Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 2.07% | 0.12% | 3.36% | 2.87% | 7.39% | 15.01% |
Revenue & Burn
Protocol income
$0Buyback funds
$0Burn funds
--Buyback ratio
--Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Oct 2026 | $0 | $0 | -- | -- |
| Sep 2026 | $0 | $0 | -- | -- |
| Aug 2026 | $0 | $0 | -- | -- |
| Jul 2026 | $0 | $0 | -- | -- |
| Jun 2026 | $0 | $0 | -- | -- |
| May 2026 | $0 | $0 | -- | -- |
Comparison
Team
On-chain Holding
| Holding Token | Price | Amount | Total Value |
|---|---|---|---|
| No Data | |||
Top Holders
| Address | Token | Quantity | Percentage | Value |
|---|---|---|---|---|
| Balancer: Vault (f2c8) |   QI | 81,032,976.95 | 40.52% | $469.93K |
| Mai Finance: Manager1 (f436) | QI | 61,652,011.33 | 30.83% | $357.53K |
| 0xd3fd...d7d7 | QI | 28,942,745.35 | 14.47% | $167.84K |
Follow Updates
Follow Lists
People
About QiDao
QiDao is a decentralized overcollateralized stablecoin protocol deployed on Polygon, and one of the earliest native stablecoin projects on Polygon. Users deposit crypto assets into Vaults as collateral and can mint MAI, a stablecoin softly pegged to USD, at 0% interest; repayment only incurs a one-time fee. The protocol is governed by QI token holders and has expanded to multiple chains.
Its core narrative is "zero-interest borrowing + yield-bearing collateral": users gain liquidity without selling assets, and can use interest-bearing receipts such as Beefy and Yearn as collateral, continuing to earn yield while borrowing. This addresses pain points such as idle capital, high borrowing costs, and reliance on bridged assets for cross-chain stablecoins.
On the negative side, the 2023 Multichain incident damaged part of the collateral, creating about $668,000 in bad debt; in February 2024, the community voted to burn treasury assets to clear it, and later introduced a Peg Stability Module to help stabilize MAI.
Regarding developments from March to September 2026, no reliable information is available in public sources.
Benjamin (Founder, Twitter: https://x.com/Benjamin918_)
No reliable information available for other co-founders or core executives.