensures fast and secure transactions. The XDAI Chain's main currency is XDAI, a stablecoin that has a fixed value of 1 DAI.

How does XDAI work?

XDAI works by utilizing a two-token system. The first token is DAI, which is a decentralized stablecoin pegged to the US Dollar. For every DAI token, there is an equivalent amount of XDAI minted on the XDAI Chain.

The conversion from DAI to XDAI occurs through a bridge where users lock their DAI tokens, and an equivalent amount of XDAI is issued. This allows users to trade and transact on the XDAI Chain with the stability of the DAI token.

Benefits of XDAI

XDAI offers several advantages:

Use Cases

XDAI has various use cases, including:


XDAI cryptocurrency, built upon the XDAI Chain, offers users a stable and fast network for their transactions. With its unique features and benefits, XDAI has the potential to revolutionize the way people transact and interact with blockchain technology.