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How to Buy Maker
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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 8h ago
MKR leads DeFi category in daily price gains with ↗3% increase, building on this momentum with a 5% surge over the past 10 hours.
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9.35%
74
39.62%
83
-9.78%
245
Not enough data
$1.73B
Not enough data
1M MKR
871K MKR
$6.11B
$238.37M
#3,636
Not enough data
$5.83M
76.97%
$24.87M
$95.78M
$6.39K
19.37%
MKR vs markets
↘ 27.11%
MKR vs BTC
↘ 31.42%
MKR vs ETH
↘ 23.25%
Tags
store-of-value
defi
dao
governance
+4
Network | Address | |
---|---|---|
Ethereum | 0x9f8F72aA9304c8B593d555F12eF6589cC3A579A2 | |
Avalanche C-Chain | 0x88128fd4b259552A9A1D457f435a6527AAb72d42 | |
BNB Smart Chain | 0x5f0Da599BB2ccCfcf6Fdfd7D81743B6020864350 | |
Arbitrum | 0x2e9a6Df78E42a30712c10a9Dc4b1C8656f8F2879 |
Time | Price | Change |
---|---|---|
Today | $1,449.67 | ↗ 4.04% |
1 Day | $1,376.51 | ↗ 4.04% |
1 Week | $1,535.80 | ↘ 5.53% |
1 Month | $1,692.30 | ↘ 14.26% |
1 Year | $1,215.47 | ↗ 19.37% |
AI generated 8h ago
MKR leads DeFi category in daily price gains with ↗3% increase, building on this momentum with a 5% surge over the past 10 hours.
Market Position
•
Outperforms struggling DeFi peers like 1INCH which dropped ↘2% in Tuesday trading
•
Monthly decline of ↘16% outperforms DeFi category average drop of ↘23%
•
Ranks among top-five DeFi assets in yearly gains at ↗18%
Past Stories
The latest MKR price is $1,449.67. Compared to Maker's value of $1,376.51 from 24 hours ago, there's been a 4% increase, while the current price is -6% down from $1,535.80 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 -77% change from its price today.
The fully diluted valuation of Maker is $1.73B. The diluted valuation of Maker is $1.73B.
Maker had 74 buyers, 83 sellers and total 152 trades in the last 24h. Maker was searched 245 times in the last 24h.
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.
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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.
Trending articles
Popularity in posts
#1297
Contributors
0
Posts
0
% About Maker
0.017%
Hold times
0 days
X (Twitter)
0% bullish
Sentiment
4.6 ★
Highlights
0 unique individuals are talking about Maker and it is ranked #1,297 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 92 out of 5. Finally, Maker is becoming less newsworthy, with 0 news articles published about Maker.
On Reddit, Maker was mentioned in 0 Reddit posts and there were 0 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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