Sky price chart
- Market cap
- $1.52B
- 24h volume
- $17.52M
- Volume / market cap
- 1.15%
- Tracked market-cap share
- 0.06%
- Global dominance
- 0.06%
- Market pairs reported
- 256
What SKY is doing relative to the market
Calculated from CryptoDigest’s 50-asset published research universe—not a claim about the entire crypto market.
SKY is 2.58 percentage points below the Stablecoin-protocol governance average in our tracked set.
Reported 24-hour volume equals 1.15% of market cap and 0.02% of tracked-universe volume.
617 hourly candles retained; maximum peak-to-trough move observed was -35.56%.
SKY performance by period
| Period | Return | Context |
|---|---|---|
| 1 hour | -0.11% | Provider snapshot |
| 24 hours | -5.62% | Rank #50 of 50 |
| 7 days | -9.92% | Rank #46 of 50 |
| 30 days | -16.35% | Live market snapshot |
| 60 days | -5.34% | Live market snapshot |
| 90 days | +12.69% | Live market snapshot |
Against Bitcoin: SKY performed 5.24 percentage points worse over 24 hours.
What the headline valuation includes
- Circulating supply
- 23.429B SKY
- Total supply
- 23.452B SKY
- Maximum supply
- 23.463B SKY
- Fully diluted value
- $1.51B
- 24h volume change
- +74.70%
- Supply model
- Created through the MKR-to-SKY conversion, with supply and treasury actions governed by the protocol
Fully diluted value applies the current price to the provider’s reported eventual or total supply. It is a scenario, not a forecast.
What is Sky?
SKY is the successor to MKR and is now the sole voting token of the protocol behind USDS and legacy DAI. Holders can vote or delegate, and staking positions can access governance-set rewards and borrow USDS subject to collateral and liquidation rules.
SKY is neither the stablecoin nor a deposit receipt for its savings products. Its economic exposure depends on governance, protocol surplus and spending, collateral risk and the ongoing conversion from MKR, whose exchange rate is reduced over time by a governance-approved delayed-upgrade penalty.
SKY is not a dollar stablecoin: USDS and DAI target one dollar, while SKY is the protocol’s variable-price governance token.
What may be moving SKY
Detector output is shown only when evidence crosses a materiality threshold; price movement alone is not treated as a cause.
SKY moved materially; cause not established
SKY registered a material price-anomaly signal.
Cause not established
Available approved sources do not support a specific catalyst.
Inspect 0 evidence items
Latest Sky news
No original CryptoDigest article currently focuses on Sky. Browse the newsroom for broader market coverage.
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Price, market cap and 24-hour volume come from normalized provider snapshots, timestamped Oct 27, 2026, 6:00 AM UTC.
The chart uses stored 5-minute and hourly OHLC observations. It labels partial coverage instead of stretching it into a longer history.
Ranks, sector deltas and shares use the 50 assets in CryptoDigest’s published research universe. Turnover is volume ÷ market cap.
Supply and extended returns come from the live market-data feed; network facts link to project documentation. Nothing here is investment advice.