{"id":"polygon-pos-bridged-dai","title":"Polygon PoS Bridged DAI","content":"**Polygon PoS Bridged DAI** (DAI) is a [stablecoin](https://iq.wiki/wiki/stablecoin) that functions as a trustless, two-way transaction channel between the [Polygon](https://iq.wiki/wiki/polygon) [Proof-of-Stake (PoS)](https://iq.wiki/wiki/proof-of-stake) network and the [Ethereum](https://iq.wiki/wiki/ethereum) [blockchain](https://iq.wiki/wiki/blockchain). [\\[1\\]](#cite-id-ZfXaoj7AdO)\n\n## Overview\n\nPolygon PoS Bridged [DAI](https://iq.wiki/wiki/dai) serves as a crucial component within the [Polygon](https://iq.wiki/wiki/polygon) ecosystem. The primary function of Polygon PoS Bridged [DAI](https://iq.wiki/wiki/dai) is to allow the [DAI](https://iq.wiki/wiki/dai) stablecoin, originally issued on [Ethereum](https://iq.wiki/wiki/ethereum) by [MakerDAO](https://iq.wiki/wiki/makerdao), to be utilized on the [Polygon](https://iq.wiki/wiki/polygon) network. This interoperability is vital for [decentralized finance (DeFi)](https://iq.wiki/wiki/defi) applications and other protocols operating on [Polygon](https://iq.wiki/wiki/polygon), as it provides a stable medium of exchange and a reliable store of value within that environment. By bridging [DAI](https://iq.wiki/wiki/dai), users can participate in [Polygon](https://iq.wiki/wiki/polygon)-based [DeFi](https://iq.wiki/wiki/defi) activities, such as lending, borrowing, and yield farming, without needing to convert their [stablecoin](https://iq.wiki/wiki/stablecoin) holdings into other assets, thereby reducing friction and potential slippage [\\[1\\]](#cite-id-ZfXaoj7AdO).\n\n## Tokenomics\n\n* **Market Capitalization:** The total market value of [Polygon](https://iq.wiki/wiki/polygon) PoS Bridged [DAI](https://iq.wiki/wiki/dai)'s circulating supply is approximately $387,626,087\n* **Total Supply:** The total number of [DAI](https://iq.wiki/wiki/dai) tokens that have been created, minus any tokens that have been permanently removed from circulation (burned), stands at 387,626,087  [\\[1\\]](#cite-id-ZfXaoj7AdO)\n\n## Trading Platforms\n\nPolygon PoS Bridged DAI tokens are primarily traded on [decentralized exchanges (DEXs)](https://iq.wiki/wiki/decentralized-exchange) within the [Polygon](https://iq.wiki/wiki/polygon) ecosystem.\n\n* **Uniswap V3 (Polygon):** This is one of the most popular platforms for trading [DAI](https://iq.wiki/wiki/dai) on [Polygon](https://iq.wiki/wiki/polygon). The DAI/USDT pair on Uniswap V3 ([Polygon](https://iq.wiki/wiki/polygon)) has historically shown significant trading volume, indicating its liquidity and widespread use\n* **Uniswap V4 (Polygon):** Another iteration of the Uniswap protocol on [Polygon](https://iq.wiki/wiki/polygon), supporting various trading pairs including DAI/USDT and USDC/DAI\n* **Quickswap (v3):** A leading DEX on [Polygon](https://iq.wiki/wiki/polygon), Quickswap also offers multiple trading pairs for [DAI](https://iq.wiki/wiki/dai), such as USDC/DAI, DAI/USDT, and USDC.E/DAI, contributing to its overall liquidity\n* **Balancer V2:** While not explicitly detailed in the provided data, [Balancer](https://iq.wiki/wiki/balancer) V2 is mentioned as one of the decentralized exchanges where [Polygon](https://iq.wiki/wiki/polygon) PoS Bridged [DAI](https://iq.wiki/wiki/dai) can be traded\n* **W-DEX (Polygon):** This platform also lists trading pairs involving [DAI](https://iq.wiki/wiki/dai), such as DAI/WPOL [\\[1\\]](#cite-id-ZfXaoj7AdO)","summary":"Polygon PoS Bridged DAI (DAI) is a trustless two-way transaction channel between Polygon PoS and Ethereum, enabling token transfers without third-party risks. It is a stablecoin traded on decentralized exchanges like Quickswap and Uniswap.","images":[{"id":"QmVA1tbaKVtpWABWKHF8LkGKrBaUMFaMtjKdknrYuBBgvS","type":"image/jpeg, image/png"}],"categories":[{"id":"cryptocurrencies","title":"cryptocurrencies"}],"tags":[{"id":"Stablecoins"},{"id":"Polygon"},{"id":"Protocols"},{"id":"DEXes"},{"id":"Blockchains"}],"media":[{"id":"QmTHB99yziwL8ZyvDsr9y13c3hUsMzFVbDkdV9Ez6GfGi7","type":"GALLERY","source":"IPFS_IMG"},{"id":"QmVStMg7e4pHKKbbp7H3YNnDXsCEWZr3BxAMoo7zHjxzgW","type":"GALLERY","source":"IPFS_IMG"},{"id":"QmcCAbKX1gQZ5A7nmWU9qqe34ZRkUjHAptHk9MMUyH9jtj","type":"GALLERY","source":"IPFS_IMG"},{"id":"QmTSBsTs2PEKqEzej4ijPgWx5CL4LdkFhciYiZpCBLnZUe","type":"GALLERY","source":"IPFS_IMG"},{"id":"QmZNeNTMEWM1YopY1yQHTPMpG2ET83UNiAX9PnN78gNrM1","type":"GALLERY","source":"IPFS_IMG"}],"metadata":[{"id":"references","value":"[\n  {\n    \"id\": \"ZfXaoj7AdO\",\n    \"url\": \"https://www.coingecko.com/en/coins/polygon-pos-bridged-dai-polygon-pos\",\n    \"description\": \"Polygon PoS Bridged DAI overview\",\n    \"timestamp\": 1753044213278\n  },\n  {\n    \"id\": \"9OYsDQ1fj7\",\n    \"url\": \"https://www.coingecko.com/learn/what-is-fully-diluted-valuation-fdv-in-crypto\",\n    \"description\": \"Fully Diluted Valuation explanation\",\n    \"timestamp\": 1753044213278\n  },\n  {\n    \"id\": \"chDGFj6ySV\",\n    \"url\": \"https://www.coingecko.com/en/methodology\",\n    \"description\": \"CoinGecko methodology\",\n    \"timestamp\": 1753044213278\n  },\n  {\n    \"id\": \"3ydjLngtBw\",\n    \"url\": \"https://www.coingecko.com/learn/complete-beginners-guide-to-metamask\",\n    \"description\": \"MetaMask beginner's guide\",\n    \"timestamp\": 1753044213278\n  }\n]"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/polygon-pos-bridged-dai-polygon-pos"},{"id":"polygonscan","value":"https://polygonscan.com/token/0x8f3cf7ad23cd3cadbd9735aff958023239c6a063"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/QmSaUd7YX9eVsAgQQDh3SRAFtovX5qZsL3UBaME7zNaMHS\""},{"id":"commit-message","value":"\"Content update: Removed 'Token Launch Date' event from the article's timeline and updated its content ID.\""},{"id":"previous_cid","value":"QmSaUd7YX9eVsAgQQDh3SRAFtovX5qZsL3UBaME7zNaMHS"}],"events":[],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"language":"en","version":1,"linkedWikis":{"blockchains":["polygon","ethereum"],"founders":["anon"],"speakers":[]}}