What is Aave DAI (ADAI)?
Aave DAI is an interest bearing token minted upon deposit and burned when redeemed. The aDAI is pegged 1:1 to the value of the underlying DAI that is deposited in Aave protocol. aDAI, can be freely stored, transferred, and traded. While the underlying asset is loaned out to borrowers, aDAI accrue interest in real time, directly in your wallet!
Where can you buy Aave DAI?
Aave DAI (ADAI) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for ADAI sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for ADAI. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.