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View ChartUSDai (USDAI) is the synthetic dollar of the USD.AI ecosystem. It is designed as a highly liquid, 1:1 USD-pegged asset that is fully backed by PayPal's PYUSD stablecoin. The AI component of the ecosystem relates to its GPU-collateralized lending business, which is the yield source for sUSDai, rather than to the peg mechanism of USDai itself.
| Item | Details |
|---|---|
| Name (Ticker) | USDai (USDAI) |
| Alternative Names | Synthetic Dollar |
| Consensus Mechanism | N/A (Issued on EVM chains) |
| Smart Contracts | Yes (EVM) |
| Category | Synthetic Dollar, Stablecoin |
| Hash Algorithm | Keccak-256 |
| Block Reward | N/A |
| Max Supply | Unlimited. Supply expands or contracts with minting and redemption demand; new USDai can only enter circulation when the equivalent PYUSD is locked in the protocol. |
| TPS | Dependent on underlying blockchain |
| Scaling Solution | Layer 2 (Arbitrum One) |
| Blockchain | Arbitrum One (native), also mintable on Ethereum, Base, and Plasma |
| Token Standard | ERC-20 |
| Contract Address (Arbitrum One) | 0x0a1a1a107e45b7ced86833863f482bc5f4ed82ef |
USDai is developed by Permian Labs, the entity behind USD.AI. The co-founders are David Choi (CEO) and Conor Moore (COO). The protocol launched on 08/18/2025. Governance involves community proposals and voting, but the development entity is Permian Labs, not a DAO.
USDai is fully backed 1:1 by PayPal's PYUSD stablecoin; the protocol supply is verifiable on-chain at all times, and there is no private-key minting — new tokens can only enter circulation when the equivalent PYUSD is locked in the protocol.
At the user level, the peg mechanism is straightforward: mint around $1, redeem around $1. A user supplies supported stablecoins such as USDC or USDT, receives USDai 1:1, and can redeem without lockups or waiting periods. That convertibility is the core stabilizer. If USDai trades below $1 in secondary markets, arbitrageurs have reason to buy it and redeem. If it trades above $1, users have reason to mint more and sell.
USDai's design centers on redeemability and reserve backing rather than on reflexive token incentives:
USDai serves as the liquid dollar rail inside the USD.AI system. Users deposit supported stablecoins, the protocol mints USDai, and they can later redeem back into underlying stablecoins. USDai is closer to a transaction and liquidity asset than to a yield asset; the protocol's own documentation says USDai does not pass yield through to holders.
USDai should be viewed as a high-risk venture bet, not a stablecoin. Its stability depends on three conditions holding at the same time: reserves remain sound, redemptions remain operational, and market access stays open enough for arbitrage. If you hold USDai, you are mainly getting exposure to a redeemable dollar token backed by reserve assets and protocol infrastructure. If you convert that USDai into sUSDai, you stop holding a stable dollar and start holding a vault share whose value and liquidity depend on loan performance, reserve composition, and redemption mechanics.
The USDAI ecosystem is in its early growth phase, focusing on integration and utility:
USDAI is not mined through traditional proof-of-work. Instead, new tokens enter circulation when the equivalent PYUSD is locked in the protocol. Users can earn yield through participation in the ecosystem:
Protecting your USDAI involves standard cryptocurrency security best practices:
USDai is available on major centralized and decentralized exchanges; check the official website for the current list of supported venues.
This article is for informational purposes only and does not constitute investment advice. Crypto asset prices are highly volatile; please do your own research and bear your own risks.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for USDAI are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of USDai (USDAI) is $0.99954. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated USDAI to USD rate at the top of BTCC’s price page. In terms of market scope, USDai records a 24h trading volume of $28.395954K (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $501.033235M. Its current circulating supply stands at 501.35M out of a maximum supply cap of ∞.
The price volatility of USDai (USDAI) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (501.35M) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, USDai (USDAI) hit an all-time high (ATH) of $1.981049 on 2025-11-24 14:30, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.995793 on 2026-11-07 22:25. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading USDAI futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($28.395954K), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s USDAIUSDT perpetual contracts support two-way trading. If you anticipate a price decline for USDai, simply log into your BTCC account with USDT margin available, navigate to the USDAIUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for USDAIUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.99954), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for USDAIUSDT with zero financial risk.
Trading USDai (USDAI) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for USDAIUSDT, and review its live price ($0.99954) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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