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Maker is on the decline this week. ↘
The price of Maker has increased by 1.77% in the last hour and increased by 2.97% in the past 24 hours. Maker’s price has also fallen by 16.09% in the past week. The current price is $1,128.40 per MKR with a 24-hour trading volume of $108.15M. Currently, Maker is valued at 82.35% below its all time high of $6,391.78. This all-time high was the highest price paid for Maker since its launch.
The current circulating supply of Maker is 848,040.371 MKR which means that Maker has as total market cap of $952,357,771.07.
Market cap
$952,357,771.07
TVL
Not enough data
Popularity
#64
Circulating
$848,040.37
Max Supply
$1,000,000.00
Hold time
Not enough data
Volume (24h)
$108,154,105.10
↗ 28.62%
Volume (30D)
$2,701,628,071.90
Volume (7D)
$681,742,670.59
All time high
$6,391.78
Performance (1Y)
↘ 61.19%
Vs. Market (1Y)
↘ 62.51%
Vs. BTC (1Y)
↘ 65.61%
Vs. ETH (1Y)
↘ 17.56%
FDV
$1,123,009,946.10
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.
Maker launched on Coinbase on January 19, 1970 at 10:11 AM
Networks
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.
Maker's primary use case is to provide a decentralized governance framework for the DAI stablecoin, enabling token holders to participate in key decision-making processes. This includes voting on protocol upgrades, adjusting risk parameters, and selecting reliable oracles. The Maker Protocol also allows users to generate DAI by depositing collateral assets into Maker Vaults, offering a way to access liquidity without traditional financial intermediaries. This positions Maker as a crucial component of the DeFi ecosystem, supporting a range of applications from decentralized lending to automated financial services.
MakerDAO, the organization behind the Maker ecosystem, was founded in 2015 by Danish entrepreneur Rune Christensen. Prior to creating MakerDAO, Christensen co-founded Try China, an international recruiting firm, and studied biochemistry at Copenhagen University and international business at Copenhagen Business School. The Maker Protocol was officially launched in December 2017, making it one of the pioneering projects in the DeFi space. Since its inception, Maker has played a significant role in shaping decentralized finance, contributing to the development of stablecoins and governance models that have influenced the broader blockchain industry.
We update our Maker to USD currency in real-time. Get the live price of Maker on Coinbase.
The current market cap of Maker is $952.36M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Maker is $6,391.78. This all-time high is highest price paid for Maker since it was launched.
Over the last 24 hours, the trading volume of Maker is $108.15M.
Assets that have a similar market cap to Maker include Aave MKR V2, Stacks, Immutable, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Maker is 848 thousand.
Maker ranks 43 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 91% of Coinbase users are buying Maker. In other words, 91% of Coinbase customers have increased their net position in Maker over the past 24 hours through trading.
Yes, Maker is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Maker guide.
Date | Price | Change |
|---|---|---|
Today (March 13, 2025) | $1,128.40 | +2.68% |
24 hours ago (March 12, 2025) | $1,095.75 | +2.97% |
1 week ago (March 6, 2025) | $1,344.63 | -16.09% |
1 month ago (February 13, 2025) | $1,001.87 | +12.62% |
1 year ago | $2,898.78 | -61.08% |
Earn free crypto after making your first purchase. 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.
Conversion Table
1 Maker (MKR) to Canadian Dollar (CAD)
CA$1,621.99
1 Maker (MKR) to Japanese Yen (JPY)
¥167,164.68
1 Maker (MKR) to Indian Rupee (INR)
₹98,167.54
1 Maker (MKR) to Real (BRL)
R$6,544.16
1 Maker (MKR) to Euro (EUR)
€1,037.83
1 Maker (MKR) to Nigerian Naira (NGN)
NGN 1,733,226.16
1 Maker (MKR) to South Korean Won (KRW)
₩1,641,319.90
1 Maker (MKR) to Singapore Dollar (SGD)
S$1,506.00
1,015 unique individuals are talking about Maker and it is ranked #71 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 0 news articles published about Maker. This is a 84.21% decrease in news volume compared to yesterday.
On Twitter, people are mostly bullish about Maker. There were 72.59% of tweets with bullish sentiment compared to 2.39% of tweets with a bearish sentiment about Maker. 25.02% of tweets were neutral about Maker. These sentiments are based on 1588 tweets.
On Reddit, Maker was mentioned in 108 Reddit posts and there were 292 comments about Maker. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
Powered by LunarCrush
Contributors
1,015 people
Posts
2,907 posts
Dominance
0.29%
Volume rank
#71
Average Sentiment
4.4 out of 5
Tweet Count
1,588 people
Sentiment
72.59%
Bullish
25.02%
Neutral
2.39%
Bearish
Posts
108
Comments
292
Post Score
152
Comment Score
163
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The Defiant • Feb 27, 25
MKR Soars 50% Following Thwarted Governance Attack
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BeInCrypto • Feb 21, 25
Crypto Whales Bought These Altcoins in the Third Week of February 2025
In the third week of February 2025, crypto whales have focused on Maker (MKR), Lido (LDO), and ApeCoin (APE), signaling potential price surges for these altcoins.The post Crypto Whales Bought These Altcoins in the Third Week of February 2025 appeared first on BeInCrypto.
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Blockworks • Feb 20, 25
Emergency Sky proposal sparks governance debate
The proposal rewrites USDS borrowing rules for MKR holders — a strategic voting maneuver by founder Rune Christensen
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The Block • Feb 04, 25
Founders say liquidations from tariff-led market selloff shows DeFi is working: ‘Better than TradFi in times of crisis’
“Everything went flawlessly as far as im aware,” said Rune Christensen, founder of MakerDAO, which actioned off about $8 million in collateral.
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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.
