On May 9, MakerDAO officials stated that the supply of DAI has surged by nearly 1 billion in the past two months.
After SparkLend adjusted the Stability rate and DAI borrowing APY, and the DSR rate increased, the DAI supply increased from 4.4 billion to 5.4 billion in 60 days.
In addition to supply growth, DAI set a new record in April, with on-chain transaction volume reaching $636.72 billion, making it the stablecoin with the largest monthly on-chain transaction volume.