
Maker
MKR
Live Maker price in India
₹112,401.24
4.5%
Currency
Maker Market Insights
Market Cap
₹0
Fully Diluted Market Cap
₹0
Volume 24H
₹0
Circulating Supply
0 MKR
Total Supply
0
Returns Calculator
MKR to INR Converter
Quantity

MKR
Price

INR
1 Maker equals to ₹112,401.24 INR
As of Invalid Date
How to Invest in Maker with Mudrex ?
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Buy/Sell
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Sign up with your phone number or email address.

KYC
Complete the KYC verification process by entering your Aadhaar, PAN, & bank details.

Deposit Funds
Deposit INR or crypto into your Mudrex wallet at zero fees. We even support UPI!

Buy/Sell
Buy or sell Maker Instantly.

Register
Sign up with your phone number or email address.
Things to know about Maker
What is Maker (MKR) token?
The Maker(MKR) protocol was one of the earliest decentralized autonomous organizations (DAO) built on the ETH blockchain. They have a collateralized stablecoin, DAI, which is influenced by its governance token, MKR. Maker pioneered the initiative to use DAI to address the volatility of lending and borrowing in crypto. There is a series of smart contracts that automatically adjust certain parameters to prevent the depeg of DAI.
Things to consider before buying Maker (MKR) token
In a case where users sell collateral for less than its value, it leads to an increase in the supply of MKR, which could drive down the price. Novice traders may take time to understand the working of Maker.
According to Coinmarketcap, more than 97% of the max supply is in circulation as of August 2023.
The network congestions on ETH may pose a threat to the systemic operation of MKR.
There is a deal of regulatory uncertainty around stablecoins which may affect DAI.
Reasons to buy Maker (MKR) token
It is a governance token which gives you voting rights and is widely accepted as a form of payment.
They have a very active community and a large TVL of $5.14B (total value locked).
Users holding MKR can amend risk protocols and influence the new offerings on the protocol.
Top Gainers
Coin | Price |
---|---|
![]() TomoChain | ₹98.39 |
![]() Mdex | ₹6.65 |
![]() Injective Protocol | ₹1,716.29 |
![]() Holo | ₹0.18 |
![]() Immutable X | ₹154.44 |
Top Losers
Coin | Price |
---|---|
![]() Terra | ₹92.92 |
![]() Terra Classic Price | ₹0.02 |
![]() Horizen | ₹953.03 |
![]() BakeryToken | ₹22.12 |
![]() THORChain | ₹548.22 |
Supported Assets
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Frequently asked questions about buying Maker (MKR) in India
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