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About SABLE and SKY
Sable Finance is climbing, while Sky is falling this week. The current SABLE to SKY conversion rate is 0.0421. Inversely, this means that if you convert 1 SKY you will get 23.75 SABLE. The conversion rate of SABLE/SKY has increased by 0.9% in the last hour (SKY/SABLE decreased by 0.9%). In the last 24 hours, SABLE/SKY grew by 7.66%, while SKY/SABLE shrunk by the same amount.
The exchange rate of Sable Finance is increasing. The current value of 1 SABLE is 0.0421 SKY. In other words, to buy 5 Sable Finance, it would cost you 0.21051 SKY. Inversely, 1 SKY would allow you to trade for 23.75 SABLE while 50 SKY would convert to 1,187.60 SABLE, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.66%. Meanwhile, in the last 24 hours, the rate has changed by 7.4%, and that the highest exchange rate of 1 SABLE to SKY was 0.04208 SKY and the lowest 24 hour value was 1 SABLE for 0.03875 SKY. Last month, 1 SABLE was worth 0.03806 SKY. Today, it's up 9.61%. Looking back a year, Sable Finance has changed by 0.06629 SKY. That means that in a single year, the value of Sable Finance has shrank by 57.45%.
Sable Finance Market Stats
What is the project about? Sable Finance is the #1 reformative primitive for ETH LSD-backed stablecoin on Arbitrum and BNB Chain. Our codebase enables capital efficiency and yield maximization for USDS users, whilst eliminating the liquidity cost of protocol emission to achieve frugal use of capital. What makes your project unique? Sable Finance is pioneering to give the first ever decentralized stablecoin, USDS, which accepts LSD as collateral on the BNB chain (and Arbitrum when v2 is launched). The design of our protocol is based on Liquity’s codebase, with innovative changes, such as a shared stability pool for liquidations, a multi-collateral design, governance token staking improvements and more. As the embodiment of stability and resilience, Sablecoin (USDS) emerges as the premier stablecoin free from interest rate, censorship, and custodianship. History of your project. It was first introduced to the BNB chain on March 21, marking the beginning of our journey. And our testnet went live on June 16, showcasing its potential and functionality. What’s next for your project? The beta version will be launched soon, offering essential functions of $USDS with BNB as the only accepted collateral. Users can mint the our stablecoin and enjoy features like collateral deposit, liquidation, and redemption. Following that, V2 will bring upgraded designs, higher yield optimization, and a user-friendly interface. V2 will be launched on Arbitrum and BNB Chain, using LSDfi as multi-collateral to meet market needs. What can your token be used for? $SABLE token captures system-generated borrowing and redemption fees through staking. Token holders provide liquidity to the SABLE/BNB pool on a DEX and stake LP tokens in our contract, earning LP trading fees along with borrowing and redemption fees. With the launch of v2, governance will be introduced, allowing $SABLE holders to vote on matters like collateral whitelisting, emissions direction, and parameter changes.
Sky Market Stats
The SKY token is the native governance and utility token of the Sky Protocol, a decentralized finance (DeFi) platform that evolved from MakerDAO. It plays a central role in the protocol’s ecosystem, supporting a range of financial services and community-driven governance.
Conversion tables
SABLE to SKY values from Today at 10:56 am
0.5 SABLE = 0.02105 SKY |
1 SABLE = 0.0421 SKY |
5 SABLE = 0.2105 SKY |
10 SABLE = 0.421 SKY |
50 SABLE = 2.11 SKY |
100 SABLE = 4.21 SKY |
500 SABLE = 21.05 SKY |
1,000 SABLE = 42.10 SKY |
SKY to SABLE values from Today at 10:56 am
0.5 SKY = 11.88 SABLE |
1 SKY = 23.75 SABLE |
5 SKY = 118.76 SABLE |
10 SKY = 237.52 SABLE |
50 SKY = 1,187.60 SABLE |
100 SKY = 2,375.20 SABLE |
500 SKY = 11,876.02 SABLE |
1,000 SKY = 23,752.03 SABLE |
SABLE to SKY over time
SABLE | Today | 24H 7.40% | 1M 9.61% | 1Y -57.45% |
|---|---|---|---|---|
0.5 SABLE | 0.02105 SKY | 0.01949 SKY | 0.01903 SKY | 0.03314 SKY |
1 SABLE | 0.0421 SKY | 0.03898 SKY | 0.03806 SKY | 0.06629 SKY |
5 SABLE | 0.2105 SKY | 0.1949 SKY | 0.1903 SKY | 0.3314 SKY |
10 SABLE | 0.421 SKY | 0.3898 SKY | 0.3806 SKY | 0.6629 SKY |
50 SABLE | 2.11 SKY | 1.95 SKY | 1.90 SKY | 3.31 SKY |
100 SABLE | 4.21 SKY | 3.90 SKY | 3.81 SKY | 6.63 SKY |
500 SABLE | 21.05 SKY | 19.49 SKY | 19.03 SKY | 33.14 SKY |
1,000 SABLE | 42.10 SKY | 38.98 SKY | 38.06 SKY | 66.29 SKY |
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