In DeFi, stablecoins are one of the most widely used properties. DAI, like Tether and USD Coin, has seen significant growth since its inception, with over 3.6 billion in circulating stock. On the demand side, in pairs that include DAI, its volume accounts for about 15% of Uniswap's daily volume, while USD Coin and Tether each account for about 43%. DAI is a solid player on decentralised lending platforms, accounting for the second-largest collateral holder on Compound.