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About Polygon PoS Bridged DAI (Polygon POS)
Analysis of 10 Feb 2026Polygon PoS Bridged DAI is the cross-chain representation of Sky Protocol's (formerly MakerDAO) decentralized stablecoin, locked 1:1 in the Polygon PoS bridge on Ethereum mainnet. As of February 10, 2026, the token maintains $619.54M onchain market cap with 2,607,707 holders and 619.57M circulating supply on Polygon.
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The underlying DAI stablecoin demonstrates exceptional peg stability at $0.9998 with $125.45M daily trading volume, backed by Sky Protocol's $5.37B global market cap and $4.6B total value locked in Sky Lending. Tokenized real-world assets exceed $230B industry-wide (69% growth since 2024), with Sky Protocol integrating RWA collateral including U.S.
Treasuries worth approximately $5.6B in the tokenized treasury market. Following February 2025 Aave governance vote, Aave essentially halted lending on Polygon by setting bridged stablecoin LTV to 0%, eliminating $300M+ TVL and reducing DAI's utility to DEX trading.
Cross-chain bridge security remains the primary concern, with over $2.8B lost to bridge hacks representing 40% of all Web3 exploits through 2026, positioning Polygon PoS Portal's $1.3B+ stablecoin holdings as a persistent attack surface.
