Maker
Market Open
12 Jan, 17:11
$
1,300. 86
-78.79
-5.7109%
$
900 Volume
$ 1,379.65
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MKRUSD Overview
MKRUSD denotes the price of Maker (MKR) expressed in US dollars. It reflects how much fiat currency is required to acquire one MKR token at prevailing market rates and serves as the reference for trading and valuation between the two assets.
Maker is an ERC‑20 governance token associated with the Maker Protocol, a blockchain-based system that enables the issuance of the DAI stablecoin. The Maker project was introduced in 2015 by Rune Christensen, and MKR tokens were issued later as the protocol’s governance and recapitalization instrument. MKR is decentralized, native to the Ethereum ecosystem, and does not have a fixed supply; tokens can be created or burned by protocol mechanisms to maintain system stability.
The MKRUSD price is determined by conventional market dynamics: supply and demand on centralized and decentralized exchanges, liquidity provision, and trading activity. Price movements are also influenced by protocol governance decisions, changes in collateralization and stability fees, broader DeFi adoption, Ethereum price swings, macroeconomic sentiment and regulatory developments.
MKRUSD is important because it provides a market valuation for governance power and systemic risk exposure in the Maker system. Traders and investors use the pair for speculation, hedging exposure to DeFi, liquidity provision, and to assess the market’s view of the Maker Protocol’s health.
MKR can exhibit notable volatility and liquidity varies across venues; market depth and orderbook conditions should be reviewed before executing sizable trades.
Maker is an ERC‑20 governance token associated with the Maker Protocol, a blockchain-based system that enables the issuance of the DAI stablecoin. The Maker project was introduced in 2015 by Rune Christensen, and MKR tokens were issued later as the protocol’s governance and recapitalization instrument. MKR is decentralized, native to the Ethereum ecosystem, and does not have a fixed supply; tokens can be created or burned by protocol mechanisms to maintain system stability.
The MKRUSD price is determined by conventional market dynamics: supply and demand on centralized and decentralized exchanges, liquidity provision, and trading activity. Price movements are also influenced by protocol governance decisions, changes in collateralization and stability fees, broader DeFi adoption, Ethereum price swings, macroeconomic sentiment and regulatory developments.
MKRUSD is important because it provides a market valuation for governance power and systemic risk exposure in the Maker system. Traders and investors use the pair for speculation, hedging exposure to DeFi, liquidity provision, and to assess the market’s view of the Maker Protocol’s health.
MKR can exhibit notable volatility and liquidity varies across venues; market depth and orderbook conditions should be reviewed before executing sizable trades.
MKRUSD Chart
Market maker says Ethereum is the wrong trade for this macro, dropping 10% this week
Ethereum dropped another 10.2% this week, with the ETH/BTC ratio sinking toward 0.0275, and market maker Wintermute is now flatly calling ETH “not the right asset for this macro” as yields and inflation grind higher.
Crypto | 2 weeks ago
ZachXBT Drops New Allegations on Bitget, Pointing to Shawn Liu as the True Decision‑Maker
ZachXBT identified Shawn Liu as the real operator of Bitget, while describing CEO Gracy Chen as merely “the face” of the exchange. The investigator warned of an imminent escalation against the “Chinese centralized exchange cartel” and offered $10,000 for evidence of LAB token manipulation.
Crypto-economy | 4 weeks ago
Flight to safety: How Maker's Spark and USDC are winning the $10 billion Aave breakup
Funds leaving Aave are splitting across safer lending, simpler ETH exposure and off-chain yield, with stablecoins acting as a temporary refuge.
Coindesk | 1 month ago
MKRUSD FAQ
What is the current Maker price?
The current price is $1,300.860000, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by -78.79 (-5.7109%), showing how much the asset has moved compared to the previous close.
What is the previous close for Maker?
The previous close was $1,379.650000, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (-5.7109%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($1,248.450000) and highest ($1,402.290000) prices traded during the selected period, helping assess volatility.
Why is Maker (MKR) moving today?
Price movements in Maker are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($1,300.860000) is below the previous close ($1,379.650000), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for Maker?
You can view real-time charts, price updates, and market data for Maker (MKR) directly on this page.
