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Maker

#167
MKR
$1,898.61
24h+0.38%
7d-3.47%
30d+8.90%

Maker Price Performance

Low
High
$1,889.88
$2,141.95

Maker Key Metrics

Market cap
$155.76M
FDV
$172.31M
Volume (24h)
$5.3K
Vol/Mkt Cap (24h)
0.00%
Total supply
91.07K MKR
Circulating supply
82.04K MKR

MKR to USD Converter

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Maker Overview

24h High
$2,141.95
24h Low
$1,889.88
24h Change
+0.38%
7d Change
-3.47%
30d Change
+8.90%
Volume 24h
$5.3K
Market Cap
$155.21M
Circulating Supply
82,037 MKR

Maker News

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About Maker

MakerDAO is a Decentralized Autonomous Organization (DAO) and open-source project on the Ethereum blockchain, created in 2014. Its governance token, MKR, is used by people around the world to manage the Maker Protocol and its financial risks. MKR voting power is proportional to the amount of MKR a voter stakes in the voting contract, DSChief. Maker Protocol enables users to create currency and is governed by MKR holders deciding on key parameters (stability fees, collateral types/rates, etc.) The Maker Protocol is the first DeFi application to earn significant adoption. The Maker Foundation is part of the global Maker community and works towards decentralizing the project.
MakerDAO has announced its strategic transition into Sky, encompassing the introduction of two new tokens - Sky Dollar (USDS) and the SKY governance token - as part of its "Endgame" overhaul. Effective from September 18, 2024, this transition offers DAI and MKR holders the option to upgrade their tokens to USDS and SKY, respectively. It's important to note that both original tokens, DAI and MKR, will continue to be available, with their functionality unchanged for the foreseeable future. This approach allows participants in the MakerDAO ecosystem to either stick with the established tokens or opt for the new tokens, which are integrated with enhanced features and governance capabilities.

The Maker Protocol, built on the Ethereum blockchain, enables users to create currency. Current elements of the Maker Protocol include the Dai stablecoin, Maker Collateral Vaults, Oracles, and Voting. MakerDAO governs the Maker Protocol by deciding on key parameters (e.g., stability fees, collateral types/rates, etc.) through the voting power of MKR holders.

The Maker Protocol, one of the largest decentralized applications (dapps) on the Ethereum blockchain, was the first decentralized finance (DeFi) application to earn significant adoption. As part of the transition to Sky, governance functions will gradually be integrated into the new SKY token, while USDS will serve as the next phase of MakerDAO’s stablecoin model.

The Maker Foundation, which is part of the global Maker community, built and launched the Maker Protocol in conjunction with a number of outside partners. It is currently working with the MakerDAO community to bootstrap decentralized governance of the project and drive it toward complete decentralization.
MakerDAO was created by Rune Christensen in March 2015 and the Maker Foundation was established in 2014. The Maker token (MKR) was launched in August 2015 and the first MakerDAO and DAI white paper was published in December 2017. MCD became live in 2019 and half a billion DAI was generated from crypto assets approved by Maker Governance in September 2020.

Maker Markets

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Maker Platforms

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Learn About Maker

MakerDAO Explained Without the Jargon That Confuses Everyone

MakerDAO Explained Without the Jargon That Confuses Everyone

MakerDAO showed software could do what banks do. It now services over $7.8 billion in stablecoin liabilities across DAI and USDS. Real-world assets make up 14% of reserves and have earned $35.7 million in revenue over 14 months. MKR buybacks hit $102 million since February 2025 before being cut 87% in March 2026. Here's how the protocol actually works, who governs it, and what the Sky rebrand means.

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Onyxcoin Price Prediction Through 2027 Based on Stablecoin Mechanics

Onyxcoin Price Prediction Through 2027 Based on Stablecoin Mechanics

XCN is used in the Onyx system as the gas token for transactions on the Onyxcoin network. You can get around 25.02% APY after fees when you stake XCN on the Goliath testnet. Stakers also get to help decide what happens in the Onyx DAO. These features change how much demand there is and how many transactions happen on the network.

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Often Discussed Alongside Maker

Tokens that appear with Maker in our academy articles.

Maker Market Data

The live Maker price today is $1,898.61 USD with a 24-hour trading volume of $5,300.38 USD. We update our MKR to USD price in real-time. Maker is up 0.38% in the last 24 hours.

The current market cap is $155,211,323.72 USD, ranking #167 by market capitalization. The circulating supply is 82,037 MKR.