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HostDeFi › Markets › Ethereum › MKR

Is MKR safe?

D

Maker·MKR·Ethereum

$1.61K−0.87% (24h, feed)0.00% (1h, feed)0.00% Change (3h)

Maker (MKR) · Ethereum · on-chain safety read, grade D (49/100)

Data snapshot: 2026-10-16 · source: live token feeds + on-chain flags · refreshed weekly · not financial advice

DD · see the safety checks › Swap MKR safely →

MKR price and market data

Liquidity
$1.31M
FDV
$146.81M
Holders
75,008
Age
1,813 days
24h volume
$140.63K DEX
Total supply
83,532 MKR
Max supply
Uncapped
Low measured
$1.60K · 10-15
High measured
$2.21K · 10-04
Top-10
197.32%

Live candles — most active pool via GeckoTerminal · our dated on-chain measurements are the other tabs

MKR markets — tracked pools

Most active tracked pools — read live.

PoolVenueLiquidity24h volumeVolume %
SKY / MKR 0.3%Uniswap V4 (Ethereum)$310.08K$47.55K54.0%Trade
MKR / WETHUniswap V2$1.46M$14.74K16.7%Trade
MKR / WETH 0.3%Uniswap V3$370.26K$13.79K15.7%Trade
MKR / WETH 0.3%SushiSwap V3 (Ethereum)$389.17K$11.76K13.4%Trade
DAI / MKR 0.3%Uniswap V3$7.05K$216.360.2%Trade

Trade MKR

Live quote and wallet connect open in the app — free, non-custodial.

MKR to USD converter

MKR=$1.61KUSD

Global MKR prices

⚠ Can mint⚠ Can freeze

HostDeFi score: higher = safer (0–100)

Flags to weigh
  • the contract can mint new supply — holders can be diluted at will contract red flags
  • the contract can pause transfers or blacklist wallets — balances can be frozen
  • the contract owner is hidden — control exists but is obscured
Clean checks
  • contract source code is verified
  • on a major token-security registry's trust list
  • liquidity depth is healthy liquidity locks
  • the creator wallet holds under 5% of supply (<0.01%) dev-wallet flags

Re-scan MKR live before you trade

On-chain state changes — verify the current read, then swap non-custodially if it clears.

What the data says about MKR

MKR — 0x9f8f72aa9304c8b593d555f12ef6589cc3a579a2 — is MakerDAO's governance token, caught mid-story: the protocol rebranded to Sky and re-denominated its governance asset (MKR → SKY at 1:24,000) while both tickers trade. This row tracks the original MKR contract — still live, still convertible — which makes its snapshot numbers read strange to anyone who doesn't know the migration is running.

The October 9, 2026 snapshot reads an $146.8 million fully-diluted value and $1.3 million of tracked depth against 75,008 holders — and a top-10 concentration of 197%, a number that is impossible on its face. Concentration over 100% is not a hidden whale; it is the snapshot double-counting supply that is mid-migration between the two tickers, an honest artifact of measuring a token that is half-converted.

The scan flags that matter are real, though: mint and freeze authorities are both active on this contract — Maker's governance genuinely can issue new MKR and pause transfers, powers it has used (the freeze lever exists for Dai's emergency design). Graded D at 49/100 on the flags alone. The context that keeps it from reading as a scam is eight years of that governance operating in public — but the powers are live, the migration splits its liquidity with SKY, and anyone buying MKR today is buying the predecessor of a token the protocol itself is replacing.

Figures dated October 9, 2026; the live scan refreshes them.

Balance concentration: the 10 largest token accounts hold 197.32% of MKR's supply as of 2026-09-27 — a heavily concentrated distribution — a handful of accounts can move or exit this market at will. Note these are token accounts: liquidity pools, exchange wallets and lockers count among them, so read this together with liquidity, not instead of it.

Price and safety history of MKR

Every dated snapshot we hold for MKR — price, market structure and grade, as measured, with nothing interpolated between them.

DatePriceLiquidityHoldersGrade
2026-10-16$1.61K$1.37M75,008D
2026-10-15$1.60K$1.37M75,008D
2026-10-14$1.77K$1.32M75,008D
2026-10-13$1.73K$1.29M75,008D
2026-10-11$1.76K$1.31M75,008D
2026-10-09$1.76K$1.31M75,008D
2026-10-08$1.84K$1.34M75,222D
2026-10-07$1.84K$1.33M75,222D
2026-10-06$2.02K$1.44M75,032D
2026-10-05$2.19K$1.54M75,222D
2026-10-04$2.21K$1.55M75,222D
2026-10-03$2.02K$1.49M75,222D
2026-10-02$1.91K$1.52M75,222D
2026-10-01$1.78K$1.42M75,222D
2026-09-30$1.78K$1.41M75,222D
2026-09-27$1.71K$1.47M75,222D

Contract

0x9f8f72aa9304c8b593d555f12ef6589cc3a579a2

Verify MKR by this address, never by name or ticker.

Put the MKR grade on your site

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Linked shield · click to copy<a href="https://hostdefi.com/token/ethereum/mkr/" target="_blank" rel="noopener"><img src="https://hostdefi.com/api/badge/ethereum/0x9f8f72aa9304c8b593d555f12ef6589cc3a579a2.svg" alt="MKR safety grade D on HostDeFi"></a>
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Markdown (READMEs) · click to copy[![MKR safety grade](https://hostdefi.com/api/badge/ethereum/0x9f8f72aa9304c8b593d555f12ef6589cc3a579a2.svg)](https://hostdefi.com/token/ethereum/mkr/)
Page link (carries your ref) · click to copyhttps://hostdefi.com/token/ethereum/mkr/

FAQ

Is MKR a safe token?

As of the 2026-10-09 snapshot, MKR scores 49/100 (grade D) on HostDeFi's on-chain read — based on a contract that can mint new supply, can freeze or blacklist transfers, liquidity of $1.31M and 75,008 holders, with the creator wallet holding <0.01% of supply. That grades contract and market structure, not price direction — a clean read is not a guarantee, so re-scan before trading, since on-chain state can change.

Can you sell MKR, or is it a honeypot?

Careful here: MKR's contract can pause transfers or blacklist wallets as of 2026-10-09 — the EVM lever that can trap a sale is present. The power existing doesn't mean it will be used, but verify the current state with the live scan before trading.

Who holds most of MKR?

The wallet that created MKR holds <0.01% of the supply as of 2026-10-09 — a small stake, under the 5% the scanners flag. That sits alongside a holder base of 75,008; a broad base lowers the odds that any one seller can steer the price, but the creator's share is the number to watch first.

Can MKR's supply be inflated?

Yes — the contract can still mint new supply as of the 2026-10-09 snapshot, so the deployer or a minter role can dilute holders. Treat the circulating figure as a floor, not a cap.

What is the MKR contract address?

The MKR contract address on Ethereum is 0x9f8f72aa9304c8b593d555f12ef6589cc3a579a2. Always verify a token by its contract address, not its name or ticker — scam clones copy tickers, but the address is unique.

Where can you buy MKR safely?

Run the live on-chain scan at the top of this page first; if MKR clears, you can swap it here directly. Whatever venue you use, match the contract address (0x9f8f72aa9304c8b593d555f12ef6589cc3a579a2) exactly before trading — copying the ticker is how clone scams catch buyers, and the address is the one field they can't fake.

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HostDeFi is an educational risk tool, not financial advice. Figures are a dated on-chain snapshot and can change; a clean read is not a guarantee. Always do your own research. Free · no signup · a HostDeFi product