Maker




Maker Profile


Maker is a decentralized platform behind the stablecoin DAI, which is pegged to the US dollar. Maker enables users to mint DAI by locking collateral in smart contracts. Its governance token, MKR, allows holders to participate in the protocol’s decision-making.


Maker Fundamental Data



Maker Technical Analysis



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Maker Live Price and Market Performance – Maker (MKR) is one of the pioneering decentralized finance (DeFi) protocols, operating at the core of MakerDAO’s ecosystem.

It underpins the DAI stablecoin, playing a key role in maintaining DAI’s peg through governance and collateral management.

Important Note:

Before investing in crypto, be aware of its volatility. Research thoroughly and assess your financial stability.

Following MKR’s market cap, trading volume, and live price data helps traders, investors, and DeFi enthusiasts stay informed about Maker’s position within the evolving crypto landscape.

Below, you’ll find details about the MKR to USD price chart, historical milestones, and the primary forces shaping its value.


MKR to USD Live Chart

The MKR to USD live chart presents real-time pricing for Maker, enabling users to monitor market trends and volatility as they emerge.

As MakerDAO’s governance token, MKR can see rapid price fluctuations based on developments such as upgrades to the protocol, regulatory news around stablecoins, or overall DeFi market sentiment.

Keeping tabs on real-time price data helps market participants respond to emerging opportunities or risks.

Key Features of the MKR to USD Chart

  • Real-Time Updates – Tracks the latest Maker price to help you spot intraday shifts.
  • Historical Data – Offers insights into MKR’s long-term performance and past cycles.
  • Technical Indicators – Utilize RSI, MACD, and other tools to gauge market momentum.
  • Comparison Analysis – Compare MKR’s moves with other DeFi tokens or the broader crypto market.
  • Volume & Market Cap – Assess liquidity and the relative size of Maker in the DeFi space.

Maker Market Cap and Trading Volume

Market cap quantifies the total value of MKR tokens in circulation, while trading volume reveals how actively MKR is bought and sold within a set timeframe.

Both metrics shed light on Maker’s liquidity, adoption, and potential vulnerability to price swings.

Why Market Cap and Trading Volume of $MKR Matters?

  • Market Capitalization
    • Reflects the total value of MKR tokens in circulation (price × circulating supply).
    • Indicates Maker’s size relative to other cryptocurrencies, often tied to investor trust.
    • A higher market cap usually reduces the likelihood of major manipulation or extreme volatility.
  • Trading Volume
    • Measures how much MKR changes hands within a specific period.
    • High volume means robust liquidity, allowing larger trades with minimal price disruption.
    • Helps signal active market engagement, impacting price discovery and potential volatility.

Factors Affecting Maker Price

Maker’s value is influenced by both internal protocol mechanics and broader DeFi market trends, including:

  • DAI Stability – As the governance token behind the DAI stablecoin, MKR demand often correlates with the stability of DAI. Market turbulence in DAI can increase MKR’s importance in balancing the system.
  • DeFi Market Sentiment – Growing enthusiasm for decentralized finance typically boosts MKR’s visibility and price, while downturns reduce demand.
  • Competition within DeFi – Other protocols offering lending or stablecoins can siphon users away from Maker, influencing MKR’s valuation.
  • Regulatory Scrutiny – Heightened regulation around stablecoins could dampen usage of DAI, directly affecting MKR demand.
  • Technical Vulnerabilities – Any flaws or hacks in the Maker Protocol can erode trust and devalue MKR.
  • Market Volatility – Crypto-wide sentiment shifts, including Bitcoin price swings, often trickle down to affect MKR pricing.

Technical Analysis of Maker Price Trends

Traders study historical price movements, volume data, and key indicators to forecast possible MKR price directions. Commonly used technical tools include:

Technical Analysis Indicators Used in Maker Analysis

  • RSI (Relative Strength Index) – Identifies overbought or oversold zones based on recent price momentum.
  • MACD (Moving Average Convergence Divergence) – Highlights potential trend changes by comparing different moving averages.
  • Moving Averages – Smooth out price data, clarifying overall trends and potential support/resistance areas.
  • Bollinger Bands – Indicate volatility by placing bands above and below a simple moving average.
  • Stochastic Oscillator – Measures price momentum relative to a high-low range over a specified period.
  • OBV (On-Balance Volume) – Gauges buying/selling pressure by tracking volume changes tied to price movements.
  • ADX (Average Directional Index) – Evaluates trend strength without specifying its direction.
  • Fibonacci Retracement – Pinpoints potential support and resistance zones using Fibonacci ratios.
  • Ichimoku Cloud – Combines multiple averages to depict support/resistance and momentum zones at a glance.

MKR Price History and All-Time Highs

Maker’s journey reflects the growth of DeFi, with major milestones shaped by market cycles and protocol advancements:

  • 1. Early Launch & Initial Growth (2017–2019)
    • December 2017: MKR launched at around $24 alongside MakerDAO’s early ecosystem.
    • January 2018: Surged to $1,687 amid the crypto bull run and DeFi hype.
    • 2018 Bear Market: Fell below $400 as the market corrected heavily.
  • 2. Market Maturity & DeFi Growth (2019–2020)
    • 2019: Fluctuated between $300–$700, bolstered by the DAI stablecoin’s traction.
    • March 2020 (“Black Thursday”) – Dropped to $200 due to a DeFi liquidation cascade.
    • Late 2020: Rebounded above $500 as DeFi began drawing mainstream attention.
  • 3. Explosive DeFi Bull Run (2021)
    • February 2021: Broke $2,000 for the first time, fueled by the DeFi boom.
    • May 2021: Recorded its All-Time High (ATH) of $6,292, driven by surging DeFi adoption.
    • June–December 2021: Retraced to $2,000–$3,000 after the broader market pullback.
  • 4. Bear Market & Recent Performance (2022–2025)
    • 2022 Bear Market: Dipped below $1,000, reflecting DeFi’s contraction.
    • 2023: Trading in the $600–$1,200 band, with incremental ecosystem development.
    • Early 2024: Recovered to ~$1,500, mirroring a general market rebound.
    • February 2025 (current price): $1,085.11, highlighting ongoing market fluctuations.

Future Outlook for Maker

As a foundational DeFi protocol, Maker continues to evolve through new features, governance updates, and strategic growth. Potential influences include:

  • DeFi Leadership & Innovation – MakerDAO remains integral to DeFi, with roadmaps like “Endgame” (or potential future rebranding to Sky) promising refined governance and fresh use cases.
  • Market Dynamics & Adoption – DAI’s increasing usage across DeFi could elevate MKR’s demand, as expansions into real-world assets and treasury bonds add diversification.
  • Regulatory & Competitive Landscape – Supportive frameworks can amplify institutional involvement; conversely, stringent stablecoin rules might hinder Maker’s growth. A crowded DeFi sector requires constant innovation.
  • Volatility & Technical Factors – MKR is subject to typical crypto volatility. Support/resistance levels (like near $1,104) can guide near-term trading strategies.
  • Long-Term Projections & Risks – Bullish scenarios foresee a return above $2,000 if DeFi momentum endures; bearish outcomes involve DeFi headwinds or competitive displacement.

Wrapping Up

Maker stands as a leading force in decentralized finance, anchoring a diverse DeFi ecosystem via its DAI stablecoin.

By closely following MKR’s live price movements, market cap, and trading volume, market participants can better anticipate shifts tied to regulatory changes, protocol updates, or broader crypto trends.

While Maker’s foundational role in DeFi bodes well for long-term growth, investors should prepare for volatility and the need for ongoing innovation to remain at the forefront of decentralized finance.


Frequently Asked Questions (FAQs)

What is MKR USD?

MKR (Maker) is a governance token for the Maker Protocol, which powers the DAI stablecoin on the Ethereum blockchain. The current price of 1 MKR is €1,035.69 ($1,115.68 USD).

Why is Maker Coin so expensive?

Maker (MKR) is expensive because:

  • Low supply – Only 1 million MKR tokens exist, making it scarce.
  • Governance role – MKR holders vote on the Maker Protocol’s decisions.
  • Strong DeFi adoption – MKR is essential for managing DAI, a widely used stablecoin.

What is MKR?

MKR is the governance and utility token for MakerDAO and the Maker Protocol, used for voting on decisions that impact DAI stablecoin management.

Can you mine MKR coin?

No, MKR cannot be mined. Instead, it is minted and burned based on the performance of the Maker Protocol.

Is Maker a stable coin?

No, MKR is not a stablecoin. It is a governance token, while DAI is the stablecoin created by the Maker Protocol.

Is Maker worth buying?

MKR can be a good investment for those interested in DeFi governance. However, it is volatile, and its value depends on DAI’s adoption and MakerDAO’s success.

What country is MKR from?

MakerDAO was founded in Denmark by Rune Christensen in 2014.

What type of coin is MKR?

MKR is an ERC-20 token built on the Ethereum blockchain.

Who owns MKR coin?

MKR is owned and governed by MakerDAO, a decentralized community where MKR holders vote on protocol decisions.

When was MKR coin launched?

MakerDAO was created in 2014, and DAI stablecoin was launched in 2017.

What is Maker coin used for?

MKR is used for:

  • Governance – Voting on Maker Protocol decisions.
  • DAI stability – If DAI becomes undercollateralized, new MKR is minted to maintain balance.

What is the max supply of MKR?

The initial supply was 1 million MKR, but it changes dynamically due to minting and burning mechanisms.

How to convert MKR to SKY?

To convert MKR to SKY (Skycoin), follow these steps:

  1. Use a crypto exchange that supports both tokens (check Binance, KuCoin, or Uniswap).
  2. Trade MKR for USDT or ETH.
  3. Use USDT/ETH to buy SKY.
  4. Withdraw SKY to your wallet.

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