Sky SKY
#62 by market valueSKY price, US dollars
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Track SKY free Set a price alertAbout 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. 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.
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.
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Description and links from CoinGecko - not checked or endorsed by us. Watch out for copycat coins with similar names.
Where SKY trades
| Exchange | Pair | Price | Traded 24 h | Trust | |
|---|---|---|---|---|---|
| Binance | SKY/USDT | $0.0646 | $1.83M | — | Trade ↗ |
| Bybit | SKY/USDT | $0.0647 | $649,781 | — | Trade ↗ |
| Toobit | SKY/USDT | $0.0646 | $598,530 | — | Trade ↗ |
| Phemex | SKY/USDT | $0.0645 | $472,859 | — | Trade ↗ |
| WhiteBIT | SKY/USDT | $0.0646 | $418,665 | — | Trade ↗ |
| CoinW | SKY/USDT | $0.0647 | $377,432 | — | Trade ↗ |
| Hotcoin | SKY/USDT | $0.0647 | $239,901 | — | Trade ↗ |
| Bitazza | SKY/USDT | $0.0652 | $224,303 | — | Trade ↗ |
| OKX | SKY/USDT | $0.0647 | $223,417 | — | Trade ↗ |
| Hibt | SKY/USDT | $0.0646 | $203,933 | — | Trade ↗ |
| XT.COM | SKY/USDT | $0.0647 | $181,460 | — | Trade ↗ |
| BitKan | SKY/USDT | $0.0647 | $159,128 | — | Trade ↗ |
| Kraken | SKY/USD | $0.0648 | $146,135 | — | Trade ↗ |
| DigiFinex | SKY/USDT | $0.0646 | $132,897 | — | Trade ↗ |
| Gate | SKY/USDT | $0.0647 | $132,254 | — | Trade ↗ |
The busiest markets CoinGecko lists, stale and unusual prices left out. We are not paid by any exchange - check an exchange is allowed where you live.
Coins of a similar size
| # | Coin | Price | 1 h | 24 h | 7 d | Market value | Traded 24 h | Supply | Last 7 days | Track |
|---|---|---|---|---|---|---|---|---|---|---|
| 61 | $0.9989 | ▼0.01% | ▼0.01% | ▼0.05% | $1.62B | $125.84M | 1.62B U | + Track | ||
| 63 | $2.14 | ▲0.13% | ▲5.84% | ▼12.96% | $1.51B | $20.47M | 703.04M MORPHO | + Track | ||
| 60 | $0.4386 | ▼0.22% | ▼1.41% | ▼17.74% | $1.63B | $233.91M | 3.72B WLD | + Track | ||
| 64 | $0.00000163 | ▲0.11% | ▲0.14% | ▼1.69% | $1.45B | $176.00M | 888.85T HTX | + Track | ||
| 59 | $0.0526 | ▼0.18% | ▼0.52% | ▼2.43% | $1.67B | $28.00M | 31.78B WLFI | + Track | ||
| 65 | $2.58 | ▼0.80% | ▼0.39% | ▼9.42% | $1.44B | $44.53M | 558.16M ICP | + Track | ||
| 58 | $0.5114 | ▼0.31% | ▼0.41% | ▼3.86% | $1.69B | $14.74M | 3.30B MNT | + Track | ||
| 66 | $0.9985 | ▲0.00% | ▼0.05% | ▲0.00% | $1.32B | $680,467 | 1.32B BFUSD | + Track |
Data from CoinGecko, read 03:02 UTC. This page is information, not financial advice. Crypto is high risk: you could lose everything you put in.