An icon of the cryptocurrency Maker (MKR)

Maker (MKR) price to USD & live value of today

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

Price chart

Price to USD 24h change
$ 570.76
+2.05%
    $

    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 $ 570.76
    Price to BTC 0.0442 BTC
    Rank 39
    24h volume $ 14.98 million
    Market cap $ 519.65 million
    All-time high $ 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.

    910,454.35 MKR
    Details
    Total supply 1.00 million MKR
    Burned, team or smart contract locked balances. - 93,556.19 MKR
    Circulating supply 910,454.35 MKR
    90.7%
    Circulating supply 910,454.35 MKR
    Total supply 1.00 million MKR

    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
    $ 2.65 million
    $ 573.03
    $ 1.25 million
    $ 573.16
    $ 1.21 million
    $ 572.83
    $ 1.12 million
    $ 573.31
    $ 1.07 million
    $ 570.60
    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
    $ 2.65 million
    $ 573.03
    $ 1.21 million
    $ 572.83
    $ 1.05 million
    $ 571.93
    4 MKR/USDT CoinDCX
    $ 883,595.69
    $ 573.56
    5 MKR/USDT Binance
    $ 883,595.69
    $ 573.56
    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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