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Polygon PoS Bridged DAI (Polygon POS)

Polygon PoS Bridged DAI (Polygon POS)

DAI·1
-0.02%

Polygon PoS Bridged DAI (Polygon POS) (DAI) Daily Market Analysis 17 February 2026

By CoinStats AI

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What are the latest news for DAI?

Based on the latest information available, here's a summary of DAI news:

Market Performance

DAI is trading at $0.999832 USD with a 24-hour trading volume of $131,869,491 USD, maintaining its stablecoin peg. DAI currently ranks #19 with a live market cap of $5,364,481,770 USD.

Recent Protocol Developments

The Sky Savings platform's Total Value Locked (TVL) hit a new all-time high of $4 billion in November 2025, signifying significant growth and adoption of the Sky Protocol's savings offerings.

On November 14, 2025, the Sky DAO approved an Atlas Edit Weekly Cycle Proposal that authorized a payment of approximately 1.8 million USDS to Gnosis for their upgrade from DAI to USDS, updated Sky Direct Exposures and Actively Stabilizing Collateral (ASC), and added an ASC incentive.

Market Share Trends

In October 2025, Ethereum-based stablecoin transaction volume reached a record $2.82 trillion, a 45% increase from September 8, while MakerDAO's DAI experienced a decline to $136 billion from $141.2 billion in September 8.

Why is DAI price down today?

Based on current market data, DAI's price is down by 0.02% in the last 24 hours. The minimal decline reflects DAI's core design as a stablecoin.

Price Movement Context

The live DAI price today is $0.9997 USD, with a current market cap of $5.36B. This slight deviation below the $1.00 peg is typical for DAI and does not represent a significant price movement.

Stablecoin Mechanics

The marginal decline is not driven by traditional market factors affecting volatile assets. Instead, DAI's stability is supported by incentives and arbitrage—when DAI trades above $1, minting becomes more attractive because it can be sold at a premium, expanding supply and pushing the price down; when DAI trades below $1, buying DAI and repaying vault debt becomes more attractive, reducing supply and pushing the price up.

Market Activity

The 24-hour trading volume is $131.35M, indicating normal market activity. The minimal price deviation and substantial trading volume demonstrate that DAI is functioning as intended within its soft peg mechanism.

The 0.02% decline represents normal stablecoin behavior rather than a response to external market pressures or fundamental changes in the protocol.

What is the market sentiment for DAI today?

Market Sentiment Analysis: DAI (Dai Stablecoin)

Overall Sentiment: Neutral to Positive

DAI maintains an average sentiment score of 3.8 out of 5 across social media platforms, indicating a neutral-to-positive market outlook. The sentiment reflects DAI's established position as a reliable stablecoin rather than speculative enthusiasm.

Price Stability and Peg Maintenance

DAI's price moved -0.02% in the last 24 hours, demonstrating exceptional stability characteristic of its design. The live DAI price is $0.999832 USD with 24-hour trading volume of $131,869,491 USD, with DAI up 0.00% in the last 24 hours. This minimal price movement reflects successful peg maintenance and market confidence in the stablecoin's mechanisms.

Social Media and Community Sentiment

On Twitter, people are mostly neutral about DAI, with 15.36% of tweets showing bullish sentiment compared to 33.95% showing bearish sentiment. 84.64% of tweets were neutral about DAI, based on analysis of 7,472 tweets. This distribution suggests limited speculative interest but stable community engagement.

Recent trends show generally positive sentiment due to DAI's consistent performance, with X users actively discussing DAI's role in DeFi, collateral types, and governance decisions. DAI's community is vibrant with daily trading volumes reaching millions, with related posts and hashtags frequently trending on X platform with monthly post volumes in the hundreds of thousands, driven by price stability and DeFi integrations.

Reddit Community Engagement

On Reddit, DAI was mentioned in 303 Reddit posts with 8,153 comments, showing less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments. This mixed engagement pattern indicates ongoing community discussion without strong directional bias.

Market Positioning and Liquidity

Currently, 97% of Coinbase users are buying DAI, with 97% of Coinbase customers having increased their net position in DAI over the past 24 hours through trading. This metric indicates strong retail accumulation behavior on major centralized exchanges.

DAI is becoming less newsworthy, with 1 news article published about DAI, reflecting reduced media attention typical for established stablecoins compared to volatile assets.

Ecosystem Developments

In 2026, DAI sits alongside USDS as part of the Sky ecosystem, with USDS launched with a converter contract allowing free, infinitely liquid conversions between DAI and USDS. This ecosystem evolution maintains DAI's relevance while providing users with upgraded options.

Risk Assessment

The protocol maintains strong collateralization standards. In stressed markets, additional mechanisms and risk parameters matter, including the mix of collateral types and how quickly liquidations can happen, with DAI able to deviate if the market moves faster than liquidations can clear.

Sentiment Indicators Summary

  • Bullish Signals: Strong retail buying pressure on Coinbase (97% buyers), vibrant community engagement on social platforms, consistent peg maintenance
  • Neutral Signals: Dominant neutral sentiment on Twitter (84.64%), declining news coverage, minimal price volatility
  • Bearish Signals: Higher proportion of bearish tweets (33.95%) relative to bullish (15.36%), mixed Reddit engagement metrics

The overall market sentiment reflects DAI's maturation as infrastructure rather than a speculative asset, with sentiment anchored to its utility in DeFi and price stability rather than price appreciation expectations.

DAI Technical Analysis: Key Support & Resistance Levels?

Polygon PoS Bridged DAI (DAI) - Technical Analysis

Current Market Overview

Price: $0.9997 Market Cap: $626.04M 24h Volume: $7.60M Available Supply: 626.15M DAI Risk Score: 55.41/100 Volatility Score: 0.114


Price Action & Movement

Recent Price Changes:

  • 1-Hour: -0.01%
  • 24-Hour: -0.02%
  • 7-Day: -0.01%

The token exhibits minimal volatility with a volatility score of 0.114, indicating stable price action consistent with its stablecoin nature. The marginal negative movements across all timeframes suggest consolidation near peg.


Key Support & Resistance Levels

Support Levels

  • Primary Support: $0.9990 - Strong support maintaining peg integrity
  • Secondary Support: $0.9980 - Psychological level for stablecoin floor
  • Tertiary Support: $0.9970 - Extended support zone

Resistance Levels

  • Primary Resistance: $1.0005 - Upper peg boundary
  • Secondary Resistance: $1.0015 - Extended resistance zone
  • Tertiary Resistance: $1.0025 - Psychological ceiling

Liquidity & Volume Analysis

Liquidity Score: 48.70/100 (Moderate) Volume Analysis:

  • 24h volume of $7.60M represents moderate trading activity
  • Volume-to-market cap ratio indicates reasonable liquidity for a bridged asset
  • Lower volume relative to native DAI (Ethereum) reflects typical cross-chain token dynamics

Risk Assessment

Risk Score: 55.41/100 (Moderate Risk)

  • Higher than native DAI due to bridge counterparty risk
  • Polygon network dependency introduces additional technical risk
  • Stablecoin mechanism provides downside protection

Short-Term Outlook (Hourly to Daily)

  • Consolidation pattern near $0.9997 peg
  • Minimal volatility suggests stable trading conditions
  • Support holding at $0.9990 level indicates healthy peg maintenance
  • Expected range: $0.9990 - $1.0005

Medium-Term Outlook (Weekly)

  • Stable peg maintenance across 7-day period (-0.01% change)
  • Moderate liquidity supports consistent price stability
  • No significant technical deterioration observed
  • Continued consolidation expected within established support/resistance zones

Technical Indicators Summary

IndicatorStatus
VolatilityVery Low (0.114)
LiquidityModerate (48.70)
Risk LevelModerate (55.41)
Peg StabilityMaintained

Chart Pattern Analysis

The token demonstrates a stable consolidation pattern characteristic of well-functioning stablecoins. Price action remains tightly bound within the $0.9990-$1.0005 range, indicating:

  • Strong peg maintenance
  • Balanced supply/demand dynamics
  • Minimal arbitrage opportunities

Trading Volume Observations

  • Current 24h volume of $7.60M reflects typical activity for a bridged stablecoin
  • Volume distribution suggests institutional and retail participation
  • Liquidity sufficient for standard trading operations on Polygon network