Information, not investment advice. Facts are copied from cited issuer and regulator documents with retrieval dates; anything we could not verify is marked unknown. Nothing here is a recommendation, ranking, or eligibility determination about you.
USD stablecoin. Issuer: Sky Protocol (formerly MakerDAO). Official page. 9 fields verified, 7 unknown, 0 disputed.
As of 2026-10-25, who can invest for DAI: Anyone via on-chain converter, per Sky.
As of 2026-10-25, we could not confirm this for DAI in an issuer or regulator document.
As of 2026-10-25, redemption settlement for DAI: Atomic on-chain, per Sky.
As of 2026-10-25, subscription / mint fee for DAI: 0 via USDS converter, per Sky.
As of 2026-10-25, reserve / holdings report type for DAI: On-chain collateral (no fiat reserve attestation), per Sky.
9 of 16 fields on this page are confirmed in an issuer or regulator document. Unknown fields were not stated in the documents below (checked 2026-10-25). We do not fill gaps from aggregators.
| Field | Value | Status | Source | Note |
|---|---|---|---|---|
| Issuer | Sky Protocol (formerly MakerDAO) | verified | Sky, retrieved 2026-10-25 | |
| Product type | Crypto-collateralized decentralized stablecoin; 1:1 convertible to USDS | verified | Sky, retrieved 2026-10-25 | |
| Regulator | Unknown | unknown | No regulated issuer | |
| Blockchains | Unknown | unknown | Not yet confirmed in an issuer or regulator document (checked 2026-10-25) | |
| Open to US persons (per issuer) | Unknown | unknown | Not found in public issuer documents reviewed | |
| Who can invest | Anyone via on-chain converter | verified | Sky, retrieved 2026-10-25 | |
| KYC required | No | verified | Sky, retrieved 2026-10-25 | |
| Minimum initial investment | Unknown | unknown | Not found in public issuer documents reviewed | |
| Subscription / mint fee | 0 via USDS converter | verified | Sky, retrieved 2026-10-25 | |
| Redemption fee | 0 via USDS converter | verified | Sky, retrieved 2026-10-25 | |
| Redemption settlement | Atomic on-chain | verified | Sky, retrieved 2026-10-25 | |
| Redemption limits or gates | Unknown | unknown | Not found in public issuer documents reviewed | |
| Circulating supply (issuer report or issuer contract) | USD 4,525,933,141 as of 2026-10-25 | verified | Sky chainlog (contract registry), retrieved 2026-10-25 | totalSupply() of the DAI contract 0x6B175474E89094C44Da98b954EedeAC495271d0F (address from Sky's chainlog), read on-chain at Ethereum block 26273872 (2026-10-25 22:27 ET). Ethereum only. |
| Reserve / holdings report type | On-chain collateral (no fiat reserve attestation) | verified | Sky, retrieved 2026-10-25 | |
| Latest reserve / holdings report | Unknown | unknown | Not found in public issuer documents reviewed | |
| Report as-of date | Unknown | unknown | Not found in public issuer documents reviewed |