A long order of $MKR was opened at the position of 1943, and the forced liquidation price was controlled within 1500

Many old leeks are very familiar with $MKR , but new users may not know much about it, so let me briefly introduce it.

MakerDAO is a decentralized lending platform that achieves over-collateralized loans by locking tokens such as ETH in smart contracts and minting stablecoins $DAI pegged to the US dollar.

$DAI currently has a market value of 41.6 billion US dollars, ranking 18th in the entire network market value, and is the third-ranked stablecoin, second only to $USDT $USDC; $MKR currently ranks 40th in the entire network market value, is the governance token of $DAI, and is also the absolute leader of the $ETH ecosystem

Recent positives

1️⃣Defillama shows annual revenue of nearly 90 million US dollars

2️⃣MakerDAO plans to invest $1 billion of its reserves in tokenized US Treasury products. Top players in the field, including BlackRock's BUIDL, Superstate and Ondo Finance, have expressed their willingness to actively participate in the program.

3️⃣ Grayscale launched the MKR Trust Fund Grayscale MakerDAO Trust on August 13, which is expected to be a leader in RWA

4️⃣ It is the DeFi token that has attracted the most cash flow from whales in the past 7 days