MKR governs MakerDAO and DAI. One of the oldest DeFi protocols with the biggest stablecoin. The rebrand to Sky is the newer chapter.
MKR is down about 0.7% in the last 24 hours. Quiet day. It's further down the volume book at 159th of 159, with $0 traded in the last 24 hours. Open interest sits at $0. Funding is flat right now, so longs and shorts are paying each other roughly nothing.
Numbers update in real time when you're on this page. Data pulled directly from Hyperliquid.
MKR is the DeFi blue chip. Moves with protocol revenue more than with crypto beta.
You can trade MKR with up to 10x leverage on 10X. A $100 margin position at 10x controls about $1,000 of MKR exposure, which amplifies both gains and losses.
MKR funding is currently 0.0000% per 8 hours. Funding is flat right now, so longs and shorts are paying each other roughly nothing. Funding resets every 8 hours and is the main tool the market uses to push the perp price back toward spot.
It's further down the volume book at 159th of 152, with $0 traded in the last 24 hours. MKR is the DeFi blue chip. Moves with protocol revenue more than with crypto beta.
Yes. You can go long or short on MKR with up to 10x leverage. Shorts profit when the price drops, longs profit when it rises. Both sides pay or receive funding every 8 hours depending on which side is crowded.
DAI / USDS supply, RWA collateral growth, MKR buybacks from protocol revenue. It usually tracks broader crypto sentiment when there's no specific catalyst.
Page data last updated 2026-04-12. Live prices refresh on load.