---
# System prepended metadata

title: 'State of Dai: April 5th - April 11, 2022'
tags: [State of Dai]

---

---
tags: State of Dai
---

# State of Dai: April 5th - April 11, 2022

![](https://i.imgur.com/dZmYlVE.png)

*Hi everyone, thanks for checking out the State of Dai. Now separate from the Weekly Relay with the objective to scale and improve all the information you need for your Dai escapades!*

> The public PDF version is available [here.](https://pdfhost.io/v/SNbhTtyRu_State_of_Dai__April_5th_April_11th_2022)

![Peg](https://i.imgur.com/HbTCCKQ.png)

- ETH market this week has been wobbly. Especially in the past 24 hours. DAI was mostly trading at a premium if out of peg. 

![](https://i.imgur.com/SwKaEIs.png) 

-  Max/Min from Uniswap v2, which is no surprise though certainly less exciting than last week.

![DAI Supply](https://i.imgur.com/zas82D7.png)

- DAI supply continues to a slight reduction. However, generated collateral continues to diversify away from PSM-USDC. Average collateralization is 159% at the time of writing.
 
![Vault changes](https://i.imgur.com/RQK7mki.png)

- ETH-A outflows and staked ETH inflows over the last week. ETH-C continues to climb up the total vault count chart.

![Maker in the whole market](https://i.imgur.com/x4x47f4.png)

- Holistically, we control less of the WBTC market this week but a still dominant on ETH. 

![Organic Demand is up](https://i.imgur.com/B6VSnps.png)

- Net Organic Demand is up over the week across multiple vault types. 

![Borrow/repay](https://i.imgur.com/tJaRsih.png)

- Another week of net burns and refinancing (-) 66 million. 

[Visit Makerburn](https://makerburn.com/#/rundown) for an up-to-the-minute breakdown.

![Where is DAI?](https://i.imgur.com/wOdTkVH.png)

Curious where DAI goes? @makerburn [released a page](https://makerburn.com/#/holders/dai/) full of fun rabbit holes to explore. 

![Liquidation breakdown per drop](https://i.imgur.com/R8Mc0z1.png)

- With recent drops across the market, liquidations start to get hairy at ~18% price drops. 

![Jump in liquidated amounts](https://i.imgur.com/kdo6xgf.png)

- You can see when low-risk vaults get affected per bucket on the drop. 

![One big vault with14K ETH collateral at risk](https://i.imgur.com/kANuI0i.png)

- In a max pain scenario, one of the biggest ETH-A vaults would be hypothetically at risk. 
 
![Big vault history means they are on top](https://i.imgur.com/zfb7hmz.png) 

- But, a look at the history suggests active management. WAGMI.

[daistats.com](daistats.com) | [makerburn.com](makerburn.com) | [maker.blockanalitica.com](maker.blockanalitica.com)

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*Disclaimer: This update is assembled by a group of contributing members in the MakerDAO community. This does not serve as financial advice or an inducement to vote in any specific way. This update is for information and communication purposes only.*

#### Credit

@twblack88