You send: Dai
Dai is a dollar-pegged stablecoin issued by the Maker protocol and backed by on-chain collateral rather than by a company holding reserves. It is an ERC20 token, so sending it costs Ethereum gas. More about Dai.
On this pair it moves over ERC20 — an address there starts with 0x — 42 characters.
DAI also exists on other networks — different addresses, not interchangeable: Arbitrum, BEP20, Optimism, Polygon.


