About Maker

Maker is an Ethereum token that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” The purpose of the Maker system is to generate another Ethereum token, called Dai, that seeks to trade on exchanges at a value of exactly US$1.00.

Happening now

AI generated 5h ago

MKR claims first position in DeFi with roughly 0% daily gains while category dropped ↘8%.

See more

Earn up to $2,000 when you buy $50 in crypto

Sign me up
Restrictions apply. See full terms.

1/20/2026, 12:00:02 AM

Trading Insights

Searched

73

Market Stats

Market Cap

Not enough data

FDV

$1.51B

Circ. Supply

Not enough data

Max Supply

1M MKR

Total Supply

871K MKR

Total Value Locked

$5.79B

Diluted Valuation

$150.10M

Performance

Popularity

#4,092

Dominance

Not enough data

Volume (24H)

$225.55K

300.46%

Volume (7D)

$1.44M

Volume (30D)

$2.97M

All time high

$6.39K

Price Change (1Y)

Not enough data

16.83%

Additional details

Market details

MKR vs markets

↗ 32.93%

MKR vs BTC

↗ 28.93%

MKR vs ETH

↗ 20.22%

Tags

store-of-value

defi

dao

governance

+4

Network & Addresses

Network
Address

Ethereum

0x9f8F72aA9304c8B593d555F12eF6589cC3A579A2

Avalanche C-Chain

0x88128fd4b259552A9A1D457f435a6527AAb72d42

BNB Smart Chain

0x5f0Da599BB2ccCfcf6Fdfd7D81743B6020864350

Arbitrum

0x2e9a6Df78E42a30712c10a9Dc4b1C8656f8F2879

Price history

Time
Price
Change
Today
$1,509.60
+0.06%
1 Day
$1,501.50
+0.59%
1 Week
$1,301.99
+16.01%
1 Month
$1,406.16
+7.41%
1 Year
$1,292.80
+16.83%

Coinbase insights

Happening now

AI generated 5h ago

MKR claims first position in DeFi with roughly 0% daily gains while category dropped ↘8%.


Market Position

Surged ↗406% in daily trading volume despite broader DeFi weakness

Leads DeFi yearly performance with ↗17% gains vs category ↘56% decline

Ranks second in monthly DeFi gains at ↗9%, trailing CVX's ↗27%


Past Stories

(Sep 2025) Opened vote for MKR-to-SKY conversion penalties.

Source↗

Recent trends

The latest MKR price is $1,509.60. Compared to Maker's value of $1,501.50 from 24 hours ago, there's been a 1% increase, while the current price is 16% up from $1,301.99 which was recorded one week ago. Maker's all time high is $6,391.78, which was reached on May 3, 2021. This is a -76% change from its price today.

The fully diluted valuation of Maker is $1.51B. The diluted valuation of Maker is $1.51B.

FAQ

Maker (MKR) is a governance token linked to MakerDAO and the Maker Protocol, both built on the Ethereum blockchain. Its primary role is to facilitate the management of DAI, a decentralized stablecoin designed to maintain a value close to the US dollar. While MKR tokens do not yield dividends, they grant holders voting rights over decisions related to the Maker Protocol's development and risk management. The token's value can fluctuate based on DAI's performance and the broader dynamics of the decentralized finance (DeFi) ecosystem, where Maker plays a key role in offering decentralized financial solutions on smart contract platforms.

Maker enables MKR token holders to participate in the governance of the Maker Protocol, specifically in managing the DAI stablecoin. Voting power is proportional to the amount of MKR held, allowing users to vote on key decisions such as adding new collateral types, adjusting risk parameters, selecting oracles, modifying the DAI Savings Rate, and approving protocol upgrades. By influencing these governance aspects, MKR holders contribute to the stability and evolution of the Maker ecosystem. The governance model ensures that the protocol remains decentralized and responsive to the needs of its community.

Maker's primary use case is to provide a decentralized governance framework for the DAI stablecoin, enabling token holders to participate in key decision-making processes. This includes voting on protocol upgrades, adjusting risk parameters, and selecting reliable oracles. The Maker Protocol also allows users to generate DAI by depositing collateral assets into Maker Vaults, offering a way to access liquidity without traditional financial intermediaries. This positions Maker as a crucial component of the DeFi ecosystem, supporting a range of applications from decentralized lending to automated financial services.

MakerDAO, the organization behind the Maker ecosystem, was founded in 2015 by Danish entrepreneur Rune Christensen. Prior to creating MakerDAO, Christensen co-founded Try China, an international recruiting firm, and studied biochemistry at Copenhagen University and international business at Copenhagen Business School. The Maker Protocol was officially launched in December 2017, making it one of the pioneering projects in the DeFi space. Since its inception, Maker has played a significant role in shaping decentralized finance, contributing to the development of stablecoins and governance models that have influenced the broader blockchain industry.

We update our Maker to USD currency in real-time. Get the live price of Maker on Coinbase.

The current market cap of Maker is $0.00. A high market cap implies that the asset is highly valued by the market.

The all-time high of Maker is $6,391.78. This all-time high is highest price paid for Maker since it was launched.

Over the last 24 hours, the trading volume of Maker is $225.555K.

Assets that have a similar market cap to Maker include Aave MKR V2, Avalaunch, Decentralized Music Chain, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Maker is 0.

Maker ranks 344 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 91% of Coinbase users are buying Maker. In other words, 91% of Coinbase customers have increased their net position in Maker over the past 24 hours through trading.

Earn up to $2,000 when you buy $50 in crypto

Earn free crypto after making your first purchase.

Maker news

Trending articles

Social stats

Popularity in posts

#952

Contributors

12,094

Posts

17,570

% About Maker

0.024%

Articles

129

X (Twitter)

43.38% bullish

Sentiment

3.2 ★

Highlights

12,094 unique individuals are talking about Maker and it is ranked #952 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Maker has an average sentiment score of 3.2 out of 5. Finally, Maker is becoming less newsworthy, with 129 news articles published about Maker.

On Twitter, people are mostly bullish about Maker. There were 51.2% of tweets with bullish sentiment compared to 18.02% of tweets with a bearish sentiment about Maker. 48.8% of tweets were neutral about Maker. These sentiments are based on 2842 tweets.

On Reddit, Maker was mentioned in 1008 Reddit posts and there were 256572 comments about Maker. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

Powered by LunarCrush

Maker calculator

Related assets

Legal