

SKALE (SKL) currently has a price of Rp65.32 and is down -2.61% over the last 24 hours. The cryptocurrency is ranked 745 with a market cap of Rp398B. Over the last 24 hours, it saw Rp137.6B of trading volume. The token has a circulating supply of 6.1B tokens out of a total supply of 6.4B tokens.
SKALE (SKL) is a cryptocurrency token that operates on the Ethereum blockchain. It serves as the native utility token for the SKALE Network, a decentralized, fully permissionless elastic blockchain network. SKALE Network aims to enhance scalability and performance for decentralized applications (dapps) by providing developers with the tools necessary to deploy and run dapps efficiently. The SKL token facilitates the operation of the network by enabling participants to stake, delegate, and access various network resources. As a highly scalable solution, SKALE aims to address the limitations faced by existing blockchain networks and foster wider adoption of decentralized technology.
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SKALE is an Ethereum-compatible network of elastic sidechains (called SKALE Chains) that dApp developers rent from a pool of node operators. Each SKALE Chain is a configurable, EVM-compatible sidechain with its own block production and validator subset
Developers subscribe to a SKALE Chain by locking SKL tokens. This subscription grants them a dedicated or shared chain with defined throughput. The developer effectively pays for compute capacity in aggregate, absorbing the gas cost on behalf of users.
“Elastic” refers to the ability to configure chain parameters: storage size, block time, gas limits, and validator set size. Chains can be resized dynamically within the network’s capacity. Multiple dApps can share a “Hub” chain (multi-app), or a single dApp can operate on a dedicated chain.
The key distinction is architecture philosophy. Arbitrum, Optimism, and zkSync are rollups: they post transaction data or proofs back to Ethereum L1, inheriting Ethereum’s security. SKALE chains are sidechains: they use their own validator set (secured by SKL staking), and do not post data to Ethereum L1 by default. This means SKALE chains have lower security guarantees than rollups but offer higher throughput and zero user-side gas. SKALE is better positioned for gaming and high-volume consumer apps that prioritize UX over maximal security.
SKL staking involves three roles: (1) Validators run nodes and stake SKL to join the network, subject to slashing for downtime or misbehavior; (2) Delegators stake SKL to validators and earn a share of validator rewards proportional to delegation; (3) the network distributes monthly rewards from a fixed inflation schedule. SKALE Chain operators pay in SKL for chain subscriptions, and those fees flow to validators and delegators.