Maker Price
Maker (MKR) is the governance token behind one of the most important protocols in decentralised finance — the system (from the MakerDAO, now Sky, ecosystem) that issues the DAI stablecoin. MKR holders vote on how that system is run, including its risk paramet…
Market data via Binance · signals computed live from daily closes · not financial advice.
Key market insights
A plain-language read of live indicators computed from daily closes — these describe current price behaviour, not a forecast.
Technical analysis
Moving averages, momentum and support/resistance from daily closing prices — a snapshot of current structure, not a forecast.
Historical performance
52-week high and low with trailing returns across time windows. Computed from up to 365 daily closes.
Automated observations
Generated mechanically from current market data (volatility, trend, distance from highs) — descriptive, not advice.
Strengths · tailwinds
- Price sits above its 50- and 200-day averages — a classic uptrend alignment.
- MACD is above its signal line — near-term momentum is upward.
Risks · headwinds
- Annualised volatility of 92% — large day-to-day swings.
- Max drawdown of -61% over the window — has endured deep peak-to-trough losses.
Supply structure
Maker has no fixed maximum supply. Circulating supply is a curated estimate used to derive market cap.
Maker derivatives
Live perpetual-swap metrics. Funding is the periodic payment between longs and shorts; open interest is the total value of outstanding contracts. Informational — not a recommendation to trade leveraged products.
Source: Binance Futures · funding shown per 8h and annualised. Leveraged products carry high risk; informational only.
Convert Maker to US Dollar
Two-way MKR ↔ USD at the live Binance price. Type an amount in either field, or tap a preset.
About Maker
Maker (MKR) is the governance token behind one of the most important protocols in decentralised finance — the system (from the MakerDAO, now Sky, ecosystem) that issues the DAI stablecoin. MKR holders vote on how that system is run, including its risk parameters and collateral types.
MKR also plays a role in the system’s stability: in certain conditions it can act as a backstop, with new MKR issued to recapitalise the protocol if its collateral falls short, or MKR bought and removed when the system is healthy. This ties MKR’s supply to the protocol’s performance.
Maker governs a systemically significant DeFi stablecoin, which gives MKR real importance — but also exposes it to the protocol’s risks and to potential dilution. MKR is volatile like all crypto assets.
The story
Maker (MKR) is the governance and backstop token of the protocol behind the DAI stablecoin. Holders steer the system’s risk settings, and MKR’s supply can expand or contract with the protocol’s health.
The context
MKR governs a systemically important DeFi stablecoin — real weight — but that binds it to the protocol’s risks and possible dilution if collateral ever falls short. It is volatile.
The Digital Take is reasoning and data from the Bitcoin Digital Editorial team — context, not a buy or sell call. Not financial advice.
Maker vs peers
| Coin | Price | 24h | Market Cap |
|---|---|---|---|
| Maker MKR | $1,813.70 | +0.76% | $1.64B |
| Chainlink LINK | $7.95 | -0.25% | $5.09B |
| Uniswap UNI | $3.67 | +5.74% | $2.20B |
| Aave AAVE | $98.67 | +4.15% | $1.48B |
| Injective INJ | $4.86 | -2.53% | $481.34M |
| Lido DAO LDO | $0.3069 | +0.99% | $274.68M |
Maker FAQ
What is Maker (MKR)?
MKR is the governance token of the protocol that issues the DAI stablecoin. Holders vote on the system’s parameters and it can act as a stability backstop.
How is MKR related to DAI?
DAI is the stablecoin; MKR governs the protocol that creates it and can be used to recapitalise the system if needed.
What affects MKR’s supply?
MKR can be issued to cover shortfalls or bought and removed when the system is healthy, tying its supply to the protocol’s performance.
Is Maker a good investment?
Bitcoin Digital does not give financial advice. MKR is volatile and exposed to the protocol’s risks. Do your own research.
Where does Bitcoin Digital’s Maker price come from?
Live price, 24-hour change and volume come from Binance market data; market cap is the live price multiplied by a curated circulating-supply figure.