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Ethereum · ERC-20

Is MKR Safe? Maker Risk Overview

Governance token of MakerDAO, now rebranded as Sky; MKR holders can convert to SKY.

Contract Identity

Token
Maker (MKR)
Chain
Ethereum
Standard
ERC-20
Decimals
18
Contract
0x9f8F72aA9304c8B593d555F12eF6589cC3A579A2

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This is an editorial token overview, not a scan report or safety rating. Open Sentinel with this address and chain to request a scan. Check the report timestamp and any unavailable checks before relying on its results.

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Key Risk Considerations

  • ▸The contract exposes a mint function (mint(address,uint256)); check who holds the minting role and whether supply is capped.
  • ▸An administrative role is present (owner()); check whether it is held by a multisig, timelock, or governance contract.
  • ▸Sky has encouraged MKR holders to upgrade to SKY; check current migration status before relying on MKR governance rights.
  • ▸Contract facts on this page come from an on-chain bytecode and storage check on 2026-10-29. Roles and implementations can change, so recheck on the chain explorer.

What a Sentinel Scan Checks

Honeypot signals

Checks third-party honeypot, sell-restriction, and transfer-tax signals.

Holder concentration

Measures top-wallet concentration when coherent provider evidence is available.

Liquidity depth

Examines same-chain DEX liquidity, pool age, and pool composition.

Owner permissions

Checks available indicators of owner, mint, pause, blacklist, and fee controls.

Proxy pattern

Checks provider and source indicators of upgradeable proxy contracts.

Source availability

Checks explorer-verified source and ABI availability; does not independently recompile bytecode.

Frequently Asked Questions

What is the MKR contract address on Ethereum?

Maker (MKR) is deployed at 0x9f8F72aA9304c8B593d555F12eF6589cC3A579A2 on Ethereum as an ERC-20 token with 18 decimals.

Does the MKR contract have admin controls?

The contract exposes a mint function (mint(address,uint256)); check who holds the minting role and whether supply is capped. An administrative role is present (owner()); check whether it is held by a multisig, timelock, or governance contract. Sky has encouraged MKR holders to upgrade to SKY; check current migration status before relying on MKR governance rights. Contract facts on this page come from an on-chain bytecode and storage check on 2026-10-29. Roles and implementations can change, so recheck on the chain explorer.

How do I check if MKR is safe?

Run a Firepan Sentinel scan for a point-in-time token risk assessment. Read the individual findings, report timestamp, and unavailable checks. A scan is not a guarantee of safety.

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