Sky SKY
#60$0.0663+2.8% 24hMarket cap $1.5B24h volume $6.53M
Overview
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Best flexible rates
- Binance 1.3%
- Bybit 0.8%
- Gate 0.6%
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Active launchpools
No active launchpools with SKY right now
-
Next unlock
No scheduled unlocks
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Exchanges with this coin
WhiteBIT
Binance
Bybit
Gate
Bitget
OKXAbout Sky
- Market cap
- $1.5B
- #60 on the market
- Volume 24h
- $6.53M
- 0.4% of market cap
- Circulating
- 23.4B SKY
- 99.8% of max
- All-time high
- $0.101
- 5 Oct 2026 · −34.3% from ATH
- All-time low
- $0.0358
- 2 Feb 2025
- Type
- DeFi
- Decentralized Finance (DeFi)
- Ethereum Ecosystem
- Stablecoin Issuer
- Hydration Ecosystem
- +1
Website ↗ · Explorer ↗ · X ↗ · Whitepaper ↗
On Polarly: flexible rates up to 1.3% on 5 exchanges, fixed up to 4.0%
Project description
SKY is a governance token, which is like a digital voting share, for Sky Protocol. This system launched in 2024 as a rebrand and upgrade of the older Maker Protocol. Sky Protocol’s main value lies in giving users a simple, secure way to trade, save, and earn rewards without ever giving up control of their funds. It is built around a stablecoin called USDS, which is always worth one US dollar, but it is completely decentralized.
Read more
The protocol is run by automated agreements called smart contracts, so there’s no middleman controlling users' money. The system uses two main tokens: USDS for stable savings, and SKY for community governance. users can help secure the network and earn rewards by staking their SKY tokens in the Staking Engine, which is like locking them in an interest-bearing account to help the system run. The protocol also uses SkyLink to seamlessly connect users' funds across different blockchains for faster and cheaper transactions.
The Sky Protocol is unique because it has no single CEO or traditional core team of investors; instead, it is managed entirely by its global community of SKY token holders. This decentralized setup means that SKY is primarily used for two core utilities: it grants essential voting power to decide on all major system changes, and it can be staked in the Staking Engine to help secure the network and earn rewards. Staking also provides holders with the ability to borrow the USDS stablecoin, making SKY the essential key for both governance and income generation within the ecosystem.
Source: CoinGecko
Earn on SKY (11)
Flexible rates · 5
The effective rate for your amount is in the Polarly app's calculator. Partner link.
Open in the appQuestions and answers
- What is the best Earn rate for SKY?
- The best flexible rate is 1.3% on Binance: you can withdraw at any time.
- What is the fixed-term Earn rate for SKY?
- The highest is 4.0% on WhiteBIT, term 360 d; the funds are locked until the end of the term.
- Which exchanges let you stake SKY?
- 11 products on 6 exchanges: Binance, Bybit, Gate, Bitget, OKX, WhiteBIT.
- What is Sky (SKY)?
- SKY is a governance token, which is like a digital voting share, for Sky Protocol. This system launched in 2024 as a rebrand and upgrade of the older Maker Protocol. Categories: Decentralized Finance (DeFi), Ethereum Ecosystem, Stablecoin Issuer, Hydration Ecosystem, Governance.
- How many SKY are there and what is the maximum supply?
- 23.4B SKY are in circulation out of a maximum of 23.5B (99.8%).
- What is the all-time high price of SKY?
- $0.101 (5 Oct 2026). This is a historical value, not the current price. The price is now $0.0663, 34.3% below the high.
Launchpools with SKY
There have been no launchpools with SKY