Researched coins: 629
Exchanges: 1,020
Market Cap: 2.8T
24h Vol: 131.4B
EN

Maker Price, Live Chart & Market Cap

Maker (MKR): A Pioneering Governance Coin Powering the Decentralized Stablecoin

Overview of Maker (MKR) in Decentralized Finance

Maker (MKR) provides governance for the Maker Protocol, enabling DAI creation through locked collateral. Maker stands out by allowing users to govern risk parameters, interest rates, and system upgrades. MKR voters keep DAI stable and ensure the platform remains transparent in the DeFi market.

Maker (MKR): Secure DeFi Governance Token

Utility & Use Cases MKR

Governance Participation

Governance Participation

MKR holders vote on system upgrades and fee adjustments. This direct voting ensures DAI stability and shapes Maker’s direction.
Securing Collateral

Securing Collateral

Users lock crypto assets in Maker Vaults to generate DAI. The collateral supports stablecoin issuance and maintains an over-collateralized model.
Asset Management

Asset Management

Maker’s smart contracts on Ethereum allow participants to manage collateral, repay loans, and access yield opportunities across DeFi.

Maker Technologies Overview

Smart Contracts

Smart Contracts

Robust Ethereum-based contracts handle vault creation, liquidation, and DAI supply without intermediaries.
Security Audits

Security Audits

Extensive audits and reviews protect Maker’s infrastructure and reduce exploits or protocol threats.
Low Fees

Low Fees

Maker’s parameter adjustments aim to keep borrowing costs competitive while sustaining protocol resilience.

Funding

Maker raised funds through private token sales rather than a public ICO, attracting strategic investors like a16z and Paradigm. These rounds financed core development and auditing, solidifying MKR’s governance role in stabilizing DAI.

Roadmap

Phase One Rebrand

Maker will introduce new tokens alongside DAI and MKR, unifying its brand identity and improving accessibility.

SubDAO Launch

Maker plans smaller DAO units to specialize in distinct functions, enhancing governance and DeFi innovation.

Dedicated Chain Research

A custom Maker blockchain is under exploration to streamline governance, boost efficiency, and fortify security.

Maker Security & Audit Reports

Maker has never suffered a core contract exploit. Thorough audits, formal checks, and a reliable liquidation framework protect user collateral. MKR holders can trigger emergency steps if serious threats arise.

FAQ

How to open a Maker vault?

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Use a dApp like Oasis, connect your wallet, select a collateral type, and generate DAI while keeping collateral ratios safe.

How to vote with MKR tokens?

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Lock MKR in Maker’s governance portal, follow proposals, and cast votes to guide parameters or add new collateral.

Is Maker the best DeFi platform for stablecoin issuance?

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It’s recognized for over-collateralization, strong audits, and robust governance, making it a key decentralized option.

Can I stake crypto with Maker?

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You can lock assets for DAI generation, but classic staking isn’t part of Maker’s model. Instead, Maker focuses on governance and collateralized lending.

Does Maker support NFTs?

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NFTs aren’t a primary focus, but Maker has explored tokenized assets, which might include unique tokens in the future.

What are the risks of using Maker?

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Collateral drops can trigger liquidation, and fee changes can affect loans. Stay updated on governance and monitor vault health.

Top Crypto Exchanges to Trade Maker (MKR)

# Exchange Pair Price 24h Volume
1 ~$1,274 $12,617,372
2 ~$1,276 $10,648,029
3 ~$1,276.6 $3,972,988
4 ~$1,276.7 $5,371,632
5 ~$1,277 $2,075,168
6 ~$1,276.4 $2,731,720
7 ~$0.012 $582,319
8 ~$1,276.41 $530,485
9 ~$1,273 $1,508,263
10 ~$1,276.88 $855,738
Maker
Maker MKR Price
#44
$1,760.1
-3.91%
Fully Diluted Variation
Fully diluted valuation of Maker (MKR) represents the theoretical market cap if all tokens that will ever exist were in circulation. It provides insight into the long-term value projection assuming the maximum supply is reached
$956,697,894
24 Hour Trading Vol
24-hour trading volume shows the total amount of Maker (MKR) traded across all exchanges over the past day. Higher volumes generally indicate more market liquidity and interest in the token
$128,800,523
Total Value Locked (TVL)
Total Value Locked (TVL) represents the aggregate value of Maker (MKR) and other assets deposited in DeFi protocols. It indicates the overall usage and adoption of Maker (MKR) in decentralized finance applications
$5,619,354,892
Total Supply
Total supply represents all Maker (MKR) tokens that currently exist, including both circulating tokens and those locked in various protocols or treasuries. It excludes tokens that will be created in the future
544,424.33
Max Supply
Maximum supply indicates the absolute maximum number of Maker (MKR) tokens that will ever exist. This is a hard cap programmed into the token's protocol that cannot be exceeded, ensuring scarcity over time
1,005,577

Info

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