USDai

USDai is a yield-bearing synthetic dollar designed to hold a stable value of approximately one US dollar while generating returns for its holders. It is backed by loans made against AI hardware, computing resources, and decentralized physical infrastructure network assets, targeting an annual percentage return in the 15 to 25 percent range. The project aims to connect owners of income-generating infrastructure equipment who need financing with those seeking a dollar-denominated asset that earns yield.

USDai is a synthetic dollar that maintains its peg through arbitrage mechanisms which are designed to correct deviations from the one-dollar target. The token exists across several ecosystems including Arbitrum, Ethereum, and Base, as indicated by its categories. Collateral takes the form of loans against physical and computational infrastructure assets, meaning the backing is not a direct basket of other cryptocurrencies or government bonds but rather debt secured by hardware and compute capacity.

The yield USDai targets comes from interest payments on loans made against AI hardware and DePIN assets, though the data provided does not include a specific fee revenue figure or a breakdown of what the protocol retains versus what it distributes to holders. The circulating stablecoin supply stood at approximately 265,539,209.88 units at the point-in-time measurement, and that supply declined by roughly 14.98 percent over the prior 30 days. Because no protocol fee stream figures are stored on this page, fee-based measures that this site would normally report cannot be calculated or displayed here.