Maker
MKR
$ 1,450.07
0.01570138 BTC
Marketcap
$ 1,217,381,478
Volume (24h)
$ 72,444,644
Circulating Supply
839,418 MKR
Total Supply
864,475 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) $ 92,377.75 1.36%
ethereum
Ethereum (ETH) $ 1,744.53 3.39%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.15 5.61%
bnb
BNB (BNB) $ 597.59 2.50%
solana
Solana (SOL) $ 146.76 3.69%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.172959 5.65%
cardano
Cardano (ADA) $ 0.685428 2.83%
tron
TRON (TRX) $ 0.244534 0.43%
staked-ether
Lido Staked Ether (STETH) $ 1,741.72 3.35%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 92,380.75 1.49%
sui
Sui (SUI) $ 2.96 2.47%
chainlink
Chainlink (LINK) $ 14.34 5.04%
avalanche-2
Avalanche (AVAX) $ 21.91 4.20%
leo-token
LEO Token (LEO) $ 9.24 1.83%
stellar
Stellar (XLM) $ 0.264774 2.82%
the-open-network
Toncoin (TON) $ 3.10 0.54%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 4.59%
hedera-hashgraph
Hedera (HBAR) $ 0.178085 4.19%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,097.60 3.15%
usds
USDS (USDS) $ 1.00 0.01%
bitcoin-cash
Bitcoin Cash (BCH) $ 348.97 3.28%
litecoin
Litecoin (LTC) $ 81.57 3.22%
polkadot
Polkadot (DOT) $ 4.00 3.40%
hyperliquid
Hyperliquid (HYPE) $ 17.93 4.65%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999874 0.03%
bitget-token
Bitget Token (BGB) $ 4.42 3.52%
weth
WETH (WETH) $ 1,748.96 3.16%
ethena-usde
Ethena USDe (USDE) $ 0.999423 0.04%
pi-network
Pi Network (PI) $ 0.646134 2.91%
whitebit
WhiteBIT Coin (WBT) $ 28.59 0.31%
monero
Monero (XMR) $ 222.31 2.63%
wrapped-eeth
Wrapped eETH (WEETH) $ 1,863.00 3.20%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 92,277.72 1.51%
pepe
Pepe (PEPE) $ 0.000008 8.40%
uniswap
Uniswap (UNI) $ 5.71 5.40%
dai
Dai (DAI) $ 0.999957 0.09%
aptos
Aptos (APT) $ 5.25 2.30%
okb
OKB (OKB) $ 51.19 1.99%
near
NEAR Protocol (NEAR) $ 2.40 3.64%
gatechain-token
Gate (GT) $ 23.06 3.10%
bittensor
Bittensor (TAO) $ 326.78 2.61%
ondo-finance
Ondo (ONDO) $ 0.880322 5.92%
internet-computer
Internet Computer (ICP) $ 5.00 3.87%
tokenize-xchange
Tokenize Xchange (TKX) $ 32.15 2.54%
susds
sUSDS (SUSDS) $ 1.05 0.47%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
kaspa
Kaspa (KAS) $ 0.096016 1.00%
official-trump
Official Trump (TRUMP) $ 12.34 31.90%
crypto-com-chain
Cronos (CRO) $ 0.089426 2.26%
ethereum-classic
Ethereum Classic (ETC) $ 16.20 4.70%
aave
Aave (AAVE) $ 159.83 3.64%
mantle
Mantle (MNT) $ 0.69658 1.84%
render-token
Render (RENDER) $ 4.33 7.38%
vechain
VeChain (VET) $ 0.025258 3.50%
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.17 0.21%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.233973 4.68%
cosmos
Cosmos Hub (ATOM) $ 4.35 0.69%
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 92,030.66 1.81%
ethena
Ethena (ENA) $ 0.335701 3.04%
fasttoken
Fasttoken (FTN) $ 4.23 0.12%
algorand
Algorand (ALGO) $ 0.21062 3.81%
filecoin
Filecoin (FIL) $ 2.71 1.41%
celestia
Celestia (TIA) $ 2.78 1.68%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.627728 0.24%
arbitrum
Arbitrum (ARB) $ 0.331308 0.09%
sonic-3
Sonic (prev. FTM) (S) $ 0.492469 5.29%
first-digital-usd
First Digital USD (FDUSD) $ 0.998439 0.17%
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.06 2.00%
solv-btc
Solv Protocol SolvBTC (SOLVBTC) $ 92,107.68 1.33%
kucoin-shares
KuCoin (KCS) $ 10.22 0.54%
optimism
Optimism (OP) $ 0.75038 1.29%
jupiter-exchange-solana
Jupiter (JUP) $ 0.434371 4.59%
binance-staked-sol
Binance Staked SOL (BNSOL) $ 153.49 3.90%
maker
Maker (MKR) $ 1,450.46 4.09%
xdce-crowd-sale
XDC Network (XDC) $ 0.074508 4.83%
blockstack
Stacks (STX) $ 0.759933 5.76%
worldcoin-wld
Worldcoin (WLD) $ 0.85882 1.28%
bonk
Bonk (BONK) $ 0.000014 12.32%
fartcoin
Fartcoin (FARTCOIN) $ 1.08 7.62%
nexo
NEXO (NEXO) $ 1.07 0.00%
binance-peg-weth
Binance-Peg WETH (WETH) $ 1,742.91 3.48%
flare-networks
Flare (FLR) $ 0.01641 1.83%
immutable-x
Immutable (IMX) $ 0.568339 13.10%
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 1,820.85 3.19%
story-2
Story (IP) $ 3.67 2.40%
sei-network
Sei (SEI) $ 0.190303 2.44%
eos
EOS (EOS) $ 0.641176 4.46%
usdt0
USDT0 (USDT0) $ 1.00 0.02%
injective-protocol
Injective (INJ) $ 9.37 1.93%
curve-dao-token
Curve DAO (CRV) $ 0.683136 0.45%
wbnb
Wrapped BNB (WBNB) $ 597.58 2.51%
paypal-usd
PayPal USD (PYUSD) $ 0.99992 0.04%
the-graph
The Graph (GRT) $ 0.088862 3.01%
binance-bridged-usdc-bnb-smart-chain
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999693 0.05%
rocket-pool-eth
Rocket Pool ETH (RETH) $ 1,971.04 3.13%
tether-gold
Tether Gold (XAUT) $ 3,355.77 0.18%
polygon-bridged-usdt-polygon
Polygon Bridged USDT (Polygon) (USDT) $ 1.00 0.03%
pax-gold
PAX Gold (PAXG) $ 3,361.88 0.23%