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HodlingBricks profile
Maker icon

Ranked # 69

Price

$701.07 (-17%)

All Time High

$6,292.31 (-89%)


Market Cap

$634,029,851

Volume (24h)

56,558,658

Circulating Supply

901,311 MKR

Max Supply

1,005,577 MKR

Today's Maker Price Summary

Maker's price today is $701.07 USD, with a 24-hour trading volume of $56,558,658 USD. MKR is down -16.95% in the last 24 hours. Maker is currently ranked #69 with a market capitalization of $634,029,851 USD.

What is Maker?

Maker simply acts as a platform that controls the trading of DAI and uses several incentives and a wide range of market mechanisms to stabilize DAI. Since everything can be checked on the transparent Ethereum blockchain, there is no need of stabilizing third parties or even auditors for verification purposes.

In essence, it is a smart contract platform that backs and stabilizes the value of DAI, through a system of Collateralized Debt Positions (CDPs), autonomous feedback mechanisms, and external actors (keepers, global settlers, oracles).

Maker enables anyone to leverage their Ethereum assets to generate DAI on the Maker ICO. Once generated, DAI can be used in the same manner as any other cryptocurrency:  For performing transactions held as long term savings or used to create the components needed for a decentralized margin trading platform.

MKR has a ready product (DAI) and a clear, transparent system in place connecting the investor token with the product. The token holders govern the Maker system and their actions affect the price of the MKR.

What is Maker All-Time High price (ATH)?

On May 3rd, 2021 09:54:29 PM, Maker hit a historic high of $6,292.31 USD. It has been about 1 year ago since Maker reached its peak.

What is Maker All-Time Low price (ATL)?

On March 16th, 2020 08:52:36 PM, Maker reached a bottoming price of $168.36 USD. About 2 years ago has passed Maker has seen such a low price.

Learn More About Maker
Maker Links & Sources

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add active $701.07  on  Nov 8, 2022 


Community Posts

Maker icon Maker  at  $1,219.50  on  Jan 21, 2021

Join a decentralized community protecting the integrity of the Maker Protocol through research, discussion, and on-chain voting. Executive Votes are conducted to make changes to the protocol. The governing proposal represents the current state of the system. Polls take place to establish a rough consensus of community sentiment before Executive Votes are conducted. twitter.com/...?s=20

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