Maker
MKR
$ 1,316.83
0.01575891 BTC
Marketcap
$ 1,113,417,964
Volume (24h)
$ 101,177,802
Circulating Supply
844,643 MKR
Total Supply
870,742 MKR


What is Maker?

Maker is the system responsible for making DAI stable through “collateralized debt position” (CDPs) smart contracts on the Ethereum. MKR is an ERC-20 token created in response to insufficient collateral to back for DAI CDPs.

DAI is created through loan contracts which use Ether as a collateral. MKR Holders are responsible for regulating the collateralized rate making DAI consistently worth $1 and are rewarded for doing it; CDPs include a fee which is paid using MKR that is always burned, evating MKR's value.

CDPs are automatically liquidated in case Ether drops to a price such that their collateral (ETH) drops below a given value that is not enough to finance the amount of DAI loaned. If the liquidated volume recovered isn't enough to cover for the corresponding DAI volume loaned, the Maker system automatically creates new MKR tokens which are sold in open markets ensuring a positive balance. This mechanism incentives MKR holders to make rational decisions when voting for collateralized rates.

MakerDAO, the group responsible for Maker, also run a decentralized exchange called OasisDEX.


Maker Calculator

MKR

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* Currency in USD
Historical Price for Maker
DateOpenCloseHighLowVolume
Maker Markets
#SourcePairVolumePriceChangeUpdated

bitcoin
Bitcoin (BTC) $ 83,583.39 1.03%
ethereum
Ethereum (ETH) $ 1,836.57 1.98%
tether
Tether (USDT) $ 1.00 0.00%
xrp
XRP (XRP) $ 2.08 0.94%
bnb
BNB (BNB) $ 603.29 0.56%
solana
Solana (SOL) $ 120.33 3.38%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.166947 2.23%
cardano
Cardano (ADA) $ 0.655739 2.69%
tron
TRON (TRX) $ 0.237217 0.12%
staked-ether
Lido Staked Ether (STETH) $ 1,834.93 2.10%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 83,416.35 1.19%
the-open-network
Toncoin (TON) $ 3.79 4.94%
leo-token
LEO Token (LEO) $ 9.40 0.14%
chainlink
Chainlink (LINK) $ 13.23 2.98%
stellar
Stellar (XLM) $ 0.264192 1.21%
usds
USDS (USDS) $ 1.00 0.02%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,203.70 1.88%
avalanche-2
Avalanche (AVAX) $ 18.96 0.72%
sui
Sui (SUI) $ 2.42 2.95%
shiba-inu
Shiba Inu (SHIB) $ 0.000012 1.05%
hedera-hashgraph
Hedera (HBAR) $ 0.165678 0.14%
litecoin
Litecoin (LTC) $ 84.15 2.22%
polkadot
Polkadot (DOT) $ 4.06 0.69%
mantra-dao
MANTRA (OM) $ 6.37 3.18%
bitcoin-cash
Bitcoin Cash (BCH) $ 305.19 0.31%
bitget-token
Bitget Token (BGB) $ 4.56 0.47%
ethena-usde
Ethena USDe (USDE) $ 0.999849 0.08%
weth
WETH (WETH) $ 1,836.37 2.20%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.01%
pi-network
Pi Network (PI) $ 0.657493 4.67%
hyperliquid
Hyperliquid (HYPE) $ 12.54 5.07%
wrapped-eeth
Wrapped eETH (WEETH) $ 1,949.58 2.37%
whitebit
WhiteBIT Coin (WBT) $ 27.83 0.81%
monero
Monero (XMR) $ 216.51 0.69%
uniswap
Uniswap (UNI) $ 6.05 1.04%
aptos
Aptos (APT) $ 5.32 1.30%
dai
Dai (DAI) $ 1.00 0.01%
pepe
Pepe (PEPE) $ 0.000007 3.04%
near
NEAR Protocol (NEAR) $ 2.54 0.86%
susds
sUSDS (SUSDS) $ 1.05 0.07%
okb
OKB (OKB) $ 47.55 0.16%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 83,604.40 1.12%
gatechain-token
Gate (GT) $ 22.43 0.70%
tokenize-xchange
Tokenize Xchange (TKX) $ 34.29 0.00%
crypto-com-chain
Cronos (CRO) $ 0.097928 8.88%
mantle
Mantle (MNT) $ 0.78035 0.80%
ondo-finance
Ondo (ONDO) $ 0.825617 2.42%
first-digital-usd
First Digital USD (FDUSD) $ 0.996852 0.20%
ethereum-classic
Ethereum Classic (ETC) $ 16.87 1.18%
internet-computer
Internet Computer (ICP) $ 5.22 0.96%
aave
Aave (AAVE) $ 156.65 2.67%
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.17 0.12%
cosmos
Cosmos Hub (ATOM) $ 4.47 3.39%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
vechain
VeChain (VET) $ 0.022184 2.74%
official-trump
Official Trump (TRUMP) $ 9.42 8.38%
bittensor
Bittensor (TAO) $ 217.55 3.09%
filecoin
Filecoin (FIL) $ 2.76 1.64%
ethena
Ethena (ENA) $ 0.336225 6.26%
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 83,360.33 1.33%
render-token
Render (RENDER) $ 3.37 3.99%
fasttoken
Fasttoken (FTN) $ 4.04 0.70%
celestia
Celestia (TIA) $ 2.93 4.88%
kaspa
Kaspa (KAS) $ 0.064828 2.00%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.18864 4.45%
algorand
Algorand (ALGO) $ 0.180043 2.93%
sonic-3
Sonic (prev. FTM) (S) $ 0.481611 2.55%
arbitrum
Arbitrum (ARB) $ 0.315352 3.29%
kucoin-shares
KuCoin (KCS) $ 10.73 1.58%
solv-btc
Solv Protocol SolvBTC (SOLVBTC) $ 83,723.43 0.57%
eos
EOS (EOS) $ 0.81375 1.32%
optimism
Optimism (OP) $ 0.725714 1.90%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.450647 0.07%
story-2
Story (IP) $ 4.47 7.10%
maker
Maker (MKR) $ 1,317.18 3.52%
binance-peg-weth
Binance-Peg WETH (WETH) $ 1,838.12 2.10%
jupiter-exchange-solana
Jupiter (JUP) $ 0.388607 3.05%
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 1,910.07 2.15%
xdce-crowd-sale
XDC Network (XDC) $ 0.067273 1.00%
nexo
NEXO (NEXO) $ 1.04 2.67%
binance-staked-sol
Binance Staked SOL (BNSOL) $ 125.50 3.62%
quant-network
Quant (QNT) $ 66.75 2.91%
usdt0
USDT0 (USDT0) $ 1.00 0.02%
movement
Movement (MOVE) $ 0.393957 3.33%
worldcoin-wld
Worldcoin (WLD) $ 0.763338 2.47%
blockstack
Stacks (STX) $ 0.60016 0.21%
rocket-pool-eth
Rocket Pool ETH (RETH) $ 2,074.00 2.25%
bonk
Bonk (BONK) $ 0.000011 6.45%
usual-usd
Usual USD (USD0) $ 0.998369 0.00%
immutable-x
Immutable (IMX) $ 0.482174 5.52%
binance-bridged-usdc-bnb-smart-chain
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00 0.12%
dexe
DeXe (DEXE) $ 14.82 1.59%
injective-protocol
Injective (INJ) $ 8.64 0.33%
sei-network
Sei (SEI) $ 0.16795 2.52%
polygon-bridged-usdt-polygon
Polygon Bridged USDT (Polygon) (USDT) $ 1.00 0.02%
flare-networks
Flare (FLR) $ 0.013301 0.28%
the-graph
The Graph (GRT) $ 0.084679 2.90%
theta-token
Theta Network (THETA) $ 0.80748 0.66%
tether-gold
Tether Gold (XAUT) $ 3,174.99 1.20%