About Maker
Maker is an Ethereum token that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” The purpose of the Maker system is to generate another Ethereum token, called Dai, that seeks to trade on exchanges at a value of exactly US$1.00.
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Buyer Ratio
Traders
207
17.61%
Buyers
89
21.92%
Sellers
125
15.74%
Searched
275
Market Stats
Market Cap
Not enough data
FDV
$1.84B
Circ. Supply
Not enough data
Max Supply
1M MKR
Total Supply
871K MKR
Total Value Locked
$5.88B
Diluted Valuation
$228.87M
Performance
Popularity
#3,677
Dominance
Not enough data
Volume (24H)
$3.47M
-9.38%
Volume (7D)
$23.50M
Volume (30D)
$93.75M
All time high
$6.39K
Price Change (1Y)
17.63%
Additional details
Market details
MKR vs markets
↘ 27.94%
MKR vs BTC
↘ 27%
MKR vs ETH
↘ 21.92%
Tags
store-of-value
defi
dao
governance
+4
Network & Addresses
Network | Address | |
---|---|---|
Ethereum | 0x9f8F72aA9304c8B593d555F12eF6589cC3A579A2 | |
Avalanche C-Chain | 0x88128fd4b259552A9A1D457f435a6527AAb72d42 | |
BNB Smart Chain | 0x5f0Da599BB2ccCfcf6Fdfd7D81743B6020864350 | |
Arbitrum | 0x2e9a6Df78E42a30712c10a9Dc4b1C8656f8F2879 |
Price history
Time | Price | Change |
---|---|---|
Today | $1,412.76 | ↘ 0.48% |
1 Day | $1,419.61 | ↘ 0.48% |
1 Week | $1,579.79 | ↘ 10.43% |
1 Month | $1,739.25 | ↘ 18.77% |
1 Year | $1,201.00 | ↗ 17.63% |
FAQ
Maker (MKR) is a governance token linked to MakerDAO and the Maker Protocol, both built on the Ethereum blockchain. Its primary role is to facilitate the management of DAI, a decentralized stablecoin designed to maintain a value close to the US dollar. While MKR tokens do not yield dividends, they grant holders voting rights over decisions related to the Maker Protocol's development and risk management. The token's value can fluctuate based on DAI's performance and the broader dynamics of the decentralized finance (DeFi) ecosystem, where Maker plays a key role in offering decentralized financial solutions on smart contract platforms.
Maker enables MKR token holders to participate in the governance of the Maker Protocol, specifically in managing the DAI stablecoin. Voting power is proportional to the amount of MKR held, allowing users to vote on key decisions such as adding new collateral types, adjusting risk parameters, selecting oracles, modifying the DAI Savings Rate, and approving protocol upgrades. By influencing these governance aspects, MKR holders contribute to the stability and evolution of the Maker ecosystem. The governance model ensures that the protocol remains decentralized and responsive to the needs of its community.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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