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Sky (SKY) Price

$0.05938-1.50% 24hRank #63

Sky price today

Sky (SKY) is trading at $0.05938, down 1.50% in the last 24 hours and down 9.56% over the past week. Over 30 days the price has moved -25.81%.

Sky has a market capitalization of $1.39B, ranking #63 among all cryptocurrencies. $8.45M worth of SKY traded on spot markets in the last day, plus $292.45K in perpetual futures on Hyperliquid. The price is 41.26% below its all-time high of $0.1009, set on Oct 5, 2026.

In the derivatives market, longs have been paying shorts over the past week (average funding 0.0014% per hour, 12.0% annualized), a sign that more traders are positioned long. Open interest stands at $2.44M.

SKY price chart

Oct 13, 2026Closing low $0.05939 · high $0.07662Today
Aug 14, 2026Closing low $0.05076 · high $0.09798Today
Nov 12, 2025Closing low $0.04172 · high $0.09798Today

SKY price performance

1h-0.06%
24h-1.50%
7d-9.56%
30d-25.81%
1y+6.75%
Sky price range (intraday low and high) by period
PeriodLowHigh
7 days$0.05903$0.06831
30 days$0.05903$0.07834
90 days$0.0506$0.1023
1 year$0.04039$0.1023

SKY market data

Market cap
$1.39B
Rank #63
Fully diluted
$1.39B
24h spot volume
$8.45M
0.61% of market cap
24h perp volume
$292.45K
Hyperliquid
24h high
$0.06165
24h low
$0.05906
Oracle price
$0.05942
Community sentiment
86% bullish
CoinGecko votes today

SKY futures & funding

Funding (1h)
0.0013%
11.0% annualized
7-day avg funding
0.0014%
Longs paying shorts
Open interest
$2.44M
0.18% of market cap
Max leverage
3x
Hourly funding, last 7 days — green when longs pay shorts, red when shorts pay longs.

Supply & price history

Circulating supply
23.42B
99.8% of max supply
Total supply
23.45B
Max supply
23.46B
Launched
—
All-time high
$0.1009
Oct 5, 2026 · -41.3%
All-time low
$0.03583
Feb 2, 2025

SKY to USD converter

SKY to USD

SKY to USD conversion
1 SKY$0.05938
5 SKY$0.2969
10 SKY$0.5938
50 SKY$2.969
100 SKY$5.9379
1,000 SKY$59.379

USD to SKY

USD to SKY conversion
$10168.4097 SKY
$50842.0485 SKY
$1001,684.1 SKY
$5008,420.49 SKY
$1,00016,840.97 SKY
$10,000168,409.71 SKY

At $0.05938 per SKY, updated every minute.

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.

  • Decentralized Finance (DeFi)
  • Stablecoin Issuer
  • Governance
  • Ethereum Ecosystem
  • Hydration Ecosystem

SKY contract addresses

  • Ethereum0x56072c95faa701256059aa122697b133aded9279

Always check a contract address against the project's official channels before sending tokens.

Sky FAQ

What is the price of Sky today?

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Sky (SKY) is trading at $0.05938, down 1.50% over the last 24 hours, with $292.45K of perpetual volume.

How much is 1 SKY worth in US dollars?

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1 SKY is worth $0.05938 right now, so $100 buys about 1,684.1 SKY. The price updates every minute on this page.

What is the market cap of Sky?

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Sky has a market capitalization of $1.39B, ranking #63 among cryptocurrencies. Its circulating supply is 23.42B SKY out of a maximum 23.46B.

What is the all-time high of Sky?

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Sky reached its all-time high of $0.1009 on Oct 5, 2026. It is currently -41.3% from that level.

How has Sky performed over the past year?

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Sky has moved +6.75% over the last 12 months, trading between $0.04039 and $0.1023.

What is the SKY funding rate?

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The current SKY perpetual funding rate is 0.0013% per hour, against a 7-day average of 0.0014%. A positive rate means longs pay shorts; a negative rate means shorts pay longs.

What is SKY open interest?

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Open interest in SKY perpetual futures on Hyperliquid is $2.44M — the total value of positions currently open.

How do I trade Sky on ChipaX?

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Open the SKY-PERP market on ChipaX, choose long or short, and set leverage up to 3x. You can also practise risk-free in demo trading mode before using real funds.

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Market data from Hyperliquid and CoinGecko, refreshed every minute. Nothing on this page is financial advice. Leveraged trading carries a high risk of loss.