Can you verify Dai Stablecoin (DAI) reserves yourself?
DAI's backing is crypto collateral held on-chain, readable directly on a block explorer, with no attestor in the reserve path. Do not trust the issuer, and do not trust us. This page reads DAI's live supply straight from the chain and shows you, honestly, where verification ends and trust begins.
Issued by Sky (formerly MakerDAO). It is not an audit, a rating, or a solvency opinion, and DAI appearing here is not an endorsement. "Attestor-optional" describes the structure of the verification, not the quality of the issuer.
The part you can always verify: live supply
Total supply is a contract function anyone can call. Below is DAI read live from the chain, with the exact command to reproduce it. This is the one number you never have to take on faith.
Reproduce the supply read yourself
cast call 0x6b175474e89094c44da98b954eedeac495271d0f "totalSupply()(uint256)" --rpc-url https://ethereum-rpc.publicnode.comcast call 0x6b175474e89094c44da98b954eedeac495271d0f "symbol()(string)" --rpc-url https://ethereum-rpc.publicnode.comPrefer curl? Show the raw JSON-RPC call
curl -s -X POST https://ethereum-rpc.publicnode.com -H 'content-type: application/json' --data '{"jsonrpc":"2.0","id":1,"method":"eth_call","params":[{"to":"0x6b175474e89094c44da98b954eedeac495271d0f","data":"0x18160ddd"},"latest"]}'Live supply is read from the chain and cached hourly on this page; the command above is real-time. Always confirm you are reading the canonical contract address. A look-alike token can copy any name or symbol; only the address is identity.
The harder question: can you verify DAI's reserves?
Backed by collateral held in on-chain Maker/Sky vaults, much of it readable directly on-chain, alongside a growing allocation to off-chain real-world assets (Treasuries via tokenization partners) that rests on those partners' attestations.
On-chain supply and the on-chain crypto collateral in the vaults, readable on a block explorer.
The off-chain real-world-asset portion of the collateral, whose par value rests on the RWA partners' reporting.
The reserve backing is readable on-chain, so a third-party attestor is optional on that leg. DAI is on the strong end of this axis for its reserve leg. That is not the same as risk-free; the standing risks are smart-contract and collateral risk, not attestor trust.
See how DAI sits next to the rest of the field on the reserve transparency scorecard, or run this same read on any other token with Verify Any Stablecoin.
Common questions about DAI
Can you verify Dai Stablecoin (DAI) reserves yourself?
DAI's backing is crypto collateral held on-chain, readable directly on a block explorer, with no attestor in the reserve path. On-chain supply and the on-chain crypto collateral in the vaults, readable on a block explorer. The off-chain real-world-asset portion of the collateral, whose par value rests on the RWA partners' reporting. On-chain supply is something you can always read yourself; the reserves are where the trust boundary sits, and this page shows exactly where.
Who attests DAI's reserves?
Backed by collateral held in on-chain Maker/Sky vaults, much of it readable directly on-chain, alongside a growing allocation to off-chain real-world assets (Treasuries via tokenization partners) that rests on those partners' attestations. The reserve figure runs through RWA allocation rests on tokenization-partner attestations, which is a legitimate, common model. You read that attestation rather than the underlying accounts. This is a structural fact about the verification, not a judgment on the issuer.
Which DAI contract is canonical, and how do I confirm I have the right one?
DAI is a crypto-collateralized token issued by Sky (formerly MakerDAO) at 0x6b175474e89094c44da98b954eedeac495271d0f on Ethereum. A look-alike token can copy any name or symbol, so only the address is identity: confirm you are reading the canonical contract above before trusting any supply or reserve figure.
Run this on DAI yourself, or get a signed record of it.
The check above is free and live. Paste DAI's address into the free tool to read it interactively, or get a machine-signed, point-in-time read of this exact address in about two minutes, that anyone you forward it to can verify in three lines without trusting you.
The $29 read is signed instantly on the page after you pay in USDC on Base: no email, no wait. It signs public on-chain bytes only (supply, decimals, and symbol at a block), not a solvency opinion and not a claim about who controls the address.
Other crypto-collateralized tokens
Or browse every stablecoin we cover, each with its own live read and verdict, or paste any address into the free tool.
Kerne is infrastructure and a service provider, not an auditor, a rating agency, a custodian, or an investment adviser. This page reads public on-chain data and names publicly disclosed transparency methods. It is not an audit, a solvency or credit opinion, a recommendation, or any form of investment, legal, tax, or accounting advice, and the appearance of DAI is not an endorsement. Reserve-transparency descriptions are sourced from Sky (formerly MakerDAO)'s public disclosures and, where the token is listed there, the Kerne synthetic-dollar scorecard, cross-verified June 29 to July 1, 2026; verify at the canonical sites. Kerne is not affiliated with Sky (formerly MakerDAO) or any attestor named here. Page reviewed 2026-07-01. Last updated July 1, 2026.