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How to Buy Maker
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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.
Buy MakerHappening now
AI generated 1h ago
As the MKR token undergoes a major upgrade to a new token called SKY, investors are watching its recent weekly price gains in the context of its longer-term performance.
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9/1/2025, 5:14:05 PM
Trading Insights
Buyer Ratio
39%0%
Traders
211
27.11%
Buyers
83
50.91%
Sellers
133
12.71%
Searched
433
Market Stats
Market Cap
Not enough data
FDV
$1.57B
Circ. Supply
Not enough data
Max Supply
1M MKR
Total Supply
871K MKR
Total Value Locked
$6.11B
Diluted Valuation
$617.91M
Performance
Popularity
#3,362
Dominance
Not enough data
Volume (24H)
$46.28M
-6.64%
Volume (7D)
$232.66M
Volume (30D)
$1.54B
All time high
$6.39K
Price Change (1Y)
-10.33%
Additional details
Market details
MKR vs markets
↘ 51.15%
MKR vs BTC
↘ 51.25%
MKR vs ETH
↘ 47.68%
Tags
store-of-value
defi
dao
governance
+5
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x9f8F72aA9304c8B593d555F12eF6589cC3A579A2 | |
Avalanche C-Chain | 0x88128fd4b259552A9A1D457f435a6527AAb72d42 | |
BNB Smart Chain | 0x5f0Da599BB2ccCfcf6Fdfd7D81743B6020864350 | |
Arbitrum | 0x2e9a6Df78E42a30712c10a9Dc4b1C8656f8F2879 |
Price history
Time | Price | Change |
|---|---|---|
Today | $1,576.30 | ↗ 2.37% |
1 Day | $1,538.98 | ↗ 2.37% |
1 Week | $1,485.72 | ↗ 5.96% |
1 Month | $1,875.93 | ↘ 16.08% |
1 Year | $1,755.65 | ↘ 10.33% |
Coinbase insights
Happening now
AI generated 1h ago
As the MKR token undergoes a major upgrade to a new token called SKY, investors are watching its recent weekly price gains in the context of its longer-term performance.
MKR is upgrading to a new token
The project has finalized its transition from MKR to the new SKY governance token
. So far, 26% of all MKR has been
migratedto the new token.
MKR shows strong weekly performance
MKR's price increased by
↗4%
over the past week, making it a top-3 performer among DeFi assets. This gain occurred as the broader DeFi category saw an average decline of
↘7%
during the same period.
Trading activity and monthly returns show a different picture
Despite recent gains, MKR's 24-hour trading volume fell by
↘4%
, and its monthly returns have underperformed the DeFi category average. In contrast, another DeFi asset, BAL, saw its trading volume surge by
↗341%
.
Recent trends
The latest MKR price is $1,576.30. Compared to Maker's value of $1,538.98 from 24 hours ago, there's been a 2% increase, while the current price is 6% up from $1,485.72 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 -75% change from its price today.
The fully diluted valuation of Maker is $1.57B. The diluted valuation of Maker is $1.57B.
Maker had 83 buyers, 133 sellers and total 211 trades in the last 24h. Maker was searched 433 times in the last 24h.
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 $46.28M.
Assets that have a similar market cap to Maker include Aave MKR V2, Tether USD Bridged ZED20, Pop Social, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Maker is 0.
Maker ranks 43 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.
Yes, Maker is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Maker guide.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Maker news
Trending articles
Social stats
Popularity in posts
#221
Contributors
5,896
Posts
9,987
% About Maker
0.143%
Articles
65
Hold times
0 days
X (Twitter)
40.8% bullish
Sentiment
4.5 ★
Highlights
5,896 unique individuals are talking about Maker and it is ranked #221 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 89 out of 5. Finally, Maker is becoming less newsworthy, with 65 news articles published about Maker.
On Twitter, people are mostly bullish about Maker. There were 56.2% of tweets with bullish sentiment compared to 37.73% of tweets with a bearish sentiment about Maker. 43.8% of tweets were neutral about Maker. These sentiments are based on 1156 tweets.
On Reddit, Maker was mentioned in 47 Reddit posts and there were 5967 comments about Maker. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Guides
Maker calculator
1 Maker (MKR) to Canadian Dollar (CAD)
CA$2,168.40
1 Maker (MKR) to British Pound (GBP)
£1,164.08
1 Maker (MKR) to Japanese Yen (JPY)
¥232,091.97
1 Maker (MKR) to Indian Rupee (INR)
₹138,731.17
1 Maker (MKR) to Real (BRL)
R$8,585.79
1 Maker (MKR) to Euro (EUR)
€1,346.88
1 Maker (MKR) to Nigerian Naira (NGN)
NGN 2,412,367.07
1 Maker (MKR) to South Korean Won (KRW)
₩2,197,144.26
1 Maker (MKR) to Singapore Dollar (SGD)
S$2,024.71
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.