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Maker Price (MKR)

Maker Price (MKR)

Currency:
MKR to USD:
1 Maker equals $ 1,619.31 USD-5.86%1D
Page last updated: 2024-12-22 06:41 (UTC+0)
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Note: This information is for reference only.

Price of MKR today

The live price of Maker is $ 1,619.31 per (MKR / USD) with a current market cap of $ 1.44B USD. 24-hour trading volume is $ 103.21M USD. MKR to USD price is updated in real-time. Maker is -5.86% in the last 24 hours with a circulating supply of 891,098.11.
MKR Price History USD
Date ComparisonAmount Change% Change
Today$ -100.85-5.86%
30 Days$ -90.26-5.28%
60 Days$ 424.78+35.56%
90 Days$ 2.39308+0.15%

MKR Market Information

24h Low & High
Low: $ 1,596.91
High: $ 1,739.80
The highest and lowest price paid for this asset in 24 hours.
All Time High
$ 6,339.02
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
+0.36%
The percentage change in price for this asset compared to 1 hour ago.
Price Change (24h)
-5.86%
The percentage change in price for this asset compared to 24 hours ago.
Price Change (7d)
-16.41%
The percentage change in price for this asset compared to 7 days ago.

MKR Market Information

Popularity
#71
Popularity is based on the relative market cap of assets.
Market Cap
$ 1.44B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
$ 103.21M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
891,098.11
88.62%
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
1.01M
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
$ 1.63B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.

What Can You Do With Maker (MKR)?

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About Maker

MKR is the utility token of the Maker platform, which functions as the backbone of the DAI stablecoin. As one of the first ERC-20 tokens to launch on the Ethereum network, DAI and Maker have a complex relationship governed through MKR tokens. MKR price is updated and available in real-time on Binance.

MKR offers a number of uses in the Maker ecosystem, including governance. MakerDAO was one of the first decentralized autonomous organizations (DAOs) to launch and use active proposal smart contracts that feature a high degree of transparency and provide participants with control over the Maker platform.

MKR plays an important role in decisions like risk management actions taken by Maker, the addition of new collateralized currencies, and other changes, such as modifications of risk parameters in the issuance of DAI.

People Also Ask: Other Questions About Maker

  1. What is MKR Used For?

    MKR is used as a utility coin on the Maker platform to pay fees accrued on collateralized debt positions (CDP) used to generate DAI; MKR used in this process is burned. MKR is also used as a governance token within the MakerDAO model. Live MKR price data is available on Binance.

  2. How Do Network Consensus and Validation Work on Maker?

    Maker operates on the Ethereum network and uses proof-of-work (PoW) consensus. 

  3. Who is the Maker Founder?

    Rune Christensen founded Maker in 2017.

  4. What is the Maximum Token Supply of MKR?

    MKR is limited to a maximum token supply of 1,005,577.

  5. What Makes Maker Different from Others?

    Maker is a completely decentralized ecosystem that provides MKR holders with the ability to collectively govern the platform through MakerDAO. Maker is an essential element of the process used to generate DAI, an independently auditable decentralized stablecoin.

  6. How to Buy MKR?

    MKR can be purchased directly from Binance using a debit or credit card. MKR can also be traded for other cryptocurrencies on the Binance exchange. Live MKR price is updated in real-time on Binance. For additional instructions and information, users can read our How to Buy Maker (MKR) Guide.

MKR to Local Currency

FiatPriceOperation
1 MKR to TRY$ 1,619.31
1 MKR to RUB$ 1,619.31
1 MKR to EUR$ 1,619.31
1 MKR to AED$ 1,619.31
1 MKR to AUD$ 1,619.31
1 MKR to BRL$ 1,619.31
1 MKR to VND$ 1,619.31
1 MKR to IDR$ 1,619.31
Last updated 2024/12/22 06:41 (UTC)

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