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Crypto

Maker

SymbolMKR
CategoryDeFi
NetworkEthereum
ConsensusEthereum-based
Market Cap$1.5B
$1,382.73+38.96 (+2.90%)
$1,343.77Open
$1,402.45High
$1,324.60Low
$1,343.77Prev Close
141.2MVolume (24h)
$1.5BMarket Cap
977K MKRCirculating Supply
1M MKRMax Supply
$6,339All-Time High
$168All-Time Low
$1,425.006M High
$1,086.586M Low
-7.82%YTD Change
-50.62%1Y Change
EthereumNetwork
Ethereum-basedConsensus
USDCurrency

Price Chart

At a Glance

Maker (now rebranded to Sky) is the protocol behind DAI, the largest decentralized stablecoin. MKR is the governance token used to vote on risk parameters, collateral types, and protocol upgrades. MakerDAO pioneered the over-collateralized lending model and has integrated real-world assets (RWAs) as collateral.

Network Stats

$5.3BDAI Supply
$8.9BTVL
$2.8BRWA Collateral
$25MProtocol Revenue (30d)
12K+Vaults Active
45+Collateral Types
5%DSR Rate
~8K MKRBurn Rate (annual)

Tokenomics

Circulating 97.7%
Burned 2.3%

Key Drivers

RWA Integration

bullish

Real-world asset collateral generates stable, high-yield revenue streams independent of crypto market cycles.

Token Burns

bullish

Maker buys back and burns MKR from protocol surplus, reducing supply and accruing value to holders.

Regulatory Risk

bearish

Stablecoins face increasing regulatory scrutiny, and DAI's reliance on USDC collateral adds centralization risk.

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