SKYMarket cap rank 57

Sky (SKY) price and heat score

$0.053259
24h +1.0% · 7d -3.6% · 30d -12.6%
27
Heat scoreCOOL▼ -3 vs yesterday
Decentralized Finance (DeFi)Ethereum EcosystemStablecoin IssuerHydration EcosystemGovernance

Sky (SKY) trades at $0.053259, down 12.6% over the past 30 days. Its market cap — supply times price — is $1.2B, the 57-largest in crypto. Over a year it is -35% (down), and it sits -47% from its all-time high. On tradability, the book is thin, so incoming money moves the price easily. Taken together, the overall heat score is 27 (COOL). A higher number means more of the conditions for a rally are in place — it is not a price forecast.

One-year chart (daily close; hover for the price)
Candlestick chart (about a year; green = up, red = down; hover for OHLC)
$0.0398$0.0524$0.0649$0.0775$0.090008/1202/1208/11
Each candle shows the open, high, low and close for its period.
Price
$0.053259
Market cap
$1.2B
FDV
$1.2B
24h volume
$5.1M
24h / 7d / 30d
+1.0% / -3.6% / -12.6%
From ATH
-47.0%
Circulating / total
100%

Profile What kind of asset is Sky?

A mechanical read on Sky (SKY) from market data — a first impression to start from, not a verdict.
Market size
Mid cap
A mid-cap asset around the top 200 (ranked #57)
Price swings
Narrow (24h range 1.7%)
A narrow daily range; relatively calm
Liquidity (24h volume)
Somewhat thin
Volume is on the small side, so inflows move the price easily
Dilution risk
Mostly done (100% circulating)
Nearly the entire supply cap is already circulating, so little dilution pressure remains
Long-term trend
Down over 1 year (-35%)
The direction on a longer time frame
A qualitative summary based on market data. This is not investment advice.

Overview What is 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. The protocol also uses SkyLink to seamlessly connect users' funds across different blockchains for faster and cheaper transactions.

The Sky Protocol is unique because it has no single CEO or traditional core team of investors; instead, it is managed entirely by its global community of SKY token holders. This decentralized setup means that SKY is primarily used for two core utilities: it grants essential voting power to decide on all major system changes, and it can be staked in the Staking Engine to help secure the network and earn rewards. Staking also provides holders with the ability to borrow the USDS stablecoin, making SKY the essential key for both governance and income generation within the ecosystem.

The description is based on public information from CoinGecko.This is information, not investment advice.

Price detail Price levels for Sky

Key price levels for Sky (SKY). Crypto is divisible, so you can buy well under a whole coin.
Current price
$0.053259
as of 2026-08-14
24h range
$0.052487 – $0.053389
Low to high over the past 24 hours
All-time high
$0.100535
The highest price on record (2024-12-04)
Distance from ATH
-47.0%
A new high would take about 1.9x the current price
All-time low
$0.0358273
The lowest price on record (2025-02-02)
Distance from ATL
+49%
Trading near its all-time low
Where it sits in today's range
Low $0Near the top of today's rangeHigh $0

Signals Catalysts currently in play (auto-extracted)

💤
Turnover is slow
24-hour volume equals 0.4% of market cap. Trading is quiet, so price moves are likely to stay contained.
🪫
Public repository is quiet
No public commits in the past four weeks (development may be happening in private). Worth confirming the project's continuity separately.
These signals are extracted automatically by deterministic rules from the data on this page — price, volume, unlocks, development activity and chain usage. They do not forecast prices, and they contain no social-media rumour or speculation.This is not investment advice.

Returns Performance by period

Returns over each period, so you can compare short-term momentum against the longer-term trend at a glance. Positive is a gain, negative a loss.
1 hour-0.3%24 hours+1.0%1 week-3.6%2 weeks-7.7%1 month-12.6%200 days-16.9%1 year-35.1%
1 hour
-0.3%
24 hours
+1.0%
1 week
-3.6%
2 weeks
-7.7%
1 month
-12.6%
200 days
-16.9%
1 year
-35.1%
Over the past 30 days it has run about 10 points behind Bitcoin (-2.2%), the market's benchmark. (SKY: -12.6%)
Past performance, which does not guarantee future results.

Supply Who controls the supply

Of the current total supply of 23,462,665,147 SKY, 100% is on the market today. The remaining 0% has been issued but is not circulating — locked, vesting, or held back.
Circulating 100%Issued but locked 0%

Project Project information and governance

Category & ecosystem
Decentralized Finance (DeFi) Ethereum Ecosystem Stablecoin Issuer Hydration Ecosystem Governance
Major venues
Binance, OKX, Bitget, Bybit, Toobit, Hibt, Coinbase Exchange, Kraken
External links point to each project's own official pages.We do not vouch for what those pages contain.

Heat score Heat factor breakdown

27
Heat scoreCOOLOverall heat score
How the overall score is built: market gate 42 (applied to everything) × geometric mean of the four factors 63 (momentum, liquidity, fundamentals and supply, multiplied together) → 27. It is not a simple average: a weak market holds the whole score down, and a single weak factor drags the rest with it.
Factor breakdown (0–100; higher means more conditions are in place)
Regime (market gate) gate
42
→ The market gate is neutral. Asset-specific factors decide this one.
Momentum
34
→ The recent price trend is down. Going against it needs a reason.
Liquidity (traded volume depth)
94
→ Volume is deep enough that a move is one you could actually participate in.
Fundamentals (TVL / market cap)
50
→ TVL is unremarkable relative to market cap.
Supply lightness
100
→ Most of the supply already circulates, so unlock pressure is light.
Development activity → No public code updates in the last four weeks. Development may have stalled, or it may be happening in private repositories.
Compare every asset in the heat score ranking →
Standard-score profile, compared against every asset on the site (50 is the mean). It shows where this asset sits in the population on each metric; higher is always the better direction.
Overall standard score
55.2 #556 of 4097 assets
Standard-score ranking →
Heat 58Momentum 46Volume depth 66Supply 56Dev 49ATH recovery 61Dilution 50Further out = higher standard score; the centre line is the mean of 50
Heat score
58
Momentum
46
Liquidity (traded volume depth)
66
Supply lightness
56
Development activity
49
Recovery toward ATH
61
Dilution lightness
50
A relative position within the assets covered here, not an absolute rating.

Related Structurally similar assets (shared categories)

Similarity computed from shared CoinGecko categories rather than an industry taxonomy. Assets in the same L1 ecosystem or with the same use case tend to share capital flows and market conditions.

FAQ Sky — frequently asked questions

What is Sky (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. Read more →
What is the current price of Sky (SKY)?
$0.053259 as of 2026-08-14. The price moves daily, and this page is rebuilt every day.
What is the market cap of Sky (SKY)?
About $1.2B as of 2026-08-14, which ranks #57 across all crypto assets.
What is Sky's heat score, and what does it mean?
The heat score is 27 (COOL) as of 2026-08-14. It is our own 0–100 measure of how many of the conditions a rally needs — momentum, tradable volume, light supply and a supportive market — are currently in place. It is not a price forecast. The model multiplies its factors, so a single missing condition holds the whole score down.
What is the supply of Sky (SKY)?
As of 2026-08-14, 23,409,700,492 SKY is in circulation out of a total supply of 23,462,665,147 SKY — about 100%. The remainder may reach the market through future unlocks.
What is the all-time high for Sky (SKY)?
The all-time high on record as of 2026-08-14 is $0.100535.The price is $0.053259 today, -47.0% from that high.
How much Sky (SKY) can I buy with $100?
At the 2026-08-14 price ($0.053259), $100 buys roughly 1,877.62 SKY before fees and spread. Crypto is divisible, so you do not need to buy a whole coin.
Will Sky (SKY) go up? What are its prospects?
We do not forecast prices or give investment advice. What this page does is track Sky every day through factual data — the heat score, supply structure, charts and development activity. Use it as material for your own judgement; the decision is yours.
Where can I buy or trade Sky (SKY)?
It trades on major crypto exchanges. Which venues you can use depends on where you live, so check what is licensed in your own jurisdiction. This is information, not a recommendation of any asset or exchange.
The prices, market caps and heat scores above are as of 2026-08-14 and change daily.This is information, not investment advice.

Machine-readable data: JSON

Updated 2026-08-14 · rebuilt daily
This site provides information based on public data. It is not investment advice or a solicitation to buy or sell. The heat score is a deterministic, relative indicator computed by a fixed formula; it does not predict future prices. Trading crypto assets involves risk, including price volatility. Make your own decisions.
Data provided by CoinGecko · TVL / fees / stablecoins: DefiLlama · Fear & Greed: alternative.me
Operated by InSync Inc.