MKR is a cryptocurrency depicted as a smart contract platform and works alongside the Dai coin and aims to act as a hedge currency that provides traders with a stable alternative to the majority of coins currently available on the market. Maker offers a transparent stablecoin system that is fully inspectable on the Ethereum blockchain. Founded almost three years ago, MakerDao is lead by Rune Christensen, its CEO and founder. Maker’s MKR coin is a recent entrant to the market and is not a well known project. However, after today it will be known by many more people after blowing up 40% and it is one of the coins to rise to prominence during the recent peaks and troughs.
Order Book
Connecting…Price Chart: MKR
Largest Bid Walls
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Largest Ask Walls
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MKR Funding Rate History
Last 7 days · 168 intervalsOver the last 7 days, MKR funding has averaged 0.00000% per hour, an annualised rate of 0.0%. No funding changed hands in either direction over that period — this market has been dormant, so there were no open positions to charge. Work out what this costs on your own position with the funding rate calculator.
MKR funding & market FAQ
What is the current MKR funding rate?
The current MKR funding rate on Hyperliquid is 0.00000% per hour, with a predicted next rate of 0.00000%. Over the past 7 days it has averaged 0.00000%. Hyperliquid charges funding every hour, unlike most centralised exchanges which charge every eight.
Who pays funding on MKR right now?
The rate is flat at zero, so neither side is paying the other right now. See how funding rates work for the full mechanism.
What does MKR open interest tell me?
MKR currently has $0 of open interest, ranking #334 of 533 Hyperliquid markets. Open interest measures capital currently committed to open positions rather than trading activity, so rising open interest alongside rising price indicates new positions rather than a short squeeze. Read more on open interest.
What is my liquidation price on a MKR position?
At the current mark price of $1,828.8, a 10x long would be liquidated around $1,645.9 and a 10x short around $2,011.7. Higher leverage moves those levels much closer — calculate yours exactly with the liquidation price calculator.
Can I trade MKR perpetuals without an account?
Trading requires a Hyperliquid wallet connection, but all the data on this page is public and free to view. You can also inspect any trader's MKR positions, entries and realised PnL by pasting their wallet address — no sign-up needed.
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