Commerce · alternatives · 2026

24 alternatives to Dai by MakerDAO

Ethereum's first & only decentralized stablecoin

Below are 24 products that do a similar job, ranked by how close each is in meaning and then by launch-day votes. Dai by MakerDAO launched in 2018; newer entries below may have overtaken it.

1
Oasis Direct▲70
A decentralized, instant cryptocurrency exchange 💸
2018 · its alternatives →
2
Monero▲124
A private digital currency
2018 · getmonero.org · its alternatives →
3
Coinbase Earn (Dai)▲6
Learn Dai, Earn Dai
2019 · coinbase.com · its alternatives →
4
Settle▲71
Intuitive OS for Decentralized Finance on Ethereum
2018 · settle.finance · its alternatives →
5
Decentralized Stablecoin Development▲6
Oracle-Integrated Decentralized Peg Mechanism
2025 · kryptobees.com · its alternatives →
6
Nuo Lend▲71
Lend and borrow crypto currencies transparently
2018 · lend.getnuo.com · its alternatives →
7DP
Dharma – Programmable Peer-To-Peer Loans Using Ethereum Smart Contracts▲156
Hey HN! My name's Nadav Hollander, and I'm the Founder of Dharma. Dharma is building an open-source library that makes it really easy to programatically borrow and lend cryptocurrencies using smart contracts on the Ethereum blockchain. Today we're launching our Alpha Testnet release -- a command line tool that allows you to 1. Access a line of cryptocurrency credit from the command line in under 5 minutes 2. Easily build a bot that auto-invests in loans under hyper-customizable, programmable criteria Check it out: https://github.com/dharmaprotocol/dharma-cli Why I Think…
2017 · its alternatives →
8
Dappy Coin▲87
A fun introduction to cryptocurrencies and Ethereum
2018 · its alternatives →
9
Native apps for the browser▲152
Arc is a stablecoin-native Layer-1 blockchain providing a foundation for stablecoins, tokenized assets, economic contracts, and onchain markets. Build on Arc.
2013 · arc.io · its alternatives →
10
MCDEX▲60
Decentralized exchange for perpetuals
2020 · its alternatives →
11
dYdX▲92
Start trading on #DeFi with low fees and up to 25× leverage
2021 · dydx.xyz · its alternatives →
12
ETHLend▲79
Decentralized P2P marketplace to borrow against BTC, ETH
2019 · aave.com · its alternatives →
13
Sovryn▲69
Decentralized Bitcoin trading and lending platform
2020 · sovryn.app · its alternatives →
14
notes.finance▲69
The decentralised exchange for interest-earning stablecoins
2021 · its alternatives →
15
0x Portal▲97
A dApp for user on-boarding, education and DEX discovery.
2018 · 0x.org · its alternatives →
16
Balanced▲79
DeFi designed for adoption. Borrow, swap, and supply assets.
2021 · balanced.network · its alternatives →
17OF
Our first Ethereum dapp is live, let us know what you think▲13
2017 · dapps.ethercasts.com · its alternatives →
18
Structured▲64
Convert your Ether into fixed income structured products.
2019 · structuredeth.com · its alternatives →
19
Shit Stablecoin▲79
How unstable can you make a stablecoin?
2019 · its alternatives →
20
Bank of Hodlers, Asset-backed Lending▲6
Earn interest on your Crypto-deposits
2019 · its alternatives →
21
dYdX▲6
The most powerful open trading platform for crypto assets
2019 · dydx.xyz · its alternatives →
22
Decentralized Poker on Ethereum Built with React, Node and Lambda▲7
Her skal du få alt du trenger å vite om spill og glede på norske casino! Vi gir deg bonus, spill, info og tips. Vinn mer cash og bonus på casino med oss!
2017 · acebusters.com · its alternatives →
23
Stablecoins.WTF – Live-Dashboard and Content about Crypto Stablecoins▲17
Track live market data of crypto stablecoins pegged to USD & EUR. Learn about mechanisms: algorithmic, crypto-backed, and fiat-backed.
2022 · stablecoins.wtf · its alternatives →
24
DLTPAY▲15
Web3 & Stablecoin Payments for Business
2023 · dltpay.com · its alternatives →

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Ranked by how close each launch is in meaning, then by votes. Prices were read from each product’s own site when checked and can change. Refine with your own description →