Maker Price Performance (USD)
Maker's current price is $1,874.20**, reflecting a **-3.22% decline** since 00:00 (UTC+8). With a live market cap of **$1.69 billion, Maker ranks among the top cryptocurrencies, circulating 901,310 MKR tokens (max supply: unlimited).
Historical Price Extremes
All-Time High: $6,349.30 (May 4, 2021)
- 70.49% drop (-$4,475.10)
All-Time Low: $170.00 (March 13, 2020)
- 1,002.47% surge (+$1,704.20)
👉 Track real-time MKR price movements
About MakerDAO (MKR)
MakerDAO operates on Ethereum as a decentralized platform for:
- Stablecoin Dai: A 1:1 USD-pegged stablecoin backed by collateralized crypto assets.
- DeFi Solutions: Enables loans, margin trading, and global payments without intermediaries.
Key Resources:
Why Maker Matters in DeFi
1. Token-Driven User Behavior
As noted by industry experts like Graham Novak:
"Users choose blockchains based on token availability, not chain features. If Solana or Base hosts desired tokens like MKR, activity shifts there."
2. Risk Premium Debate
Sébastien Derivaux critiques centralized risk pricing:
"Risk premiums should reflect market dynamics, not committee decisions—a flaw Maker’s model may share."
3. Asset Diversification
Cookies (🍪,🍪) emphasizes:
"Diversifying collateral types strengthens Dai’s stability against market volatility."
FAQs About Maker (MKR)
1. What drives MKR’s price?
MKR fluctuates with Dai adoption, Ethereum’s performance, and broader DeFi trends.
2. How is Dai different from USDT/USDC?
Dai is decentralized and collateral-backed, while USDT/USDC rely on centralized reserves.
3. Can I earn interest with MKR?
Yes, through staking or providing liquidity in MakerDAO’s governance pools.
4. Is MakerDAO secure?
Its smart contracts are audited, but risks include Ethereum network congestion and collateral liquidations.
5. Where can I trade MKR?
👉 Buy MKR on leading exchanges
USD to MKR Converter
Use the tool below to calculate conversions:
| USD Amount | MKR Equivalent |
|---|---|
| $100 | ~0.053 MKR |
| $1,000 | ~0.533 MKR |
Final Thoughts
MakerDAO’s innovative stablecoin model positions MKR as a cornerstone of DeFi. Monitor its price dynamics, governance updates, and Dai adoption for long-term insights.
👉 Explore MKR trading strategies
Disclaimer: This content is for informational purposes only. Cryptocurrency investments involve risks; conduct independent research before deciding.