Coins: 10053 Exchanges: 946 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
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Maker price

Maker Price (MKR)

$2,425.95

5.38%
Rank #55

Maker Price Chart (MKR/USD)

Last updated 16 Jun 2024, 21:42PM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust
1 Binance MKR / USDT $1,324.84 0.08% $32,396,499
2 Coinbase Exchange MKR / USD $1,323.37 0.04% $12,658,001
3 WhiteBIT MKR / USDT $1,325.61 0.14% $8,326,271
4 Huobi Global MKR / USDT $1,328.69 0.13% $6,432,715
5 OKX MKR / USDT $1,319.78 0.03% $5,633,242
6 Binance MKR / BUSD $671.62 0.15% $5,131,933
7 Digifinex MKR / USDT $1,322.34 0.13% $4,984,990
8 XT.COM MKR / USDT $1,324.14 1.86% $4,847,548
9 Phemex MKR / USDT $1,324.86 0.16% $3,966,610
10 BTSE MKR / USD $1,328.07 0.37% $3,241,842
11 HitBTC MKR / USDT $968.53 0.33% $2,471,226
12 Binance MKR / BTC $962.26 0.19% $2,002,405
13 Bitget MKR / USDT $1,325.17 0.11% $1,925,234
14 GokuMarket MKR / USDT $919.07 0.35% $1,593,238
15 KuCoin MKR / USDT $1,322.80 0.03% $1,590,701
16 Azbit MKR / USDT $1,315.52 0.08% $1,275,958
17 WOO Network MKR / USDT $1,324.72 0.08% $1,093,054
18 Bitvavo MKR / EUR $1,323.61 0.08% $1,054,166
19 LBank MKR / USDT $1,327.36 0.08% $1,029,800
20 Bit.com MKR / USDT $718.83 0.55% $970,144
21 BtcTurk PRO MKR / TRY $1,342.58 0.26% $904,143
22 Kraken MKR / USD $1,323.20 0.12% $721,984
23 Bitinka.com MKR / USDT $1,033.56 1.45% $674,674
24 Bitinka.com MKR / ETH $1,031.52 1.87% $664,379
25 Bitrue MKR / BUSD $1,261.86 1.10% $616,399
26 Bybit (Spot) MKR / USDT $1,328.91 0.20% $614,828
27 Fameex MKR / USDT $1,324.27 0.15% $591,404
28 Oceanex MKR / VET $922.45 0.03% $579,955
29 Coinbase Exchange MKR / BTC $1,324.58 0.18% $524,221
30 BingX MKR / USDT $1,316.00 0.33% $411,875
31 Oceanex MKR / USDT $920.65 0.05% $395,097
32 BtcTurk PRO MKR / USDT $1,332.52 0.55% $379,721
33 Bitbank MKR / JPY $1,319.49 0.20% $376,797
34 BTC-Alpha MKR / USDT $1,034.06 0.39% $345,989
35 XT.COM MKR / BTC $1,315.29 0.11% $343,350
36 ExMarkets MKR / USDT $737.24 0.41% $307,805
37 QMall MKR / USDT $1,326.65 0.58% $293,146
38 Bithumb MKR / KRW $1,330.36 0.11% $279,493
39 CoinW MKR / USDT $1,324.43 0.62% $249,480
40 EXMO MKR / BTC $1,317.34 0.29% $245,976
41 Bitfinex MKR / USD $1,325.60 0.23% $239,730
42 Bitinka.com MKR / USD $771.37 1.14% $231,396
43 Gate.io MKR / USDT $1,324.11 0.08% $217,973
44 OKX MKR / ETH $986.70 0.39% $199,710
45 ExMarkets MKR / BTC $740.12 0.70% $160,662
46 Kraken MKR / EUR $1,265.61 0.15% $159,024
47 ProBit Global MKR / USDT $1,320.17 0.27% $150,249
48 BitMart MKR / BTC $1,331.30 0.35% $148,711
49 Crypto.com Exchange MKR / USDT $1,324.82 0.15% $131,289
50 Upbit MKR / BTC $1,340.23 1.86% $122,216

MKR Price Statistics

$2,289
24H Range
$2,432
  • Maker Price Now $2,426
  • 24h Low / 24h High $2,289 / $2,432
  • Trading Volume $62,596,948
  • Market Cap Rank #51
  • Market Cap $2,250,371,427
  • Volume / Market Cap 0.0278
  • All-Time High $6,292 -61.44%
    May 03, 2021
  • All-Time Low $100 1,341.26%
    Mar 16, 2020


Maker Cryptocurrency: A Brief Introduction

What is Maker Cryptocurrency?


Maker is a well-known cryptocurrency that operates on the Ethereum blockchain. It is the decentralized autonomous organization behind the stablecoin known as DAI. Unlike other stablecoins, DAI is designed to maintain a peg to the US dollar through a system of smart contracts and collateralized debt positions (CDPs).

How Does Maker Work?


Maker relies on two primary tokens: MKR and DAI. MKR is a utility token that empowers holders with voting and governance rights within the Maker ecosystem. The MKR token is used to maintain stability within the system by providing liquidity and acting as insurance against potential failures.
DAI, on the other hand, is a stablecoin created by locking collateral into smart contracts. The collateral typically consists of other cryptocurrencies, such as Ether (ETH). DAI is pegged to the US dollar and is designed to maintain its value through autonomous feedback mechanisms built into the Maker protocol.

The Importance of Maker Cryptocurrency


Maker's DAI stablecoin offers several advantages compared to other stablecoins. Since DAI is decentralized, its value is not dependent on any single entity or central authority. Additionally, DAI provides financial stability by avoiding the volatility associated with traditional cryptocurrencies like Bitcoin.
Another crucial aspect of Maker is its ability to enable individuals to participate in a decentralized finance (DeFi) ecosystem. Through Maker's platform, users can lend, borrow, and earn interest on their cryptocurrency holdings securely.

The Future of Maker Cryptocurrency


The Maker ecosystem has gained significant popularity since its launch, and its stablecoin, DAI, has garnered attention worldwide. As more individuals and institutions recognize the potential of decentralized finance, Maker is poised for further growth and adoption.
Additionally, Maker is constantly exploring new developments and enhancements to its protocol. This ongoing innovation ensures the stability and effectiveness of the ecosystem, further solidifying its position in the cryptocurrency market.

In conclusion, Maker cryptocurrency plays a vital role in the world of decentralized finance. Through its DAI stablecoin and innovative protocol, Maker aims to revolutionize the financial industry while providing stability and security to its users. As the ecosystem continues to evolve, Maker has the potential to reshape traditional finance and become a cornerstone of the growing DeFi landscape.