What is MKR / US Dollar (MKRUSD)?
MKR / US Dollar (MKRUSD) is a spot trading pair traded on Binance, quoted in US dollars. It pairs Maker (MKR), the governance token of the MakerDAO protocol behind the DAI stablecoin, against the US dollar. As a spot market, it settles trades for immediate delivery of the underlying asset rather than through leveraged or derivative contracts. On TradeSearcher, this pair has been analyzed across more than 1,900 backtests, drawing on price history dating back to 2020 to give traders a broad, long-running view of how various strategies have performed on MKRUSD.