This article provides a comprehensive review of DAI’s historical prices and market fluctuations since its inception, combined with data from bull and bear market phases, to evaluate the potential returns of purchasing 10 DAI tokens for investors, and addresses the critical question: “Should I buy DAI now?” This analysis aims to help both new and long-term investors master timing and growth opportunities in the market.
Early Market Cycle and Price History: From Inception to 2019
DAI is the largest decentralized stablecoin on Ethereum, developed and managed by MakerDAO, serving as critical infrastructure for decentralized finance (DeFi). According to market records, DAI was launched around 2017 with an initial trading price of approximately $1.0.
Below is DAI’s price performance during its early market phases:
2017
Opening Price: $1.0
Closing Price: $0.9779
Highest Price: $1.0
Lowest Price: $0.9779
Annual Return: -2.21%
2018
Opening Price: $0.9751
Closing Price: $0.99
Highest Price: $1.03
Lowest Price: $0.964
Annual Return: 1.53%
2019
Opening Price: $0.9701
Closing Price: $0.998
Highest Price: $1.03
Lowest Price: $0.9423
Annual Return: 2.88%
An investor who purchased 10 DAI tokens in the early market phase of 2017 would have experienced minimal volatility around the $1.0 peg, demonstrating DAI’s core design as a stablecoin resistant to extreme price fluctuations.
Medium-Term Market Cycle: Stability and Consolidation (2020-2023)
During this period, DAI maintained its peg to the US dollar with minimal deviation, reflecting the stablecoin’s effectiveness and growing adoption within the DeFi ecosystem.
2020
Opening Price: $1.0
Closing Price: $1.0
Highest Price: $1.04
Lowest Price: $0.993
Annual Return: 0.03%
2021
Opening Price: $1.0
Closing Price: $1.0
Highest Price: $1.0
Lowest Price: $0.9928
Annual Return: -0.3%
2022
Opening Price: $1.0
Closing Price: $0.9992
Highest Price: $1.0
Lowest Price: $0.9974
Annual Return: -0.08%
2023
Opening Price: $0.9971
Closing Price: $0.9967
Highest Price: $1.0
Lowest Price: $0.9833
Annual Return: -0.04%
Potential returns for investors purchasing 10 DAI tokens during these consolidation years:
2020: -$0.0039
2021: -$0.0348
2022: -$0.0039
2023: $0.0251
Recent Market Cycle: Should I Buy DAI Now? (2024 to Present)
In recent years, DAI has continued to demonstrate exceptional stability while maintaining its utility as the backbone of DeFi applications. The stablecoin has reinforced its position as a critical protocol token.
2024
Opening Price: $0.9944
Closing Price: $1.0
Highest Price: $1.0
Lowest Price: $0.9944
Annual Return: 0.6%
2025
Opening Price: $0.9999
Closing Price: $0.99935
Highest Price: $1.0
Lowest Price: $0.9975
Annual Return: -0.06%
2026 (Year-to-Date)
Opening Price: $1.0
Closing Price: $0.99961
Highest Price: $1.0
Lowest Price: $0.99863
Annual Return: -0.06%
Potential returns for investors purchasing 10 DAI tokens during the recent market cycle:
2024: $0.0521
2025: -$0.0029
2026 (to present): -$0.0058
Summary: Stability, Function, and Investment Timing
Through analysis of DAI’s historical prices and potential returns, it is evident that DAI functions primarily as a stablecoin rather than a speculative asset. Since its 2017 inception, DAI has maintained a consistent peg to the US dollar with minimal volatility, demonstrating the effectiveness of its collateral-backed design. The primary value proposition of DAI lies not in price appreciation, but in its utility as a stable medium of exchange and store of value within the DeFi ecosystem. For investors seeking capital appreciation, DAI may not be suitable; however, for those seeking a reliable stablecoin for DeFi participation or hedging against cryptocurrency volatility, DAI remains a foundational protocol within the decentralized finance infrastructure.
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DAI Historical Price and Return Analysis: Should I Buy DAI Now?
Abstract
This article provides a comprehensive review of DAI’s historical prices and market fluctuations since its inception, combined with data from bull and bear market phases, to evaluate the potential returns of purchasing 10 DAI tokens for investors, and addresses the critical question: “Should I buy DAI now?” This analysis aims to help both new and long-term investors master timing and growth opportunities in the market.
Early Market Cycle and Price History: From Inception to 2019
DAI is the largest decentralized stablecoin on Ethereum, developed and managed by MakerDAO, serving as critical infrastructure for decentralized finance (DeFi). According to market records, DAI was launched around 2017 with an initial trading price of approximately $1.0.
Below is DAI’s price performance during its early market phases:
2017
2018
2019
An investor who purchased 10 DAI tokens in the early market phase of 2017 would have experienced minimal volatility around the $1.0 peg, demonstrating DAI’s core design as a stablecoin resistant to extreme price fluctuations.
Medium-Term Market Cycle: Stability and Consolidation (2020-2023)
During this period, DAI maintained its peg to the US dollar with minimal deviation, reflecting the stablecoin’s effectiveness and growing adoption within the DeFi ecosystem.
2020
2021
2022
2023
Potential returns for investors purchasing 10 DAI tokens during these consolidation years:
Recent Market Cycle: Should I Buy DAI Now? (2024 to Present)
In recent years, DAI has continued to demonstrate exceptional stability while maintaining its utility as the backbone of DeFi applications. The stablecoin has reinforced its position as a critical protocol token.
2024
2025
2026 (Year-to-Date)
Potential returns for investors purchasing 10 DAI tokens during the recent market cycle:
Summary: Stability, Function, and Investment Timing
Through analysis of DAI’s historical prices and potential returns, it is evident that DAI functions primarily as a stablecoin rather than a speculative asset. Since its 2017 inception, DAI has maintained a consistent peg to the US dollar with minimal volatility, demonstrating the effectiveness of its collateral-backed design. The primary value proposition of DAI lies not in price appreciation, but in its utility as a stable medium of exchange and store of value within the DeFi ecosystem. For investors seeking capital appreciation, DAI may not be suitable; however, for those seeking a reliable stablecoin for DeFi participation or hedging against cryptocurrency volatility, DAI remains a foundational protocol within the decentralized finance infrastructure.