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SKY · #56 by market cap
+0.38% 1h +5.00% 7d -15.49% 30d -22.01% 1y
Price data via CoinGecko API, refreshed every 60 seconds. Historical chart data daily-refreshed. See our methodology. Data & methodology reviewed by Maya Lin, Markets Editor · last editorial review Jun 2026.
At-a-glance summary generated from live market data. Figures update each refresh cycle; not investment advice.
Sky (SKY) is trading at $0.0545, +5.00%% over the past week and -15.49%% over the month, as of Jun 25, 2026. Below is the latest reporting and analysis on Sky from the DMC News desk.
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Indicators are for informational purposes only and do not constitute investment advice. Past performance does not guarantee future results.
Each candle is one week. The body spans the week's open and close (green when it closed higher, red when lower); the wick marks the weekly high and low. Data is real weekly OHLC from Binance (SKY/USDT), with weekly USD volume below.
Sky (SKY) is a stablecoin engineered to track $1.00, so a conventional appreciation forecast does not apply. The relevant question is peg stability: over the trailing year its price has held within a tight band (realised volatility ≈ 58.1%), and the model's expectation across 2026–2035 remains anchored at $1.00 under normal conditions, with transient depegs possible during market stress or reserve/redemption disruptions. Evaluate the collateral model, attestations and redemption mechanism rather than price targets.
Sky (SKY) trades at $0.0545, ranked #56 by market capitalisation. The tables below summarise its performance across timeframes and its core supply and valuation metrics.
| Period | Change |
|---|---|
| 1 hour | +0.4% |
| 24 hours | -2.3% |
| 7 days | +5.0% |
| 30 days | -15.5% |
| 90 days | -16.0% |
| 1 year | -22.0% |
| From all-time high | -45.8% |
| From all-time low | +52.2% |
| Market cap | $1.27B #56 |
| Fully diluted valuation | $1.40B |
| 24h trading volume | $9.34M |
| Volume / market cap | 0.7% |
| Market dominance | 0.06% |
| Circulating supply | 23.28B SKY 99% |
| Total supply | 23.46B SKY |
| Max supply | 23.46B SKY |
| All-time high | $0.1005 Dec 4, 2024 |
| All-time low | $0.0358 Feb 3, 2025 |
Sky (SKY) is a stablecoin designed to hold a value of roughly $1.00, giving traders and users a way to move in and out of crypto positions and settle payments without exposure to volatile price swings. Its usefulness depends on the quality of its reserves or collateral and the reliability of its redemption mechanism. As of June 2026, Sky is the #56 cryptocurrency by market capitalisation, trading near $0.0545.
The peg is maintained either by holding reserves (cash and short-term instruments) that back each token one-for-one, or by algorithmic and crypto-collateralised mechanisms that expand and contract supply. Arbitrageurs profit from buying below $1 and selling above it, which pulls the price back toward parity.
Sentiment votes are crowd-sourced and may not reflect actual price movements. Community and dev metrics indicate ecosystem health, not investment quality.
Calculations use historical end-of-day prices. Past performance is not indicative of future results. Cryptocurrency investments carry significant risk.
| # | Exchange | Pair | Price | |
|---|---|---|---|---|
| 1 | GroveX | SKY/USDT | $0.0545 | Trade ↗ |
| 2 | Binance | SKY/USDT | $0.0545 | Trade ↗ |
| 3 | BitMart | SKY/USDT | $0.0545 | Trade ↗ |
| 4 | CoinUp.io | SKY/USDT | $0.0546 | Trade ↗ |
| 5 | WhiteBIT | SKY/USDT | $0.0546 | Trade ↗ |
| 6 | Uniswap V2 (Ethereum) | 0XDC035D45D973E3EC169D2276DDAB16F1E407384F/0X56072C95FAA701256059AA122697B133ADED9279 | $0.0547 | Trade ↗ |
| 7 | Uniswap V4 (Ethereum) | 0X56072C95FAA701256059AA122697B133ADED9279/0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48 | $0.0548 | Trade ↗ |
| 8 | Bybit | SKY/USDT | $0.0546 | Trade ↗ |
| 9 | Phemex | SKY/USDT | $0.0547 | Trade ↗ |
| 10 | CoinW | SKY/USDT | $0.0545 | Trade ↗ |
Trust score reflects exchange liquidity, age, and order book depth (CoinGecko methodology). External links are not endorsements — always verify the exchange in your jurisdiction.
Live market data, refreshed continuously. Click any coin to view its full profile.
Each axis is scaled to the largest value across the compared coins (= 100). Larger polygons indicate higher overall metrics. "Stability" is the inverse of 30-day volatility.
Capped supply — no further issuance possible above 23,462,665,147 SKY.
At $0.0545, Sky (SKY) is currently well below its previous peak. That is 45.8% below the record high of $0.1005, and roughly 52% above the all-time low of $0.0358.
Momentum-wise, SKY has fallen sharply over the past month (+5.00% (7d), -15.49% (30d), -22.01% (1y)). With 24-hour volume at 0.7% of market cap, turnover is relatively thin, so larger orders can move the price more easily. Crypto prices are highly volatile; these readings describe recent history, not a forecast.
As a stablecoin, SKY is designed to track the US dollar, so its price should stay near $1.00. What matters is not appreciation but peg stability, the quality and transparency of reserves, and total supply — supply growth signals rising demand for on-chain dollar liquidity.
Because the supply of Sky is hard-capped at 23,462,665,147 SKY, the scarcity narrative — fewer new tokens entering circulation over time — is a core part of its investment thesis.
Like nearly all crypto assets, SKY also trades with a strong correlation to Bitcoin and to overall risk appetite. Macro liquidity, US-dollar strength, interest-rate expectations, regulatory headlines and new exchange listings can all move the price independently of project fundamentals.
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. 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.
Sky (SKY) is a cryptocurrency listed on global exchanges and tracked across major data providers. It currently ranks #56 among all cryptocurrencies by total market value. It belongs to the Decentralized Finance (DeFi) and Ethereum Ecosystem category. Live price, market cap, trading volume, and historical performance are displayed on this page and refreshed continuously.
Sky is a decentralised cryptocurrency with transactions recorded on a public blockchain. The exact consensus mechanism and economic policy are defined in the protocol underlying codebase — refer to the project website for technical details.
There are currently 23,284,189,514 SKY in circulation out of a maximum supply of 23,462,665,147, meaning approximately 99.2% of the total SKY that will ever exist has been issued. New tokens enter circulation through the protocol's pre-defined emission schedule.
Sky reached an all-time high of $0.1005 on December 4, 2024. Currently the price sits 45.8% below this peak. All-time highs are useful benchmarks for assessing the asset's historical price range, but past performance does not predict future results.
Sky (SKY) is traded on most major cryptocurrency exchanges, including Binance, Coinbase, Kraken, OKX, Bybit, and Bitstamp. Availability depends on your jurisdiction and the exchange's listings. After purchase, many users transfer their SKY to a self-custody wallet for long-term storage. This information is educational and does not constitute investment advice.
Cryptocurrencies, including Sky, are highly volatile and carry significant risk of loss. Over the past year, SKY has lost approximately 22% of its value. Whether Sky is appropriate for a given portfolio depends on the investor's individual risk tolerance, time horizon, and financial situation. Always research the project's fundamentals, understand the risks, and only allocate capital you can afford to lose. This page provides market data only, not personalised investment advice. Consider consulting a licensed financial advisor before making investment decisions.
Bitcoin (BTC) was the first cryptocurrency, designed primarily as a digital store of value and peer-to-peer payment network with a fixed supply of 21 million coins. Sky (SKY) focuses on decentralized finance (defi) use cases, with a different technical design, supply schedule, and ecosystem. Bitcoin derives its value primarily from scarcity, security, and brand recognition, while Sky's value is tied to adoption within its specific use case and underlying network effects.
Sky (SKY) has a market capitalisation of approximately $1.27B, which ranks it #56 among all cryptocurrencies. Market cap is calculated as the circulating supply multiplied by the current price and is the most common way to compare the relative size of cryptocurrencies. It updates continuously as the price moves.
The price of Sky (SKY) is set continuously by supply and demand across global exchanges. The main factors are its circulating and maximum supply, trading volume and liquidity, overall crypto-market sentiment, its correlation with Bitcoin, regulatory developments, and real adoption of the underlying network. Because the market trades 24 hours a day, the price can change at any moment.
No one can reliably predict the future price of Sky or any cryptocurrency. Where sufficient history is available, this page shows a model-based forecast range derived from historical volatility and trend — it should be read as a scenario illustration, not a target or a promise. Crypto prices are highly volatile and shaped by events no model can foresee, so always do your own research and never invest more than you can afford to lose.
"Safe" depends on two separate things: how you hold Sky (SKY), and price risk. For custody, use reputable exchanges and consider a self-custody hardware wallet for larger amounts, and never share your private keys or seed phrase. For price, every cryptocurrency is volatile and can lose value quickly, so only commit capital you can afford to lose. Being listed on major exchanges is not an endorsement or a guarantee against loss.
Whether Sky can be staked depends on its consensus mechanism. Proof-of-Stake networks let holders lock SKY — by running a validator or delegating to one — to help secure the network and earn rewards. Check Sky's underlying technology first, use only reputable providers, and be aware that staked funds can face lock-up periods and, on some networks, slashing penalties.