About MKR and JUSDC
Maker is falling, while Jones USDC is climbing this week. The current MKR to JUSDC conversion rate is 1,527.66. Inversely, this means that if you convert 1 JUSDC you will get 0.0006546 MKR. The conversion rate of MKR/JUSDC has decreased by 0% in the last hour (JUSDC/MKR increased by 0%). In the last 24 hours, MKR/JUSDC shrunk by 9.58%, while JUSDC/MKR grew by the same amount.
The exchange rate of Maker is decreasing. The current value of 1 MKR is 1,527.66 JUSDC. In other words, to buy 5 Maker, it would cost you 7,638.32 JUSDC. Inversely, 1 JUSDC would allow you to trade for 0.0006546 MKR while 50 JUSDC would convert to 0.03273 MKR, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.81%. Meanwhile, in the last 24 hours, the rate has changed by 6.29%, which means that the highest exchange rate of 1 MKR to JUSDC was 1,752.21 JUSDC and the lowest 24 hour value was 1 MKR for 1,453.70 JUSDC. Last month, 1 MKR was worth 1,850.60 JUSDC. Today, it's down 21.14%. Looking back a year, Maker has changed by 2,357.34 JUSDC. That means that in a single year, the value of Maker has shrank by 54.31%.
Maker Market Stats
Maker is an Ethereum token that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” The purpose of the Maker system is to generate another Ethereum token, called Dai, that seeks to trade on exchanges at a value of exactly US$1.00.
Jones USDC Market Stats
jUSDC is a product of JonesDAO, a protocol that is already listed on CoinGecko. Jones DAO is a yield, strategy, and liquidity protocol for options. We deploy vaults that enable one-click access to institutional-grade options strategies while unlocking capital efficiency & liquidity for DeFi options through yield-bearing options-backed asset tokens. Jones recently launched a set of advanced strategy vaults, jGLP & jUSDC, that are built on top of the GMX platform and GLP. These vaults deliver transparent and consistent leveraged yield to users. They work in tandem to amplify the yield generated by GLP for depositors. - jGLP: Smart Leverage on the underlying GLP rewards rate - jUSDC: Transparent USDC yield without the inefficiencies of competing methods Both vaults offer optional auto-compounding. Choosing to auto-compound allows users to mint the jGLP and jUSDC receipt tokens. The jGLP vault accrues yield in ETH, while the jUSDC vault accrues yield in USDC. How do they work? The jGLP and jUSDC vaults are complementary. At a high level, the two Vaults work together by doing the following: 1. Users can deposit GLP or any GLP basket token into the jGLP Vault, and USDC into the jUSDC Vault. 2. The jGLP Vault borrows USDC collateral from the jUSDC Vault to mint more GLP, thereby gaining leverage on its GLP position. 3. The jGLP Vault delivers amplified and transparent real yield to depositors. 4. The jUSDC Vault delivers USDC yield to depositors by receiving a portion of the yield from the GLP strategy built on its collateral. The jGLP Vault only borrows from the jUSDC vault, and does not interact with any other leverage sources. jGLP maintains exposure similar to the broad crypto market (i.e ETH, BTC, etc.) while earning multiples of the base GLP yield. Even better, jGLP uses Smart Leverage, developed with extensive backtesting, to automatically rebalance within an algorithmically determined range.
Conversion tables
MKR to JUSDC values from Today at 6:08 pm
0.5 MKR = 763.83 JUSDC |
1 MKR = 1,527.66 JUSDC |
5 MKR = 7,638.32 JUSDC |
10 MKR = 15,276.64 JUSDC |
50 MKR = 76,383.18 JUSDC |
100 MKR = 152,766.35 JUSDC |
500 MKR = 763,831.75 JUSDC |
1,000 MKR = 1,527,663.51 JUSDC |
JUSDC to MKR values from Today at 6:10 pm
0.5 JUSDC = 0.0003273 MKR |
1 JUSDC = 0.0006546 MKR |
5 JUSDC = 0.003273 MKR |
10 JUSDC = 0.006546 MKR |
50 JUSDC = 0.03273 MKR |
100 JUSDC = 0.06546 MKR |
500 JUSDC = 0.3273 MKR |
1,000 JUSDC = 0.6546 MKR |
MKR to JUSDC over time
MKR | Today | 24H -6.29% | 1M -21.14% | 1Y -54.31% |
|---|---|---|---|---|
0.5 MKR | 763.83 JUSDC | 811.85 JUSDC | 925.30 JUSDC | 1,178.67 JUSDC |
1 MKR | 1,527.66 JUSDC | 1,623.69 JUSDC | 1,850.60 JUSDC | 2,357.34 JUSDC |
5 MKR | 7,638.32 JUSDC | 8,118.47 JUSDC | 9,253.00 JUSDC | 11,786.70 JUSDC |
10 MKR | 15,276.64 JUSDC | 16,236.94 JUSDC | 18,506.01 JUSDC | 23,573.40 JUSDC |
50 MKR | 76,383.18 JUSDC | 81,184.69 JUSDC | 92,530.04 JUSDC | 117,867.00 JUSDC |
100 MKR | 152,766.35 JUSDC | 162,369.39 JUSDC | 185,060.09 JUSDC | 235,734.01 JUSDC |
500 MKR | 763,831.75 JUSDC | 811,846.94 JUSDC | 925,300.44 JUSDC | 1,178,670.04 JUSDC |
1,000 MKR | 1,527,663.51 JUSDC | 1,623,693.87 JUSDC | 1,850,600.88 JUSDC | 2,357,340.08 JUSDC |
Frequently asked questions
Right now, 1 Maker is worth about $1,390.94.
Based on the current rate, you could get 0.0007189 MKR for 1 USD.
Maker price has been declining. Since yesterday, the exchange rate of Maker has decreased. Since last month, the exchange rate of Maker has decreased. Since this time last year, the price of Maker has decreased.
You can use our MKR to USD calculator at the top of this page to convert any amount of MKR to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.003595 MKR. Inversely, 5 MKR will cost about $6,954.69
Maker is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Maker.
There are a number of crypto assets that have the a similar or comparable market cap to Maker, including Aave MKR V2, Wealth Crypto, and White Monkey. For a more robust list of assets to explore, jump to the asset page dedicated to Maker.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.