Maker

Maker

Decentralized Finance Pioneer

Launch Year
2017
Consensus
Ethereum Proof of Stake
Max Supply
~900,000 MKR
Block Time
~12 seconds
MKR
MKR
Maker
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
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  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Maker Price Chart

MKR / USD
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Data by CryptoCompare

About Maker

Maker (MKR) is the governance token of MakerDAO, one of the oldest and most established DeFi protocols on Ethereum. MakerDAO created DAI — the first decentralized, crypto-backed stablecoin. MKR holders vote on critical protocol parameters including stability fees, collateral types accepted, and risk parameters. The protocol allows users to lock ETH and other approved collateral to mint DAI, effectively creating a decentralized lending system. MKR is burned when DAI loans are repaid, creating deflationary pressure.

History

2015
MakerDAO founded by Rune Christensen on Ethereum
2017
Single-Collateral DAI launches, backed solely by ETH
2019
Multi-Collateral DAI launches, accepting multiple types of collateral
2020
MakerDAO survives Black Thursday market crash through emergency governance
2022
DAI supply grows to $10 billion; MakerDAO begins holding real-world assets as collateral
2023
Maker launches Endgame upgrade plan; rebranding to Sky protocol announced

How to Swap MKR

Swap Maker MKR on SyntheticSwap without registration or identity checks. MKR is an ERC-20 token on Ethereum, so any ERC-20 compatible wallet address can receive it. Select MKR in the exchange form, choose your destination asset, enter your wallet address, and confirm the swap to get the best available rate.

How to Store MKR

Maker MKR is an ERC-20 token stored in any Ethereum-compatible wallet. MetaMask is the most widely used option for MKR holders who also participate in governance. Hardware wallets like Ledger and Trezor provide the highest security for significant MKR holdings. For governance participation, browser-based wallets that integrate with the Maker Governance portal (vote.makerdao.com) are recommended.

Frequently Asked Questions