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Maker logo

Maker Lending Rates: Compare Best (MKR) APY in Canada

Earn interest on Maker up to 12% APY. Compare rates and features on 8 Canadian platforms.

Last updated: January 11, 2026|Advertising disclosure in Canada

Maker Lending Guide for Canadians

How to lend Maker in Canada
Canadian Cryptocurrency Lending Guide

Calculate MKR APY

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Earn High Yields on Your Cryptocurrency with Nexo in Canada
  • Up to 18% APY on cryptocurrency and Canadian dollar investments.
  • Daily compounding APY.
  • No lock-up periods, withdraw anytime in Canada.

Similar Coins to Lend in Canada

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eCash (XEC)
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Supported Lending Platforms in Canada

YouHodler logo
YouHodler
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Aave
Gemini logo
Gemini
Kucoin logo
Kucoin

Newly Added Coins for Lending in Canada

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YouHodler

0.12% MKR

Frequently Asked Questions About Lending Maker (MKR) in Canada

What are the current lending rates for Maker (MKR)?
As of now, Maker (MKR) offers a total of four different lending rates, with an average rate of approximately 7.95%. The best lending rate available is on YouHodler, although specific percentage details are not provided here. It is essential to stay updated on these rates, as they can fluctuate frequently based on market conditions. For real-time comparisons and alerts, consider using Bitcompare's features to ensure you are informed about the best lending options available.
How can I find the best lending rates for Maker (MKR)?
To find the best lending rates for Maker (MKR), you can utilize platforms like Bitcompare, which offer real-time price comparisons and market analysis. Currently, Maker has a range of lending options available, with the best rate found on YouHodler. Since lending rates can change rapidly, it is beneficial to set up email rate alerts on Bitcompare to stay informed about any significant fluctuations and to ensure you are accessing the most favorable lending terms.
Are Maker (MKR) lending rates fixed or variable?
Maker (MKR) lending rates are typically variable, meaning they can change based on market conditions, demand, and available liquidity. Currently, the average lending rate is approximately 7.95%, but this can fluctuate over time. It is crucial for users to regularly check platforms like Bitcompare for the latest updates on lending rates and market sentiment analysis, ensuring they have the most accurate information when considering lending options.
What factors influence Maker (MKR) lending rates?
Maker (MKR) lending rates are influenced by several factors, including market demand for loans, overall cryptocurrency market trends, and the liquidity available within the Maker ecosystem. Additionally, changes in the broader economic environment and interest rates set by platforms can affect these rates. Regularly monitoring updates through resources like Bitcompare, which provides real-time price comparisons and market sentiment analysis, can help users stay informed about these influencing factors.
How do I begin lending Maker (MKR)?
To start lending Maker (MKR), you first need to create an account on a platform that supports MKR lending, such as YouHodler. After setting up your account, you can deposit your MKR tokens and choose your desired lending rate. Be sure to compare available rates on platforms like Bitcompare to find the best option. Additionally, consider setting up email rate alerts to stay updated on any changes in the lending landscape, ensuring you make informed decisions regarding your lending activities.

Latest Maker (MKR) Lending Rates in Canada

PlatformActionMax RateBase RateMin DepositLockupCA Access
GeminiGo to Platform0.01% APY———CA Available
YouHodlerGo to Platform12% APY———Not CA
KucoinGo to Platform3.37% APY———Check terms
AaveGo to Platform0.02% APY———Check terms

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Platform Safety Information

We evaluate each platform on 5 factors. Higher stars = lower risk.

PlatformRegulatory StatusProof of ReservesTrack RecordInsurance
GeminiUS (NYDFS, FinCEN)2024-12 (Big Four (SOC 2))Has issuesDigital asset insurance
How we gather this information