---
# System prepended metadata

title: 'State of Dai: May 10th - 16th, 2022'
tags: [State of Dai]

---

---
tags: State of Dai
---

# State of Dai: May 10th - 16th, 2022

![](https://i.imgur.com/WBZuvz0.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/HiDtRmM47_State_of_Dai_May_10_16_2022)

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

- After the downturn this last week, :eyes: at that snapback to peg. Tim is dubbing this "tourniquet Thursday" because he wants the bleeding to stop.

![24 hour versus 7 day](https://i.imgur.com/e5J5sf9.png)

- Over the last week DAI max and min $1.12 <-> $.81.

![A wee spike on Curve](https://i.imgur.com/b9bWS4e.png)

- We've written about Curve as a settlement layer before, but how about 2 billion in trading to make the point. This is 3pool, on just Thursday.

![](https://i.imgur.com/MCak1mC.png)

- 4 billion in real volume, according to Messari. Busy week.

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

- DAI is supply-managed well but is still on the decline following the broader market. TVL is still in double digits at 10.6 billion. Overall collateralization is trending safer at 166%.

![PSM chart looks like a rollercoaster](https://i.imgur.com/6maZkUi.png)

- 2.8 billion in the PSM, large outflows are not a surprise to anyone – we hope. If you went on vacation, maybe don't check your phone?

![Vault changes](https://i.imgur.com/cpiFjwH.png)

- On a weekly granular level, unwinding is led by premier assets like ETH-A, ETH-C, and WBTC-A. There are still almost 2000 ETH-A vaults, so these are healthy users taking care and protecting against liquidations. 

![Liquidations tiny only 30MM](https://i.imgur.com/2VIIi8Z.png)

- While 200 billion in overall crypto wealth evaporated,  liquidations were orderly and efficient. There were three million in fees, 30 million in debt auctioned, and 15 unique keepers/takers.

![Net burn](https://i.imgur.com/CvadfLn.png)

- Net burn this week of 876 million.

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

![Vaults at risk](https://i.imgur.com/ikVPHXz.png)

- Vaults at risk by bucket, mostly moving towards medium and low risk.

![Risky debt at 1.73](https://i.imgur.com/DMEgoMh.png)

- Low risk gets slammed with another 23% down candle.

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

### We Are ![](https://i.imgur.com/RLh5njq.png)aing for Your Feedback

*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
