Softwr

Cryptocurrency & Blockchain · head to head

MakerDAO vs Nansen

MakerDAO logo

MakerDAO

Cryptocurrency & Blockchain

The decentralized stablecoin protocol

From
Free
Rated
-
Full reviewWebsite
Nansen logo

Nansen

Cryptocurrency & Blockchain

Blockchain analytics for smart money

From
$150/month
Rated
-
Full reviewWebsite

The short version

  • Only MakerDAO has a free tier, so it costs nothing to try first.
  • Each has a real cost: MakerDAO makerDAO is governed as a decentralized autonomous organization by MKR token holder vote rather than a vendor, so it has no company-set price list, subscription tiers or sales contact; access and fees (stability fee, liquidation ratio) are set by on-chain governance vote rather than published as a product price; Nansen the vendor's own homepage as captured by the Internet Archive on 2021 offered a 7-day trial for $9, described as access to a blockchain analytics platform with wallet labels, dashboards and alerts; the full subscription price beyond the trial was not shown on this capture, only linked from a separate Pricing page
  • They diverge on capability: MakerDAO covers DAI Stablecoin, Nansen covers Wallet Labels.

Where they differ

Only the attributes on which MakerDAO and Nansen actually diverge.

Attributes where MakerDAO and Nansen differ
AttributeMakerDAONansen
Starting priceFree$150/month
Pricing modelfreesubscription
Free tierYesNo
Founded20152019

Identical on both: platforms (Web), user rating (Not yet rated), category (Cryptocurrency & Blockchain).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in MakerDAO

  • DAI Stablecoin
  • Vaults
  • Stability Fees
  • Liquidations
  • Governance
  • MKR Token
  • DAI
  • Spark Protocol

Only in Nansen

  • Wallet Labels
  • Smart Money Tracking
  • Token God Mode
  • NFT Paradise
  • DeFi Analytics
  • Multi-chain
  • API

Both cover

  • Web support

What people use each for

The jobs each tool is most often brought in to do.

MakerDAO

  • Definot Nansen
  • Stablecoinnot Nansen
  • Lendingnot Nansen

Nansen

  • Analyticsnot MakerDAO
  • On Chainnot MakerDAO
  • Researchnot MakerDAO

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

MakerDAO

  • MakerDAO is governed as a decentralized autonomous organization by MKR token holder vote rather than a vendor, so it has no company-set price list, subscription tiers or sales contact; access and fees (stability fee, liquidation ratio) are set by on-chain governance vote rather than published as a product price

Nansen

  • The vendor's own homepage as captured by the Internet Archive on 2021 offered a 7-day trial for $9, described as access to a blockchain analytics platform with wallet labels, dashboards and alerts; the full subscription price beyond the trial was not shown on this capture, only linked from a separate Pricing page

Pricing, plan by plan

MakerDAO

Free
  • FreeFree
    • DAI minting
    • Vaults
    • Governance

Nansen

$150/month
  • Pioneer$150/month
    • Smart Money
    • Token Flows
    • NFT analytics
  • Standard$750/month
    • All Pioneer features
    • API access
    • Advanced queries

Which should you pick?

Choose MakerDAO if

  • You need dai stablecoin.
  • You want to start without paying.
  • You also want vaults.
MakerDAO review

Choose Nansen if

  • You need wallet labels.
  • You also want smart money tracking.
Nansen review

Questions people ask

Is MakerDAO or Nansen better?
Neither clearly leads. MakerDAO starts at Free and Nansen at $150/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, MakerDAO or Nansen?
MakerDAO has a free tier; the other does not. Paid plans start at Free for MakerDAO and $150/month for Nansen.
Does MakerDAO or Nansen run on more platforms?
Both run on Web, so platform support will not decide this one for you.
Can I use MakerDAO for free?
Yes. MakerDAO has a free tier, so you can try it without paying. Nansen starts at $150/month.
What is MakerDAO best used for?
MakerDAO is most often used for defi, stablecoin, lending. Of those, defi and stablecoin are not what Nansen is typically brought in for.
What can MakerDAO do that Nansen cannot?
MakerDAO covers DAI Stablecoin, Vaults, Stability Fees, Liquidations. Nansen covers Wallet Labels, Smart Money Tracking, Token God Mode, NFT Paradise. Both handle Web support.
ShareXLinkedInRedditWhatsAppEmail

Related pages

More on MakerDAO

More on Nansen

Keep looking

Other head to heads