The top-level domain (TLD) is essentially the last segment of a domain name or the part that follows immediately after the “dot” symbol. Common examples of TLDs include .com, .org, .net, .gov, .edu, and country codes like .uk, .us, .au etc. At present, there isn’t a recognized TLD by the Internet Assigned Numbers Authority (IANA) specifically as .DAY.
You can verify this by referring to IANA’s Root Zone Database, which is the authoritative record of all TLDs. As of when this answer is written, you won’t find .DAY on this list (iana.org/domains/root/db). TLDs are a critical component of the DNS (Domain Name System) used throughout the internet. Essentially, the Internet Corporation for Assigned Names and Numbers (ICANN) manages these domains.
Digital Trends explains that TLDs function as an element of a website’s DNA. While proficient internet users mainly recognize .com and .org domains etc., hundreds of other TLDs exist that businesses, individuals, and organizations can utilize. For instance, TLDs such as .design, .app, .news, and even .pizza exist and are used widely.
ICANN decided to permit anyone to apply for any generic TLD they wanted back in 2012. Following this decision, Google purchased the .app domain for approximately $25 million, and .web domain went for nearly $135 million. This goes to show the demand for and value ascribed to these unique TLDs.
Given that the new TLD registration enters into the process with a lottery system and an auction in case of multiple applicants, businesses and organizations took the opportunity to create TLDs that fit their brand or business sector. In this extensive list, .DAY does not currently exist.
Overall the TLD could make a massive difference in the way a website is perceived. A site using the hypothetical .DAY domain might signal a focus on daily updates, activities, events, or the like. However, given the current lack of this specific TLD, organizations or entities are unable to register a .DAY domain at present.
Additional read: “How to Choose a Domain Extension,” Forbes, https://www.forbes.com/sites/allbusiness/2017/06/28/how-to-choose-a-domain-extension/
Sources used to construct this answer:
1. IANA, Root Zone Database, https://www.iana.org/domains/root/db
2. Digital Trends, “What is a TLD?”, https://www.digitaltrends.com/computing/what-is-a-tld-top-level-domain/
3. Forbes, “How to Choose a Domain Extension,” https://www.forbes.com/sites/allbusiness/2017/06/28/how-to-choose-a-domain-extension/
4. ICANN https://www.icann.org/