Sky
SKY
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Sky price
in USD$0.06706
-$0.00059 (-0.88%)
USD
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Market cap
$1.57B
Circulating supply
23.38B / 23.46B
All-time high
$0.082
24h volume
$24.23M
About Sky
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Sky’s price performance
Past year
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3 months
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30 days
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7 days
-2.19%
$0.07
Sky in the news
Your look at what's coming in the week starting Sept. 15
Formerly MakerDAO, Sky joins Paxos, Frax, Agora and Native Markets in the fight for Hyperliquid’s stablecoin contract.
Sky on socials
Guides
Find out how to buy Sky
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Predict Sky’s prices
How much will Sky be worth over the next few years? Check out the community's thoughts and make your predictions.
View Sky’s price history
Track your Sky’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
Sky on OKX Learn
Sky SKY Price Predictions for 2026: Monthly Growth Insights and Market Trends
Introduction to Sky (SKY) Cryptocurrency and Its Market Position Sky (SKY) cryptocurrency has emerged as a prominent player in the blockchain ecosystem, gaining attention for its innovative features a
MKR to SKY Swap: Key Dates, Benefits, and What You Need to Know
Understanding the MKR to SKY Token Swap The MakerDAO ecosystem is undergoing a transformative rebranding of its MKR token to SKY. This transition is a key component of MakerDAO's broader 'Endgame' str
Sky USDS Repurchase: How Token Buybacks Are Boosting Investor Confidence and Liquidity
Introduction to Sky USDS Repurchase Sky USDS repurchase strategies have become a cornerstone of Sky’s approach to enhancing investor confidence and driving liquidity within the decentralized finance (
MakerDAO’s Rebranding to Sky Protocol: What You Need to Know About SKY and USDS
MakerDAO’s Rebranding to Sky Protocol: A New Era for DeFi MakerDAO, a trailblazer in the decentralized finance (DeFi) sector, is embarking on a transformative journey by rebranding to Sky Protocol . T
Diversify your portfolio with over 60 euro trading pairs available on OKX
Sky FAQ
Currently, one Sky is worth $0.06706. For answers and insight into Sky's price action, you're in the right place. Explore the latest Sky charts and trade responsibly with OKX.
Cryptocurrencies, such as Sky, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Sky have been created as well.
Check out our Sky price prediction page to forecast future prices and determine your price targets.
Dive deeper into Sky
SKY is the governance token of the Sky Ecosystem and the technical and functional evolution of MKR.
ESG Disclosure
ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Asset details
Name
OKCoin Europe Ltd
Relevant legal entity identifier
54930069NLWEIGLHXU42
Name of the crypto-asset
sky
Consensus Mechanism
The crypto-asset's Proof-of-Stake (PoS) consensus mechanism, introduced with The Merge in 2022, replaces mining with validator staking. Validators must stake at least 32 ETH every block a validator is randomly chosen to propose the next block. Once proposed the other validators verify the blocks integrity. The network operates on a slot and epoch system, where a new block is proposed every 12 seconds, and finalization occurs after two epochs (~12.8 minutes) using Casper-FFG. The Beacon Chain coordinates validators, while the fork-choice rule (LMD-GHOST) ensures the chain follows the heaviest accumulated validator votes. Validators earn rewards for proposing and verifying blocks, but face slashing for malicious behavior or inactivity. PoS aims to improve energy efficiency, security, and scalability, with future upgrades like Proto-Danksharding enhancing transaction efficiency.
Incentive Mechanisms and Applicable Fees
The crypto-asset's PoS system secures transactions through validator incentives and economic penalties. Validators stake at least 32 ETH and earn rewards for proposing blocks, attesting to valid ones, and participating in sync committees. Rewards are paid in newly issued ETH and transaction fees. Under EIP-1559, transaction fees consist of a base fee, which is burned to reduce supply, and an optional priority fee (tip) paid to validators. Validators face slashing if they act maliciously and incur penalties for inactivity. This system aims to increase security by aligning incentives while making the crypto-asset's fee structure more predictable and deflationary during high network activity.
Beginning of the period to which the disclosure relates
2024-09-28
End of the period to which the disclosure relates
2025-09-28
Energy report
Energy consumption
1545.97131 (kWh/a)
Energy consumption sources and methodologies
The energy consumption of this asset is aggregated across multiple components:
To determine the energy consumption of a token, the energy consumption of the network(s) ethereum is calculated first. For the energy consumption of the token, a fraction of the energy consumption of the network is attributed to the token, which is determined based on the activity of the crypto-asset within the network. When calculating the energy consumption, the Functionally Fungible Group Digital Token Identifier (FFG DTI) is used - if available - to determine all implementations of the asset in scope. The mappings are updated regularly, based on data of the Digital Token Identifier Foundation. The information regarding the hardware used and the number of participants in the network is based on assumptions that are verified with best effort using empirical data. In general, participants are assumed to be largely economically rational. As a precautionary principle, we make assumptions on the conservative side when in doubt, i.e. making higher estimates for the adverse impacts.
Market cap
$1.57B
Circulating supply
23.38B / 23.46B
All-time high
$0.082
24h volume
$24.23M