• Cryptos 22417
  • Exchanges 1511
  • Market Cap $2.86T 0.41%
  • 24h Vol $84.19B
  • Dominance BTC 59.6% ETH 10.8%

Maker Live Price Update & Market Capitalization

Maker MKR N/A

$1,745.29 1.52% (1d)

Market Overview

Maker current market price is $1,745.29 with a 24 hour trading volume of $79,576. The total available supply of Maker is 82,916 MKR with a maximum supply of 1,005.58K MKR. It has secured Rank (Not Available) in the cryptocurrency market with a marketcap of $0. The MKR price is 0.76% down in the last one hour.


The high price of the Maker is $1,768.66 and low price is $1,711.27 in the last 24 hours. Live prices from all markets and coin market Capitalization. Stay up to date with the latest price movements. Check our coin stats data and see when there is an opportunity to buy or sell at best price in the market.

Maker Rank

(Not Available)

Maker Price

$1,745.29

Market Cap

$0 0%

Fully Diluted Valuation

$144.71M

Trading Volume(24h)

$79,576

Circulating Supply

0 MKR

Total Supply

82,916 MKR

Max Supply

1,005.58K MKR

High(24h)

$1,768.66

Low(24h)

$1,711.27

All-time High

$6,292.31 72.26%
03 May 2021

All-time Low

$168.36 936.66%
16 Mar 2020

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Maker Price Chart

1h

0.76%

24h

1.52%

7d

7.04%

14d

5.44%

30d

4.69%

60d

14.28%

200d

3.6%

1y

17.57%

Maker Historical Data

Historical data of Maker past 365 days.

DateMarket CapVolumeClose
2025-08-26$0.00$125,779,916.49$1,485.10
2025-08-27$0.00$155,037,247.69$1,597.64
2025-08-28$0.00$89,555,216.47$1,590.25
2025-08-29$0.00$56,434,266.17$1,541.55
2025-08-30$0.00$64,622,670.81$1,535.33
2025-08-31$0.00$31,457,732.51$1,566.95
2025-09-01$0.00$40,569,011.78$1,542.07
2025-09-02$0.00$52,637,809.53$1,581.03
2025-09-03$0.00$181,728,015.57$1,747.68
2025-09-04$0.00$71,697,010.06$1,784.80
2025-09-05$0.00$117,067,133.35$1,747.69
2025-09-06$0.00$110,744,758.13$1,800.12
2025-09-07$0.00$59,829,993.80$1,709.03
2025-09-08$0.00$42,478,543.69$1,704.93
2025-09-09$0.00$58,184,946.13$1,669.55
2025-09-10$0.00$64,316,849.47$1,669.18
2025-09-11$0.00$45,717,146.16$1,731.88
2025-09-12$0.00$30,535,114.19$1,723.59
2025-09-13$0.00$17,131,452.04$1,760.31
2025-09-14$0.00$15,756,342.66$1,836.93
2025-09-15$0.00$17,244,657.33$1,800.26
2025-09-16$0.00$5,731,072.18$1,746.40
2025-09-17$0.00$5,941,474.55$1,765.26
2025-09-18$0.00$11,664,841.71$1,838.33
2025-09-19$0.00$3,508,111.99$1,845.38
2025-09-20$0.00$2,528,230.02$1,754.10
2025-09-21$0.00$1,549,572.37$1,711.98
2025-09-22$0.00$2,007,975.87$1,673.86
2025-09-23$0.00$4,464,255.43$1,589.30
2025-09-24$0.00$2,281,424.54$1,629.01
2025-09-25$0.00$1,227,702.71$1,604.07
2025-09-26$0.00$1,275,166.85$1,554.05
2025-09-27$0.00$1,096,934.58$1,604.73
2025-09-28$0.00$407,545.05$1,552.85
2025-09-29$0.00$923,523.75$1,636.89
2025-09-30$0.00$845,906.58$1,568.35
2025-10-01$0.00$827,402.25$1,612.98
2025-10-02$0.00$1,812,959.97$1,687.00
2025-10-03$0.00$1,319,534.29$1,664.35
2025-10-04$0.00$1,205,356.03$1,647.64
2025-10-05$0.00$459,353.82$1,604.97
2025-10-06$0.00$731,963.53$1,603.24
2025-10-07$0.00$526,592.22$1,640.38
2025-10-08$0.00$1,044,677.10$1,577.79
2025-10-09$0.00$411,772.38$1,622.11
2025-10-10$0.00$496,301.52$1,582.73
2025-10-11$0.00$2,951,183.03$1,485.03
2025-10-12$0.00$1,080,559.21$1,382.92
2025-10-13$0.00$752,699.35$1,499.02
2025-10-14$0.00$473,162.49$1,547.09
2025-10-15$0.00$488,548.81$1,501.43
2025-10-16$0.00$924,171.47$1,425.42
2025-10-17$0.00$368,959.12$1,423.19
2025-10-18$0.00$801,813.05$1,388.27
2025-10-19$0.00$249,857.50$1,396.37
2025-10-20$0.00$267,617.57$1,402.10
2025-10-21$0.00$347,753.12$1,386.97
2025-10-22$0.00$739,003.70$1,378.36
2025-10-23$0.00$311,016.06$1,384.37
2025-10-24$0.00$240,278.04$1,393.27
2025-10-25$0.00$360,863.20$1,402.34
2025-10-26$0.00$140,586.32$1,396.63
2025-10-27$0.00$412,572.76$1,405.33
2025-10-28$0.00$736,639.05$1,422.72
2025-10-29$0.00$250,484.66$1,380.03
2025-10-30$0.00$396,404.76$1,413.55
2025-10-31$0.00$418,993.86$1,367.73
2025-11-01$0.00$1,088,595.78$1,323.50
2025-11-02$0.00$640,293.03$1,325.98
2025-11-03$0.00$502,475.46$1,317.45
2025-11-04$0.00$992,186.07$1,267.73
2025-11-05$0.00$1,751,814.72$1,255.22
2025-11-06$0.00$1,185,932.95$1,235.23
2025-11-07$0.00$514,521.84$1,183.73
2025-11-08$0.00$681,552.69$1,312.03
2025-11-09$0.00$238,381.99$1,221.06
2025-11-10$0.00$163,729.61$1,292.87
2025-11-11$0.00$298,357.62$1,364.37
2025-11-12$0.00$375,128.18$1,244.34
2025-11-13$0.00$1,211,962.08$1,387.88
2025-11-14$0.00$770,679.08$1,310.13
2025-11-15$0.00$580,934.06$1,208.14
2025-11-16$0.00$189,989.92$1,223.62
2025-11-17$0.00$264,422.10$1,187.73
2025-11-18$0.00$385,926.38$1,157.15
2025-11-19$0.00$500,755.02$1,220.56
2025-11-20$0.00$296,761.45$1,172.16
2025-11-21$0.00$360,290.73$1,145.07
2025-11-22$0.00$1,601,217.50$1,030.09
2025-11-23$0.00$2,304,245.70$991.21
2025-11-24$0.00$447,483.73$1,025.81
2025-11-25$0.00$1,403,339.34$1,033.43
2025-11-26$0.00$484,537.99$1,020.64
2025-11-27$0.00$693,028.23$1,094.73
2025-11-28$0.00$475,079.08$1,169.87
2025-11-29$0.00$751,080.40$1,181.81
2025-11-30$0.00$785,818.40$1,288.51
2025-12-01$0.00$551,716.75$1,310.53
2025-12-02$0.00$477,391.01$1,225.11
2025-12-03$0.00$605,735.91$1,314.74
2025-12-04$0.00$686,206.70$1,328.69
2025-12-05$0.00$306,333.87$1,325.02
2025-12-06$0.00$334,967.62$1,238.83
2025-12-07$0.00$231,177.94$1,253.80
2025-12-08$0.00$221,859.97$1,242.46
2025-12-09$0.00$130,042.73$1,274.42
2025-12-10$0.00$380,485.01$1,299.75
2025-12-11$0.00$220,611.21$1,320.22
2025-12-12$0.00$148,628.45$1,301.80
2025-12-13$0.00$427,930.43$1,355.96
2025-12-14$0.00$188,997.76$1,382.00
2025-12-15$0.00$511,832.32$1,412.94
2025-12-16$0.00$571,714.37$1,370.41
2025-12-17$0.00$187,445.26$1,405.32
2025-12-18$0.00$405,545.30$1,339.53
2025-12-19$0.00$346,545.59$1,339.02
2025-12-20$0.00$434,306.73$1,405.80
2025-12-21$0.00$386,037.73$1,483.94
2025-12-22$0.00$423,845.03$1,537.79
2025-12-23$0.00$724,581.19$1,567.65
2025-12-24$0.00$412,951.27$1,512.73
2025-12-25$0.00$822,648.02$1,583.54
2025-12-26$0.00$543,709.59$1,599.13
2025-12-27$0.00$893,501.19$1,454.06
2025-12-28$0.00$434,570.29$1,461.71
2025-12-29$0.00$289,831.93$1,504.43
2025-12-30$0.00$651,980.49$1,440.24
2025-12-31$0.00$493,268.44$1,420.77
2026-01-01$0.00$1,661,417.39$1,357.21
2026-01-02$0.00$181,413.34$1,438.30
2026-01-03$0.00$387,270.34$1,491.02
2026-01-04$0.00$350,998.68$1,462.18
2026-01-05$0.00$237,767.10$1,471.26
2026-01-06$0.00$320,142.96$1,517.47
2026-01-07$0.00$366,987.52$1,504.55
2026-01-08$0.00$245,532.11$1,450.73
2026-01-09$0.00$736,241.84$1,340.96
2026-01-10$0.00$683,868.11$1,309.87
2026-01-11$0.00$218,163.99$1,392.04
2026-01-12$0.00$344,787.26$1,389.60
2026-01-13$0.00$198,122.46$1,322.18
2026-01-14$0.00$183,202.28$1,417.28
2026-01-15$0.00$78,898.99$1,446.83
2026-01-16$0.00$39,052.82$1,477.18
2026-01-17$0.00$147,140.29$1,536.44
2026-01-18$0.00$1,276,595.56$1,309.38
2026-01-19$0.00$36,444.00$1,564.65
2026-01-20$0.00$213,191.94$1,518.40
2026-01-21$0.00$124,126.54$1,498.47
2026-01-22$0.00$190,957.88$1,520.58
2026-01-23$0.00$330,104.22$1,583.81
2026-01-24$0.00$105,450.02$1,587.40
2026-01-25$0.00$85,364.32$1,581.52
2026-01-26$0.00$69,316.89$1,498.29
2026-01-27$0.00$158,355.53$1,525.31
2026-01-28$0.00$203,362.98$1,496.95
2026-01-29$0.00$121,879.19$1,557.53
2026-01-30$0.00$269,774.25$1,528.46
2026-01-31$0.00$180,711.34$1,508.78
2026-02-01$0.00$182,458.84$1,425.23
2026-02-02$0.00$101,230.92$1,427.75
2026-02-03$0.00$215,659.91$1,471.24
2026-02-04$0.00$77,488.35$1,437.48
2026-02-05$0.00$121,230.46$1,432.07
2026-02-06$0.00$310,953.97$1,312.96
2026-02-07$0.00$230,136.32$1,496.17
2026-02-08$0.00$135,380.98$1,517.65
2026-02-09$0.00$118,089.92$1,563.21
2026-02-10$0.00$1,404,088.28$1,335.69
2026-02-11$0.00$1,426,171.90$1,339.14
2026-02-12$0.00$238,675.79$1,546.27
2026-02-13$0.00$67,441.24$1,560.24
2026-02-14$0.00$128,350.47$1,617.78
2026-02-15$0.00$129,971.62$1,637.50
2026-02-16$0.00$109,482.20$1,558.79
2026-02-17$0.00$84,098.52$1,564.80
2026-02-18$0.00$104,036.50$1,507.81
2026-02-19$0.00$219,216.48$1,554.02
2026-02-20$0.00$103,434.10$1,515.97
2026-02-21$0.00$95,245.81$1,520.13
2026-02-22$0.00$39,841.77$1,503.07
2026-02-23$0.00$42,035.79$1,454.96
2026-02-24$0.00$96,756.26$1,465.47
2026-02-25$0.00$83,989.48$1,538.67
2026-02-26$0.00$207,607.28$1,637.90
2026-02-27$0.00$118,255.71$1,619.54
2026-02-28$0.00$127,812.12$1,576.07
2026-03-01$0.00$92,847.91$1,587.44
2026-03-02$0.00$118,091.90$1,566.13
2026-03-03$0.00$81,657.07$1,637.92
2026-03-04$0.00$113,705.47$1,648.84
2026-03-05$0.00$229,770.32$1,782.05
2026-03-06$0.00$111,030.76$1,771.39
2026-03-07$0.00$77,549.83$1,656.94
2026-03-08$0.00$107,752.39$1,667.32
2026-03-09$0.00$45,082.03$1,648.11
2026-03-10$0.00$121,679.59$1,746.74
2026-03-11$0.00$308,328.47$1,830.31
2026-03-12$0.00$531,402.20$1,865.79
2026-03-13$0.00$126,298.87$1,880.04
2026-03-14$0.00$179,154.57$1,853.52
2026-03-15$0.00$134,447.67$1,764.87
2026-03-16$0.00$17,118.69$1,624.41
2026-03-17$0.00$27,474.24$1,796.32
2026-03-18$0.00$13,886.93$1,611.69
2026-03-19$0.00$25,637.81$1,690.55
2026-03-20$0.00$16,049.70$1,559.53
2026-03-21$0.00$140,103.73$1,737.87
2026-03-22$0.00$160,288.59$1,750.81
2026-03-23$0.00$164,536.69$1,677.91
2026-03-24$0.00$36,783.26$1,666.54
2026-03-25$0.00$22,705.09$1,574.72
2026-03-26$0.00$161,516.25$1,709.27
2026-03-27$0.00$108,623.64$1,635.34
2026-03-28$0.00$71,556.88$1,603.85
2026-03-29$0.00$41,075.76$1,587.44
2026-03-30$0.00$106,604.90$1,650.72
2026-03-31$0.00$101,849.99$1,680.84
2026-04-01$0.00$594,227.89$1,737.02
2026-04-02$0.00$190,966.60$1,779.24
2026-04-03$0.00$153,383.68$1,728.87
2026-04-04$0.00$117,040.08$1,717.59
2026-04-05$0.00$20,880.11$1,599.47
2026-04-06$0.00$97,980.75$1,714.23
2026-04-07$0.00$172,042.26$1,790.24
2026-04-08$0.00$191,804.11$1,804.92
2026-04-09$0.00$155,388.58$1,762.51
2026-04-10$0.00$148,332.84$1,798.86
2026-04-11$0.00$120,763.67$1,796.70
2026-04-12$0.00$98,637.57$1,781.47
2026-04-13$0.00$81,395.63$1,695.94
2026-04-14$0.00$64,534.77$1,779.49
2026-04-15$0.00$40,235.35$1,702.67
2026-04-16$0.00$72,771.20$1,748.43
2026-04-17$0.00$81,212.09$1,752.72
2026-04-18$0.00$103,147.72$1,830.73
2026-04-19$0.00$71,241.04$1,789.29
2026-04-20$0.00$93,588.44$1,767.65
2026-04-21$0.00$280,012.95$1,844.45
2026-04-22$0.00$115,171.07$1,858.68
2026-04-23$0.00$192,241.58$1,929.05
2026-04-24$0.00$97,742.60$1,976.09
2026-04-25$0.00$39,102.03$1,949.02
2026-04-26$0.00$69,097.73$1,960.51
2026-04-27$0.00$188,184.30$2,062.88
2026-04-28$0.00$99,040.20$2,065.94
2026-04-29$0.00$100,995.39$2,016.10
2026-04-30$0.00$104,119.67$1,910.97
2026-05-01$0.00$176,961.42$1,854.13
2026-05-02$0.00$188,287.14$1,892.07
2026-05-03$0.00$30,670.05$1,882.81
2026-05-04$0.00$57,166.56$1,868.77
2026-05-05$0.00$90,652.66$1,870.79
2026-05-06$0.00$53,954.49$1,894.59
2026-05-07$0.00$138,224.43$1,864.64
2026-05-08$0.00$112,138.93$1,863.88
2026-05-09$0.00$198,795.88$1,906.74
2026-05-10$0.00$140,394.41$1,866.88
2026-05-11$0.00$59,696.92$1,852.86
2026-05-12$0.00$235,183.83$1,772.08
2026-05-13$0.00$27,397.89$1,757.24
2026-05-14$0.00$76,755.99$1,711.35
2026-05-15$0.00$43,179.15$1,717.32
2026-05-16$0.00$97,196.79$1,667.31
2026-05-17$0.00$65,148.46$1,654.70
2026-05-18$0.00$49,397.85$1,632.87
2026-05-19$0.00$35,126.11$1,645.36
2026-05-20$0.00$9,172.11$1,718.89
2026-05-21$0.00$27,415.64$1,667.52
2026-05-22$0.00$57,175.15$1,670.85
2026-05-23$0.00$47,653.61$1,652.15
2026-05-24$0.00$82,197.28$1,661.35
2026-05-25$0.00$19,804.40$1,679.10
2026-05-26$0.00$25,516.62$1,663.34
2026-05-27$0.00$42,567.35$1,636.53
2026-05-28$0.00$121,537.68$1,496.13
2026-05-29$0.00$55,474.12$1,527.33
2026-05-30$0.00$72,660.68$1,535.02
2026-05-31$0.00$14,527.38$1,510.09
2026-06-01$0.00$126,972.06$1,576.75
2026-06-02$0.00$135,181.63$1,570.46
2026-06-03$0.00$152,308.72$1,556.81
2026-06-04$0.00$129,450.78$1,579.50
2026-06-05$0.00$97,776.30$1,498.49
2026-06-06$0.00$124,422.18$1,359.20
2026-06-07$0.00$186,659.96$1,297.37
2026-06-08$0.00$199,489.92$1,356.50
2026-06-09$0.00$61,790.71$1,368.96
2026-06-10$0.00$111,965.60$1,291.88
2026-06-11$0.00$71,252.80$1,274.39
2026-06-12$0.00$123,915.63$1,331.09
2026-06-13$0.00$25,928.43$1,317.26
2026-06-14$0.00$87,559.48$1,300.62
2026-06-15$0.00$84,946.82$1,340.82
2026-06-16$0.00$133,750.56$1,331.34
2026-06-17$0.00$56,255.59$1,329.50
2026-06-18$0.00$95,978.58$1,328.36
2026-06-19$0.00$83,520.74$1,333.94
2026-06-20$0.00$138,739.92$1,346.50
2026-06-21$0.00$76,681.44$1,348.02
2026-06-22$0.00$29,495.09$1,352.06
2026-06-23$0.00$63,227.94$1,360.66
2026-06-24$0.00$91,239.32$1,300.81
2026-06-25$0.00$130,448.07$1,235.20
2026-06-26$0.00$125,897.84$1,194.23
2026-06-27$0.00$72,012.99$1,206.74
2026-06-28$0.00$85,824.77$1,177.02
2026-06-29$0.00$80,800.17$1,182.88
2026-06-30$0.00$94,483.50$1,246.89
2026-07-01$0.00$109,199.90$1,234.93
2026-07-02$0.00$56,047.65$1,269.63
2026-07-03$0.00$119,091.78$1,363.30
2026-07-04$0.00$133,855.14$1,368.08
2026-07-05$0.00$106,315.74$1,322.09
2026-07-06$0.00$79,273.92$1,320.16
2026-07-07$0.00$72,881.72$1,311.35
2026-07-08$0.00$91,430.18$1,263.89
2026-07-09$0.00$141,029.83$1,299.62
2026-07-10$0.00$244,311.50$1,308.02
2026-07-11$0.00$39,970.68$1,380.91
2026-07-12$0.00$24,061.89$1,361.05
2026-07-13$0.00$40,190.40$1,397.00
2026-07-14$0.00$37,657.22$1,389.18
2026-07-15$0.00$34,520.84$1,418.45
2026-07-16$0.00$45,877.27$1,449.83
2026-07-17$0.00$187,953.81$1,414.47
2026-07-18$0.00$74,631.26$1,381.71
2026-07-19$0.00$253,017.78$1,444.84
2026-07-20$0.00$178,177.34$1,418.91
2026-07-21$0.00$94,011.49$1,433.12
2026-07-22$0.00$45,285.03$1,466.51
2026-07-23$0.00$101,359.25$1,472.00
2026-07-24$0.00$134,567.01$1,413.74
2026-07-25$0.00$658,360.85$1,346.04
2026-07-26$0.00$66,650.70$1,380.35
2026-07-27$0.00$71,064.68$1,367.17
2026-07-28$0.00$214,305.96$1,284.72
2026-07-29$0.00$90,430.58$1,316.73
2026-07-30$0.00$58,961.27$1,329.50
2026-07-31$0.00$22,404.81$1,323.46
2026-08-01$0.00$78,996.31$1,310.21
2026-08-02$0.00$61,474.33$1,289.24
2026-08-03$0.00$16,710.58$1,304.67
2026-08-04$0.00$3,700.50$1,295.76
2026-08-05$0.00$44,687.86$1,293.21
2026-08-06$0.00$60,836.89$1,305.22
2026-08-07$0.00$85,259.77$1,276.45
2026-08-08$0.00$14,391.40$1,261.47
2026-08-09$0.00$25,060.93$1,259.50
2026-08-10$0.00$62,795.72$1,236.03
2026-08-11$0.00$28,713.33$1,218.79
2026-08-12$0.00$314,323.93$1,227.82
2026-08-13$0.00$255,248.38$1,220.60
2026-08-14$0.00$59,851.87$1,227.67
2026-08-15$0.00$167,445.24$1,235.27
2026-08-16$0.00$7,028.94$1,652.57
2026-08-17$0.00$133,788.77$1,223.42
2026-08-18$0.00$283,087.25$1,241.84
2026-08-19$0.00$351,452.54$1,291.32
2026-08-20$0.00$405,445.19$1,399.57
2026-08-21$0.00$171,787.79$1,434.97
2026-08-22$0.00$300,049.32$1,568.68
2026-08-23$0.00$196,052.97$1,508.69
2026-08-24$0.00$234,974.36$1,599.17
2026-08-25$0.00$121,756.80$1,569.11
2026-08-25$0.00$121,770.35$1,569.64

Maker Market Cap Chart

Maker Markets

Compare live prices of Maker on top exchanges.

#ExchangePairPriceVolume(24h)Trust Score
Uniswap V4 (Ethereum)0X56072C95FAA701256059AA122697B133ADED9279/0X9F8F72AA9304C8B593D555F12EF6589CC3A579A2 $1,745.99$32,284
Uniswap V2 (Ethereum)0X9F8F72AA9304C8B593D555F12EF6589CC3A579A2/0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2 $1,744.21$17,610
Sushiswap V3 (Ethereum)0X9F8F72AA9304C8B593D555F12EF6589CC3A579A2/0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2 $1,745.99$16,099
Uniswap V3 (Ethereum)0X9F8F72AA9304C8B593D555F12EF6589CC3A579A2/0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2 $1,743.55$12,592
Uniswap V3 (Polygon)0X6F7C932E7684666C9FD1D44527765433E01FF61D/0X7CEB23FD6BC0ADD59E62AC25578270CFF1B9F619 $1,755.52$373
Balancer V20X9F8F72AA9304C8B593D555F12EF6589CC3A579A2/0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2 $1,750.68$247
Uniswap V4 (Ethereum)0X0000000000000000000000000000000000000000/0X9F8F72AA9304C8B593D555F12EF6589CC3A579A2 $1,745.99$58
Bancor (V3)MKR/BNT $1,747.13$42
Uniswap V3 (Ethereum)0X9F8F72AA9304C8B593D555F12EF6589CC3A579A2/0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2 $1,781.21$27
Uniswap V2 (Ethereum)0X9F8F72AA9304C8B593D555F12EF6589CC3A579A2/0X0E29E5ABBB5FD88E28B2D355774E73BD47DE3BCD $1,777.11$25
SecondBTCMKR/USDT $1,812.51$4,062
Bancor (V2)MKR/BNT $1,202.83$336
Uniswap V3 (Ethereum)0X6B175474E89094C44DA98B954EEDEAC495271D0F/0X9F8F72AA9304C8B593D555F12EF6589CC3A579A2 $1,745.99$220
Uniswap V3 (Ethereum)0X56072C95FAA701256059AA122697B133ADED9279/0X9F8F72AA9304C8B593D555F12EF6589CC3A579A2 $1,760.11$1

About Maker

MKR is a cryptocurrency depicted as a smart contract platform and works alongside the Dai coin and aims to act as a hedge currency that provides traders with a stable alternative to the majority of coins currently available on the market. Maker offers a transparent stablecoin system that is fully inspectable on the Ethereum blockchain. Founded almost three years ago, MakerDao is lead by Rune Christensen, its CEO and founder. Maker’s MKR coin is a recent entrant to the market and is not a well known project. However, after today it will be known by many more people after blowing up 40% and it is one of the coins to rise to prominence during the recent peaks and troughs.After being developed by the MakerDAO team, Maker Dai officially went live on December 18th, 2017. Dai is a price stable coin that is suitable for payments, savings, or collateral and provides cryptocurrency traders with increased options concerning opening and closing positions. Dai lives completely on the blockchain chain with its stability unmediated by the legal system or trusted counterparties and helps facilitate trading while staying entirely in the world of cryptocurrencies. The concept of a stablecoin is fairly straight forward – it’s a token that has its price or value pegged to a particular fiat currency. A stablecoin is a token (like Bitcoin and Ethereum) that exists on a blockchain, but unlike Bitcoin or Ethereum, Dai has no volatility.MKR is an ERC-20 token on the Ethereum blockchain and can not be mined. It’s instead created/destroyed in response to DAI price fluctuations in order to keep it hovering around $1 USD. MKR is used to pay transaction fees on the Maker system, and it collateralizes the system. Holding MKR comes with voting rights within Maker’s continuous approval voting system. Bad governance devalues MKR tokens, so MKR holders are incentivized to vote for the good of the entire system. It’s a fully decentralized and democratic structure, then, which is an underutilized USP of blockchain tech.Value volatility is a relative concept among both cryptos and fiat currencies. The US dollar, for example, was worth 110.748 yen on July 9, 2018. On July 4, 2011, $1 was worth 80.64 yen, and on March 18, 1985, $1 was worth 255.65 yen. These are major differences in exchange rates, and inflation within each country makes each currency worth different values even when compared to themselves. One USD in 1913 is worth the equivalent of $25.41 today, and even $1 in 1993 is worth the equivalent of $1.74 today. Stablecoins don’t negate these basic economic principles of value. Instead, both Tether and Dai have values pegged to the U.S. dollar. This is done to stabilize the price.

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