Question 1

What is DAI's quality score?

Accepted Answer

DAI (Sky (formerly MakerDAO)) scores 75.7/100 on OnChain Benchmark's Stablecoin Quality Rating — Institutional-grade, as of Nov 9, 2026 (methodology v1.5).

Question 2

How is DAI's quality score calculated?

Accepted Answer

OnChain Benchmark scores DAI across four equally weighted dimensions, each out of 25: reserve quality (18/25), redemption depth (25/25), transparency (7.7/25), holder concentration (25/25). The four add directly to the 75.7/100 composite. The full rubric is published at onchainbenchmark.com/methodology.

Question 3

How concentrated is DAI's ownership?

Accepted Answer

OnChain Benchmark scores DAI's holder concentration 25/25 — one of the four dimensions of its quality rating, measured against free float (circulating supply outside issuer, custody, exchange, bridge and protocol wallets). A higher score means ownership is more broadly distributed; a lower score means it is held by fewer wallets.

Question 4

What does Institutional-grade mean?

Accepted Answer

Under OnChain Benchmark methodology v1.5, composite scores grade as Verified Capital (≥ 85), Institutional-grade (≥ 70), Developing (55–69), and Limited (below 55). DAI scores 75.7/100, placing it in Institutional-grade.

Dimension	Score	Why it scored this
Transparency	7.7 / 25
Reserve Quality	18 / 25
Redemption Depth Full marks.	25 / 25	Full marks.
Holder Concentration Full marks.	25 / 25	Full marks.

Chain	Contract	Share of measured supply
Ethereum	0x6B1754…271d0FExplorer ↗	100.0% · Last measured Nov 8, 2026
Polygon	0x8f3Cf7…c6A063Explorer ↗	Bridged — counted on source chain

DAI Quality Rating

The biggest gap in DAI's score is transparency.

Outstanding supply

Rating history

Each move and the dimension behind it

Issuer, rubric and methodology

Share of measured supply by chain

Reference DAI’s rating