Slow
12 Gwei
Standard
13 Gwei
Fast
14 Gwei
Powered by Etherscan
My Learnlist: Coming Soon!
My Learnlist: Coming Soon!

Learn by real-life examples: Select, Track & Understand any cryptos with the unique Learnlist feature!

Notify Me!
Portfolio: Coming Soon!
Portfolio: Coming Soon!

Set your wallet & get powerful insights backed by data. Easily learn how to use it for your highest rewards!

Notify Me!
Maker

Maker MKR

Token
Maker Price (MKR)
$649.11
0.21% Buy MKR

0.5012 ETH

0.0379 BTC

Low: $642.76
High: $651.47
24h
Market Cap
$634,585,393
0.21%
Fully Diluted Market Cap
$651,931,264
0.21%
Volume
24h
$24,600,722
36.87%
Volume / Market Cap
0.0388
Circulating Supply
977,631 MKR
97.22%
Max Supply
1,005,577
Total Supply
977,631
Maker MKR
Price: $649.11
0.21% Buy MKR

Current market Price of a specific cryptocurrency.

Learn this metric

The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

Learn this metric

The highest historical cryptocurrency value.

Learn this metric

The lowest historical cryptocurrency value.

Learn this metric

Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

Learn this metric

Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

Learn this metric

The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

Learn this metric

Verified Data

Maker project's Circulating Supply has been verified and is equal to:

Circulating Supply

977,631 MKR

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

Learn this metric

The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

Learn this metric
Share it with your friends

Current price of Maker is $649.11

Maker (MKR) Social Signals & Traffic Tracker
Maker twitter
Twitter Stats
@MakerDAO

Followers

236,804

0.07%

Following

255

0.00%

Tweet count

5,200

1.31%

Joined at Apr 21, 2015
Maker reddit
Reddit Stats
r/MakerDAO

Subscribers

34,644

0.03%

Subreddit type

public

Moderators

8

0.00%

Joined at Aug 16, 2015
Maker telegram
Telegram Stats
@makerdaoOfficial

Title

MakerDAO Chat

Members

14,111

0.62%

Maker traffic
Website Traffic
makerdao.com

Website Rating (DR)

79 / 100

0.00%

Ahrefs Rank

17,347

1.32%

Organic Traffic (mo.)

25,542

19.04%

Maker github
GitHub Organization
makerdao

Public repos

289

Type

Organization

Created at May 20, 2015
Maker github
GitHub Public Repository

Currently, official Maker (MKR) GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆

Project's main Github metrics, like how many public repositories it has, the type of the account (organization or personal), and when was the GitHub account created. Stats are updated weekly.

Project's main GitHub public repository metrics, like the number of stars, watchers, forks, and the programming language used. Stats are updated weekly. If the project doesn't have a public repository, and only a private one, its metrics will not appear here.

Project's main Telegram metrics, like channel title & member count. The graph shows the dynamics of these metrics throughout recent months. Stats are updated weekly.

Project's main Twitter metrics, like Follower count, how many accounts they are following, and how many Tweets the account has posted to date. The graph shows the dynamics of these metrics throughout recent months. Stats are updated weekly. Below, you can see the Project's Twitter feed.

Project's main Reddit metrics, like Subreddit subscriber count, community type (public, restricted, private, premium-only), and the number of Subreddit moderators. The graph shows the dynamics of these metrics throughout recent months. Stats are updated weekly. Below, you can also find Project Subreddit's most trending topics, updated daily.

Project's main Website traffic metrics, like Website Domain Authority, Ahrefs rank, and monthly Organic Traffic. The graph shows the dynamics of these metrics throughout recent months. Stats are updated monthly.

Maker Price Statistics

Maker Price
$649.11
Price Change 24h
$1.36
0.21%
24h Low / 24h High
$642.76 /
$651.47
All Time High
May 03, 2021 (1 year 6 months ago)
$6,339.02
89.76%
All Time Low
Jan 30, 2017 (5 years 10 months ago)
$21.06
2,982.20%
Trading Volume 24h
$24,600,722
36.87%
Volume / Market Cap
0.0388
Market Dominance
0.07%
Market Rank
#69
Market Cap
$634,585,393
0.21%
Fully Diluted Market Cap
$651,931,264
0.21%

Live MKR Price Analysis

The current real time Maker price is $649.11, and its trading volume is $24,600,722 in the last 24 hours. MKR price has grew by 0.21% in the last day, and increased by 0.80% in the last 7 days. It’s important to note that current Maker market capitalization is $634,585,393, and the maximum supply is 1,005,577 MKR coins. Talking about circulating supply, MKR has 977,631 coins. Currently, Maker rank on the market is #69.

Maker price today is 89.76% below all time high, and it is 2,982.20% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling MKR are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What Is the Maker Protocol (MKR)?

Maker (MKR) is a utility token of the Maker Protocol based on the ERC-20 token standard. The Maker Protocol essentially is a multi-collateral Dai system that is operated by MakerDAO, which is a decentralized Ethereum-based organization. If you're interested in the current asset performance, check out the MKR price chart above.

The Maker Protocol enables users to issue Dai (DAI) stablecoins. All they have to do is take out a loan by locking-in collateral in exchange for Dai. Dai is one of the largest stablecoins that has a soft peg to USD. Essentially, any supported collateral, such as ETH, can be locked in the Maker Protocol, and an equal amount of Dai will be created as debt. The DAI value is not directly tied to the Maker price.

The Founder of MakerDAO

Rune Christensen developed MakerDAO in 2015. Rune Christensen is a Danish entrepreneur who has a degree in biochemistry and international business. Apart from founding MakerDAO, he also co-founded Try China.

Rune Christensen is accompanied by Steven Becker, who is the COO of the MakerDAO crypto project. He has experience leading various financial projects, including Polus Capital, Cubit Capital, and others.

Since its launch, the Maker price has shown a tendency towards mild-to-high volatility. It's also typically followed the broader market trends, with its value changing accordingly.

The Purpose of MKR Tokens

The main purpose of MKR is to give its holders direct access to the DAI governance process. In order to vote on various modifications that are planned to be made to the Maker Protocol, users have to hold MKR tokens. The influence they have depends on the amount of the Maker coins they hold.

The voting process happens through two pools:

  • Proposal pool
  • Executive pool

The community's opinion on a proposed modification is evaluated using the proposal pool. This process is done to ensure that suggestions for amendments have been carefully considered. After the proposal is approved, it's time to turn to the executive pool. In this pool, holders of MKR tokens can cast a formal vote for or against a certain proposal. The active proposal is then selected based on whatever smart contract address obtains the most MKR tokens.

However, MKR tokens have one more purpose – recapitalization. This means that MKR tokens can be used to safeguard the DAI stablecoin ecosystem from going bankrupt in times of high volatility in the crypto market. You'll find an in-depth explanation in the next chapter.

The Supply of MKR Tokens

MKR tokens have a dynamic supply, which is influenced by how the changes in the crypto market affect DAI tokens. This happens due to the second function of MKR tokens that was mentioned above. The lack of a maximum supply cap means that MKR is an inflationary asset. Therefore, it may be more difficult to predict the long-term Maker price trends.

So, how does it work?

As a stablecoin, the DAI value is backed by collateral. Other crypto assets that users deposit into Ethereum-based vaults when creating new DAI tokens serve as the collateral backing DAI.

In times of crypto market price declines, the quantity of crypto that is kept in these vaults may not be enough to fully collateralize DAI. To solve that, the Maker Protocol takes a vault that is insufficient and starts an automatic liquidation of its funds. 

Then, the Maker uses the collected revenue to pay the debts associated with that certain vault. Following that, new MKR tokens are created to compensate for any shortfalls in DAI generated during the liquidation. Essentially, this boosts the total supply and affects the MKR price.

On the other hand, when the quantity of DAI generated by the auctions is above the required threshold, the Maker protocol employs a buy-back-and-burn mechanism for MKR tokens. In essence, the Maker buys a portion of MKR tokens and burns them immediately. This way, the token supply decreases.

However, additional MKR tokens are not mineable and can only be issued for recapitalization. Nevertheless, you can always buy MKR tokens on various exchanges. Just keep in mind that the Maker price is prone to fluctuate.

What's Maker trading volume in the last 24 hours?

MKR has a trading volume of $24,600,722 in the last 24 hours.

What's Maker highest price ever?

MKR has a highest price of $6,339.02, which was reached on May 03, 2021 (1 year 6 months ago).

What's Maker lowest price ever?

MKR has a lowest price of $21.06, which was reached on Jan 30, 2017 (5 years 10 months ago).

What are the best exchanges for buying and selling MKR?

Currently, the most active and dominating exchanges for buying and selling Maker are Binance, Kraken & Kucoin. The most popular Maker trading pairs are MKR/USDT (on Binance ), MKR/USD (on Coinbase ), MKR/BUSD (on Binance ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping MKR?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Maker. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

Pages Related to Maker

Read the hottest Crypto News.

Watch Animated Crypto Video Explainers.

Learn Crypto From Scratch.

Current market Price of a specific cryptocurrency.

Learn this metric

The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

Learn this metric

The highest historical cryptocurrency value.

Learn this metric

The lowest historical cryptocurrency value.

Learn this metric

Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

Learn this metric

Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

Learn this metric

The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

Learn this metric

Verified Data

Maker project's Circulating Supply has been verified and is equal to:

Circulating Supply

977,631 MKR

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

Learn this metric

The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

Learn this metric
Share it with your friends

Current price of Maker is $649.11

Hey, I’m Astra - your gateway to the Learnoverse. Have a dream of changing your life with crypto? Follow me, I will show you the learning path, as well as how to earn big rewards while learning.

Enter the Learnoverse Courses Now

Learnoverse Astra Learnoverse Astra
binance
×
Verified

$600 WELCOME BONUS

Earn Huge Exclusive Binance Learners Rewards
Rating