MKR is the governance token of the Maker Protocol. It is used to vote on protocol parameters such as stability fees, collateral types, and other critical changes, with voting power proportional to the amount of MKR held. The token also serves as a recapitalization resource, allowing the system to mint and auction new MKR to cover shortfalls when the protocol becomes undercollateralized.
0x9f8f72aa9304c8b593d555f12ef6589cc3a579a2Read price, trading volume and pools separately
24h change +6.95% · 24h volume $103.4K · Total token liquidity $929.23K
The chart above shows the selected pool; switching pools does not change token-level aggregate metrics.
Trading activity
Token aggregate · selected window · 24h · Amounts in USD
| Selected window | Buy | Sell |
|---|---|---|
| Trade count | 136 | 232 |
| Unique address count | 49 | 61 |
The difference is buy volume minus sell volume, not net capital inflow. Addresses are deduplicated within each side; one address may appear on both.

