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Sky price

Sky price

SKY
USD
Listed
Buy
$0.07853USD
-2.28%1D
The price of Sky (SKY) in United States Dollar is $0.07853 USD.
Sky/USD live price chart (SKY/USD)
Last updated as of 2026-10-09 08:19:00（UTC+0）
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Sky market info

Price performance (24h)
24h
24h low $0.0724h high $0.08
All-time high (ATH):
$0.1014
Price change (24h):
-2.28%
Price change (7D):
-8.65%
Price change (1Y):
+13.81%
Market ranking:
#47
Market cap:
$1,839,538,795.1
Fully diluted market cap:
$1,839,538,795.1
Volume (24h):
$28,587,830.87
Circulating supply:
23.43B SKY
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Live Sky price today in USD

The live Sky price today is $0.07853 USD, with a current market cap of $1.84B. The Sky price is down by 2.28% in the last 24 hours, and the 24-hour trading volume is $28.59M. The SKY/USD (Sky to USD) conversion rate is updated in real time.
How much is 1 Sky worth in United States Dollar？
As of now, the Sky (SKY) price in United States Dollar is valued at $0.07853 USD. You can buy 1SKY for $0.07853 now, you can buy 127.34 SKY for $10 now. In the last 24 hours, the highest SKY to USD price is $0.08007 USD, and the lowest SKY to USD price is $0.07391 USD.

Do you think the price of Sky will rise or fall today?

Total votes:
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Voting data updates every 24 hours. It reflects community predictions on Sky's price trend and should not be considered investment advice.

Now that you know the price of Sky today, here's what else you can explore:

How to buy Sky (SKY)?How to sell Sky (SKY)?What is Sky (SKY)What would have happened if you had bought Sky (SKY)?What is the Sky (SKY) price prediction for this year, 2030, and 2050?Where can I download Sky (SKY) historical price data?What are the prices of similar cryptocurrencies today？

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The following information is included:Sky price prediction, Sky project introduction, development history, and more. Keep reading to gain a deeper understanding of Sky.

Sky price prediction

When is a good time to buy SKY? Should I buy or sell SKY now?

When deciding whether to buy or sell SKY, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget SKY technical analysis can provide you with a reference for trading.
According to the SKY 4h technical analysis, the trading signal is Sell.
According to the SKY 1d technical analysis, the trading signal is Buy.
According to the SKY 1w technical analysis, the trading signal is Strong buy.

What will the price of SKY be in 2027?

In 2027, based on a +5% annual growth rate forecast, the price of Sky(SKY) is expected to reach $0.08265; based on the predicted price for this year, the cumulative return on investment of investing and holding Sky until the end of 2027 will reach +5%. For more details, check out the Sky price predictions for 2026, 2027, 2030-2050.

What will the price of SKY be in 2030?

In 2030, based on a +5% annual growth rate forecast, the price of Sky(SKY) is expected to reach $0.09568; based on the predicted price for this year, the cumulative return on investment of investing and holding Sky until the end of 2030 will reach 21.55%. For more details, check out the Sky price predictions for 2026, 2027, 2030-2050.
Buy SKY

About Sky (SKY)

What Is Sky?

Sky Protocol is a decentralized and permissionless financial infrastructure designed to support stablecoin transactions, governance, and decentralized finance (DeFi) services. Built as an evolution of MakerDAO, Sky Protocol introduces USDS, a new stablecoin, and SKY, an upgraded governance token, to enhance decentralization and scalability.

The protocol operates without intermediaries, allowing users to trade tokens, earn rewards, and participate in governance while maintaining full control over their assets. Sky Protocol is a non-custodial system, meaning users do not need to trust a third party to manage their funds.

Sky Protocol powers the Sky Ecosystem, which includes:

- USDS Stablecoin – A soft-pegged USD stablecoin backed by collateral.

- SKY Governance Token – A token for voting on protocol decisions.

- Sky Savings Rate (SSR) – A system that allows USDS holders to earn interest.

- Sky Token Rewards (STRs) – A rewards program for USDS stakers.

By leveraging smart contracts on Ethereum, Sky Protocol aims to create a transparent, decentralized financial system accessible to anyone.

How Sky Works

Sky Protocol functions as a stablecoin issuance and governance system, enabling users to generate, trade, and save stablecoins without centralized oversight. The ecosystem operates through a few key components:

1. Stablecoin System

- USDS is the core stablecoin of Sky Protocol, backed by collateralized assets and soft-pegged to the US dollar.

- Users can mint USDS by depositing accepted collateral assets into Sky Vaults, similar to how Dai was created in MakerDAO.

- USDS can be traded, staked, or held as a store of value.

2. Sky Vaults Collateralization

- Users generate USDS by locking collateral assets (such as ETH or tokenized real-world assets) in Sky Vaults.

- If the value of the collateral falls below a certain threshold, the protocol liquidates the position to ensure stability.

3. Sky Token Rewards (STRs) Sky Savings Rate (SSR)

- USDS holders can earn rewards by participating in the Sky Token Rewards program.

- The Sky Savings Rate (SSR) allows users to stake USDS and earn passive income.

- Unlike traditional banking, these rewards are distributed without intermediaries, relying on smart contracts to automate transactions.

4. Governance Decentralization

- Sky Protocol is governed by SKY token holders, who vote on risk parameters, collateral types, stability fees, and protocol upgrades.

- Decisions are made through a decentralized on-chain voting process, ensuring transparency and community control.

Sky Protocol integrates both crypto-native assets (ETH, USDT, USDC) and Real-World Assets (RWAs) as collateral, providing a bridge between DeFi and traditional finance.

What Is SKY Token?

The SKY token is the governance token of the Sky Protocol, replacing MakerDAO’s MKR token at a conversion rate of 1 MKR = 24,000 SKY. SKY allows holders to:

- Participate in Governance – Vote on protocol decisions, risk management, and feature upgrades.

- Trade for USDS Other Assets – SKY can be exchanged for USDS, ETH, or stablecoins in decentralized liquidity pools.

- Earn Rewards – SKY holders will soon be able to access Activation Token Rewards, offering additional benefits for governance participants.

SKY vs MKR: What’s Different?

- MKR was the governance token for MakerDAO, while SKY is the upgraded version for Sky Protocol.

- SKY tokens are designed to provide more decentralized control with expanded governance features.

- The rebrand reflects a move towards scalability, with independent subDAOs handling different parts of the ecosystem.

SKY tokens play a crucial role in the long-term sustainability of the protocol, incentivizing user participation while ensuring decentralized decision-making.

Sky Protocol vs. MakerDAO

Sky Protocol is essentially MakerDAO’s next evolution, addressing governance bottlenecks and expanding its financial ecosystem. While MakerDAO pioneered decentralized stablecoins with Dai (DAI) and a governance model centered on MKR holders, its decision-making process became slow and complex. Sky Protocol improves on this by introducing USDS (a revamped stablecoin) and SKY (a new governance token) while shifting governance to independent SubDAOs for faster, more efficient decision-making. It also moves beyond purely crypto-backed collateral by integrating tokenized real-world assets (RWAs) like real estate and bonds.

Conclusion

Sky Protocol takes what MakerDAO built and makes it faster, more scalable, and easier to govern. With USDS as the new stablecoin, SKY for governance, and real-world assets (RWAs) as collateral, it expands DeFi beyond just crypto. By introducing independent SubDAOs and AI-powered governance tools, Sky Protocol aims to keep things decentralized, efficient, and built for the future.

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Latest Sky news

Moody’s gives Sky Protocol B3 rating as institutional interest in USDS grows

The Block•2026-10-07 17:24

U.S. Stock Market Moves: Champion Homes Drops Sharply on October 7 due to Profit Pressure, Weak Sales, and Cautious Ratings

Bitget异动解读•2026-10-07 17:00

Champion Homes agrees to buy Timberline Homes assets, adding nine Southeast retail sites

Bitget•2026-10-05 20:15

Stablecoin Development Corp completes private placement worth about USD 134 million

Bitget•2026-10-05 12:14

4 Altcoins Post Double-Digit Gains as Most Crypto Bleed Into Early October

BeInCrypto•2026-10-03 10:12

Why Is SKY Up 15%? S&P Rating, Galaxy’s $100M Bet, and Singapore

Coinsprobe•2026-10-02 11:33

CHAMPION HOMES INC <SKY.N>: OPPENHEIMER INITIATES COVERAGE WITH PERFORM RATING

Reuters•2026-09-30 12:35

Which Top RWA Tokens Have the Most Real-World Use in 2026?

Coinedition•2026-09-26 05:57

Champion Homes showcases offsite-built homes at HUD Innovative Housing Showcase in Washington

Bitget•2026-09-22 20:10

All about SKY’s price rally and if $569M in TVL growth will overshadow spot selling

AMBCrypto•2026-09-19 12:03
See more

You can trade SKY on Bitget

  • #
  • Pair
  • Type
  • Price
  • 24h volume
  • Action
  • 1
  • SKY/USDT
  • Spot
  • 0.07868
  • $358.95K
  • Trade
    • View the Sky futures trading guide for more insights on Sky futures and related data.

    Where is the best place to buy crypto like Sky (SKY)?

    Trading statisticsBitget
    Spot trading fee (maker)As low as 0%
    Spot trading fee (taker)As low as 0.03% (0.024% with BGB)
    Futures trading fee (maker)As low as 0%
    Futures trading fee (taker)As low as 0.02%
    Max leverage (futures)125x
    Fiat trading fee0%
    Supported rTokens600+
    Copy trading assets600+
    Protection fund value$300M+
    100% Proof of ReservesReserve ratio > 100% (verified by Merkle tree)
    Global users120M+
    Daily trading volume$20B+

    Bitget Insights

    Sadiiii
    Sadiiii
    5h
    $GRVT Sky [$SKY] had one of the most notable declines in the past day. The asset has since plunged by 12% at press time, as bearish pressure continues to kick in, forcing the price lower. Market analysis indicates that further decline isn’t off the table and that investors need to be more wary, as capital flow and losses recorded in the past day still carry a major risk of further decline. Whale activity drives $SKY’s latest decline Whales, traders who control large amounts of capital in an asset, have been the major influencing factor behind $SKY’s recent performance. The Whale Retail Delta, a tool used to track which cohort of the market is dominating, confirmed the presence of whales in the market. The Whale Retail Delta has a reading of 0.288 as of writing, a surge from its previous day’s level, confirming that whale activity in the market increased over this period. Whale activity is already affecting the market, with a large disparity between the losses recorded by long and short traders over the past 24 hours. Long traders lost around $63,000, while short traders in the market lost a meagre $84 within the same period. This represents roughly 750 times more losses recorded by longs than shorts over the same period, suggesting the scale of whale involvement in the market and how much it can impact price dynamics. Derivatives data points to further downside The perpetual market has provided the clearest indication that a potential decline could be ahead for $SKY in the coming trading sessions. This comes as the Funding Rate turns negative, reading -0.0008% at the time of writing. Notably, the Funding Rate began declining from 0.0079% in the early hours of the 8th of October to its present level. When there is a notable decline in the Funding Rate, it confirms that selling began in the early hours of the day. This has also been followed by a contraction in the capital base of the perpetual market. Open Interest, which calculates the amount of capital in the perpetual contracts of an asset, has declined by 13% to roughly $51 million. Whales are already affecting the market, driving a large disparity between the losses recorded by long and short traders over the past 24 hours.
    GRVT+0.17%
    SKY+3.11%
    Sadiiii
    Sadiiii
    16h
    $GRVT On October 7, 2026, Moody’s Ratings scored Sky Protocol a B3 issuer rating with a stable outlook.  This happens to be the first-ever rating the agency has assigned to a stablecoin protocol. This is an important move to institutional investors who may be sitting on the fence as regards USDS, because it gives the dollar stablecoin issuer a score from a second major agency. The only protocol scored by two major agencies Sky announced that the B3 score by Moody’s means it’s the only stablecoin protocol rated by Moody’s and S&P Global. The B3 grade is on par with the “B-“that S&P scored Sky in August 2025. B3 is a non-investment-grade mark.   The protocol saw the rating as a pat on the back rather than a warning about any future occurrence.  Greg Feibus, who serves as the Global Head of Capital Markets at the firm, stated that “The value of independent credit ratings is that they allow institutional investors to assess Sky through frameworks they already use across global markets.”  He opined that Sky attaining multiple assessments only serves to strengthen Sky’s credit profile in the eyes of institutional investors.   What S&P flagged a year prior The latest rating by Moody’s comes with some familiar narratives. S&P rated Sky a B- in August last year, and when it did so, it noted Sky’s high depositor concentration, highly centralized governance, and weak risk-adjusted capitalization.  In fact, Sky’s founder, Rune Christensen, had up to 9% of the protocol’s governance tokens, which S&P felt gave him enormous influence over Sky’s future, especially with extremely low voter turnout.  Also, Sky’s 0.4% risk-adjusted capital ratio and thin surplus buffer were flagged by S&P as a “noteworthy weakness,” and predicted an upgrade wasn’t realistic in the next 12 months.  Reports framed the grade in blunter terms: a B- rating makes USDS and DAI somewhat on the same level as government bonds from the Democratic Republic of the Congo. Any debt with a rating below BBB- is pretty much high-yield or junk. Why institutions are interested anyway The ratings come at a good time; they come as institutional investors strengthen their bond with Sky.  Galaxy Digital saw that $100 million of sUSDS (the savings version of USDS) was added to its corporate treasury. It went on to approve USDS as collateral throughout its institutional lending desk and purchased an unknown amount of the SKY governance token. All of this happened in late September. Feibus linked the interest from Galaxy to the S&P rating from 2025. Standard Chartered’s projection for Sky’s USDS is a favorable one, with the bank predicting 5x returns for token holders by 2028.  The reserve problem Sky is looking to fix Sky seems to have a challenge with its reserves, as both Moody’s and S&P noted in their scorecards. The protocol seems to be taking action; however.  In March of this year, there was a vote by the governing cooperative of the protocol to slash its daily buyback program by 87% and to redistribute funds towards its backstop buffer. It remains to be seen if such a move will move the needle with both agencies. S&P plans to increase Sky’s rating if it sees improvement in governance concentration, thin capital, and depositor concentration. Until then, we wait. If you're reading this, you’re already ahead. Stay there with our newsletter.
    GRVT+0.17%
    SKY+3.11%
    ZaheerAhmed-88SGTT
    ZaheerAhmed-88SGTT
    2d
    $SKY Good parfomance Buy and Hold Big pump coming soon 🚀🚀🚀
    SKY+3.11%
    CryptoPatel
    CryptoPatel
    3d
    Where Did $MKR Go? Maker Is Now $SKY, and Most Holders Don't Know It If you search for the MKR price today, you'll find a token trading below $0.10 instead of $2,000+. Did Maker crash 99.99%? No. Maker ($MKR) has been rebranded and redenominated as Sky ($SKY). Here is what changed and why it matters. What Is the MKR to SKY Rebrand? In August 2024, MakerDAO, the protocol behind the DAI stablecoin, rebranded as Sky Protocol. Its governance token $MKR was upgraded to $SKY, which is now the only governance token of the Sky ecosystem. The stablecoin was upgraded as well, with DAI converting to USDS at a 1:1 ratio. 1 MKR = 24,000 SKY: The Ratio That Explains Everything: Every MKR converts into 24,000 SKY tokens. This is a redenomination, the same way a company stock split works. Holders receive more units, each unit is worth less, and the total value stays the same. SKY price $0.093 × 24,000 = $2,232 per MKR-equivalent So SKY at $0.093 is effectively MKR at $2,232. That's why the price looks dramatically lower. No value was lost in the conversion. Supply Check: The Numbers Add Up About 977K MKR × 24,000 = about 23.4 billion SKY SKY's total supply of roughly 23.46B matches this calculation. The market cap carried over directly from MKR to SKY. How to Calculate the Real SKY Price in MKR Terms: To compare today's SKY price with historical MKR charts, multiply by 24,000: SKY at $0.093 = about $2,232 MKR-equivalent SKY ATH at $0.1014 = about $2,434 MKR-equivalent SKY is currently trading only about 8% below its ATH. In MKR terms, that puts it back above the $2,200 level. Still Holding MKR? Read This Before You Upgrade: The full-value upgrade window closed in September 2025. If you still hold MKR in a self-custody wallet, late upgrades now carry a delayed-upgrade penalty that increases every quarter. The longer you wait, the less SKY you receive. If your MKR was held on an exchange, most platforms converted balances automatically, so check your SKY balance. Use only the official Sky upgrade portal. Fake migration sites target confused MKR holders. Myth vs Reality: "SKY Is Under $0.10, It Can 100x" This is the most common mistake retail investors make with SKY. A $0.093 price does not mean the token is undervalued. SKY's market cap is about $2.17B, and that number is what determines its potential. A 100x from here would mean a $217B market cap, larger than most of the crypto market. Always value tokens by market cap, not by price per token. Key Takeaways: ➤ MKR is now SKY, and Maker is now Sky Protocol ➤ 1 MKR = 24,000 SKY, which is a redenomination and not a crash ➤ SKY at $0.093 equals about $2,232 per MKR ➤ SKY is trading about 8% below its ATH of $0.1014 ➤ DAI has been upgraded to USDS at a 1:1 ratio ➤ Late MKR upgrades lose value to a quarterly-growing penalty ➤ Use only the official Sky portal to upgrade Note: Don't fall for the biggest myth that $SKY is "cheap" compared to $MKR: at $0.093, SKY equals $2,232 per MKR (1 MKR = 24,000 SKY), which puts it about 10,500% above MKR's 2017 low of $21. DYOR | Not Financial Advice
    SKY+3.11%
    USDS0.00%

    SKY/USD price calculator

    SKY
    USD
    1 SKY = 0.07853 USD. The current price of converting 1 Sky (SKY) to USD is 0.07853. This rate is for reference only.
    Bitget offers the lowest transaction fees among all major trading platforms. The higher your VIP level, the more favorable the rates.

    SKY resources

    Sky rating
    4.6
    103 ratings

    Tags：

    Store Of Value
    Moremore
    Contracts:
    0x5607...DEd9279(Ethereum)
    Links:

    What can you do with cryptos like Sky (SKY)？

    Deposit easily and withdraw quicklyBuy to grow, sell to profitTrade spot for arbitrageTrade futures for high risk and high returnEarn passive income with stable interest ratesTransfer assets with your Web3 wallet

    How do I buy Sky?

    Learn how to get your first Sky in minutes.

    1. Create a free Bitget account.

    2. Select a funding method.

    3. Buy your target crypto.

    Buy now!See the tutorial

    How do I sell Sky?

    Learn how to cash out your Sky in minutes.

    1. Create a free Bitget account.

    2. Deposit crypto into your Bitget account.

    3. Exchange your assets for fiat on the P2P market or for USDT on the spot market.

    Sell now!See the tutorial

    What is Sky and how does Sky work?

    Sky is a popular cryptocurrency. As a peer-to-peer decentralized currency, anyone can store, send, and receive Sky without the need for centralized authority like banks, financial institutions, or other intermediaries.
    See more

    Global Sky prices

    How much is Sky worth right now in other currencies? Last updated: 2026-10-09 08:19:00（UTC+0）
    SKY to ARSARS$119.09SKY to CNY¥0.53SKY to RUB₽6.68SKY to USD$0.08SKY to EUR€0.07SKY to CADC$0.11SKY to PKR₨21.68SKY to SARر.س0.3SKY to INR₹7.6SKY to GBP£0.06SKY to BRLR$0.39

    FAQ

    How do I check and track the last price of Sky (SKY) on Bitget?

    Checking and tracking the last price of Sky (SKY) on Bitget is easy. Here are the main ways to access real-time price and market depth data:

    1. Visit the Bitget crypto price page (the most direct way): You can search for it or go directly to the Bitget Sky price page (this page). It displays a real-time SKY exchange rate along with market data such as 24h price change, high, low, and trading volume. The page also includes an advanced chart with customizable time ranges, such as 24 hours, 7 days, and 1 year, making it easy to track historical trends and price movements.

    2. Visit the Bitget spot/futures trading section (to view the live order book): Log in to your Bitget account, select "Markets" or "Spot/Futures Trading" from the navigation bar, and enter SKY in the trading pair search box to open the corresponding trading pair page (for example, SKY/USDT). There, you can view the live bid and ask prices, recent trades, and depth chart.

    3. Track anytime, anywhere with the Bitget app: Download and open the app, search for "Sky" or "SKY", and add it to your watchlist. This lets you check the latest price on your phone at any time. You can also set custom price alerts and get notified when the price rises above or falls below your target level.

    Is the Sky price data provided by Bitget updated in real time?

    The Sky (SKY) price data on the Bitget crypto price page aggregates real-time Sky trading prices from major exchanges worldwide (including Bitget), reflecting Sky's broader market price index. All price-related data on this page is updated in real time.

    Millisecond/second-level updates: Core data shown at the top of the page, including the last price, 24-hour price change, 24-hour high and low, is sourced directly from real-time trading engines across major global markets and platforms and updated automatically.

    Market depth and price synchronization: Price data is closely aligned with Bitget's spot and futures order books, as well as global aggregated indices, helping ensure that displayed prices reflect current market conditions.

    What is the real-time price of Sky (SKY) today?

    The real-time price of Sky (SKY) is $0.08. The current market cap is $1,839,538,795.1. Over the past 24 hours, Sky's trading volume was $28.59M. For the most accurate, up-to-date price data, check the top of this page, where key metrics are updated in real time around the clock, including the last price, 24-hour price change, historical price chart, 24-hour high and low, and more. You can also scroll down for more analysis of today's SKY price, or click the "Trade" button to go to the trading page and view a more detailed live order book and depth chart.

    Where can I view the all-time high and price chart for Sky?

    On this page, you can view the all-time high and historical price charts for Sky (SKY) at any time. The page features advanced charts and data tools, including:

    1. Multi-timeframe candlestick chart: Switch between different timeframes, such as 24 hours, 7 days, 1 year, and all-time data, to track short-term price movements and long-term trends.

    2. Historical highs, lows, and key market data: View key metrics for SKY, including its all-time high (ATH), all-time low, total market cap, and circulating supply, to gain a comprehensive view of SKY's market performance.

    What should beginners know before trading Sky on Bitget?

    Beginners trading Sky (SKY) on Bitget should pay close attention to the following key points:

    Risk warning: Crypto markets can be highly volatile, with prices affected by macroeconomic conditions, market sentiment, and other factors. Consider your own risk tolerance when allocating your assets, invest responsibly, and avoid blindly following market trends.

    Transaction fees: When trading spot or futures on Bitget, transaction fees may vary depending on your VIP level and whether you use BGB to pay transaction fees. We recommend reviewing the current fee schedule before trading to better manage your trading costs.

    Getting started: If you're new to crypto trading, we recommend visiting Bitget Academy or the Help Center. There, you'll find step-by-step tutorials and video guides covering everything from account sign-up and identity verification to asset security and placing trades, helping you get started quickly.

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    How to complete identity verification on Bitget and protect yourself from fraud
    1. Log in to your Bitget account.
    2. If you're new to Bitget, watch our tutorial on how to create an account.
    3. Hover over your profile icon, click on “Unverified”, and hit “Verify”.
    4. Choose your issuing country or region and ID type, and follow the instructions.
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    A welcome pack worth 6200 USDT for new Bitget users!
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    Cryptocurrency investments, including buying Sky online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Sky, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Sky purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.
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    Up to 6200 USDT and LALIGA merch await new users!
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