MKR
MKR

Maker price

$1,759.00
+$14.6000
(+0.83%)
Price change from 00:00 UTC until now
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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
$1.19B
Circulating supply
677,093 MKR
67.33% of
1,005,577 MKR
Market cap ranking
55
Audits
CertiK
Last audit: --
24h high
$1,786.90
24h low
$1,689.80
All-time high
$6,349.30
-72.30% (-$4,590.30)
Last updated: May 4, 2021
All-time low
$170.00
+934.70% (+$1,589.00)
Last updated: Mar 13, 2020

Maker Feed

The following content is sourced from .
Sky
Sky
Upgrade your MKR to SKY. Do more in DeFi. Use your favorite frontend: · Sky App · @DeFiSaver · @CoWSwap · @summerfinance_ Don’t wait.
11.06K
27
比特币橙子Trader
比特币橙子Trader
Orange Evening Analysis 5.20 GENIUS Stablecoin Act advances further in the Senate! Crypto market is boiling, #RWA #Stablecoin sectors are taking off, with a potential capital exposure of up to $2 trillion. Dollar hegemony + new play for U.S. Treasury bonds—could this signal an altcoin bull run? The biggest news last night was that the GENIUS Stablecoin Act passed the Senate's second procedural motion vote. While this doesn’t mean the bill is passed, it’s a significant step forward compared to the bearish news on May 8, when the procedural vote failed due to the Democratic Party withdrawing support (concerns over anti-money laundering and Trump-related conflicts of interest). Essentially, this marks a restart for the bill. The next steps include Senate debates and amendments, a final Senate vote, House review, bicameral coordination, and presidential signing. Although the road to final legislation is still long—earliest completion expected by August—the impact of this stablecoin bill on crypto is immense. Even crypto czar David Sacks tweeted that this procedural approval is a major victory for the cryptocurrency sector. Coinbase CEO also stated that if the bill passes, it would be a huge win for on-chain innovation. White House digital asset advisor Bo Hines believes the GENIUS Act will solidify the dollar’s dominance and position U.S. asset innovation as a global leader. Many people might still be unclear about the specific benefits this bill brings to crypto. Firstly, it opens up massive capital exposure. The stablecoins we currently use, like USDC and USDT, are still considered niche assets by Wall Street, with compliance and regulation being the main barriers to large-scale institutional entry. If the stablecoin bill passes, institutions will have no more concerns. Elizabeth Warren even estimated that this bill could expand the stablecoin market size from $200 billion to $2 trillion, which is close to Canada’s GDP. Imagine this scale of capital entering the crypto market—wouldn’t everything skyrocket? Altcoin bull runs wouldn’t be a concern anymore. Secondly, the global status of the dollar would be safeguarded. On-chain stablecoins and investments would become new reservoirs for U.S. Treasury bonds. Whether the new stablecoin is USD1 or USD2, the underlying asset will ultimately be U.S. Treasury bonds. Trump’s push for this stablecoin bill, even personally promoting it, is essentially aimed at weakening the dollar while ensuring its global influence. This requires enhancing the utility of U.S. Treasury bonds. Currently, Tether’s holdings of U.S. Treasury bonds are already among the top globally, surpassing Germany’s reserves as of last night’s news. If dozens or hundreds more Tethers are created in the future, U.S. Treasury bonds might not even be sufficient. This way, the U.S. debt crisis could be controlled. Trump’s earlier statement about relying on crypto to solve the U.S. debt problem might ultimately hinge on the stablecoin plan. With the current $37 trillion U.S. Treasury bond market, the capital influx into on-chain and crypto markets would be even larger. Therefore, if this bill passes, it would undoubtedly be a super bullish event, surpassing Bitcoin spot ETFs or even national strategic reserve-level benefits. Because of this bill, today’s #RWA #Stablecoin sectors have surged. Let’s start with RWA. Since stablecoins are pegged to U.S. Treasury bonds or dollar-equivalent assets, they essentially qualify as real-world assets (RWA). Moreover, if the dollar can go on-chain, other physical and financial assets can also go on-chain. The method for on-chain integration would likely rely on existing infrastructure. Thus, #RWA is bound to be a super sector for a long time. Today, almost all RWA-related projects have surged, especially the new RWA stars on-chain like $collat, $kta, $token, $mpl, etc., with gains exceeding 30%. Leading projects like $ondo, $link, $mkr, $syrup, $om also showed strong performance, with single-day gains exceeding 5%. Next is stablecoin protocols. Although there’s been much discussion today suggesting that the stablecoin bill is actually bearish for existing decentralized stablecoin protocols—since the future market will likely only recognize stablecoins collateralized by the dollar—the current stablecoin protocols were designed to counter centralized fiat currencies. They’ve implemented various mechanisms to optimize fiat currencies. However, Luna’s collapse has shown the limitations of pure algorithmic stablecoins. Over-collateralized or semi-algorithmic models either suffer from low capital efficiency or are prone to de-pegging, making it difficult to sustain large-scale operations. Theoretically, if hundreds more USDTs are created, decentralized stablecoins might struggle to find a foothold. Nonetheless, there’s still short-term speculative potential. Last night, $aave, $fxs, $ena, $pendle, $crv all saw gains of 10-20%, indicating that centralized exchanges (CEXs) currently have no other options but to play this concept. As for on-chain meme coins, there wasn’t much action last night. I mentioned in a previous article that the “believe” strategy has diverted too much in-market capital to traditional Web2, causing a drop in retail investor confidence and sentiment. This marks a short-term peak. The next trend might return to mainstream narratives like RWA, AI, DeFi, PayFi, and L1. However, a true altcoin bull run will only happen after Bitcoin officially reaches ATH. This round of altcoin bull runs might occur after Bitcoin hits $120k, so everyone should patiently wait.
Show original
78.09K
11
Mando
Mando
🟥 Things I’m looking at today 🟥 ETH leads majors, SOL ETFs delayed, Bybit allows stock trading Crypto * BTC: 105k (+2%), ETH: 2535 (+6%), SOL: 168 (+4%) * Top Gainers: AAVE, CRV, VIRTUAL, MKR, TAO * BTC ETFs: +$668mn, ETH ETFs: +$14mn * BTC pulls back from 106k, ETH leads majors * BTC becomes 6th most valuable asset in the world * BTC ETF inflows surge as basis trade nears 9% * SEC delays SOL ETFs, cites various issues * AAVE leads altcoins as TVL breaks $30bn * Bybit allows users to trade top stocks with USDT * GENIUS Act moves to full vote in senate * Strategy buys $765m more BTC * Lawsuit alleging deception filed against Strategy * DigiAsia to raise $100m to buy BTC * JPM will not hold BTC in custody: Dimon * Cramer recommends BTC as a hedge for US debt * DoJ investigating Coinbase on data theft * Circle shopping itself to Coinbase and Ripple pre-IPO * SOL made up 50%+ of all L1 revenue in past week * Alpenglow to bring 100x latency improvement to SOL * Dorsey wants BTC to be valued in Satoshis * Revolut to invest >EUR1b in France * Binance seeks to dismiss $1.7bn FTX lawsuit Macro & General * NASDAQ: 19.2k (0%), Gold: 3236 (0%) * Futures fall after 6-day win streak * Gold ETF got largest weekly outflow since 2013 * US small caps set for largest annual outflow ever * S&P 500 profit guidance momentum at 15 year low * Retail continues to be largest buyer of stocks * Atalanta Fed president predicts 1 rate cut in 2025 * US 2025 recession chances fall to 36% * Risky debt issuance down 90% in the US * Klarna losses widen on debt defaults * More trade deals could come this week: Hassett * Japan 30yr yield hits ATH * Our situation worse than Greece: Japan PM * BoJ considers reducing bond buying pace * Japan sticking to ‘no tariffs’ demand with US * China rebukes US adjusting chip export controls * Russia, Ukraine to start negotiations: Trump * India expects multi-phase trade deal with US * EU to launch EUR 150b loans-for-arms scheme Left Curve Corner * Hot coins: REKT, LAUNCHCOIN, HOUSE, GONC * Hot NFTs: Pengztracted, Abstra Universe * LAUNCH $280m, ICM meta remains strong * HOUSE $40m, leads rally in SOL memecoins * Meteora v2 to support Believe & Time dot fun * PumpFun begins to lose market share in launches * Kaito aiming to become ‘BNB of capital formation’ * Huma Finance joins Kaito rewards * Off The Grid KOLs claim payments are missing * Many NFTs are not securities: Pierce gm
26.99K
76
Chang 🧪
Chang 🧪
Robert Chang 🧪, [May 20, 2025 at 2:02 PM] Stablecoins 🔥 🔥 Robert Chang 🧪, [May 20, 2025 at 2:03 PM] Ethena aave maker curve virtual Robert Chang 🧪, [May 20, 2025 at 2:03 PM] Blue chips 🔥 Robert Chang 🧪, [May 20, 2025 at 2:03 PM] Defi 🔥 Robert Chang 🧪, [May 20, 2025 at 2:03 PM] Regulation cleared 🔥 Robert Chang 🧪, [May 20, 2025 at 2:03 PM] Proceeding to Tokenize the real world… Robert Chang 🧪, [May 20, 2025 at 2:03 PM] Loading…
20.74K
0
Vance Spencer
Vance Spencer reposted
Block Analitica
Block Analitica
DeFi just started. To support the SKY upgrade, we have added a new MKR to SKY Upgrade page to the Sky Risk & Analytics Dashboard. →
Sky
Sky
SKY is now the sole governance token of the Sky Protocol. Upgrade your MKR to SKY to maintain participation in governance, access to rewards on SKY tokens, and take part in the evolution powering the next phase of DeFi.
10.18K
23

Maker price performance in USD

The current price of Maker is $1,759.00. Since 00:00 UTC, Maker has increased by +0.84%. It currently has a circulating supply of 677,093 MKR and a maximum supply of 1,005,577 MKR, giving it a fully diluted market cap of $1.19B. At present, the Maker coin holds the 55 position in market cap rankings. The Maker/USD price is updated in real-time.
Today
+$14.6000
+0.83%
7 days
-$66.2000
-3.63%
30 days
+$409.20
+30.31%
3 months
+$300.90
+20.63%

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 TR from the sources provided and is for informational purpose only. OKX TR 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 TR does not guarantee any return, repayment of principal or interest. OKX TR 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
    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 TR and its affiliates ("OKX TR") are not in any way associated with the owner or operator of the TPW. You agree that OKX TR 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 10K new posts about Maker, driven by 6.3K contributors, and total online engagement reached 77M social interactions. The sentiment score for Maker currently stands at 74%. 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
9,974
Contributors
6,344
Interactions
76,860,136
Sentiment
74%
Volume rank
#0

X

Posts
1,315
Interactions
3,035,446
Sentiment
70%

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 TR cryptocurrency platform. Available trading pairs in the OKX TR 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 TR 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 TR Crypto Converter Calculator. OKX TR'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 $1,759.00. 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 TR.
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 TR 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 TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. 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 TR 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 TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR 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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