DAIStablecoin·Sky (formerly MakerDAO) ↗·LiveAs of Oct 10, 2026

Dai

Crypto-collateralized US dollar stablecoin issued by the Sky protocol (formerly MakerDAO).

Stablecoin Quality Rating

68/ 100

Developing+2 to Institutional-grade (≥70)Data gap: Disclosure Quality · Redemption Liquidity · Structural Trust

OCB — 01·Rating breakdown

Methodology v1.6 · Oct 10, 2026

DAI across four dimensions

Reserve18 / 25

Redemption25 / 25

TransparencyLIMITING— / 25

Concentration25 / 25

Gap to Institutional-grade (≥70)+2

Signal readings

Top-10 holder pct: 10.8%

Custody & backing fields are descriptive — published, not scored

OCB — 02·Outstanding supply

$4.55B

DAI supply over time

DAI · Sky (formerly MakerDAO)

Outstanding supply (USD)

DAI outstanding supply is $4.55B as of Oct 10, 2026. -0.7% over the prior 30 days.

Source: OCB Quality Ratings · DAI · onchainbenchmark.comUpdated daily

OCB — 03·Rating history

11 readings

DAI quality rating since coverage began

Rating trend

A rating trend is shown once sufficient history has accrued.

OCB — 04·Deployments

How this instrument's supply is distributed across chains

ChainShare of measured supply

ETHEthereum

100.0%

0x6B1754…271d0FExplorer ↗

POLPolygon

bridged — counted on source chain

0x8f3Cf7…c6A063Explorer ↗

OCB — 05·Coverage gaps + diligence

Where coverage is incomplete — and what could narrow it

Methodology

DAI is scored across the same four dimensions as every other rated instrument in its class — Reserve Quality, Redemption Depth, Holder Concentration, and Transparency. Each dimension contributes up to 25 points. The dimension breakdown above shows where the score comes from; the diligence trail shows every verified fact behind it.

Read the full methodology ↗