MKR
MKR

Maker price

$1,502.00
-$54.0000
(-3.48%)
Price change for the last 24 hours
USDUSD
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Maker market info

Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price
Circulating supply
Total amount of a coin that is publicly available on the market.
Market cap ranking
A coin's ranking in terms of market cap value.
All-time high
Highest price a coin has reached in its trading history.
All-time low
Lowest price a coin has reached in its trading history.
Market cap
$1.26B
Circulating supply
834,879 MKR
83.02% of
1,005,577 MKR
Market cap ranking
46
Audits
CertiK
Last audit: --
24h high
$1,568.70
24h low
$1,494.20
All-time high
$6,349.30
-76.35% (-$4,847.30)
Last updated: May 4, 2021
All-time low
$170.00
+783.52% (+$1,332.00)
Last updated: Mar 13, 2020

Maker Feed

The following content is sourced from .
DeThings
DeThings
🔵Standard Crypto partner transferred 2,000 MKR and 20,000 AAVE to Coinbase 1 hour ago DeThings, April 30 - According to on-chain analyst Yu Jin's monitoring, Standard Crypto partner @izebel_eth transferred 2,000 MKR (approximately $3.06 million) and 20,000 AAVE (approximately $3.31 million) to Coinbase 1 hour ago. These MKR and AAVE tokens were purchased on-chain by him in late February and early March. He appears to have incurred a loss of $262,000 on these two tokens.
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5.5K
1
余烬
余烬
.@standardcrypto partner @izebel_eth transferred 2,000 $MKR ($3.06M) and 20,000 $AAVE ($3.31M) to Coinbase an hour ago. These MKR and AAVE tokens were purchased on-chain by him in late February and early March. He likely incurred a loss of $262,000 on these two tokens. Address link🔗👉: This article is sponsored by #Bitget|@Bitget_zh
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12.14K
5
Superchillen
Superchillen
Fc mkr 1W
nic carter
nic carter
the mastercard stablecoin announcement looks really substantive
3.18K
0
May0xMoon
May and reposted
May
May
JST: The Low-Key Dark Horse in the TRON Ecosystem, Rising with Dual Engines JST is the native token of JUST, part of the TRON ecosystem, primarily used for platform governance and staking rewards. The core products of JUST include the decentralized lending platform JustLend and the stablecoin USDD. For a long time, JST has been overlooked by the market, but with the explosion of core business, JST is undergoing a true transformation. From silence to reshaping, JST is quietly accumulating new strength. Core Business Explosion: Dual Engines of Lending + Stablecoin JustLend, incubated by JST, has grown into the largest lending platform in the TRON ecosystem, and ranks among the top tier in the entire on-chain market. Meanwhile, JST is also deepening its presence in the stablecoin track: since its launch, USDD has rapidly expanded and established a foothold on multiple mainstream trading platforms and DeFi applications, further solidifying the foundation of the entire ecosystem. A stable cash flow lending platform and a stablecoin system with expanding influence, JST has effectively formed a dual-engine layout driven by AAVE (lending) + MKR (stablecoin governance). This is not just a narrative, but visible profitability and growth. Profit Realization and Valuation Mismatch The overall valuation of JST remains significantly low, which is extremely mismatched with the scale of cash flow it is realizing. This mismatch between fundamentals and market pricing often breeds huge opportunities. If JST were to repurchase and burn all profits in the future, it would inevitably form a complete value loop. By repurchasing to enhance token scarcity, each profit growth will become an important factor driving token appreciation. Once this positive cycle starts, the value of the token will continue to rise. Poised to Shine, Value Will Eventually Be Seen JST is not just telling stories out of thin air, but proving itself with solid profit growth and ecosystem expansion. When fundamentals reverse, profits are realized, and supply decreases, the market will suddenly wake up at some point. For those who truly understand value investing, a dark horse never takes off through hype, but through patience, accumulating strength in silence. And JST is heading towards its true moment of glory. By the way, Brother Sun, is the name JUST because of JUST USE TRON? @justinsuntron @sunyuchentron @DeFi_JUST #TRONEcoStar
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65.08K
48
DIA Community Hub
DIA Community Hub
$DIA everywhere
LunarCrush.com Social Data
LunarCrush.com Social Data
🟩RWAs have seen a +12.45% weekly return with social activity accelerating across the board. Leaders with top social mentions in the real-world asserts crypto sector include: 1 Chainlink 2 Hedera 3 Avalanche 4 VeChain 5 Ondo 6 Injective 7 Internet Computer 8 Algorand 9 Quant 10 DIA 11 ELYSIA 12 Propchain 13 Goldfinch 14 Zebec Network 15 Propbase 16 XDC Network 17 Reserve Rights 18 Hifi Finance 19 Plume 20 Maker 21 LTO Network 22 Clearpool 23 Hathor 24 Brickken 25 Oraichain 26 Landshare 27 Lumia 28 MANTRA 29 TokenFi 30 IOTA 31 Pendle 32 TRUF Network 33 Polyhedra Network 34 Cogito Finance 35 Ozone Chain ...
110.35K
137

Maker price performance in USD

The current price of Maker is $1,502.00. Over the last 24 hours, Maker has decreased by -3.47%. It currently has a circulating supply of 834,879 MKR and a maximum supply of 1,005,577 MKR, giving it a fully diluted market cap of $1.26B. At present, the Maker coin holds the 46 position in market cap rankings. The Maker/USD price is updated in real-time.
Today
-$54.0000
-3.48%
7 days
+$14.0000
+0.94%
30 days
+$241.00
+19.11%
3 months
+$427.60
+39.79%

About Maker (MKR)

4.4/5
Certik
4.5
11/08/2024
CyberScope
4.2
11/09/2024
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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    About third-party websites
    By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.

In a push towards decentralization, governance tokens have emerged as a cornerstone of many crypto projects, allowing token holders to stake and vote on protocol modifications. MKR is the governance token for MakerDAO, which plays a pivotal role in ensuring the efficiency, transparency, and stability of DAI, a decentralized, collateral-backed stablecoin. 

What is MakerDAO

MakerDAO is a decentralized autonomous organization (DAO) that administers the DAI stablecoin through the Maker Protocol. This protocol enables the minting and management of DAI stablecoins while maintaining their peg to the US dollar using over-collateralization and other mechanisms. The primary responsibility of MKR holders is to vote on changes to the Maker Protocol, which directly impacts DAI. MKR's governance role ensures that the protocol adjusts and evolves in response to the market's demands and potential risks. 

The Maker team

Maker was created in 2015 by Rune Christensen, a Denmark-based entrepreneur. He graduated from the Copenhagen University with a degree in biochemistry. He also studied international business at the local Copenhagen Business School. Before founding MakerDAO, he co-founded Try China, an international recruiting company.

How does MakerDAO work

MKR holders are at the heart of the MakerDAO system, actively participating in Executive Voting. Successful votes translate into changes within the protocol. For instance, these token holders set the DAI savings rate, directly impacting the incentives for those who stake DAI. Contributors are rewarded for their active involvement. 

MKR tokenomics 

MKR tokens, capped at 977,631 in supply, are central to the MakerDAO ecosystem. They empower holders with governance rights, allowing them to shape the system's direction. Beyond governance, MKR is crucial in maintaining DAI's stability, ensuring its value remains pegged and resilient to market fluctuations. Notably, in situations of undercollateralization, MKR is auctioned to cover the deficit.

Furthermore, MKR tokens are used to settle stability fees, which are essentially interest charges on DAI loans. These MKR tokens are subsequently burnt, gradually reducing their overall supply and adding an element of scarcity.

MKR distribution

The distribution breakdown for MKR is as follows:

  • 69.5 percent: Founders and the project
  • 15 percent: Team
  • 4 percent: Seed round 1
  • 6 percent: Seed round 2
  • 5.5 percent: Seed round 3
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Socials

Posts
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 9.9K new posts about Maker, driven by 6.5K contributors, and total online engagement reached 63M social interactions. The sentiment score for Maker currently stands at 79%. Compared to all cryptocurrencies, post volume for Maker currently ranks at 0. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Maker.
Powered by LunarCrush
Posts
9,941
Contributors
6,489
Interactions
63,206,318
Sentiment
79%
Volume rank
#0

X

Posts
1,357
Interactions
1,925,495
Sentiment
63%

Maker FAQ

How is MKR different from DAI?

While both tokens are part of the MakerDAO ecosystem, MKR is a governance token, and its primary role is to oversee the protocol's operation and stability. In contrast, DAI is a stablecoin pegged to the US dollar, designed to maintain its value despite market volatility.

How is DAI's stability maintained?

DAI's stability is ensured through over-collateralization, liquidation processes, MKR governance, stability fees, and the DAI Savings Rate (DSR). Combined, these mechanisms help keep DAI's value close to $1. 

Where can I buy MKR tokens?

Easily buy MKR tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include MKR/BTC, MKR/USDC, and MKR/USDT.

You can also buy MKR with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Tether (USDT), and USD Coin (USDC), are also available.

Alternatively, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for MKR with zero fees and no price slippage by using OKX Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into MKR, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

How much is 1 Maker worth today?
Currently, one Maker is worth $1,502.00. For answers and insight into Maker's price action, you're in the right place. Explore the latest Maker charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Maker, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Maker have been created as well.
Will the price of Maker go up today?
Check out our Maker price prediction page to forecast future prices and determine your price targets.

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Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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