MAI (MAI) stablecoin analytics
MAI is QiDao's overcollateralized stablecoin minted against crypto vault collateral across 15 chains; currently in a sustained soft depeg below $0.99.
Static Profile
Static stablecoin profile
MAI (MAI) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated May 15, 2026
QiDao's long-running overcollateralized stablecoin minted against crypto vaults across multiple EVM chains; resilience depends on collateral quality, liquidations, and governance rather than an issuer balance sheet. MAI is the long-running QiDao overcollateralized stablecoin...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- Overcollateralized crypto vault collateral across QiDao markets, including bridged and wrapped assets
- Peg Mechanism
- Borrowers mint MAI against overcollateralized vault positions and repay or liquidate through QiDao market rules
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Snippet Answer
Is MAI safe?
Pharos does not mark MAI as absolutely safe. Static metadata says MAI uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety mai-qidao
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 15, 2026.
MAI quick answers
What is MAI (MAI)?
MAI is QiDao's overcollateralized stablecoin minted against crypto vault collateral across 15 chains; currently in a sustained soft depeg below $0.99. The static profile records its US Dollar peg mechanism as: Borrowers mint MAI against overcollateralized vault positions and repay or liquidate through QiDao market rules
What backs MAI?
Pharos classifies MAI backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized crypto vault collateral across QiDao markets, including bridged and wrapped assets Reserve evidence: live reserve feed configured.
Can MAI be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for MAI, when applicable, appear in the dossier below.