Maker (MKR) Price
Source mode: Binance public market data
Reference price
+0.76% in 24h
Market capitalization
$1.35B
24h trading volume
$440.71K
24h range
24h price trend
Hourly closes over the last 24 hours
About this asset
What is Maker?
Maker is the decentralized governance protocol behind the DAI and USDS stablecoin ecosystems and real-world asset collateral management.
As of 6 October 2026 at 05:00 UTC, Maker (MKR) was priced at $1,814 (about ₹1,56,885), up 0.76% over 24 hours, according to Binance public market data. Its estimated market capitalisation was ₹11677.50 Cr. Prices differ between exchanges; confirm on your chosen venue.
- Category
- DeFi
- Symbol
- MKR
- Market Focus
- Spot & Perpetual Futures
- Settlement
- USDT Pair
Overview & Institutional Context
Substantial protocol revenue allocation to token burns underpins spot value with low derivative leverage.
Market participants track MKR liquidity across spot order books and perpetual futures derivatives to monitor funding rate basis and open interest trends.
Frequently asked questions
What is Maker (MKR) used for?
Maker is the decentralized governance protocol behind the DAI and USDS stablecoin ecosystems and real-world asset collateral management.
How is MKR taxed in India?
Under Section 115BBH of the Indian Income Tax Act, gains from MKR trading are taxed at a flat 30% rate with no deduction for expenses other than acquisition cost. Under Section 194S, a 1% TDS applies to transfer considerations exceeding statutory thresholds.