Maker (MKR) | Buy Maker Now |
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Maker is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token - the Dai - against the U.S. Dollar. |
CVIX | 78 |
Current price | $1 004.91 |
Change 24h | -3.19% |
Change 7d | 12.63% | Market Cap | $982 426 735 |
Available supply | 977 631 MKR |
Volume 24h | $126 378 133 |
Updated | Monday, June 27, 2022 8:00:02PM UTC |
Nature | Token |
Mineable | No |
Discussion | |
WWW | Website |
After | Price | Change |
1 day | $1 118.07 | 10.75% |
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General MKR facts, technical details and Maker Cryptocurrency information
The Maker project is based on the Ethereum blockchain and aims to create a number of decentralized tokens, tied to the value of fiat money. The cryptocurrency platform was launched in 2015. Its main goal is to create decentralized tokens, the value of which is tied to real assets (in particular, fiat currencies and precious metals). Within the framework of the platform, a corresponding exchange is also being developed, based on smart ether contracts and providing access to margin trading based on collateral positions.
Maker is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token - the Dai - against the U.S. Dollar.
The first stable cryptocurrency launched within the framework of the Maker platform was Dai digital currency. Dai's launch took place in December 2017, the exchange rate is pegged to the US dollar in a 1:1 ratio. At the same time, developers allow deviations in both directions in the range of 5% - this indicator is considered normal in fiat currency trading pairs. MKR has one fundamental difference from other cryptocurrencies - the token can change its value in order to maintain the cryptocurrency parity of the internal stablecoin. It is impossible to mine Maker cryptocurrency.
Dai is a cryptocurrency that is price stabilized against the value of the U.S. Dollar. Dai is created by the Dai Stablecoin System, a decentralized platform that runs on the Ethereum blockchain.
The developers themselves issued 1 million tokens and most of them have already been launched into the system. You can buy Maker tokens only on the cryptocurrency exchange. The bulk of trading is conducted on three not-so-well-known venues: KyberNetwork (paired with ETH, 14% of trades), Ethfinex (with USD, 12%) and Bitinka (with EUR, 10%). But the coin is also presented on popular exchanges: OKEx, HitBTC, Gate.io, KuCoin.
MKR tokens are also used to pay transaction fees on the Maker system, and provides holders with voting rights within Maker’s continuous approval voting system.
Maker is a smart contract platform on the Ethereum chain that backs and stabilizes the value of stablecoin DAI through a dynamic system of Collateralized Debt Positions (CDP), autonomous feedback mechanisms, and appropriately incentivized external actors. MKR tokens are created or destroyed in accordance with price fluctuations of the DAI coin in order to keep it as close to $1 USD as possible, and is part of a fully inspectable system on the Ethereum blockchain.
Date | Open, $ | Min, $ | Max, $ | Market cap, $ |
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Jun 18 | 772.22 | 671.34 | 774.40 | 709 513 045 |
Jun 19 | 734.62 | 717.26 | 893.80 | 869 340 227 |
Jun 20 | 901.08 | 870.59 | 944.75 | 868 479 652 |
Jun 21 | 903.81 | 889.91 | 954.98 | 907 774 271 |
Jun 22 | 919.63 | 880.16 | 944.05 | 881 712 975 |
Jun 23 | 888.54 | 888.54 | 975.56 | 953 741 691 |
Jun 24 | 977.19 | 1 014.02 | 991.45 | 1 042 737 382 |
Jun 25 | 1 064.26 | 1 006.39 | 1 075.53 | 1 016 770 850 |
Jun 26 | 1 038.58 | 1 017.48 | 1 084.54 | 994 718 250 |
Jun 27 | 1 002.93 | 1 002.93 | 1 058.47 | 982 426 735 |
* Crypto Rating accepts no liability for any errors in the Maker information, MKR Prices and MKR's Market Cap. For the most up-to-date prices please visit the Maker's official website.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | ![]() |
Bitcoin predictions | 58.8% | 92 | $20 862.60 | -1.98% | 3.65% | $398 029 830 130 | ||
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2 | ![]() |
Ethereum predictions | 59.6% | 88 | $1 196.92 | -2.33% | 8.15% | $145 213 720 865 | ||
3 | ![]() |
Tether predictions | 92% | 1 | $0.999145 | -0.04% | 0.01% | $66 810 101 922 | ||
4 | ![]() |
USD Coin predictions | 93.6% | 1 | $1.000144 | -0.01% | -0.01% | $55 810 644 482 | ||
5 | ![]() |
Binance Coin predictions | 60% | 88 | $233.66 | -1.64% | 9.10% | $38 151 323 562 | ||
6 | ![]() |
Binance USD predictions | 92.4% | 1 | $0.999879 | -0.17% | 0.06% | $17 387 273 873 | ||
7 | ![]() |
XRP predictions | 61.2% | 80 | $0.353119 | -3.13% | 10.71% | $17 070 867 914 | ||
8 | ![]() |
Cardano predictions | 64% | 78 | $0.485901 | -3.06% | -0.43% | $16 400 414 907 | ||
9 | ![]() |
Solana predictions | 62.8% | 71 | $38.33 | -5.68% | 10.47% | $13 131 783 179 | ||
10 | ![]() |
Dogecoin predictions | 62.8% | 85 | $0.072123 | -0.83% | 21.93% | $9 568 648 805 | ||
11 | ![]() |
Polkadot predictions | 60.4% | 81 | $7.78 | -3.17% | 0.55% | $7 686 366 532 | ||
12 | ![]() |
Dai predictions | 93.6% | 1 | $0.999656 | -0.02% | -0.04% | $6 795 067 803 | ||
13 | ![]() |
TRON predictions | 60.4% | 88 | $0.067970 | 3.95% | 11.56% | $6 287 063 791 | ||
14 | ![]() |
SHIBA INU predictions | 62.8% | 78 | $0.000011 | -4.07% | 36.02% | $6 018 323 272 | ||
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Wrapped Bitcoin predictions | 58.4% | 92 | $20 815.72 | -2.06% | 3.43% | $5 507 396 530 |
The Maker Foundation has returned 84,000 MKR to the project’s DAO in a major milestone for the protocol’s road to decentralization. The MakerDAO Foundation has returned...
Maker price rallies to a new all-time high as the MakerDAO community makes preparations to become fully decentralized. Stablecoins have become a significant...
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