Maker price, charts, marketcap and other stats

Maker
MKR
$ 706.10
0.03017779 BTC
Marketcap
$ 635,950,138
Volume (24h)
$ 20,360,578
Circulating Supply
901,311 MKR
Total Supply
977,631 MKR


What is Maker?

Maker is the system responsible for making DAI stable through “collateralized debt position” (CDPs) smart contracts on the Ethereum. MKR is an ERC-20 token created in response to insufficient collateral to back for DAI CDPs.

DAI is created through loan contracts which use Ether as a collateral. MKR Holders are responsible for regulating the collateralized rate making DAI consistently worth $1 and are rewarded for doing it; CDPs include a fee which is paid using MKR that is always burned, evating MKR's value.

CDPs are automatically liquidated in case Ether drops to a price such that their collateral (ETH) drops below a given value that is not enough to finance the amount of DAI loaned. If the liquidated volume recovered isn't enough to cover for the corresponding DAI volume loaned, the Maker system automatically creates new MKR tokens which are sold in open markets ensuring a positive balance. This mechanism incentives MKR holders to make rational decisions when voting for collateralized rates.

MakerDAO, the group responsible for Maker, also run a decentralized exchange called OasisDEX.


Maker Calculator

MKR

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* Currency in USD
Historical Price for Maker
DateOpenCloseHighLowVolume
Maker Markets
#SourcePairVolumePriceChangeUpdated
bitcoin
Bitcoin (BTC) $ 23,404.27
ethereum
Ethereum (ETH) $ 1,668.68
tether
Tether (USDT) $ 1.00
usd-coin
USD Coin (USDC) $ 1.00
bnb
BNB (BNB) $ 332.75
binance-usd
Binance USD (BUSD) $ 1.00
cardano
Cardano (ADA) $ 0.40023
solana
Solana (SOL) $ 24.42
dogecoin
Dogecoin (DOGE) $ 0.095537
polkadot
Polkadot (DOT) $ 6.88
dai
Dai (DAI) $ 1.00
shiba-inu
Shiba Inu (SHIB) $ 0.000015
matic-network
Polygon (MATIC) $ 1.24
xrp
XRP (XRP) $ 0.411375
tron
TRON (TRX) $ 0.064624
uniswap
Uniswap (UNI) $ 7.26
avalanche-2
Avalanche (AVAX) $ 21.02
litecoin
Litecoin (LTC) $ 98.61
chainlink
Chainlink (LINK) $ 7.23
axie-infinity
Axie Infinity (AXS) $ 11.63
the-sandbox
The Sandbox (SAND) $ 0.775399
pancakeswap-token
PancakeSwap (CAKE) $ 4.58
1inch
1inch (1INCH) $ 0.606612
sushi
Sushi (SUSHI) $ 1.52
link
LINK (LN) $ 42.86