Price
$1,629.77
24h% change
0.1%
Volume (24h)
$196.786M
Market Cap
$1.440B
Maker serves as a smart contract lending platform, allowing users to secure loans by pledging collateral in exchange for Dai. Initiated by the Maker Foundation in 2015, it operates as an open-source project aimed at providing economic empowerment and opportunities globally. In 2017, Maker introduced the Maker governance token (MKR) alongside its initial stablecoin version, Single Collateral Dai (SAI), backed by Ether (ETH).
In 2019, two years later, the Foundation rolled out the Multi-Collateral Dai (DAI), replacing SAI. Garnering widespread adoption, Maker stands as the largest decentralized lending platform, boasting a total value locked (TVL) of approximately $2.58 billion as of December 2020.
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Maker ’s historic highest price is $6,292.31, which was recorded on 3rd of May 2021. Currently, Maker ’s price is %74.1 Lower than its historic high.
Maker ’s historic lowest price is $168.36, which was recorded on 1st of January 1970. Currently, Maker ’s price is %867.9 Higher than its historic low.
Let's take a look at the important factors that impact Maker 's worth, such as how many people want to buy or sell it and how available it is. Other influences include what's being said about it on the news and internet, changes in the global economy and politics, and rules Governments set for using it.