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Sky

Sky

SKY
Rank #53
$0.070104
+1.42%
24h
L: $0.06838H: $0.070237
Buy SKY on Binance →Trade on Bybit →

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Market Cap
$1.63B
Volume 24h
$9.94M
Circulating Supply
23.23B
SKY
Max Supply
23.46B
SKY
All-Time High
$0.100535
-30.31% from ATH
All-Time Low
$0.035827

Price Performance

24 Hours+1.42%
7 Days-3.33%
30 Days-11.97%
1 Year-2.16%

About Sky

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.