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Maker (MKR) price

Maker (MKR) live price in US dollar (USD). View value statistics, market cap and supply.

MKR price chart

Price to USD 24h change
$ 1,325.67
-7.70%
    $

    Convert MKR to USD

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    MKR value statistics

    An overview showing the statistics of Maker, such as the base and quote currency, the rank, and trading volume.

    Price to USD $ 1,325.67
    Price to BTC 0.0420 BTC
    Rank 35
    24h volume $ 72.23 million
    Market cap $ 1.20 billion
    Fully diluted market cap $ 1.32 billion
    All-time high (daily avg.) $ 4,383.45 on 8/16/2017

    Supply information

    View the total and circulating supply of Maker, including details on how the supplies are calculated.

    902,135.38 MKR
    Details
    Total supply 995,691.57 MKR
    Burned, team or smart contract locked balances. - 93,556.19 MKR
    Circulating supply 902,135.38 MKR
    Verified supply 90.6%
    Circulating supply 902,135.38 MKR
    Total supply 995,691.57 MKR
    Smart contract address 0x9f8f72aa9304c8b593d555f12ef6589cc3a579a2

    Top Maker exchanges

    The top crypto exchanges that have Maker available for trading, ranked by 24h trading volume and the current price.

    Exchanges 24h volume & price
    $ 9.47 million
    $ 1,326.35
    $ 6.97 million
    $ 1,325.22
    $ 6.95 million
    $ 1,326.34
    $ 6.63 million
    $ 1,322.40
    $ 6.58 million
    $ 1,326.40
    All MKR exchanges

    Top Maker markets

    A list of the top Maker markets across all crypto exchanges based on the highest 24h trading volume, with their current price.

    Markets 24h volume & price
    1 MKR/USDT Bit-Z
    $ 9.47 million
    $ 1,326.35
    2 MKR/USDT DigiFinex
    $ 6.58 million
    $ 1,326.40
    3 MKR/USDT dcoin
    $ 6.09 million
    $ 1,324.81
    4 MKR/USD Coinbase Pro
    $ 5.42 million
    $ 1,321.32
    5 MKR/USDT BKEX
    $ 5.41 million
    $ 1,326.81
    All MKR markets

    What is Maker

    Maker (MKR) is a token on the Ethereum blockchain with the aim to govern, secure and support the Dai Stable Coin system (DCS). It is a smart contract platform that controls and sells Dai; Maker stabilizes the value of Dai to one U.S. dollar using external market mechanisms and economic incentives. Without the need of using a third centralized party, Maker aims to offer a transparent stablecoin system that is operating on the Ethereum blockchain. The Maker Platform has two coins: Makercoin (MKR) and Dai (DAI); Dai is a stable coin that is used for payments, savings, or collateral.

    The goal of Maker

    Maker has three important functions on the Maker Platform. The first is utility; you can only use Maker to pay the fees accumulated on Customer Data Platforms (CPDs) that generate Dai in the Maker system. When someone pays a fee, a Maker coin is burned from the supply, which will then decrease. The second function is governance; holders use Maker to vote for the risk management and logistics of the Maker system. And the third is recapitalization resource. If parts of the collateral portfolio become under-collateralized, the system immediately creates new Maker tokens and sells them. This gains money to capitalize the shortfall of value in the system and brings the entire Maker system back from insolvency.

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