MKR
Maker
MKR

Maker price

in USD
$1,582.7
-$25.9 (-1.62%)
USD
We can’t find that one.
Check your spelling or try another.
Market cap
$1.43B
Circulating supply
901.31K / 1.01M
All-time high
$6,349.3
24h volume
$84.89M
4.4 / 5
MKRMKR
USDUSD
Buy Maker

About Maker

MKR, short for Maker, is the governance token of the MakerDAO ecosystem, a pioneering decentralized finance (DeFi) project built on the Ethereum blockchain. MakerDAO is best known for its role in creating DAI, a stablecoin pegged to the US dollar, which allows users to access liquidity without relying on traditional banks. MKR plays a crucial role in the system by enabling holders to vote on key decisions, such as risk parameters and upgrades, ensuring the stability and efficiency of the protocol. As a governance token, MKR empowers its community to shape the future of decentralized finance, making it an essential asset for those interested in the evolution of blockchain-based financial systems.
AI-generated
RWA
DeFi
Official website
White Paper
Github
Block explorer
CertiK
Last audit: --

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.

Maker’s price performance

Past year
-14.54%
$1.85K
3 months
+0.28%
$1.58K
30 days
-21.48%
$2.02K
7 days
-2.60%
$1.62K
61%
Buying
Updated hourly.
More people are buying MKR than selling on OKX
Buy Maker

Maker on socials

Zuse
Zuse
In a few years, it will be clear how much of @Dust_Org's story is actually told through denizens that built on it. The world by itself is just a base layer, what will give it weight will be the things people dared to build on top, the experiments that became infrastructure, the names that outlived entire cycles. These projects won't be cosmetic, they will be survival, because without them, DUST will have stayed a fragile experiment. The projects will carry ethereum forward when it could have collapsed under its own weight. and that’s why i don’t just see dust as digital matter anymore, i see the projects that kept showing up, cycle after cycle, building through the noise until the noise became irrelevant. dust didn’t grow up on its own. the projects did the heavy lifting.
𝔽𝔼ℝℤ (♞,♞)
𝔽𝔼ℝℤ (♞,♞)
sometimes i forget how much of ethereum’s story is actually told through the projects that built on it. the chain by itself is just a base layer, what gave it weight were the things people dared to build on top, the experiments that became infrastructure, the names that outlived entire cycles. uniswap changed the way we think about markets, just a pool of liquidity and a swap button. it literally defined what defi even means. makerDAO gave us dai, and with it, the first stablecoin that wasn’t backed by some corporation’s promises. dai was proof that stability could exist without banks, ut became the quiet backbone of countless protocols that followed. aave took lending and borrowing and stripped away the institution, suddenly credit wasn’t about trust in a person, it was about trust in code. then came lido; staking was supposed to be technical, hardware-heavy, inaccessible to most. lido turned it into a collective effort, liquid staking that anyone could access, and in the process it ended up shaping half of ethereum’s validator set. ens sounds small until you use it, a string of numbers became a name, and with it, identity on-chain stopped feeling alien. and then the layer 2s. arbitrum. optimism. base. they didn’t compete with ethereum, they actually carried it. millions of transactions that would have drowned the base chain found room to breathe on these highways, still anchored back to ethereum security. these projects weren’t cosmetic, they were survival, because without them, ethereum would have stayed a fragile experiment. high fees would have priced people out, complexity would have scared people away, and eventually the story would’ve been told on another chain. but the projects stayed, they adapted, they carried ethereum forward when it could have collapsed under its own weight. and that’s why i don’t just see ethereum as a coin anymore, i see the projects that kept showing up, cycle after cycle, building through the noise until the noise became irrelevant. ethereum didn’t grow up on its own. the projects did the heavy lifting.
Gallery 1
1.43K
0
PaperImperium
PaperImperium
I don’t think I expected to be the only one doing a birthday post on the MakerDAO > @SkyEcosystem rebrand. But I’ve not seen one from the official handle or affiliated accounts like Spark. Rune in particular not having something is surprising since he’s who wanted to rebrand
PaperImperium
PaperImperium
Exactly 1 year ago, MakerDAO rebranded to Sky Ecosystem. In the lead up to this date I’ve covered Maker/Sky a lot, so this will be short, and summarized in two pictures: 1) DAI supply larger than USDS 2) A profit of $11m over 12 months
Gallery 1
Gallery 2
7.07K
13
Justin Wu π
Justin Wu π
I know crypto still feels way too complicated. You sign here, bridge there, switch chains, repeat. We act like that’s normal but it really isn’t. That’s why @anoma caught my attention. Instead of forcing you through all the steps, you just say what you want → the network does the work in the background. It’s like going from command line to iPhone — you stop caring about the process, you just care that it works. And privacy it doesn’t have to be everything public or everything hidden. With Anoma, every action can decide on its own sometimes open, sometimes private, sometimes just proof without details. That’s how people already behave in real life which is why I think $ANOMA is building the version of Web3 that will actually feel natural to use.
Gallery 1
2.93K
28
View more posts

Guides

Find out how to buy Maker
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Dive in
Predict Maker’s prices
How much will Maker be worth over the next few years? Check out the community's thoughts and make your predictions.
Forecast
View Maker’s price history
Track your Maker’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
Check it out
Own Maker in 3 steps

Create a free OKX account

Fund your account

Choose your crypto

Diversify your portfolio with over 60 euro trading pairs available on OKX

Maker FAQ

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.

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. 

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.

Currently, one Maker is worth $1,582.7. 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.
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.
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.
Check out our Maker price prediction page to forecast future prices and determine your price targets.

Dive deeper into Maker

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

ESG Disclosure

ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Market cap
$1.43B
Circulating supply
901.31K / 1.01M
All-time high
$6,349.3
24h volume
$84.89M
4.4 / 5
MKRMKR
USDUSD
Buy Maker
Easily buy Maker with free deposits via SEPA