diff --git a/README.md b/README.md
index 09137b986..e5769d5ed 100644
--- a/README.md
+++ b/README.md
@@ -206,10 +206,6 @@ Protocol
   --epoch-subgraph-endpoint    Endpoint to query epoch start blocks from
                                                              [string] [required]
 
-Cost Models
-  --inject-dai  Inject the GRT to DAI/USDC conversion rate into cost model
-                variables                              [boolean] [default: true]
-
 Postgres
   --postgres-host      Postgres host                         [string] [required]
   --postgres-port      Postgres port                    [number] [default: 5432]
@@ -238,9 +234,6 @@ Query Fees
 Options:
   --version             Show version number                            [boolean]
   --help                Show help                                      [boolean]
-  --dai-contract        Address of the DAI or USDC contract to use for the
-                        --inject-dai conversion rate
-                [string] [default: "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48"]
   --offchain-subgraphs  Subgraphs to index that are not on chain
                         (comma-separated)                  [array] [default: []]
 ```
diff --git a/docs/networks/arbitrum-one.md b/docs/networks/arbitrum-one.md
index 699ee2150..b3a666fa5 100644
--- a/docs/networks/arbitrum-one.md
+++ b/docs/networks/arbitrum-one.md
@@ -45,7 +45,6 @@ Other network contracts can be found in [graphprotocol/contracts](https://github
 | `INDEXER_AGENT_MNEMONIC`                    | `--mnemonic`                    | Ethereum mnemonic for mainnet operator                                                                                    |
 | `INDEXER_AGENT_NETWORK_SUBGRAPH_DEPLOYMENT` | `--network-subgraph-deployment` | [![Dynamic JSON Badge](https://img.shields.io/badge/dynamic/json?url=https%3A%2F%2Fthegraph.com%2Fexplorer%2F_next%2Fdata%2F5PBypsdmUEy39BcWLsyp0%2Fsubgraphs%2FDZz4kDTdmzWLWsV373w2bSmoar3umKKH9y82SUKr5qmp.json%3Fview%3DAbout%26chain%3Darbitrum-one%26id%3DDZz4kDTdmzWLWsV373w2bSmoar3umKKH9y82SUKr5qmp&query=%24.pageProps.subgraph.currentVersion.subgraphDeployment.ipfsHash&label=deployment-id)](https://thegraph.com/explorer/subgraphs/DZz4kDTdmzWLWsV373w2bSmoar3umKKH9y82SUKr5qmp)   |
 | `INDEXER_AGENT_NETWORK_SUBGRAPH_ENDPOINT`   | `--network-subgraph-endpoint`   | `https://gateway-arbitrum.network.thegraph.com/api/[api-key]/subgraphs/id/DZz4kDTdmzWLWsV373w2bSmoar3umKKH9y82SUKr5qmp`   |
-| `INDEXER_AGENT_DAI_CONTRACT`                | `--dai-contract`                | TBD                                                                                                                       |
 | `INDEXER_AGENT_GATEWAY_ENDPOINT`            | `--gateway-endpoint`            | `https://gateway-arbitrum.network.thegraph.com/`                                                                          |
 | `INDEXER_AGENT_GAS_PRICE_MAX`               | `--gas-price-max`               | `50`                                                                                                                      |
 | `INDEXER_AGENT_EPOCH_SUBGRAPH_ENDPOINT`     | `--epoch-subgraph-endpoint`     | `https://gateway-arbitrum.network.thegraph.com/api/[api-key]/subgraphs/id/4KFYqUWRTZQ9gn7GPHC6YQ2q15chJfVrX43ezYcwkgxB`   |
diff --git a/docs/networks/arbitrum-sepolia.md b/docs/networks/arbitrum-sepolia.md
index f1f654862..8266b9aab 100644
--- a/docs/networks/arbitrum-sepolia.md
+++ b/docs/networks/arbitrum-sepolia.md
@@ -51,7 +51,6 @@ testnet (for now) are Mainnet subgraphs. This means:
 | `INDEXER_AGENT_MNEMONIC`                    | `--mnemonic`                    | Ethereum mnemonic for testnet operator                                                                                  |
 | `INDEXER_AGENT_NETWORK_SUBGRAPH_DEPLOYMENT` | `--network-subgraph-deployment` | `QmXnGVrg6DvscnvJd86aHAPLGyGrkM17weMrAsFAEMmQLL`                                                                        |
 | `INDEXER_AGENT_NETWORK_SUBGRAPH_ENDPOINT`   | `--network-subgraph-endpoint`   | `https://gateway-arbitrum.network.thegraph.com/api/[api-key]/subgraphs/id/3xQHhMudr1oh69ut36G2mbzpYmYxwqCeU6wwqyCDCnqV` |
-| `INDEXER_AGENT_DAI_CONTRACT`                | `--dai-contract`                | `0x9e7e607afd22906f7da6f1ec8f432d6f244278be` (GDAI)                                                                     |
 | `INDEXER_AGENT_GATEWAY_ENDPOINT`            | `--gateway-endpoint`            | `https://gateway-arbitrum.testnet.thegraph.com/`                                                                        |
 | `INDEXER_AGENT_EPOCH_SUBGRAPH_ENDPOINT`     | `--epoch-subgraph-endpoint`     | `https://gateway-arbitrum.network.thegraph.com/api/[api-key]/subgraphs/id/BhnsdeZihU4SuokxZMLF4FQBVJ3jgtZf6v51gHvz3bSS` |
 | `INDEXER_AGENT_TAP_SUBGRAPH_ENDPOINT`       | `--tap-subgraph-endpoint`       | `https://gateway-arbitrum.network.thegraph.com/api/[api-key]/subgraphs/id/7ubx365MiqBH5iUz6XWXWT8PTof5BVAyEzdb8m17RvbD` |
diff --git a/docs/networks/config-examples/arbitrum-sepolia-indexer-agent-config.yaml b/docs/networks/config-examples/arbitrum-sepolia-indexer-agent-config.yaml
index 3b88c63fd..049025f69 100644
--- a/docs/networks/config-examples/arbitrum-sepolia-indexer-agent-config.yaml
+++ b/docs/networks/config-examples/arbitrum-sepolia-indexer-agent-config.yaml
@@ -31,6 +31,3 @@ transactionMonitoring:
   gasIncreaseTimeout: 90
   gasIncreaseFactor: 1.5
   maxTransactionAttempts: 20
-dai:
-  contractAddress: '0x9e7e607afd22906f7da6f1ec8f432d6f244278be'
-  inject: true
diff --git a/docs/networks/config-examples/sepolia-indexer-agent-config.yaml b/docs/networks/config-examples/sepolia-indexer-agent-config.yaml
index 9fc03fb13..b76aedd10 100644
--- a/docs/networks/config-examples/sepolia-indexer-agent-config.yaml
+++ b/docs/networks/config-examples/sepolia-indexer-agent-config.yaml
@@ -29,6 +29,3 @@ transactionMonitoring:
   gasIncreaseTimeout: 90
   gasIncreaseFactor: 1.5
   maxTransactionAttempts: 20
-dai:
-  contractAddress: '0x9e7e607afd22906f7da6f1ec8f432d6f244278be'
-  inject: true
diff --git a/network-configs/config.yaml b/network-configs/config.yaml
index 9651e55a2..65943541d 100644
--- a/network-configs/config.yaml
+++ b/network-configs/config.yaml
@@ -25,6 +25,3 @@ tapAddressBook:
     TAPVerifier: "0xf56b5d582920E4527A818FBDd801C0D80A394CB8"
     AllocationIDTracker: "0xf56b5d582920E4527A818FBDd801C0D80A394CB8"
     Escrow: "0xf56b5d582920E4527A818FBDd801C0D80A394CB8"
-dai:
-  contractAddress: "0x4e8a4C63Df58bf59Fef513aB67a76319a9faf448"
-  inject: false
diff --git a/packages/indexer-agent/README.md b/packages/indexer-agent/README.md
index 7ec9589cf..a0173135d 100644
--- a/packages/indexer-agent/README.md
+++ b/packages/indexer-agent/README.md
@@ -114,10 +114,6 @@ Query Fees
   --gateway-endpoint,                       Gateway endpoint base URL
   --collect-receipts-endpoint                                [string] [required]
 
-Cost Models
-  --inject-dai  Inject the GRT to DAI/USDC conversion rate into cost model
-                variables                              [boolean] [default: true]
-
 Postgres
   --postgres-host       Postgres host                        [string] [required]
   --postgres-port       Postgres port                   [number] [default: 5432]
@@ -137,9 +133,6 @@ Options:
   --help                Show help                                      [boolean]
   --offchain-subgraphs  Subgraphs to index that are not on chain
                         (comma-separated)                  [array] [default: []]
-  --dai-contract        Address of the DAI or USDC contract to use for the
-                        --inject-dai conversion rate
-                [string] [default: "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48"]
 
 ```
 
diff --git a/packages/indexer-agent/package.json b/packages/indexer-agent/package.json
index c3068d39c..06bf40bbb 100644
--- a/packages/indexer-agent/package.json
+++ b/packages/indexer-agent/package.json
@@ -32,7 +32,6 @@
     "@graphprotocol/common-ts": "2.0.11",
     "@graphprotocol/indexer-common": "^0.21.9",
     "@thi.ng/heaps": "^1.3.1",
-    "@uniswap/sdk": "3.0.3",
     "axios": "0.26.1",
     "bs58": "5.0.0",
     "delay": "^5.0.0",
diff --git a/packages/indexer-agent/src/commands/start.ts b/packages/indexer-agent/src/commands/start.ts
index 3dc90e9e3..08dc0a5ff 100644
--- a/packages/indexer-agent/src/commands/start.ts
+++ b/packages/indexer-agent/src/commands/start.ts
@@ -26,7 +26,6 @@ import {
   specification as spec,
 } from '@graphprotocol/indexer-common'
 import { Agent } from '../agent'
-import { startCostModelAutomation } from '../cost'
 import { createSyncingServer } from '../syncing-server'
 import { injectCommonStartupOptions } from './common-options'
 import pMap from 'p-map'
@@ -235,13 +234,6 @@ export const start = {
         default: 100,
         group: 'Query Fees',
       })
-      .option('inject-dai', {
-        description:
-          'Inject the GRT to DAI/USDC conversion rate into cost model variables',
-        type: 'boolean',
-        default: false,
-        group: 'Cost Models',
-      })
       .option('address-book', {
         description: 'Graph contracts address book file path',
         type: 'string',
@@ -257,13 +249,6 @@ export const start = {
         type: 'number',
         default: 3600,
       })
-      .option('dai-contract', {
-        description:
-          'Address of the DAI or USDC contract to use for the --inject-dai conversion rate',
-        type: 'string',
-        // Default to USDC
-        default: '0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48',
-      })
       .option('register', {
         description: 'Whether to register the indexer on chain',
         type: 'boolean',
@@ -394,11 +379,6 @@ export async function createNetworkSpecification(
     },
   }
 
-  const dai = {
-    contractAddress: argv.daiContractAddress,
-    inject: argv.injectDai,
-  }
-
   const networkProvider = {
     url: argv.networkProvider,
     pollingInterval: argv.ethereumPollingInterval,
@@ -441,12 +421,6 @@ export async function createNetworkSpecification(
     }
   }
 
-  if (chainId !== 1 && dai.inject) {
-    throw new Error(
-      `The DAI injection feature for cost models is only supported on Ethereum Mainnet`,
-    )
-  }
-
   const tapAddressBook = loadFile(argv.tapAddressBook)
 
   try {
@@ -459,7 +433,6 @@ export async function createNetworkSpecification(
       networkProvider,
       addressBook: argv.addressBook,
       tapAddressBook,
-      dai,
     })
   } catch (parsingError) {
     displayZodParsingError(parsingError)
@@ -633,16 +606,6 @@ export async function run(
   })
   logger.info(`Successfully launched indexer management API server`)
 
-  // --------------------------------------------------------------------------------
-  // * Cost Model Automation
-  // --------------------------------------------------------------------------------
-  await startCostModelAutomation({
-    logger,
-    networks,
-    indexerManagement: indexerManagementClient,
-    metrics,
-  })
-
   // --------------------------------------------------------------------------------
   // * Syncing Server
   // --------------------------------------------------------------------------------
diff --git a/packages/indexer-agent/src/cost.ts b/packages/indexer-agent/src/cost.ts
deleted file mode 100644
index a97677d91..000000000
--- a/packages/indexer-agent/src/cost.ts
+++ /dev/null
@@ -1,118 +0,0 @@
-import { Token, Fetcher, Route } from '@uniswap/sdk'
-import { Gauge } from 'prom-client'
-
-import {
-  Logger,
-  Metrics,
-  NetworkContracts,
-  timer,
-  Address,
-} from '@graphprotocol/common-ts'
-import { IndexerManagementClient, Network } from '@graphprotocol/indexer-common'
-import { Contract, providers } from 'ethers'
-
-interface CostModelAutomationMetrics {
-  grtPerDai: Gauge<string>
-  daiPerGrt: Gauge<string>
-}
-
-const registerMetrics = (metrics: Metrics): CostModelAutomationMetrics => ({
-  grtPerDai: new metrics.client.Gauge({
-    name: 'cost_model_automation_grt_per_dai',
-    help: 'Conversion rate from GRT to DAI',
-    registers: [metrics.registry],
-  }),
-
-  daiPerGrt: new metrics.client.Gauge({
-    name: 'cost_model_automation_dai_per_grt',
-    help: 'Conversion rate from DAI to GRT',
-    registers: [metrics.registry],
-  }),
-})
-
-// Public API
-export interface StartCostModelAutomationOptions {
-  logger: Logger
-  networks: Network[]
-  indexerManagement: IndexerManagementClient
-  metrics: Metrics
-}
-
-// Internal API
-interface CostModelAutomationOptions {
-  logger: Logger
-  ethereum: providers.BaseProvider
-  contracts: NetworkContracts
-  indexerManagement: IndexerManagementClient
-  daiContractAddress: Address
-  metrics: CostModelAutomationMetrics
-}
-
-export const startCostModelAutomation = async ({
-  logger,
-  networks,
-  indexerManagement,
-  metrics,
-}: StartCostModelAutomationOptions): Promise<void> => {
-  logger = logger.child({ component: 'CostModelAutomation' })
-
-  const automationMetrics = registerMetrics(metrics)
-
-  // We could have this run per network but we probably only need to run it for Mainnet
-  const mainnet = networks.find(
-    n => n.specification.networkIdentifier === 'eip155:1',
-  )
-  if (mainnet && mainnet.specification.dai.inject) {
-    await monitorAndInjectDai({
-      logger,
-      ethereum: mainnet.networkProvider,
-      contracts: mainnet.contracts,
-      indexerManagement,
-      metrics: automationMetrics,
-      daiContractAddress: mainnet.specification.dai.contractAddress,
-    })
-  }
-}
-
-const ERC20_ABI = ['function decimals() view returns (uint8)']
-
-const monitorAndInjectDai = async ({
-  logger,
-  ethereum,
-  contracts,
-  indexerManagement,
-  metrics,
-  daiContractAddress,
-}: CostModelAutomationOptions): Promise<void> => {
-  // Identify the decimals used by the DAI or USDC contract
-  const chainId = ethereum.network.chainId
-  const stableCoin = new Contract(daiContractAddress, ERC20_ABI, ethereum)
-  // eslint-disable-next-line @typescript-eslint/no-explicit-any
-  const decimals = await stableCoin.decimals().catch((error: any) => {
-    logger.warn(
-      `Failed to call 'decimals()' on '${daiContractAddress}', defaulting to '18'`,
-      {
-        error,
-      },
-    )
-    return 18
-  })
-
-  const DAI = new Token(chainId, daiContractAddress, decimals)
-  const GRT = new Token(chainId, contracts.token.address, 18)
-
-  // Update the GRT per DAI conversion rate every 15 minutes
-  timer(15 * 60 * 1000).pipe(async () => {
-    const pair = await Fetcher.fetchPairData(GRT, DAI, ethereum)
-    const route = new Route([pair], DAI)
-    const grtPerDai = route.midPrice.toSignificant(18)
-    const daiPerGrt = route.midPrice.invert().toSignificant(18)
-
-    // Observe conversion rate in metrics
-    metrics.daiPerGrt.set(parseFloat(daiPerGrt))
-    metrics.grtPerDai.set(parseFloat(grtPerDai))
-
-    logger.info('Update $DAI variable', { value: grtPerDai })
-    await indexerManagement.setDai(grtPerDai)
-  })
-}
diff --git a/packages/indexer-cli/src/__tests__/indexer/cost.test.ts b/packages/indexer-cli/src/__tests__/indexer/cost.test.ts
index f4963968a..4b08860c7 100644
--- a/packages/indexer-cli/src/__tests__/indexer/cost.test.ts
+++ b/packages/indexer-cli/src/__tests__/indexer/cost.test.ts
@@ -53,23 +53,6 @@ describe('Indexer cost tests singleNetwork', () => {
           timeout: 10000,
         },
       )
-      cliTest(
-        'Indexer cost set variable deployment id - success',
-        [
-          'indexer',
-          'cost',
-          'set',
-          'variables',
-          'QmQ44hgrWWt3Qf2X9XEX2fPyTbmQbChxwNm5c1t4mhKpGt',
-          `'{"DAI": "0.5"}'`,
-        ],
-        'references/indexer-cost-variables-deployment',
-        {
-          expectedExitCode: 0,
-          cwd: baseDir,
-          timeout: 10000,
-        },
-      )
       cliTest(
         'Indexer cost set model deployment id - no arg',
         [
@@ -257,22 +240,5 @@ describe('Indexer cost tests multiNetworks', () => {
         timeout: 10000,
       },
     )
-    cliTest(
-      'Indexer cost set variable deployment id - reject multinetwork mode',
-      [
-        'indexer',
-        'cost',
-        'set',
-        'variables',
-        'QmQ44hgrWWt3Qf2X9XEX2fPyTbmQbChxwNm5c1t4mhKpGt',
-        `'{"DAI": "0.5"}'`,
-      ],
-      'references/indexer-cost-variables-deployment-multinetworks',
-      {
-        expectedExitCode: 1,
-        cwd: baseDir,
-        timeout: 10000,
-      },
-    )
   })
 })
diff --git a/packages/indexer-cli/src/__tests__/references/indexer-cost-all.stdout b/packages/indexer-cli/src/__tests__/references/indexer-cost-all.stdout
index 92b53678f..3b1362a79 100644
--- a/packages/indexer-cli/src/__tests__/references/indexer-cost-all.stdout
+++ b/packages/indexer-cli/src/__tests__/references/indexer-cost-all.stdout
@@ -1,11 +1,7 @@
-┌────────────────────────────────────────────────┬─────────────────────┬────────────────┐
-│ deployment                                     │ model               │ variables      │
-├────────────────────────────────────────────────┼─────────────────────┼────────────────┤
-│ QmQ44hgrWWt3Qf2X9XEX2fPyTbmQbChxwNm5c1t4mhKpGt │ null                │ {              │
-│                                                │                     │   "DAI": "0.5" │
-│                                                │                     │ }              │
-├────────────────────────────────────────────────┼─────────────────────┼────────────────┤
-│ QmZfeJYR86UARzp9HiXbURWunYgC9ywvPvoePNbuaATrEK │ default => 0.00025; │ null           │
-├────────────────────────────────────────────────┼─────────────────────┼────────────────┤
-│ global                                         │ default => 0.00025; │ null           │
-└────────────────────────────────────────────────┴─────────────────────┴────────────────┘
+┌────────────────────────────────────────────────┬─────────────────────┬───────────┐
+│ deployment                                     │ model               │ variables │
+├────────────────────────────────────────────────┼─────────────────────┼───────────┤
+│ QmZfeJYR86UARzp9HiXbURWunYgC9ywvPvoePNbuaATrEK │ default => 0.00025; │ null      │
+├────────────────────────────────────────────────┼─────────────────────┼───────────┤
+│ global                                         │ default => 0.00025; │ null      │
+└────────────────────────────────────────────────┴─────────────────────┴───────────┘
diff --git a/packages/indexer-cli/src/__tests__/references/indexer-cost-deployment-model-only.stdout b/packages/indexer-cli/src/__tests__/references/indexer-cost-deployment-model-only.stdout
index 44c65f562..31d2f0eb9 100644
--- a/packages/indexer-cli/src/__tests__/references/indexer-cost-deployment-model-only.stdout
+++ b/packages/indexer-cli/src/__tests__/references/indexer-cost-deployment-model-only.stdout
@@ -1,5 +1,5 @@
-┌────────────────────────────────────────────────┬───────┐
-│ deployment                                     │ model │
-├────────────────────────────────────────────────┼───────┤
-│ QmQ44hgrWWt3Qf2X9XEX2fPyTbmQbChxwNm5c1t4mhKpGt │ null  │
-└────────────────────────────────────────────────┴───────┘
+┌────────────────────────────────────────────────┬─────────────────────┐
+│ deployment                                     │ model               │
+├────────────────────────────────────────────────┼─────────────────────┤
+│ QmQ44hgrWWt3Qf2X9XEX2fPyTbmQbChxwNm5c1t4mhKpGt │ default => 0.00025; │
+└────────────────────────────────────────────────┴─────────────────────┘
diff --git a/packages/indexer-cli/src/__tests__/references/indexer-cost-deployment-variables-only.stdout b/packages/indexer-cli/src/__tests__/references/indexer-cost-deployment-variables-only.stdout
index b3aaab366..381f6c4bd 100644
--- a/packages/indexer-cli/src/__tests__/references/indexer-cost-deployment-variables-only.stdout
+++ b/packages/indexer-cli/src/__tests__/references/indexer-cost-deployment-variables-only.stdout
@@ -1,7 +1,5 @@
-┌────────────────────────────────────────────────┬────────────────┐
-│ deployment                                     │ variables      │
-├────────────────────────────────────────────────┼────────────────┤
-│ QmQ44hgrWWt3Qf2X9XEX2fPyTbmQbChxwNm5c1t4mhKpGt │ {              │
-│                                                │   "DAI": "0.5" │
-│                                                │ }              │
-└────────────────────────────────────────────────┴────────────────┘
+┌────────────────────────────────────────────────┬───────────┐
+│ deployment                                     │ variables │
+├────────────────────────────────────────────────┼───────────┤
+│ QmQ44hgrWWt3Qf2X9XEX2fPyTbmQbChxwNm5c1t4mhKpGt │ null      │
+└────────────────────────────────────────────────┴───────────┘
diff --git a/packages/indexer-cli/src/__tests__/references/indexer-cost-variables-deployment.stdout b/packages/indexer-cli/src/__tests__/references/indexer-cost-variables-deployment.stdout
index 76f6e1aa5..dbe177262 100644
--- a/packages/indexer-cli/src/__tests__/references/indexer-cost-variables-deployment.stdout
+++ b/packages/indexer-cli/src/__tests__/references/indexer-cost-variables-deployment.stdout
@@ -1,7 +1,5 @@
-┌────────────────────────────────────────────────┬───────┬────────────────┐
-│ deployment                                     │ model │ variables      │
-├────────────────────────────────────────────────┼───────┼────────────────┤
-│ QmQ44hgrWWt3Qf2X9XEX2fPyTbmQbChxwNm5c1t4mhKpGt │ null  │ {              │
-│                                                │       │   "DAI": "0.5" │
-│                                                │       │ }              │
-└────────────────────────────────────────────────┴───────┴────────────────┘
+┌────────────────────────────────────────────────┬─────────────────────┬───────────┐
+│ deployment                                     │ model               │ variables │
+├────────────────────────────────────────────────┼─────────────────────┼───────────┤
+│ QmQ44hgrWWt3Qf2X9XEX2fPyTbmQbChxwNm5c1t4mhKpGt │ default => 0.00025; │ null      │
+└────────────────────────────────────────────────┴─────────────────────┴───────────┘
diff --git a/packages/indexer-cli/src/__tests__/util.ts b/packages/indexer-cli/src/__tests__/util.ts
index 4d5813fbc..273a3d649 100644
--- a/packages/indexer-cli/src/__tests__/util.ts
+++ b/packages/indexer-cli/src/__tests__/util.ts
@@ -9,7 +9,6 @@ import stripAnsi from 'strip-ansi'
 import {
   ActionStatus,
   ActionType,
-  CostModelVariables,
   createIndexerManagementClient,
   createIndexerManagementServer,
   defineIndexerManagementModels,
@@ -255,12 +254,6 @@ export const seedCostModels = async () => {
       ).toString(),
       model: 'default => 0.00025;',
     })
-    await models.CostModel.create({
-      deployment: new SubgraphDeploymentID(
-        'QmQ44hgrWWt3Qf2X9XEX2fPyTbmQbChxwNm5c1t4mhKpGt',
-      ).toString(),
-      variables: { DAI: '0.5' } as CostModelVariables,
-    })
   } catch (e) {
     logger.error('Failed to seed CostModel table', { error: e })
     process.exit(1)
diff --git a/packages/indexer-common/src/__tests__/network-specification-files/invalid-address.yml b/packages/indexer-common/src/__tests__/network-specification-files/invalid-address.yml
deleted file mode 100644
index 3f48da721..000000000
--- a/packages/indexer-common/src/__tests__/network-specification-files/invalid-address.yml
+++ /dev/null
@@ -1,36 +0,0 @@
-networkIdentifier: mainnet
-gateway:
-  url: http://gateway
-indexerOptions:
-  address: "0x4e8a4C63Df58bf59Fef513aB67a76319a9faf448"
-  mnemonic: word ivory whale diesel slab pelican voyage oxygen chat find tobacco sport
-  url: http://indexer
-  geoCoordinates: [25.1, -71.2]
-  restakeRewards: true
-  rebateClaimThreshold: 400
-  rebateClaimBatchThreshold: 5000
-  rebateClaimMaxBatchSize: 10
-  poiDisputeMonitoring: false
-  poiDisputableEpochs: 5
-  defaultAllocationAmount: 0.05
-  voucherRedemptionThreshold: 2
-  voucherRedemptionBatchThreshold: 2000
-  voucherRedemptionMaxBatchSize: 15
-  allocationManagementMode: "auto"
-  autoAllocationMinBatchSize: 20
-transactionMonitoring:
-  gasIncreaseTimeout: 10
-  gasIncreaseFactor: 10
-  baseFeePerGasMax: 10
-  maxTransactionAttempts: 10
-subgraphs:
-  networkSubgraph:
-    deployment: QmPK1s3pNYLi9ERiq3BDxKa4XosgWwFRQUydHUtz4YgpqB
-  epochSubgraph:
-    url: http://subgraph
-  tapSubgraph:
-    url: http://subgraph
-networkProvider:
-  url: http://provider
-dai:
-  contractAddress: "0x4e8a4C63Df58bf59Fef513aB67a76319a9faf448 "
diff --git a/packages/indexer-common/src/__tests__/network-specification-files/invalid-base58.yml b/packages/indexer-common/src/__tests__/network-specification-files/invalid-base58.yml
index 35840379e..b29445bf1 100644
--- a/packages/indexer-common/src/__tests__/network-specification-files/invalid-base58.yml
+++ b/packages/indexer-common/src/__tests__/network-specification-files/invalid-base58.yml
@@ -32,5 +32,3 @@ subgraphs:
     url: http://subgraph
 networkProvider:
   url: http://provider
-dai:
-  contractAddress: "0x4e8a4C63Df58bf59Fef513aB67a76319a9faf448"
diff --git a/packages/indexer-common/src/__tests__/network-specification-files/invalid-epoch-subgraph.yml b/packages/indexer-common/src/__tests__/network-specification-files/invalid-epoch-subgraph.yml
index b22e8a787..a8c082880 100644
--- a/packages/indexer-common/src/__tests__/network-specification-files/invalid-epoch-subgraph.yml
+++ b/packages/indexer-common/src/__tests__/network-specification-files/invalid-epoch-subgraph.yml
@@ -33,5 +33,3 @@ subgraphs:
     url: http://subgraph
 networkProvider:
   url: http://provider
-dai:
-  contractAddress: "0x4e8a4C63Df58bf59Fef513aB67a76319a9faf448"
diff --git a/packages/indexer-common/src/__tests__/network-specification-files/invalid-extra-field.yml b/packages/indexer-common/src/__tests__/network-specification-files/invalid-extra-field.yml
index b38e847d9..e4e4baa53 100644
--- a/packages/indexer-common/src/__tests__/network-specification-files/invalid-extra-field.yml
+++ b/packages/indexer-common/src/__tests__/network-specification-files/invalid-extra-field.yml
@@ -34,5 +34,3 @@ subgraphs:
     url: http://subgraph
 networkProvider:
   url: http://provider
-dai:
-  contractAddress: "0x4e8a4C63Df58bf59Fef513aB67a76319a9faf448"
diff --git a/packages/indexer-common/src/__tests__/network-specification-files/invalid-missing-field.yml b/packages/indexer-common/src/__tests__/network-specification-files/invalid-missing-field.yml
index a4074c90a..02bf212a1 100644
--- a/packages/indexer-common/src/__tests__/network-specification-files/invalid-missing-field.yml
+++ b/packages/indexer-common/src/__tests__/network-specification-files/invalid-missing-field.yml
@@ -33,5 +33,3 @@ subgraphs:
     url: http://subgraph
 networkProvider:
   url: http://provider
-dai:
-  contractAddress: "0x4e8a4C63Df58bf59Fef513aB67a76319a9faf448"
diff --git a/packages/indexer-common/src/__tests__/network-specification-files/invalid-negative-max-block-distance.yml b/packages/indexer-common/src/__tests__/network-specification-files/invalid-negative-max-block-distance.yml
index 9a0db4b8c..6ea39f26c 100644
--- a/packages/indexer-common/src/__tests__/network-specification-files/invalid-negative-max-block-distance.yml
+++ b/packages/indexer-common/src/__tests__/network-specification-files/invalid-negative-max-block-distance.yml
@@ -33,5 +33,3 @@ subgraphs:
     url: http://subgraph
 networkProvider:
   url: http://provider
-dai:
-  contractAddress: "0x4e8a4C63Df58bf59Fef513aB67a76319a9faf448"
diff --git a/packages/indexer-common/src/__tests__/network-specification-files/invalid-network-identifier.yml b/packages/indexer-common/src/__tests__/network-specification-files/invalid-network-identifier.yml
index 0e560429b..d51d3f4cf 100644
--- a/packages/indexer-common/src/__tests__/network-specification-files/invalid-network-identifier.yml
+++ b/packages/indexer-common/src/__tests__/network-specification-files/invalid-network-identifier.yml
@@ -33,5 +33,3 @@ subgraphs:
     url: http://subgraph
 networkProvider:
   url: http://provider
-dai:
-  contractAddress: "0x4e8a4C63Df58bf59Fef513aB67a76319a9faf448"
diff --git a/packages/indexer-common/src/__tests__/network-specification-files/valid-missing.yml b/packages/indexer-common/src/__tests__/network-specification-files/valid-missing.yml
index fe4213719..76c051f50 100644
--- a/packages/indexer-common/src/__tests__/network-specification-files/valid-missing.yml
+++ b/packages/indexer-common/src/__tests__/network-specification-files/valid-missing.yml
@@ -28,5 +28,3 @@ subgraphs:
     url: http://subgraph
 networkProvider:
   url: http://provider
-dai:
-  contractAddress: "0x4e8a4C63Df58bf59Fef513aB67a76319a9faf448"
diff --git a/packages/indexer-common/src/__tests__/network-specification-files/valid.yml b/packages/indexer-common/src/__tests__/network-specification-files/valid.yml
index 1aba9ab1c..51538b31a 100644
--- a/packages/indexer-common/src/__tests__/network-specification-files/valid.yml
+++ b/packages/indexer-common/src/__tests__/network-specification-files/valid.yml
@@ -32,5 +32,3 @@ subgraphs:
     url: http://subgraph
 networkProvider:
   url: http://provider
-dai:
-  contractAddress: "0x4e8a4C63Df58bf59Fef513aB67a76319a9faf448"
diff --git a/packages/indexer-common/src/__tests__/network-specification.test.ts b/packages/indexer-common/src/__tests__/network-specification.test.ts
index 303c38c0d..6c8afefe2 100644
--- a/packages/indexer-common/src/__tests__/network-specification.test.ts
+++ b/packages/indexer-common/src/__tests__/network-specification.test.ts
@@ -65,11 +65,6 @@ describe('Failed deserialization', () => {
       path: ['subgraphs', 'networkSubgraph', 'deployment'],
       message: 'Invalid IPFS hash',
     },
-    {
-      file: 'invalid-address.yml',
-      path: ['dai', 'contractAddress'],
-      message: 'Invalid contract address',
-    },
     {
       file: 'invalid-negative-max-block-distance.yml',
       path: ['subgraphs', 'maxBlockDistance'],
diff --git a/packages/indexer-common/src/indexer-management/__tests__/resolvers/actions.test.ts b/packages/indexer-common/src/indexer-management/__tests__/resolvers/actions.test.ts
index 1bce61e46..47f77aa99 100644
--- a/packages/indexer-common/src/indexer-management/__tests__/resolvers/actions.test.ts
+++ b/packages/indexer-common/src/indexer-management/__tests__/resolvers/actions.test.ts
@@ -199,7 +199,7 @@ const setup = async () => {
     async: false,
     level: __LOG_LEVEL__ ?? 'error',
   })
-  client = await createTestManagementClient(__DATABASE__, logger, true, metrics)
+  client = await createTestManagementClient(__DATABASE__, logger, metrics)
 }
 
 const setupEach = async () => {
diff --git a/packages/indexer-common/src/indexer-management/__tests__/resolvers/cost-models.test.ts b/packages/indexer-common/src/indexer-management/__tests__/resolvers/cost-models.test.ts
index 98c510a06..62fc788cc 100644
--- a/packages/indexer-common/src/indexer-management/__tests__/resolvers/cost-models.test.ts
+++ b/packages/indexer-common/src/indexer-management/__tests__/resolvers/cost-models.test.ts
@@ -95,7 +95,6 @@ const setupAll = async () => {
   client = await createTestManagementClient(
     __DATABASE__,
     logger,
-    true,
     metrics,
     'eip155:1', // Override with mainnet to enable the Cost Model feature
   )
@@ -576,177 +575,6 @@ describe('Cost models', () => {
   })
 })
 
-describe('Feature: Inject $DAI variable', () => {
-  beforeEach(setupAll)
-  afterEach(teardownAll)
-
-  test('$DAI variable is preserved when clearing variables', async () => {
-    const initial = {
-      deployment: '0x0000000000000000000000000000000000000000000000000000000000000000',
-      model: 'query { votes } => 10 * $n;',
-      variables: JSON.stringify({ DAI: '10.0' }),
-    }
-    await client.mutation(SET_COST_MODEL_MUTATION, { costModel: initial }).toPromise()
-
-    const update = {
-      deployment: '0x0000000000000000000000000000000000000000000000000000000000000000',
-      model: null,
-      variables: JSON.stringify({}),
-    }
-    await client.mutation(SET_COST_MODEL_MUTATION, { costModel: update }).toPromise()
-
-    await expect(
-      client.query(GET_COST_MODELS_QUERY, undefined).toPromise(),
-    ).resolves.toHaveProperty('data.costModels', [initial])
-  })
-
-  test('$DAI variable can be overwritten', async () => {
-    const initial = {
-      deployment: '0x0000000000000000000000000000000000000000000000000000000000000000',
-      model: 'query { votes } => 10 * $n;',
-      variables: JSON.stringify({ DAI: '10.0' }),
-    }
-    await client.mutation(SET_COST_MODEL_MUTATION, { costModel: initial }).toPromise()
-    const update = {
-      deployment: '0x0000000000000000000000000000000000000000000000000000000000000000',
-      model: initial.model,
-      variables: JSON.stringify({ DAI: '15.0' }),
-    }
-    await client.mutation(SET_COST_MODEL_MUTATION, { costModel: update }).toPromise()
-    await expect(
-      client.query(GET_COST_MODELS_QUERY, undefined).toPromise(),
-    ).resolves.toHaveProperty('data.costModels', [update])
-  })
-
-  test('$DAI updates are applied to all cost models', async () => {
-    const inputs = [
-      {
-        deployment: '0x0000000000000000000000000000000000000000000000000000000000000000',
-        model: 'query { votes } => 10 * $n;',
-        variables: JSON.stringify({ n: 100, DAI: '10.0' }),
-      },
-      {
-        deployment: '0x1111111111111111111111111111111111111111111111111111111111111111',
-        model: 'query { proposals } => 30 * $n;',
-        variables: JSON.stringify({ n: 10 }),
-      },
-    ]
-
-    for (const input of inputs) {
-      await client.mutation(SET_COST_MODEL_MUTATION, { costModel: input }).toPromise()
-    }
-
-    await client.setDai('15.3')
-
-    await expect(
-      client.query(GET_COST_MODELS_QUERY, undefined).toPromise(),
-    ).resolves.toHaveProperty('data.costModels', [
-      {
-        ...inputs[0],
-        // DAI was replaced here
-        variables: JSON.stringify({ n: 100, DAI: '15.3' }),
-      },
-      {
-        ...inputs[1],
-        // DAI was added here
-        variables: JSON.stringify({ n: 10, DAI: '15.3' }),
-      },
-    ])
-  })
-
-  test('$DAI is added to new models', async () => {
-    const inputs = [
-      {
-        deployment: '0x0000000000000000000000000000000000000000000000000000000000000000',
-        model: 'query { votes } => 10 * $n;',
-        variables: JSON.stringify({ n: 100, DAI: '10.0' }),
-      },
-      {
-        deployment: '0x1111111111111111111111111111111111111111111111111111111111111111',
-        model: 'query { proposals } => 30 * $n;',
-        variables: JSON.stringify({ n: 10 }),
-      },
-    ]
-
-    // This time, set the DAI value first
-    await client.setDai('15.3')
-
-    // THEN add new cost models
-    for (const input of inputs) {
-      await client.mutation(SET_COST_MODEL_MUTATION, { costModel: input }).toPromise()
-    }
-
-    await expect(
-      client.query(GET_COST_MODELS_QUERY, undefined).toPromise(),
-    ).resolves.toHaveProperty('data.costModels', [
-      {
-        ...inputs[0],
-        // DAI was replaced here
-        variables: JSON.stringify({ n: 100, DAI: '15.3' }),
-      },
-      {
-        ...inputs[1],
-        // DAI was added here
-        variables: JSON.stringify({ n: 10, DAI: '15.3' }),
-      },
-    ])
-  })
-
-  test('$DAI is preserved when cost model is updated', async () => {
-    const initial = {
-      deployment: '0x0000000000000000000000000000000000000000000000000000000000000000',
-      model: 'query { votes } => 10 * $n;',
-      variables: JSON.stringify({ n: 5, DAI: '10.0' }),
-    }
-
-    await client.mutation(SET_COST_MODEL_MUTATION, { costModel: initial }).toPromise()
-    const update = {
-      deployment: '0x0000000000000000000000000000000000000000000000000000000000000000',
-      model: 'default => 1;',
-      variables: null,
-    }
-    await client.mutation(SET_COST_MODEL_MUTATION, { costModel: update }).toPromise()
-    await expect(
-      client.query(GET_COST_MODELS_QUERY, undefined).toPromise(),
-    ).resolves.toHaveProperty('data.costModels', [
-      {
-        ...update,
-        variables: initial.variables,
-      },
-    ])
-  })
-
-  test('If feature is disabled, $DAI variable is not preserved', async () => {
-    const clientNoInjectDai = await createTestManagementClient(
-      __DATABASE__,
-      logger,
-      false,
-      metrics,
-      'eip155:1', // Override with mainnet to enable the Cost Model feature
-    )
-
-    const initial = {
-      deployment: '0x0000000000000000000000000000000000000000000000000000000000000000',
-      model: 'query { votes } => 10 * $n;',
-      variables: JSON.stringify({ n: 5, DAI: '10.0' }),
-    }
-    await clientNoInjectDai
-      .mutation(SET_COST_MODEL_MUTATION, { costModel: initial })
-      .toPromise()
-    const update = {
-      deployment: '0x0000000000000000000000000000000000000000000000000000000000000000',
-      model: initial.model,
-      variables: JSON.stringify({}),
-    }
-    await clientNoInjectDai
-      .mutation(SET_COST_MODEL_MUTATION, { costModel: update })
-      .toPromise()
-    await expect(
-      clientNoInjectDai.query(GET_COST_MODELS_QUERY, undefined).toPromise(),
-    ).resolves.toHaveProperty('data.costModels', [update])
-  })
-})
-
 describe('Cost model validation', () => {
   test('Invalid cost models are rejected', async () => {
     const costModel = {
diff --git a/packages/indexer-common/src/indexer-management/__tests__/resolvers/indexing-rules.test.ts b/packages/indexer-common/src/indexer-management/__tests__/resolvers/indexing-rules.test.ts
index bf92003b7..066e17ec6 100644
--- a/packages/indexer-common/src/indexer-management/__tests__/resolvers/indexing-rules.test.ts
+++ b/packages/indexer-common/src/indexer-management/__tests__/resolvers/indexing-rules.test.ts
@@ -124,7 +124,7 @@ const setupAll = async () => {
     async: false,
     level: __LOG_LEVEL__ ?? 'error',
   })
-  client = await createTestManagementClient(__DATABASE__, logger, true, metrics)
+  client = await createTestManagementClient(__DATABASE__, logger, metrics)
 }
 
 const teardownAll = async () => {
diff --git a/packages/indexer-common/src/indexer-management/__tests__/resolvers/poi-disputes.test.ts b/packages/indexer-common/src/indexer-management/__tests__/resolvers/poi-disputes.test.ts
index 7ec174af4..4d3405b0d 100644
--- a/packages/indexer-common/src/indexer-management/__tests__/resolvers/poi-disputes.test.ts
+++ b/packages/indexer-common/src/indexer-management/__tests__/resolvers/poi-disputes.test.ts
@@ -195,7 +195,7 @@ const setupAll = async () => {
     async: false,
     level: __LOG_LEVEL__ ?? 'error',
   })
-  client = await createTestManagementClient(__DATABASE__, logger, true, metrics)
+  client = await createTestManagementClient(__DATABASE__, logger, metrics)
   logger.info('Finished setting up Test Indexer Management Client')
 }
 
diff --git a/packages/indexer-common/src/indexer-management/__tests__/util.ts b/packages/indexer-common/src/indexer-management/__tests__/util.ts
index 1e08fda22..a4a14c605 100644
--- a/packages/indexer-common/src/indexer-management/__tests__/util.ts
+++ b/packages/indexer-common/src/indexer-management/__tests__/util.ts
@@ -23,7 +23,6 @@ export const createTestManagementClient = async (
   // eslint-disable-next-line  @typescript-eslint/no-explicit-any
   databaseOptions: any,
   logger: Logger,
-  injectDai: boolean,
   metrics: Metrics,
   networkIdentifierOverride?: string,
 ): Promise<IndexerManagementClient> => {
@@ -44,7 +43,6 @@ export const createTestManagementClient = async (
   )
 
   const networkSpecification = { ...testNetworkSpecification }
-  networkSpecification.dai.inject = injectDai
 
   const defaults: IndexerManagementDefaults = {
     globalIndexingRule: {
diff --git a/packages/indexer-common/src/indexer-management/client.ts b/packages/indexer-common/src/indexer-management/client.ts
index 164aa404f..280eb62cb 100644
--- a/packages/indexer-common/src/indexer-management/client.ts
+++ b/packages/indexer-common/src/indexer-management/client.ts
@@ -2,7 +2,7 @@ import { buildSchema, print } from 'graphql'
 import gql from 'graphql-tag'
 import { executeExchange } from '@urql/exchange-execute'
 import { Client, ClientOptions } from '@urql/core'
-import { equal, Logger, mutable, WritableEventual } from '@graphprotocol/common-ts'
+import { Logger } from '@graphprotocol/common-ts'
 
 import { IndexerManagementModels, IndexingRuleCreationAttributes } from './models'
 
@@ -13,7 +13,6 @@ import indexingRuleResolvers from './resolvers/indexing-rules'
 import poiDisputeResolvers from './resolvers/poi-disputes'
 import statusResolvers from './resolvers/indexer-status'
 import { BigNumber } from 'ethers'
-import { Op, Sequelize } from 'sequelize'
 import { GraphNode } from '../graph-node'
 import { ActionManager, MultiNetworks, Network } from '@graphprotocol/indexer-common'
 
@@ -24,7 +23,6 @@ export interface IndexerManagementResolverContext {
   defaults: IndexerManagementDefaults
   actionManager: ActionManager | undefined
   multiNetworks: MultiNetworks<Network> | undefined
-  dai: WritableEventual<string>
 }
 
 const SCHEMA_SDL = gql`
@@ -461,44 +459,12 @@ export interface IndexerManagementClientOptions {
 export class IndexerManagementClient extends Client {
   private logger?: Logger
   private models: IndexerManagementModels
-  private dai: WritableEventual<string>
 
-  constructor(
-    clientOptions: ClientOptions,
-    options: IndexerManagementClientOptions,
-    featureOptions: { dai: WritableEventual<string> },
-  ) {
+  constructor(clientOptions: ClientOptions, options: IndexerManagementClientOptions) {
     super(clientOptions)
 
     this.logger = options.logger
     this.models = options.models
-    this.dai = featureOptions.dai
-  }
-
-  public async setDai(value: string): Promise<void> {
-    // Get current value
-    const oldValue = this.dai.valueReady ? await this.dai.value() : undefined
-
-    // Don't do anything if there is no change
-    if (equal(oldValue, value)) {
-      return
-    }
-
-    // Notify others of the new value
-    this.dai.push(value)
-
-    // Update DAI in all cost models
-    const update = `'${JSON.stringify({ DAI: value })}'::jsonb`
-    await this.models.CostModel.update(
-      {
-        // This merges DAI into the variables, overwriting existing values
-        variables: Sequelize.literal(`coalesce(variables, '{}'::jsonb) || ${update}`),
-      },
-      {
-        // TODO: update to match all rows??
-        where: { model: { [Op.not]: null } },
-      },
-    )
   }
 }
 
@@ -518,8 +484,6 @@ export const createIndexerManagementClient = async (
     ...actionResolvers,
   }
 
-  const dai: WritableEventual<string> = mutable()
-
   const actionManager = multiNetworks
     ? await ActionManager.create(multiNetworks, logger, models, graphNode)
     : undefined
@@ -529,7 +493,6 @@ export const createIndexerManagementClient = async (
     graphNode,
     defaults,
     logger: logger.child({ component: 'IndexerManagementClient' }),
-    dai,
     multiNetworks,
     actionManager,
   }
@@ -540,7 +503,5 @@ export const createIndexerManagementClient = async (
     context,
   })
 
-  return new IndexerManagementClient({ url: 'no-op', exchanges: [exchange] }, options, {
-    dai,
-  })
+  return new IndexerManagementClient({ url: 'no-op', exchanges: [exchange] }, options)
 }
diff --git a/packages/indexer-common/src/indexer-management/resolvers/cost-models.ts b/packages/indexer-common/src/indexer-management/resolvers/cost-models.ts
index e33bff707..45587363e 100644
--- a/packages/indexer-common/src/indexer-management/resolvers/cost-models.ts
+++ b/packages/indexer-common/src/indexer-management/resolvers/cost-models.ts
@@ -1,50 +1,10 @@
 /* eslint-disable @typescript-eslint/explicit-module-boundary-types */
 /* eslint-disable @typescript-eslint/ban-types */
 
-import {
-  CostModelVariables,
-  COST_MODEL_GLOBAL,
-  GraphQLCostModel,
-  parseGraphQLCostModel,
-} from '../models'
+import { COST_MODEL_GLOBAL, GraphQLCostModel, parseGraphQLCostModel } from '../models'
 import { IndexerManagementResolverContext } from '../client'
 import { compileAsync } from '@graphprotocol/cost-model'
 
-// eslint-disable-next-line @typescript-eslint/no-explicit-any
-const getVariable = (vars: CostModelVariables | null, name: string): any | undefined => {
-  if (vars === null) {
-    return undefined
-  } else {
-    try {
-      if (Object.prototype.hasOwnProperty.call(vars, name)) {
-        return vars[name]
-      } else {
-        return undefined
-      }
-    } catch (e) {
-      return undefined
-    }
-  }
-}
-
-const setVariable = (
-  vars: CostModelVariables | null,
-  name: string,
-  // eslint-disable-next-line @typescript-eslint/no-explicit-any
-  value: any,
-): CostModelVariables => {
-  if (vars === null) {
-    return { [name]: value }
-  } else {
-    try {
-      vars[name] = value
-      return vars
-    } catch (e) {
-      return vars
-    }
-  }
-}
-
 export default {
   costModel: async (
     { deployment }: { deployment: string },
@@ -120,7 +80,7 @@ export default {
 
   setCostModel: async (
     { costModel }: { deployment: string; costModel: GraphQLCostModel },
-    { models, multiNetworks, dai }: IndexerManagementResolverContext,
+    { models, multiNetworks }: IndexerManagementResolverContext,
   ): Promise<object> => {
     if (!multiNetworks) {
       throw new Error('No network configuration available')
@@ -128,13 +88,6 @@ export default {
     if (Object.keys(multiNetworks.inner).length !== 1) {
       throw Error('Must be in single network mode to set cost models')
     }
-    const network = Object.values(multiNetworks.inner)[0]
-    const injectDai = network.specification.dai.inject
-    if (network.specification.networkIdentifier !== 'eip155:1' && injectDai) {
-      throw new Error(
-        `Can't set cost model: DAI injection enabled but not on Ethereum Mainnet`,
-      )
-    }
     const update = parseGraphQLCostModel(costModel)
 
     // Validate cost model
@@ -154,34 +107,6 @@ export default {
       model: update.model || oldModel?.model,
       variables: update.variables || oldModel?.variables,
     })
-    if (oldModel) {
-      let variables = update.variables || oldModel!.variables
-      if (injectDai) {
-        const oldDai = getVariable(oldModel!.variables, 'DAI')
-        const newDai = getVariable(update.variables, 'DAI')
-
-        // Inject the latest DAI value if available
-        if (dai.valueReady) {
-          variables = setVariable(variables, 'DAI', await dai.value())
-        } else if (newDai === undefined && oldDai !== undefined) {
-          // Otherwise preserve the old DAI value if there is one;
-          // this ensures it's never dropped
-          variables = setVariable(variables, 'DAI', oldDai)
-        }
-        // Apply new variables
-        model.variables = variables
-      }
-    } else {
-      let variables = update.variables
-      if (injectDai) {
-        // Inject the latest DAI value if available
-        if (dai.valueReady) {
-          variables = setVariable(variables, 'DAI', await dai.value())
-        }
-        // Apply new variables
-        model.variables = variables
-      }
-    }
 
     return (await model.save()).toGraphQL()
   },
diff --git a/packages/indexer-common/src/network-specification.ts b/packages/indexer-common/src/network-specification.ts
index 1ce04a162..f683cdec5 100644
--- a/packages/indexer-common/src/network-specification.ts
+++ b/packages/indexer-common/src/network-specification.ts
@@ -167,21 +167,6 @@ export const NetworkProvider = z
   .strict()
 export type NetworkProvider = z.infer<typeof NetworkProvider>
 
-export const Dai = z
-  .object({
-    contractAddress: z
-      .string()
-      .default('0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48')
-      .refine((val) => utils.isAddress(val), {
-        message: 'Invalid contract address',
-      })
-      .transform(toAddress),
-    inject: z.boolean().default(true),
-  })
-  .strict()
-  .default({}) // defaults will be used for instantiation when the Dai group is absent.
-export type Dai = z.infer<typeof Dai>
-
 // All necessary information to describe a Protocol Network
 export const NetworkSpecification = z
   .object({
@@ -194,7 +179,6 @@ export const NetworkSpecification = z
     addressBook: z.string().optional(),
     tapAddressBook: TapContracts.optional(),
     allocationSyncInterval: positiveNumber().default(120000),
-    dai: Dai,
   })
   .strict()
 
diff --git a/yarn.lock b/yarn.lock
index 91e522701..59d7a1d7d 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -3627,24 +3627,6 @@
   resolved "https://registry.yarnpkg.com/@ungap/structured-clone/-/structured-clone-1.2.0.tgz#756641adb587851b5ccb3e095daf27ae581c8406"
   integrity sha512-zuVdFrMJiuCDQUMCzQaD6KL28MjnqqN8XnAqiEq9PNm/hCPTSGfrXCOfwj1ow4LFb/tNymJPwsNbVePc1xFqrQ==
 
-"@uniswap/sdk@3.0.3":
-  version "3.0.3"
-  resolved "https://registry.npmjs.org/@uniswap/sdk/-/sdk-3.0.3.tgz"
-  integrity sha512-t4s8bvzaCFSiqD2qfXIm3rWhbdnXp+QjD3/mRaeVDHK7zWevs6RGEb1ohMiNgOCTZANvBayb4j8p+XFdnMBadQ==
-  dependencies:
-    "@uniswap/v2-core" "^1.0.0"
-    big.js "^5.2.2"
-    decimal.js-light "^2.5.0"
-    jsbi "^3.1.1"
-    tiny-invariant "^1.1.0"
-    tiny-warning "^1.0.3"
-    toformat "^2.0.0"
-
-"@uniswap/v2-core@^1.0.0":
-  version "1.0.1"
-  resolved "https://registry.npmjs.org/@uniswap/v2-core/-/v2-core-1.0.1.tgz"
-  integrity sha512-MtybtkUPSyysqLY2U210NBDeCHX+ltHt3oADGdjqoThZaFRDKwM6k1Nb3F0A3hk5hwuQvytFWhrWHOEq6nVJ8Q==
-
 "@urql/core@3.1.0", "@urql/core@>=3.1.0":
   version "3.1.0"
   resolved "https://registry.yarnpkg.com/@urql/core/-/core-3.1.0.tgz#b77c6e444da35507b234645caed383cbb04d8ac9"
@@ -4458,11 +4440,6 @@ before-after-hook@^2.1.0, before-after-hook@^2.2.0:
   resolved "https://registry.npmjs.org/before-after-hook/-/before-after-hook-2.2.3.tgz"
   integrity sha512-NzUnlZexiaH/46WDhANlyR2bXRopNg4F/zuSA3OpZnllCUgRaOF2znDioDWrmbNVsuZk6l9pMquQB38cfBZwkQ==
 
-big.js@^5.2.2:
-  version "5.2.2"
-  resolved "https://registry.npmjs.org/big.js/-/big.js-5.2.2.tgz"
-  integrity sha512-vyL2OymJxmarO8gxMr0mhChsO9QGwhynfuu4+MHTAW6czfq9humCB7rKpUjDd9YUiDPU4mzpyupFSvOClAwbmQ==
-
 bignumber.js@^9.0.0, bignumber.js@^9.0.1:
   version "9.1.2"
   resolved "https://registry.npmjs.org/bignumber.js/-/bignumber.js-9.1.2.tgz"
@@ -5402,11 +5379,6 @@ decamelize@^1.1.0, decamelize@^1.2.0:
   resolved "https://registry.npmjs.org/decamelize/-/decamelize-1.2.0.tgz"
   integrity sha512-z2S+W9X73hAUUki+N+9Za2lBlun89zigOyGrsax+KUQ6wKW4ZoWpEYBkGhQjwAjjDCkWxhY0VKEhk8wzY7F5cA==
 
-decimal.js-light@^2.5.0:
-  version "2.5.1"
-  resolved "https://registry.npmjs.org/decimal.js-light/-/decimal.js-light-2.5.1.tgz"
-  integrity sha512-qIMFpTMZmny+MMIitAB6D7iVPEorVw6YQRWkvarTkT4tBeSLLiHzcwj6q0MmYSFCiVpiqPJTJEYIrpcPzVEIvg==
-
 decode-uri-component@^0.2.0:
   version "0.2.2"
   resolved "https://registry.yarnpkg.com/decode-uri-component/-/decode-uri-component-0.2.2.tgz#e69dbe25d37941171dd540e024c444cd5188e1e9"
@@ -8359,11 +8331,6 @@ js2xmlparser@^4.0.2:
   dependencies:
     xmlcreate "^2.0.4"
 
-jsbi@^3.1.1:
-  version "3.2.5"
-  resolved "https://registry.npmjs.org/jsbi/-/jsbi-3.2.5.tgz"
-  integrity sha512-aBE4n43IPvjaddScbvWRA2YlTzKEynHzu7MqOyTipdHucf/VxS63ViCjxYRg86M8Rxwbt/GfzHl1kKERkt45fQ==
-
 jsdoc@^4.0.0:
   version "4.0.3"
   resolved "https://registry.yarnpkg.com/jsdoc/-/jsdoc-4.0.3.tgz#bfee86c6a82f6823e12b5e8be698fd99ae46c061"
@@ -11978,21 +11945,11 @@ through@2, "through@>=2.2.7 <3", through@^2.3.4, through@^2.3.6:
   resolved "https://registry.npmjs.org/through/-/through-2.3.8.tgz"
   integrity sha512-w89qg7PI8wAdvX60bMDP+bFoD5Dvhm9oLheFp5O4a2QF0cSBGsBX4qZmadPMvVqlLJBBci+WqGGOAPvcDeNSVg==
 
-tiny-invariant@^1.1.0:
-  version "1.3.1"
-  resolved "https://registry.npmjs.org/tiny-invariant/-/tiny-invariant-1.3.1.tgz"
-  integrity sha512-AD5ih2NlSssTCwsMznbvwMZpJ1cbhkGd2uueNxzv2jDlEeZdU04JQfRnggJQ8DrcVBGjAsCKwFBbDlVNtEMlzw==
-
 tiny-lru@^7.0.0:
   version "7.0.6"
   resolved "https://registry.npmjs.org/tiny-lru/-/tiny-lru-7.0.6.tgz"
   integrity sha512-zNYO0Kvgn5rXzWpL0y3RS09sMK67eGaQj9805jlK9G6pSadfriTczzLHFXa/xcW4mIRfmlB9HyQ/+SgL0V1uow==
 
-tiny-warning@^1.0.3:
-  version "1.0.3"
-  resolved "https://registry.npmjs.org/tiny-warning/-/tiny-warning-1.0.3.tgz"
-  integrity sha512-lBN9zLN/oAf68o3zNXYrdCt1kP8WsiGW8Oo2ka41b2IM5JL/S1CTyX1rW0mb/zSuJun0ZUrDxx4sqvYS2FWzPA==
-
 tmp@^0.0.33:
   version "0.0.33"
   resolved "https://registry.npmjs.org/tmp/-/tmp-0.0.33.tgz"
@@ -12059,11 +12016,6 @@ to-regex@^3.0.1, to-regex@^3.0.2:
     regex-not "^1.0.2"
     safe-regex "^1.1.0"
 
-toformat@^2.0.0:
-  version "2.0.0"
-  resolved "https://registry.npmjs.org/toformat/-/toformat-2.0.0.tgz"
-  integrity sha512-03SWBVop6nU8bpyZCx7SodpYznbZF5R4ljwNLBcTQzKOD9xuihRo/psX58llS1BMFhhAI08H3luot5GoXJz2pQ==
-
 toidentifier@1.0.0:
   version "1.0.0"
   resolved "https://registry.npmjs.org/toidentifier/-/toidentifier-1.0.0.tgz"