---
title: "Sky (SKY) price, heat score and market data"
symbol: "SKY"
name: "Sky"
coingecko_id: "sky"
canonical: https://crypheat.com/c/sky.html
robots: index, follow
heat_score: "27"
heat_band: "COOL"
market_cap_rank: "57"
price_as_of: "2026-08-14"
last_updated: "2026-08-14"
source: "CoinGecko / DefiLlama / alternative.me"
tier: free
disclaimer: "Information only; not investment advice or a recommendation to trade"
---

# Sky (SKY)

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.

Last updated 2026-08-14 · Price $0.053259 (as of 2026-08-14)

Heat score: **27** (COOL) — a deterministic 0–100 read on how many of the conditions for a move are in place. Not a price forecast.

## Market data (as of 2026-08-14)

| Metric | Value |
| --- | --- |
| Price | $0.053259 |
| Market cap | $1.2B (rank #57) |
| 24h volume | $5.1M |
| Circulating supply | 23,409,700,492 SKY (about 100% of total supply) |
| Total supply | 23,462,665,147 SKY |
| Change from all-time high | -47.0% |

## 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.

## 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.

---

Sources: CoinGecko (data provided by CoinGecko), DefiLlama and alternative.me. Figures are as of 2026-08-14 and change daily. Information only; not investment advice or a recommendation to trade.
HTML version: https://crypheat.com/c/sky.html