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Cryptocurrency profile · SKY

Sky

Sky

$0.0667 USD · 0.0667 USD

Market cap rank
59
Market cap
1,507,315,839
Circulating supply
23,424,468,363
Max supply
23,462,665,147

About Sky

SKY is a governance token for Sky Protocol, a decentralized finance platform that launched in 2024 as a rebrand and upgrade of the Maker Protocol. The protocol allows users to trade, save, and earn rewards without giving up control of their funds, using a stablecoin called USDS that is pegged to the US dollar. The system is run by smart contracts, eliminating the need for a middleman. SKY token holders govern the protocol by voting on system changes and can stake their tokens in the Staking Engine to earn rewards and borrow USDS. The protocol also uses SkyLink to connect funds across blockchains for faster transactions.

  • Sky Protocol is a rebrand and upgrade of the older Maker Protocol, launched in 2024.
  • The protocol uses a decentralized stablecoin called USDS, which is always worth one US dollar.
  • SKY tokens serve as governance votes, allowing holders to decide on all major system changes.
  • Staking SKY in the Staking Engine enables users to borrow the USDS stablecoin.
  • Sky Protocol has no single CEO or traditional core team; it is managed entirely by its global community of SKY token holders.

Local market

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Current comparison facts

ExchangeRates.Pro shows 5 eligible offer rows for Sky (SKY) in United States, quoted in USD for Buy transactions.

Displayed sample
5
Fetched range
–
Sources
ccxt

Method: only normally fresh, eligible offer rows visible in this table are counted. Prices and availability can change. Methodology

Mid-market rate 1 SKY = 0.0667 USD via ccxt · 27s ago Offers updated 26s ago
Exchange Price
Kraken Best rate CEX · 26s · Bank transfer · Wire Transfer · FedWire (Dart Bank) · Dart Bank 0.06656 USD Buy
Kraken CEX · 26s · Bank transfer · ACH Transfer · ACH (Plaid) · Plaid 0.06656 USD Buy
Kraken CEX · 26s · E-wallet · PayPal 0.06656 USD Buy
Kraken CEX · 26s · Bank transfer · SWIFT Transfer · SWIFT (Bank Frick) · Bank Frick 0.06656 USD Buy
Kraken CEX · 26s · Bank transfer · SWIFT Transfer · SWIFT (Customers Bank) · Customers Bank 0.06656 USD Buy

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