Sky Price Data
Sky (SKY)
currently has a price of
$0.086
and is
up
8.60%
over the last 24 hours. The cryptocurrency is ranked
62
with a market cap of
$2B.
Over the last 24 hours, it saw
$23M
of trading volume. The token has a circulating supply of
23.4B
tokens out of a total supply of
23.5B
tokens.
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 The token superseded MKR at a conversion of 1 : 24,000 and underpins Sky Protocol’s Cardano‑based L2 focused on data availability.
