A dollar of $DAI fetched as little as $0.9881 on one venue in a 10 minute snapshot of three exchanges.
None of the three had it at par. The best quote was $0.9999 and the median $0.9941, so anyone selling on these venues received less than a dollar for each coin.
These are prices on individual venues, not a reading of redemptions. A venue level discount like this does not by itself mean the stablecoin's backing is in question.
None of the three had it at par. The best quote was $0.9999 and the median $0.9941, so anyone selling on these venues received less than a dollar for each coin.
These are prices on individual venues, not a reading of redemptions. A venue level discount like this does not by itself mean the stablecoin's backing is in question.
