SKY is the governance and utility token of Sky Protocol—a revamped, MakerDAO‑successor DeFi platform that issues the USDS stablecoin. Holders steer protocol upgrades, stake to earn “Sky Token Rewards,” and supply liquidity for trading and savings products. The token superseded MKR at a conversion of 1 : 24,000 and underpins Sky Protocol’s Cardano‑based L2 focused on data availability.
The Japanese Yen (JPY) is the official currency of Japan and one of the most traded fiat currencies worldwide. Issued by the Bank of Japan (BOJ), the yen plays a crucial role in global finance, particularly in foreign exchange markets and international trade. As a safe-haven currency, JPY is often sought after during economic uncertainty. In the crypto world, JPY is used as a trading pair on some exchanges and has inspired stablecoins like JPY-backed digital assets.
The SKY to JPY conversion rate is the amount of JPY you can receive for each unit of SKY.
Based on the current rate, you could buy 0.1088 SKY for 1 JPY.
The price of SKY decreased by 10.90% in the last 7 days.
The circulating supply of SKY is 23,376,495,056.
SKY's all-time high is 15.15 JPY.