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Sky price

Sky PriceSKY

Listed
Buy
$0.08463USD
+1.45%1D
The Sky (SKY) price in is $0.08463 USD as of 03:52 (UTC) today.

Sky (SKY) will be listed in the Innovation and DeFi Zone. You can quickly sell or buy SKY. Spot Trading Link: SKY/USDT.

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Price Chart
Sky price USD live chart (SKY/USD)
Last updated as of 2025-07-21 03:52:16(UTC+0)

Live Sky Price Today in USD

The live Sky price today is $0.08463 USD, with a current market cap of $1.80B. The Sky price is up by 1.45% in the last 24 hours, and the 24-hour trading volume is $1.92M. The SKY/USD (Sky to USD) conversion rate is updated in real time.
How much is 1 Sky worth in ?
As of now, the Sky (SKY) price in is valued at $0.08463 USD. You can buy 1SKY for $0.08463 now, you can buy 118.16 SKY for $10 now. In the last 24 hours, the highest SKY to USD price is $0.08657 USD, and the lowest SKY to USD price is $0.08178 USD.

Do you think the price of Sky will rise or fall today?

Total votes:
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Voting data updates every 24 hours. It reflects community predictions on Sky's price trend and should not be considered investment advice.

Sky Market Info

Price performance (24H)
24H
24H low $0.0824H high $0.09
All-time high:
$0.1014
Price change (24H):
+1.45%
Price change (7D):
+0.04%
Price change (1Y):
+25.77%
Market ranking:
#58
Market cap:
$1,799,780,242.7
Fully diluted market cap:
$1,799,780,242.7
Volume (24h):
$1,922,397.22
Circulating supply:
21.27B SKY
Max supply:
--

About Sky (SKY)

What Is Sky?

Sky Protocol is a decentralized and permissionless financial infrastructure designed to support stablecoin transactions, governance, and decentralized finance (DeFi) services. Built as an evolution of MakerDAO, Sky Protocol introduces USDS, a new stablecoin, and SKY, an upgraded governance token, to enhance decentralization and scalability.

The protocol operates without intermediaries, allowing users to trade tokens, earn rewards, and participate in governance while maintaining full control over their assets. Sky Protocol is a non-custodial system, meaning users do not need to trust a third party to manage their funds.

Sky Protocol powers the Sky Ecosystem, which includes:

- USDS Stablecoin – A soft-pegged USD stablecoin backed by collateral.

- SKY Governance Token – A token for voting on protocol decisions.

- Sky Savings Rate (SSR) – A system that allows USDS holders to earn interest.

- Sky Token Rewards (STRs) – A rewards program for USDS stakers.

By leveraging smart contracts on Ethereum, Sky Protocol aims to create a transparent, decentralized financial system accessible to anyone.

How Sky Works

Sky Protocol functions as a stablecoin issuance and governance system, enabling users to generate, trade, and save stablecoins without centralized oversight. The ecosystem operates through a few key components:

1. Stablecoin System

- USDS is the core stablecoin of Sky Protocol, backed by collateralized assets and soft-pegged to the US dollar.

- Users can mint USDS by depositing accepted collateral assets into Sky Vaults, similar to how Dai was created in MakerDAO.

- USDS can be traded, staked, or held as a store of value.

2. Sky Vaults Collateralization

- Users generate USDS by locking collateral assets (such as ETH or tokenized real-world assets) in Sky Vaults.

- If the value of the collateral falls below a certain threshold, the protocol liquidates the position to ensure stability.

3. Sky Token Rewards (STRs) Sky Savings Rate (SSR)

- USDS holders can earn rewards by participating in the Sky Token Rewards program.

- The Sky Savings Rate (SSR) allows users to stake USDS and earn passive income.

- Unlike traditional banking, these rewards are distributed without intermediaries, relying on smart contracts to automate transactions.

4. Governance Decentralization

- Sky Protocol is governed by SKY token holders, who vote on risk parameters, collateral types, stability fees, and protocol upgrades.

- Decisions are made through a decentralized on-chain voting process, ensuring transparency and community control.

Sky Protocol integrates both crypto-native assets (ETH, USDT, USDC) and Real-World Assets (RWAs) as collateral, providing a bridge between DeFi and traditional finance.

What Is SKY Token?

The SKY token is the governance token of the Sky Protocol, replacing MakerDAO’s MKR token at a conversion rate of 1 MKR = 24,000 SKY. SKY allows holders to:

- Participate in Governance – Vote on protocol decisions, risk management, and feature upgrades.

- Trade for USDS Other Assets – SKY can be exchanged for USDS, ETH, or stablecoins in decentralized liquidity pools.

- Earn Rewards – SKY holders will soon be able to access Activation Token Rewards, offering additional benefits for governance participants.

SKY vs MKR: What’s Different?

- MKR was the governance token for MakerDAO, while SKY is the upgraded version for Sky Protocol.

- SKY tokens are designed to provide more decentralized control with expanded governance features.

- The rebrand reflects a move towards scalability, with independent subDAOs handling different parts of the ecosystem.

SKY tokens play a crucial role in the long-term sustainability of the protocol, incentivizing user participation while ensuring decentralized decision-making.

Sky Protocol vs. MakerDAO

Sky Protocol is essentially MakerDAO’s next evolution, addressing governance bottlenecks and expanding its financial ecosystem. While MakerDAO pioneered decentralized stablecoins with Dai (DAI) and a governance model centered on MKR holders, its decision-making process became slow and complex. Sky Protocol improves on this by introducing USDS (a revamped stablecoin) and SKY (a new governance token) while shifting governance to independent SubDAOs for faster, more efficient decision-making. It also moves beyond purely crypto-backed collateral by integrating tokenized real-world assets (RWAs) like real estate and bonds.

Conclusion

Sky Protocol takes what MakerDAO built and makes it faster, more scalable, and easier to govern. With USDS as the new stablecoin, SKY for governance, and real-world assets (RWAs) as collateral, it expands DeFi beyond just crypto. By introducing independent SubDAOs and AI-powered governance tools, Sky Protocol aims to keep things decentralized, efficient, and built for the future.

AI analysis report on Sky

Today's crypto market highlightsView report
Today's Sky price performance summaryView report

Sky Price History (USD)

The price of Sky is +25.77% over the last year. The highest price of SKY in USD in the last year was $0.1014 and the lowest price of SKY in USD in the last year was $0.03430.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+1.45%$0.08178$0.08657
7d+0.04%$0.06863$0.08657
30d+23.40%$0.06320$0.09511
90d+40.51%$0.04360$0.09511
1y+25.77%$0.03430$0.1014
All-time+13.66%$0.03430(2025-02-03, 168 days ago )$0.1014(2024-12-03, 230 days ago )
Sky price historical data (all time).

What is the highest price of Sky?

The SKY all-time high (ATH) USD was $0.1014 , recorded on 2024-12-03. Compared to the Sky ATH, the Sky current price is down by 16.56%.

What is the lowest price of Sky?

The SKY all-time low (ATL) USD was $0.03430 , recorded on 2025-02-03. Compared to the Sky ATL, the Sky current price is up by 146.76%.

Sky Price Prediction

When is a good time to buy SKY? Should I buy or sell SKY now?

When deciding whether to buy or sell SKY, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget SKY technical analysis can provide you with a reference for trading.
According to the SKY 4h technical analysis, the trading signal is Strong buy.
According to the SKY 1d technical analysis, the trading signal is Strong buy.
According to the SKY 1w technical analysis, the trading signal is Strong buy.

What will the price of SKY be in 2026?

Based on SKY's historical price performance prediction model, the price of SKY is projected to reach $0.08936 in 2026.

What will the price of SKY be in 2031?

In 2031, the SKY price is expected to change by +39.00%. By the end of 2031, the SKY price is projected to reach $0.2189, with a cumulative ROI of +161.60%.

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FAQ

What is the current price of Sky?

The live price of Sky is $0.08 per (SKY/USD) with a current market cap of $1,799,780,242.7 USD. Sky's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Sky's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Sky?

Over the last 24 hours, the trading volume of Sky is $1.92M.

What is the all-time high of Sky?

The all-time high of Sky is $0.1014. This all-time high is highest price for Sky since it was launched.

Can I buy Sky on Bitget?

Yes, Sky is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy sky guide.

Can I get a steady income from investing in Sky?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Sky with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Sky (SKY)?

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Cryptocurrency investments, including buying Sky online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Sky, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Sky purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

SKY/USD price calculator

SKY
USD
1 SKY = 0.08463 USD. The current price of converting 1 Sky (SKY) to USD is 0.08463. Rate is for reference only. Updated just now.
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SKY resources

Sky ratings
4.6
101 ratings

Tags

Store Of Value
Moremore
Contracts:
0x5607...DEd9279(Ethereum)
Links:

Bitget Insights

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Mario Nawfal
4h
🚨🇺🇸 U.S. CRACKS DOWN ON MEXICAN AIRLINES OVER DEAL VIOLATIONS The U.S. is tightening control on flights from Mexico, accusing it of breaking a 2015 aviation pact. Airlines from Mexico must now get advance approval to operate charters and submit flight schedules like it’s 1999. The DOT is also eyeing the Delta-Aeromexico alliance - and might pull its antitrust immunity if things don’t change. Mexico yanked airport slots and forced cargo carriers to shift operations over 30 miles away, which the U.S. says distorts fair competition. This isn’t just about runways - it’s about who gets to call the shots in the sky. Source: Euronews
SKY+0.64%
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RT @Rainmaker1973: After decades of trying, artist Cai Guoqiang finally lit his stunning “Sky Ladder”, a 500-meter firework ladder rising i…
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Kairos Research
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8h
Ethena's $ENA is up 47% over the last 7 days, but what is driving the rally? Aside from positive market tailwinds with crypto asset prices rising across the board, ENA's rally stands out for one key reason: Speculation on Fee-Switch Activation ENA is unique, where the fee switch parameters have already been established, but require certain thresholds to be met or exceeded for It to be formally activated, in which case sENA holders would be the fee recipients. These fees are primarily generated via 10 bip mint fees on USDe, but other protocol revenue streams exist as well. The parameters are: ✅ USDe circulating supply: $6.08bn (threshold: >$6bn) ✅ Cumulative protocol revenue: $431.31m (threshold: >$250m) ❌ CEX adoption: USDe CEX adoption: 3 (threshold: 4 of the top 5 CEX by derivatives volume) ✅ Reserve Fund ≥ 1% of USDe supply ❌ sUSDe APY spread vs benchmark: (threshold: 5.0-7.5%) While the last parameter is not yet within range, the current spreads for sUSDe vs other benchmarks are as follow: Spread vs AAVE USDC: 3.03% Spread vs T-Bill: 2.48% Spread vs sUSDS: 2.05% The avg 30d apy for sUSDe is 5.59% and the current apy is 9.74% at the time of writing. Additionally, the influx of staked sUSDe vs other key benchmarks like Maker/Sky's sUSDS signal that capital allocators expect the spread to widen in Ethena's favor, as seen in the chart below
USDC0.00%
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Dejjavu
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Can ESPORTS/USDT Reach $0.1 Soon? Let’s Talk About It Simply; ESPORTS/USDT is like the new kid in school that everyone is starting to notice. Right now, it’s trading around $0.07, and people are asking, “Can it grow to $0.1 before the month ends?” Let’s make this easy to understand. Imagine ESPORTS/USDT as a small plant. It’s just been planted on Bitget, and it needs water (buyers), sunlight (hype), and care (good project plans) to grow tall. If more people buy and hold the coin, the price will rise like a healthy plant reaching for the sky. So, is $0.1 possible? Yes, but a few things need to happen: 🌱 More Buyers Join – When more traders believe in the coin, they buy more and push up the price. 🔥 Positive News – If the team behind ESPORTS/USDT makes big moves in the gaming world, excitement can push the price higher. 📈 Good Market Conditions – If Bitcoin and other big coins are also rising, $ESPORTS USDT could ride the wave too. But remember, crypto is like a roller coaster. Prices can go up fast and drop even faster. Instead of just hoping for $0.1, it’s smart to watch how the market behaves and make a plan. If ESPORTS/USDT keeps growing its community and attracts strong interest, $0.1 isn’t too far. But don’t rush – think smart, stay patient, and only invest what you can afford to lose. 🧠✅
SOON+1.63%
HOLD-0.67%
Gareebo3
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🚀$CEC Sky Rocket 💰 🚀$CEC Ready to the Moon 🚀 🚀 $CEC Tp🎯 0.003300$+ $BTC $PI $T2T2 $VOXEL $CEC $MAI $BUBB $BLUM $MORE $H $WNZ $BAI $HYPER $CROSS $TALE
BTC+0.87%
TALE-2.64%

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