Maker (MKR) is the governance token for the MakerDAO and Maker Protocol, a decentralized finance platform on Ethereum that issues and stabilizes the DAI stablecoin.

MakerDAO allows users to create DAI by locking up collateral assets. MKR holders vote on key governance decisions for the Maker Protocol, including risk management and collateral types, ensuring the stability of the DAI stablecoin.

MakerDAO pioneered the issuance of decentralized stablecoins, creating DAI. Unlike traditional stablecoins, DAI is collateral-backed and decentralized, governed by MKR holders who vote on its parameters and stability measures.

You can buy, sell, and trade Maker (MKR) on major exchanges. Our Maker Markets page provides live MKR prices, historical data, and governance updates to help you stay informed.

Maker provides a decentralized stablecoin (DAI) backed by collateralized assets, enabling users to access a stable currency for DeFi transactions without relying on central authorities or traditional banks.

Store Maker (MKR) securely in compatible wallets such as Ledger, MetaMask, or Trust Wallet, which support MKR storage on the Ethereum network.

MKR is used for governance within the MakerDAO, enabling holders to vote on adjustments to the DAI stablecoin system, including collateral types, risk parameters, and stability fees.

Maker has a significant role in DeFi as the governance token for DAI’s stability. Like all crypto assets, its value is influenced by market conditions, and potential investors should consider their strategies carefully.