Maker (MKR) Perpetual Futures

Live Maker perpetual-futures data — price, funding rate, open interest, trader positioning and 24-hour liquidations, aggregated across major exchanges. Maker is a core DeFi governance token that reacts to protocol and stablecoin news.

Maker perpetual futures, explained

A MKR perpetual future (perp) lets you trade Maker with leverage and no expiry. The funding rate keeps the perp price tethered to spot — positive funding means MKR longs are paying shorts (crowded longs), negative means the reverse. Open interest is the total value of open MKR positions; a fast rise means new leverage is flowing in. Liquidations show where over-leveraged MKR traders got force-closed — long liquidations on drops, short liquidations on rallies.

How to use this MKR dashboard

Read the four numbers together. Heavy positive funding plus lopsided long positioning and rising open interest is a crowded long setup that can unwind sharply. A spike in long liquidations often marks a local MKR bottom; a wave of short liquidations can fuel a squeeze higher. Confirm entries on the technical screener and size with the MKR liquidation calculator so leverage never puts you closer to liquidation than you intend.

MKR data aggregated across major exchanges (deepest market shown). For information only — not financial advice.