HostMKR vs TBTC — price, size and safety, side by side
MKR (Ethereum) vs TBTC (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-09-27 / 2026-09-27.
MKR vs TBTC — normalized performance, 2026-09-27 to 2026-09-27T18:22:06
| MKR | TBTC | |
|---|---|---|
| Price | $1.71K | $83.41K |
| Market cap | — | $348.57M |
| 24h volume | $111.73K | $346.17K |
| Liquidity | $1.44M | $26.61M |
| FDV | $144.89M | $348.57M |
| Holders | 75,222 | 25,225 |
| Age (days) | — | 871 |
| Safety grade | D | B |
Where they differ
- TBTC measures ~19× the liquidity of MKR
- TBTC measures ~3.1× the 24h volume of MKR
- MKR measures ~3.0× the holder count of TBTC
What the data says
MKR
One thing stands out on MKR, and it's worth knowing up front. Right now MKR's contract keeps its mint and freeze levers (2026-09-27 snapshot), which keeps the option open for them to create new supply or freeze transfers. Until that changes, MKR stays around 49/100 — worth watching, and an easy win for the project if they remove it.
Here's where MKR stands today: deep liquidity of $1.44M and a holder base of 75,222 as of 2026-09-27. Read $1.44M of depth against the size you intend to trade rather than in isolation — it's the pool your exit has to pass through, so it doubles as a sensible position ceiling. 75,222 holders is a decent base; just remember the number alone doesn't reveal how much the top wallets control, so weigh it with the concentration figure. Reassuringly, the wallet that created MKR holds under 5% of supply (<0.01%) as of 2026-09-27 — the deployer hasn't kept an oversized stake to unload.
TBTC
tBTC is Threshold Network's trust-minimized wrapped Bitcoin — the decentralized-custody answer to WBTC, where a rotating set of node operators secures the BTC rather than a single custodian. The deployment 0x18084fba666a33d37592fa2633fd49a74dd93a88 is the v2 mint; our September 27, 2026 snapshot reads $26.6 million of tracked pool liquidity.
The honest contrast is the whole point of the asset: tBTC trades BitGo's institutional custody for a threshold-signature committee — no single company can lose or freeze the coins, but the security model is cryptographic-economic (operator collateral) rather than legal, which is a different risk shape, not a strictly smaller one. Its depth vs WBTC's billions is the market's honest verdict on how much that trade matters to people.
FAQ
Which is bigger, MKR or TBTC?
By tracked market cap: MKR (Ethereum) measures — and TBTC (Ethereum) measures $348.57M — dated snapshots, not a live feed.
Which is safer, MKR or TBTC?
On the contract checks we publish: MKR (Ethereum) grades D and TBTC (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have MKR and TBTC performed over the shared window?
Between 2026-09-27 and 2026-09-27T18:22:06, the measured snapshots show MKR at 0.00% and TBTC at 0.00%.
More comparisons
MKR vs TSLAXMKR vs TELZEN vs MKRATH vs MKRTBTC vs USD1TBTC vs GHOTBTC vs UNITBTC vs FRXUSD
The grade column is the one CMC's compare page cannot print — our grade is computed from the contract itself (mint/freeze authority, liquidity, holder concentration). Changes are measured over the shared window stated on the chart, 2026-09-27→2026-09-27T18:22:06; a token with fewer measured points measures a shorter span inside it.
Figures are dated on-chain snapshots, not a live feed. Safety grades are structural checks — not investment advice. Free · no signup · a NexFlow product.