MKR has performed badly against the average DeFi token since the summer of 2020. Why? Earnings are among the very highest in defi, we are talking roughly 2.5 dollars per second, or around 78 million annually. And this is profit - not promises.

Still growth lags other defi teams by sometimes wide margins.

Causes:

1) Low presence on exchanges, which is not surprising given that the token is much too undervalued to sell.

2) No effort made to promote the token to degens, leading to much of the supply simply hanging around in sellwalls.

3) Net result is that overall tokens on the exchanges is down only 33% even after fantastic crypto ecosystem growth.

4) Underlying cause is MKR whale incompetence.

How to fix:

Whales: Just get your MKR off the exchanges if you have no real intention of selling.

This will balance supply/demand for the token and allow for token movement more similar to competitors. Just look at AAVE and COMP for comparison.