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Ethereum · ERC-20

Is DAI Safe? Dai Stablecoin Risk Overview

Decentralized, collateral-backed US dollar stablecoin from the Maker/Sky protocol.

Contract Identity

Token
Dai Stablecoin (DAI)
Chain
Ethereum
Standard
ERC-20
Decimals
18
Contract
0x6B175474E89094C44Da98b954EedeAC495271d0F

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This is an editorial token overview, not a scan report or safety rating. Open Sentinel with this address and chain to request a scan. Check the report timestamp and any unavailable checks before relying on its results.

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Key Risk Considerations

  • Authorized protocol modules control minting; review the current authorization and governance configuration.
  • Collateral-backed rather than fiat-reserved; carries the risk profile of its underlying collateral.
  • Source verified on-chain; long operating history.

What a Sentinel Scan Checks

Honeypot signals

Checks third-party honeypot, sell-restriction, and transfer-tax signals.

Holder concentration

Measures top-wallet concentration when coherent provider evidence is available.

Liquidity depth

Examines same-chain DEX liquidity, pool age, and pool composition.

Owner permissions

Checks available indicators of owner, mint, pause, blacklist, and fee controls.

Proxy pattern

Checks provider and source indicators of upgradeable proxy contracts.

Source availability

Checks explorer-verified source and ABI availability; does not independently recompile bytecode.