Dai vs RedStone — how do they compare? Dai trades at Rp17,251 (market cap Rp92,41T, Rp1,28T 24h volume), while RedStone trades at Rp1,589 (market cap Rp746,48M, Rp39,18M 24h volume). The key difference: Dai is far larger — about 123794.3× RedStone's market cap, and RedStone's supply is capped (480,1M / 1B RED (49%)) while Dai's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Dai for 31 Days and RedStone for 14 Days on average.
| DAI | RED | |
|---|---|---|
Market Cap | Rp92,41T | Rp746,48M |
Volume (24h) | Rp1,28T | Rp39,18M |
Circulating Supply | 5,4B DAI | 480,1M / 1B RED (49%) |
Typical Hold Time | 31 Days | 14 Days |
DAI is an Ethereum-based stablecoin managed by the Maker Protocol and MakerDAO. Its value is soft-pegged to the U.S. dollar and backed by various cryptocurrencies stored in smart contract vaults. DAI provides a decentralized way to hold a stable digital asset, with options like Multi-Collateral DAI for flexible backing and the DAI Savings Rate for earning interest.
Read more on DAI →RedStone ($RED) is a decentralized oracle network providing customizable data feeds for DeFi across 70+ blockchains. The RED token supports staking and secures the network while rewarding users.
Read more on RED →