By Menno — 13 years in crypto, 3 bear markets survived, zero paid promotions
Last updated: April 2026
Maker (MKR) Risk Score
Maker (MKR) has a composite risk score of 30/100, classified as Low Risk. This score is derived from 6 active indicators and updates every 6 hours. Governance token for MakerDAO, the protocol behind the DAI stablecoin.
Maker Risk Score
Low Risk
What Does This Score Mean?
A score of 30 means Maker is in the Low Risk zone. Scores below 40 indicate relatively lower risk conditions, while scores above 60 suggest elevated risk.
This composite is computed from up to 9 indicators including on-chain data, market sentiment, and price action. The individual indicator scores are available to Alpha Factory members.
Scoring Indicators
| Indicator | Weight | Status |
|---|---|---|
| Risk Wave | 23% | Core |
| RSI (2-Week) | 18% | Core |
| ATH Distance | 5% | Core |
| Bitcoin Dominance | 5% | Core |
| Fear & Greed Index | 14% | Core |
| ALT/BTC Ratio | 5% | Core |
| BTC Production Cost | 9% | Core |
| Funding Rate | 5% | Modifier |
| Token Unlocks | 18% | Modifier |
Maker Investment Context
MakerDAO is one of the most established protocols in DeFi, with DAI serving as a foundational stablecoin across the ecosystem for years. The protocol earns revenue from stability fees charged on Vault positions, creating a direct link between DAI demand and MKR token value through buybacks and burns. Its Endgame restructuring aims to improve governance scalability and long-term sustainability.
Key Features:
- DAI is an overcollateralized stablecoin soft-pegged to USD, generated by locking collateral in Maker Vaults
- MKR holders vote on risk parameters, collateral types, and protocol upgrades through on-chain governance
- When Maker takes a loss, new MKR is minted and auctioned; when surplus accumulates, MKR is burned
- Maker's Endgame plan proposes restructuring the DAO into smaller SubDAOs with their own governance tokens
Key Risks:
- DAI's peg stability depends on adequate collateral ratios; sharp market drops can trigger cascading liquidations
- Governance complexity and voter apathy create slow decision-making relative to more centralized competitors
- Concentration in real-world asset collateral introduces counterparty and regulatory risk to the protocol
DeFi Category
Decentralized Finance tokens power protocols that recreate financial services without traditional intermediaries.
Strategy: DeFi tokens live and die by TVL and real fee revenue. Focus on protocols generating sustainable revenue.
View all DeFi risk scores →Compare with DeFi Peers
| # | Coin | Score |
|---|---|---|
| 1 | Injective INJ | 7 |
| 2 | Curve DAO CRV | 7 |
| 3 | Trader Joe JOE | 8 |
Frequently Asked Questions
What is the current risk score for Maker?
Maker (MKR) currently has a composite risk score of 30/100, classified as "Low Risk". This score is derived from 6 active indicators including Risk Wave, RSI, and market sentiment data.
How risky is Maker compared to other DeFi coins?
DeFi coins generally carry high risk. Decentralized Finance tokens power protocols that recreate financial services without traditional intermediaries. Among peers, Injective currently shows the lowest risk in this category.
What indicators are used to score Maker?
The Maker risk score uses up to 9 indicators: Risk Wave (momentum), 2-week RSI (overbought/oversold), ATH Distance, Bitcoin Dominance, Fear & Greed Index, ALT/BTC Ratio, BTC Production Cost, Funding Rate, and Token Unlocks. Each indicator is weighted based on its predictive value for altcoin market conditions.
Should I invest in Maker based on this risk score?
Risk scores are for informational purposes only and do not constitute financial advice. MakerDAO is one of the most established protocols in DeFi, with DAI serving as a foundational stablecoin across the ecosystem for years. The protocol earns revenue from stability fees charged on Vault... Always do your own research and consult a financial advisor.