Halal Rating :
Last Price $1.00 Last updated:
Rank 22
1D Change 0.03 %
Market Cap $5.35b
Circulating supply 5,347,888,596
Maximum supply None

Crypto Overview

  • DeFi
  • Stablecoin
  • Asset-Backed Stablecoin
  • Ethereum Ecosystem
  • Avalanche Ecosystem
  • Polygon Ecosystem
  • Fantom Ecosystem
  • Arbitrum Ecosystem
  • Harmony Ecosystem
  • Moonriver Ecosystem
  • BNB Chain
  • USD Stablecoin
  • Optimism Ecosystem

MakerDAO has launched Multi-collateral DAI (MCD). This token refers to the new DAI that is collaterized by multiple assets.

Crypto Impact

To assign a comfort level investing in Dai from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Dai.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating