WHALE FACTOR
AnalysisFeaturedAIMarketCalendarCryptoToolsAPI
Newsletter

Latest Articles

Apple Takes OpenAI to Court Over Alleged Trade Secret Theft

Jul 10, 2026

Apple vs. OpenAI: A $6.5 Billion Hardware Feud Unfolds

Jul 10, 2026

Terraform's $4B Legal Battle: The High-Stakes Dance with Jump Trading

Jul 10, 2026

Chainlink's Latest CCIP Integration: A New Era for Crypto Communication

Jul 10, 2026

Dogecoin's Dance Around $0.13: A Short-Lived Surge or Steady Climb?

Jul 10, 2026

Tokenized US Treasuries Lead Market, But Access Remains a Barrier

Jul 10, 2026

Bitcoin's $100K Target: Why Standard Chartered Calls it a 'Screaming Buy'

Jul 10, 2026

Japan's Fiscal Split: A $1.8 Trillion Gamble That Crypto Can't Ignore

Jul 10, 2026

News & Analysis

  • Latest News
  • Featured
  • Analysis
  • Blog
  • AI x Crypto
  • Newsletter
  • Newsletters
  • RSS Feed

Learn & Compare

  • Crypto Glossary
  • Learn Guides
  • How to Buy
  • Compare Coins
  • Best Of
  • Developers

Prices & Tools

  • All Prices
  • Bitcoin Price
  • Ethereum Price
  • Market Overview
  • All Tools
  • Fear & Greed
  • Crypto Calendar

Company

  • About Us
  • Methodology
  • Editorial Standards
  • Search
  • Privacy Policy
  • Terms of Service
  • Sitemap
  • HTML Sitemap
Whale Factor|

2026 Whale Factor. All rights reserved.

  1. Home
  2. /Glossary
  3. /MakerDAO
Back to Glossary
defi

MakerDAO

The protocol behind DAI, one of the oldest decentralized stablecoins.

Definition

The protocol behind DAI, one of the oldest decentralized stablecoins. Users lock up collateral like ETH to mint DAI, which targets a $1 peg. MakerDAO rebranded to Sky in 2024 but the original name stuck in most conversations. MKR holders govern the system and set risk parameters.

Share this term

Related Terms

Stablecoin

A cryptocurrency designed to maintain a stable value, usually pegged to the US dollar.

DAO (Decentralized Autonomous Organization)

An organization run by code and governed by token holders instead of a traditional management structure.

Overcollateralization

Requiring borrowers to deposit more collateral than the amount they're borrowing.

1inch

A DEX aggregator that splits trades across multiple decentralized exchanges to find the best overall price.

Aave

One of the biggest lending and borrowing protocols in DeFi.

Across Protocol

A cross-chain bridge that uses an optimistic verification system and a network of relayers to move tokens between chains quickly.

Related Tools

Profit Calculator/tools/profit-calculator

Learn More

DeFi Guide/learn/defiStaking Guide/learn/stakingYield Farming Guide/learn/yield-farmingDAO Guide/learn/dao

Compare & Best

Compare Platforms/compareBest Picks/best

Explore More

Latest NewsCrypto NewsMarketsAnalysisFull Glossary

Stay ahead of the market

Get daily crypto analysis delivered to your inbox. No spam, unsubscribe anytime.