The current real-time price of ASDAI is $0.9996. In the past 24 hours, ASDAI has traded between $0.9997 and $0.9999, showing strong market activity. The all-time high of ASDAI is $1.005, and the all-time low is $0.5610.
From a short-term perspective, the price change of ASDAI over the past 1 hour is , over the past 24 hours is 0.00%, and over the past 7 days is 0.00%. These figures provide a quick overview of the latest price trends and market dynamics of ASDAI on LBank.-0.04%
The live price of ASDAI today is $0.9996, with a current market cap of $0. The 24-hour trading volume is --. The price of ASDAI to USD is updated in real time.
Before deciding whether to buy or sell ASDAI, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s ASDAI technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for ASDAI.
How much will ASDAI be worth tomorrow, next week, or next month in ? What about your ASDAI assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! ASDAI Price Prediction
To learn more about ASDAI, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x0c4b...79f997  | 263.534K | 65.9% |
ethereum | 0x0a04...deb40a | 47,860 | 11.97% |
ethereum | 0xc5ae...0900f4 | 35,365 | 8.84% |
ethereum | 0xcc2c...affff0 | 34,033 | 8.51% |
ethereum | 0x4cfb...d37c19 | 8,495 | 2.12% |
Other | 10,624.98 | 2.66% |
Aave v3 sDAI (asDAI) is an interest-bearing digital asset within the Aave protocol. It represents DAI stablecoins that have been deposited into MakerDAO's Dai Savings Rate (DSR) mechanism. Essentially, when DAI is supplied to the DSR, it starts earning yield. asDAI is the tokenized representation of this yield-earning DAI, allowing users to hold and interact with DSR-enabled DAI directly within the Aave V3 ecosystem.
asDAI generates yield primarily from the Dai Savings Rate (DSR) mechanism managed by MakerDAO. When underlying DAI is deposited into the DSR, it automatically accrues interest. Aave v3 sDAI is a wrapper around this DSR-enabled DAI. Consequently, holding asDAI means that users are effectively holding DAI that is continuously earning yield from MakerDAO's DSR, with this yield transparently passed on to the asDAI holders within the Aave protocol.
Aave V3 is a decentralized liquidity protocol where users can lend assets to earn interest or borrow against collateral. asDAI fits into this structure as a unique asset that can be supplied to Aave V3. By supplying asDAI, users can continue to earn its native yield from the Dai Savings Rate while simultaneously utilizing it as collateral to borrow other digital assets within the Aave ecosystem. This integration enhances capital efficiency for users.
Key risks include potential smart contract vulnerabilities in both the Aave and MakerDAO protocols, as well as oracle risks which could affect pricing data. There are also risks related to the stability of DAI itself and potential impacts from MakerDAO's governance decisions, such as changes to the D3M program. While Aave V3 employs risk management features like E-Mode, Isolation Mode, and Siloed Borrowing, users should be aware of these inherent decentralized finance risks.
Yes, asDAI can be supplied and used as collateral on Aave V3. This allows users to leverage their yield-bearing asset to borrow other digital assets. The associated Loan-to-Value (LTV) ratios, which determine the maximum borrowing capacity against collateral, are dynamically managed by Aave governance. These ratios are adjusted to mitigate risks, especially in response to external factors like MakerDAO's D3M program or broader market conditions, ensuring the protocol's stability and security.
Aave V3 incorporates several security measures to safeguard user funds. These include rigorous audits of its smart contracts to identify and mitigate vulnerabilities. The protocol also maintains an insurance fund and implements advanced risk management tools such as dynamic interest rates and robust liquidation mechanisms. All significant changes to the protocol undergo a decentralized governance process. Furthermore, Aave V3 supports multiple blockchain networks and runs an ongoing bug bounty program, collectively enhancing the security of user assets like sDAI.
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