MakerDAO Protocol
Description
MakerDAO is a decentralized finance (DeFi) platform built on the Ethereum blockchain that allows individuals to create and manage the DAI stablecoin, which is pegged to the value of the US dollar. MakerDAO uses a system of smart contracts to manage the creation and redemption of DAI tokens, which can be used for a variety of purposes, such as payments, trading, and investment.
One of the key features of MakerDAO is its collateralized debt position (CDP) system, which allows users to lock up their digital assets as collateral in order to generate DAI stablecoins. This creates a decentralized lending system that is independent of traditional financial intermediaries and allows users to access liquidity without having to sell their assets.
Metrics related to MakerDAO protocol:
Action metrics:
makerdao_action_deposits
- Amount of deposited tokensmakerdao_action_deposits_usd
- Amount of deposited tokens in USDmakerdao_action_liquidations
- Amount of liquidated tokensmakerdao_action_liquidations_usd
- Amount of liquidated tokens in USDmakerdao_action_new_debt
- Amount of borrowed tokensmakerdao_action_new_debt_usd
- Amount of borrowed tokens in USDmakerdao_action_repayments
- Amount of repaid tokensmakerdao_action_repayments_usd
- Amount of repaid tokens in USD
New debt/repayments against collateral metrics:
dai_created
- Amount of DAI created, backed by underlying collateraldai_repaid
- Amount of DAI repaid, backed by underlying collateraltotal_dai_created
- Amount of DAI in circulation, backed by underlying collateral
Total supplied/borrowed metrics:
makerdao_total_supplied
- Total supplied tokensmakerdao_total_supplied_usd
- Total supplied tokens in USDmakerdao_total_borrowed
- Total borrowed tokensmakerdao_total_borrowed_usd
- Total borrowed tokens in USD
Collateralization ratio and stability fee metrics:
mcd_collat_ratio
- Ratio of collateral value to the value of the debt generated against that collateralmcd_stability_fee
- Variable interest rate charged on outstanding debt
Protocol total action metrics:
makerdao_total_deposits_usd
- Total amount of deposits on MakerDAO (combining all assets in USD)makerdao_total_liquidations_usd
- Total amount of liquidations on MakerDAO (combining all assets in USD)makerdao_total_new_debt_usd
- Total amount of borrowings on MakerDAO (combining all assets in USD)makerdao_total_repayments_usd
- Total amount of repayments on MakerDAO (combining all assets in USD)
Protocol total supplied/borrowed metrics:
makerdao_protocol_total_supplied_usd
- Total amount supplied on MakerDAO (combining all assets in USD)makerdao_protocol_total_borrowed_usd
- Total amount borrowed on MakerDAO (combining all assets in USD)
Daily active addresses:
makerdao_active_addresses
- Daily active addresses on MakerDAO
MakerDAO metrics have been migrated to a new framework; old metrics can be accessed via their previous names, listed here: Deprecated MakerDAO Metrics. Although older data remains accessible through the API, we do not recommend its use.
Access
Measuring Unit
Amount in tokens/USD
Data Type
Frequency
Latency
Available Assets
Metrics related to the entire protocol available for maker
and multi-collateral-dai
Other metrics: available for these assets
SanAPI
Action metrics: makerdao_action_deposits<_usd>
, makerdao_action_liquidations<_usd>
,
makerdao_action_new_debt<_usd>
and makerdao_action_repayments<_usd>
1 2 3 4 5 6 7 8 9 10 11 12 13
{ getMetric(metric: "makerdao_action_deposits_usd"){ timeseriesData( slug: "weth" from: "2022-11-01T00:00:00Z" to: "2022-11-03T00:00:00Z" includeIncompleteData: true interval: "5m"){ datetime value } } }
New debt/repayments against collateral metrics:dai_created
, dai_repaid
and total_dai_created
1 2 3 4 5 6 7 8 9 10 11 12 13
{ getMetric(metric: "dai_created"){ timeseriesData( slug: "weth" from: "2022-11-01T00:00:00Z" to: "2022-11-03T00:00:00Z" includeIncompleteData: true interval: "5m"){ datetime value } } }
Total supplied/borrowed metrics: makerdao_total_supplied<_usd>
and
makerdao_total_borrowed<_usd>
1 2 3 4 5 6 7 8 9 10 11 12 13
{ getMetric(metric: "makerdao_total_supplied"){ timeseriesData( slug: "wrapped-bitcoin" from: "2022-11-01T00:00:00Z" to: "2022-11-03T00:00:00Z" includeIncompleteData: true interval: "5m"){ datetime value } } }
Collateralization ratio and stability fee metrics: mcd_collat_ratio
and
mcd_stability_fee
1 2 3 4 5 6 7 8 9 10 11 12 13
{ getMetric(metric: "mcd_collat_ratio"){ timeseriesData( slug: "wrapped-bitcoin" from: "2022-11-01T00:00:00Z" to: "2022-11-03T00:00:00Z" includeIncompleteData: true interval: "1d"){ datetime value } } }
Protocol total action metrics: makerdao_total_deposits_usd
, makerdao_total_liquidations_usd
,
makerdao_total_new_debt_usd
and makerdao_total_repayments_usd
1 2 3 4 5 6 7 8 9 10 11 12 13
{ getMetric(metric: "makerdao_total_new_debt_usd"){ timeseriesData( slug: "maker" from: "2022-11-01T00:00:00Z" to: "2022-11-03T00:00:00Z" includeIncompleteData: true interval: "5m"){ datetime value } } }
Protocol total supplied/borrowed metrics: makerdao_protocol_total_supplied_usd
and
makerdao_protocol_total_borrowed_usd
1 2 3 4 5 6 7 8 9 10 11 12 13
{ getMetric(metric: "makerdao_protocol_total_supplied_usd"){ timeseriesData( slug: "multi-collateral-dai" from: "2022-11-01T00:00:00Z" to: "2022-11-03T00:00:00Z" includeIncompleteData: true interval: "5m"){ datetime value } } }
Daily active addresses: makerdao_active_addresses
1 2 3 4 5 6 7 8 9 10 11 12 13
{ getMetric(metric: "makerdao_active_addresses"){ timeseriesData( slug: "maker" from: "2023-01-01T00:00:00Z" to: "2023-01-10T00:00:00Z" includeIncompleteData: true interval: "1d"){ datetime value } } }