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BTCC/ Crypto Prices / Maker (MKR)
Maker

Maker Price MKR

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$1,518.05
$76.32 +5.29%
1D7D1M3M1Y YTD All

Last updated：

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Maker Today's Price

The real-time price of Maker today is $1,518.05（MKR/USD）, with a market capitalization of $0 USD. The 24-hour trading volume is $191.97K USD. The price of MKR to USD updates in real time. Over the past 24 hours, Maker has changed by +5.29%, with a circulating supply of 0.

Buy Maker

About Maker

As one of the largest decentralized applications (dApps) on the Ethereum blockchain, the maker protocol is designed by a group of different developers and managed by MakerDAO. MakerDAO is a decentralized autonomous organization (DAO) composed entirely of MKR holders from all over the world. These MKR holders are able to take shares in their MKR tokens in order to vote on proposed changes to the maker agreement — and to ensure the efficiency, transparency and stability of Dai.

For all its huge differences, holding MKR is a bit like owning shares in a traditional company, because shareholders have a say in deciding how the company operates. The maker ecosystem is one of the first defi projects to achieve significant success – which proves the effectiveness of true decentralized governance.

 

How Does Maker Work?

The maker protocol generates a new Dai through a smart contract called maker vaults. These contracts can be created through a variety of Web UIs and applications that are essentially portals to the web (such as oasis loan or instadapp). When users want to retrieve their pledged cryptocurrency from the smart contract, they must first repay the Dai and stabilization fee they generate.

MKR tokens can also be used to govern the maker protocol. The proposal to be voted takes the form of a smart contract and can be deployed by any Ethereum address. Then, the MKR holder community can vote on the proposal they wish to adopt, and Ethereum addresses that receive more approval votes in the form of MKR will be granted administrative authority to make proposed changes to the maker agreement.

 

Who is the Founder of Maker

The history of the maker ecosystem has gone through different stages, the first of which is MakerDAO. This was founded in 2014 by Rune Christensen, a Danish entrepreneur who graduated from the University of Copenhagen. After studying international business and biochemistry, Christensen co founded the recruitment company try China before entering the blockchain field.

Dai was officially launched on the Ethereum network in 2017, and then established the maker foundation in the second year. The organization aims to promote the growth of the ecosystem and takes the lead in the development of decentralization. Christensen serves as the chief executive officer of the foundation, while other members of the board include Steven Becker, President and chief operating officer (who previously founded cubit capital) and economist Sheffield Roy.

Initially, Ethereum was the only asset that could be mortgaged through the maker protocol, and the resulting Dai was called single mortgage Dai or Sai. In 2019, the MCD system was implemented, so today, any type of Ethereum based assets can be deposited as long as they are approved by the MKR holder community.

 

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Maker FAQ

Why is Maker going up?

Maker's price is increasing due to demand outstripping supply, fueled by widespread adoption, positive news, and investor optimism. For in-depth analysis, visit our BTCC Academy.
 

Is Maker a good investment based on its price history?

Maker(MKR) has historically grown over time but is volatile. Investment depends on risk tolerance and long-term strategy.

When will Maker crash again?

Predicting the exact timing of a Maker crash is impossible, as the market is influenced by a complex mix of global economics, regulation, and investor sentiment.

 

For a long-term investor, understanding this cyclical nature is more valuable than trying to time the next crash. Also visit the BTCC Academy section for technical and marketing information.

What was Maker’s all-time low (ATL)?

The Maker All-Time Low (ATL) price was 21.059799194335938, recorded on 2017-01-30 06:25. This stands as the lowest price for Maker(MKR) on record.
 

What was Maker’s all-time high (ATH)?

The Maker All-Time High (ATH) was $6,339.02, recorded on 2021-05-03 21:50. This represents the highest price Maker has ever reached. Please note that this is a historical record, and the live price fluctuates constantly. We recommend monitoring the live MKR price for the most up-to-date information.

How many Maker are there?

Maker(MKR) currently has a circulating supply of 0, with its maximum supply capped at 1.00M.
 

What is the current market cap of Maker(MKR)?

The current market cap of Maker(MKR) is $0. The market cap of a cryptocurrency refers to its total circulating supply multiplied by its current price.

What is Maker's 24h trading volume?

Maker's 24h trading volume is $191.97K, representing the total value of all Maker(MKR) bought and sold across exchanges in the past 24 hours.

What is the current price of Maker(MKR)?

The current Maker price is $1,518.05. As the MKR price changes constantly, BTCC offers real-time MKR to USD prices that can be accessed at the top of our crypto price page.

How to Buy Maker: A Quick Guide?

Maker can be purchased directly on BTCC using fiat currency or other cryptocurrencies. As a leading crypto futures exchange, BTCC offers over 350 futures contracts with flexible leverage of up to 500x, including MKRUSDT.

Global Prices

MKR/EUR EUR | €1,284.95 MKR/CAD CAD | C$2,075.83 MKR/GBP GBP | £1,115.11 MKR/HKD HKD | HK$11,861.43 MKR/KRW KRW | ₩2,218,858.55 MKR/JPY JPY | ¥238,707.21 MKR/AUD AUD | A$2,163.98 MKR/SGD SGD | S$1,930.82 MKR/CHF CHF | CHF1,177.55 MKR/INR INR | ₹137,503.25 MKR/TRY TRY | ₺66,205.93

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