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.
Happening now
AI generated 16h ago
MKR declined ↘1% this Thursday afternoon, ranking eighteenth in daily volume among DeFi assets.
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Trading Insights
Searched
62
Market Stats
Market Cap
Not enough data
FDV
$1.45B
Circ. Supply
Not enough data
Max Supply
1M MKR
Total Supply
871K MKR
Total Value Locked
$5.79B
Diluted Valuation
$144.77M
Performance
Popularity
#4,348
Dominance
Not enough data
Volume (24H)
$88.61K
8.8%
Volume (7D)
$734.55K
Volume (30D)
$4.31M
All time high
$6.39K
Price Change (1Y)
Not enough data
0.47%
Additional details
Market details
MKR vs markets
↗ 6.75%
MKR vs BTC
↗ 8.68%
MKR vs ETH
↗ 6.37%
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 | $1,456.79 | |
1 Day | $1,422.75 | |
1 Week | $1,344.67 | |
1 Month | $1,367.30 | |
1 Year | $1,462.88 |
Coinbase insights
Happening now
AI generated 16h ago
MKR declined ↘1% this Thursday afternoon, ranking eighteenth in daily volume among DeFi assets.
Market Position
•
Volume surged ↗50% today, while underperforming ZRX and JUP in price growth
•
Monthly gains of ↗5% trail emerging DeFi peers like JTO and CVX
•
Weekly volume dropped ↘87%, contrasting category leaders' consistent trading activity
Past Stories
•
(Sep 2025) Opened vote to penalize MKR-to-SKY conversion delays.
Source↗Recent trends
The latest MKR price is $1,456.79. Compared to Maker's value of $1,422.75 from 24 hours ago, there's been a 2% increase, while the current price is 8% up from $1,344.67 which was recorded one week ago. Maker's all time high is $6,391.78, which was reached on May 3, 2021. This is a -77% change from its price today.
The fully diluted valuation of Maker is $1.45B. The diluted valuation of Maker is $1.45B.
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.
Maker news
Trending articles
Social stats
Popularity in posts
#973
Contributors
12,094
Posts
17,570
% About Maker
0.023%
Articles
129
X (Twitter)
43.38% bullish
Sentiment
4.4 ★
Highlights
12,094 unique individuals are talking about Maker and it is ranked #973 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Maker has an average sentiment score of 4.4 out of 5. Finally, Maker is becoming less newsworthy, with 129 news articles published about Maker.
On Twitter, people are mostly bullish about Maker. There were 51.2% of tweets with bullish sentiment compared to 18.02% of tweets with a bearish sentiment about Maker. 48.8% of tweets were neutral about Maker. These sentiments are based on 2842 tweets.
On Reddit, Maker was mentioned in 1008 Reddit posts and there were 256572 comments about Maker. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.