◆ Decentralised finance (DeFi) · MKRUSDT
Maker (Sky)
MKR is MakerDAO's legacy governance token, issuer of DAI; it is migrating to SKY after the 2024 rebrand.
◆ Live market
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24h
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- Ticker
- MKRUSDT
- Category
- Cryptocurrencies
- Type
- Decentralised finance (DeFi)
- Sector
- DeFi
- Market-cap rank
- n°222
- Trading hours
- 24/7
What is Maker (Sky)?
MKR is MakerDAO's legacy governance token, issuer of DAI; it is migrating to SKY after the 2024 rebrand. Decentralised finance covers protocols providing financial services without intermediaries: decentralised exchanges (DEX), lending and borrowing, derivatives, yield. Rules are coded in smart contracts.
How Maker (Sky) works and what gives it value
A DeFi token usually grants governance and sometimes a share of protocol fees (buybacks, distribution). The market rewards protocols generating real, durable revenue.
What moves the price of Maker (Sky)
- ◆Trading and borrowing volume on the protocol
- ◆Fees and revenue shared with holders
- ◆Health of the host chain
- ◆Yields and incentives offered
- ◆Regulatory changes
Key metrics to watch
- ◆TVL
- ◆Protocol revenue
- ◆Market cap to fees ratio
- ◆Daily volume
Risks specific to Maker (Sky)
- ◆Smart-contract hacks
- ◆Cascading liquidations in sell-offs
- ◆Temporary incentives inflating activity
How to analyse Maker (Sky) on GraphTrade
Daily and 4h; buyback or fee-switch announcements often trigger breakouts. Open the MKRUSDT chart, add the indicators below, compare Maker (Sky) with similar assets in Performance and ask the AI Compass to explain the latest move with news and macro context.
Themes
Included in: DeFi.
◆ Indicators suited to Maker (Sky)
◆ FAQ
What is Maker (Sky) (MKRUSDT)?
MKR is MakerDAO's legacy governance token, issuer of DAI; it is migrating to SKY after the 2024 rebrand.
Why is Maker (Sky) going up or down today?
The main drivers are: trading and borrowing volume on the protocol, fees and revenue shared with holders, health of the host chain, yields and incentives offered. The AI Compass cross-references these with today's news.
Which indicators work best on Maker (Sky)?
Daily and 4h; buyback or fee-switch announcements often trigger breakouts.
What are the risks of Maker (Sky)?
Smart-contract hacks ; Cascading liquidations in sell-offs ; Temporary incentives inflating activity.
What is the market-cap rank of Maker (Sky)?
Maker (Sky) was ranked #222 by market cap when this page was generated, in the DeFi sector. The live rank appears at the top of the page.
How do I follow Maker (Sky) in real time?
Open the free GraphTrade chart for MKRUSDT: price updates live every second, with all indicators.
How do I add Maker (Sky) to my portfolio?
Click « Add to portfolio » on this page: the asset joins your active portfolio.
Is this investment advice?
No. GraphTrade provides information and analysis tools only.
◆ Assets similar to Maker (Sky)
Information only, not investment advice.