Mai Stablecoin (Base)

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• Asset Type: ERC-20

• Fully Diluted Valluation: $2.5M
• Total Supply: 2,550,002
• Volume (24H): $93.4K
• ATH: $4.22 (10/23/2024)
• ATL: $0.39 (06/18/2025)

MAI is a low-cap, fully collateralized asset. This asset is exposed to the underlying risks of MAI (QiDAO), a protocol rated as Watch out.

MAI is a stablecoin that trades within 50bps of its peg to USD, which makes it a less volatile store of value.

QiDAO

MAI has an uncapped supply but has inflation control or burn mechanisms in place. Qi Dao employs a similar mechanism to Maker's Peg Stability Module (PSM) called Anchor to maintain MAI stability. The Anchor is a decentralized exchange that allows users to swap USD stablecoins for MAI at a 1:1 rate. This is another important peg stability factor as it provides liquidity around the peg.