XDAI (XDAI)
CryptoScore Pro global score : 64/100 (computed on 2026-10-30)
xDAI is a USD-pegged stablecoin and the native token of the xDai (now Gnosis Chain) blockchain, a Layer 2 scaling solution for Ethereum designed to deliver near-instant, low-cost transactions while maintaining Ethereum’s security guarantees. Positioned as a bridge between Ethereum’s mainnet and its decentralized finance (DeFi) ecosystem, xDAI operates as a fully collateralized stablecoin, where each token is backed 1:1 by DAI locked in a two-way bridge, ensuring price stability and trustless minting/burning mechanics. Unlike traditional stablecoins, xDAI’s utility extends beyond payments—it serves as gas for transactions, collateral for lending protocols, and a governance token within the Gnosis Chain ecosystem, which has evolved from the original PoA Network’s proof-of-authority model to a fully decentralized proof-of-stake chain. This dual role as both a stablecoin and a platform token makes xDAI uniquely positioned in the DeFi space, catering to developers, traders, and yield farmers seeking Ethereum compatibility without the high fees or congestion of Layer 1. The project’s significance lies in its ability to provide a stable, scalable foundation for DeFi applications,…
Scores by pillar
| Technology | 53/100 |
|---|---|
| Tokenomics | 73/100 |
| Team | 35/100 |
| Adoption | 80/100 |
| Liquidity | 53/100 |
| Compliance | 75/100 |
Market data
| Price | $0.998 |
|---|---|
| Market cap | $41.51M |
| 24h volume | $503,177.12 |
| Market cap rank | #571 |
| 24h change | -0.18% |
| 7d change | -0.19% |
| Blockchain | Gnosis Chain (Layer 2 on Ethereum) |
| Sector | Stablecoin | Smart Contract Platform | Decentralized Finance (DeFi) |
Analysis
XDAI relies on a two-way bridge that locks DAI to maintain its peg. This stablecoin operates on Gnosis Chain, a layer-2 solution, meaning a network optimizing Ethereum. The token serves as gas, network fees for validating transactions, and as collateral for loans.