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About SKY and HMX
Sky is falling, while HMX is climbing this week. The current SKY to HMX conversion rate is 1.07. Inversely, this means that if you convert 1 HMX you will get 0.9309 SKY. The conversion rate of SKY/HMX has decreased by 0.35% in the last hour (HMX/SKY increased by 0.35%). In the last 24 hours, SKY/HMX shrunk by 0.56%, while HMX/SKY grew by the same amount.
The exchange rate of Sky is decreasing. The current value of 1 SKY is 1.07 HMX. In other words, to buy 5 Sky, it would cost you 5.37 HMX. Inversely, 1 HMX would allow you to trade for 0.9309 SKY while 50 HMX would convert to 46.54 SKY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.74%. Meanwhile, in the last 24 hours, the rate has changed by 0.55%, and that the highest exchange rate of 1 SKY to HMX was 1.10 HMX and the lowest 24 hour value was 1 SKY for 1.05 HMX. Last month, 1 SKY was worth 0.9091 HMX. Today, it's up 15.37%. Looking back a year, Sky has changed by 0.449 HMX. That means that in a single year, the value of Sky has grown by 58.21%.
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.
HMX Market Stats
What is the project about? HMX is a decentralized perpetual exchange with a cross-margin and multi-asset collateral support on Arbitrum. What makes your project unique? HMX offers the following unique features to users: 1.) Leveraged Trading (Cross-Margin & Multi-Collateral Management Support): Users can open up to 1,000x leveraged long or short positions on many asset classes including Cryptocurrency, Forex, Equity, and Commodities. HMX also accepts various crypto assets as collateral with a cross-margin collateral support, allowing for flexible position and risk management strategies. 2.) Leveraged Market Making (HLP Vault): Users can simply deposit assets into the HLP vault to become market makers on HMX. HLP vault is unique because it is built on top of GMX's GLP token. This means that the liquidity deposited into the vault will be used to market make for traders both at GMX AND HMX. Depositors continue to earn all of the yields from GMX while also earning additional yields from fees generated on HMX. History of your project. The team behind HMX Exchange are experienced traders and DeFi users. We recognize the major pain points faced by our fellow traders with the current available platforms in the market, especially with the failure of many centralized trading platform in 2022. We want to build a platform with great UX/UI, allowing anyone to trade with low-fees, and let participants earn and prosper together with the platform. HMX is backed by DeFi veterans including CoralDeFi, CryptoMind, CompoundCapital and other angel investors. What’s next for your project? Some of the highlights from our RoadMap include: - Cross-chain Expansion: Expand HMX to other chains to grow the ecosystem. Other up and coming L2 chains such as zkSync and Starknet, etc. are our priorities. - Listing additional markets: Expand the selection of assets users can trade on HMX. - Grow HMX Userbase and Community: Grow HMX through various marketing campaign and initiatives - AMAs, paid marketing, trading competitions, etc. What can your token be used for? Below are the current and planned utilities for HMX token: - Earns 25% share of protocol revenue in stablecoins when staked (shared with staked esHMX & DP) - Earns a share of esHMX token emission when staked - Earns Dragon Points (DP) at 100% APR when staked - Receive governance voting rights to help shape key decisions on the development of HMX exchange (coming soon...) - Receive tiered trading fee discount when staked (coming soon...)
Conversion tables
SKY to HMX values from Today at 8:18 am
0.5 SKY = 0.5371 HMX |
1 SKY = 1.07 HMX |
5 SKY = 5.37 HMX |
10 SKY = 10.74 HMX |
50 SKY = 53.71 HMX |
100 SKY = 107.42 HMX |
500 SKY = 537.11 HMX |
1,000 SKY = 1,074.23 HMX |
HMX to SKY values from Today at 8:17 am
0.5 HMX = 0.4654 SKY |
1 HMX = 0.9309 SKY |
5 HMX = 4.65 SKY |
10 HMX = 9.31 SKY |
50 HMX = 46.54 SKY |
100 HMX = 93.09 SKY |
500 HMX = 465.45 SKY |
1,000 HMX = 930.90 SKY |
SKY to HMX over time
SKY | Today | 24H -0.55% | 1M 15.37% | 1Y 58.21% |
|---|---|---|---|---|
0.5 SKY | 0.5371 HMX | 0.5401 HMX | 0.4545 HMX | 0.2245 HMX |
1 SKY | 1.07 HMX | 1.08 HMX | 0.9091 HMX | 0.449 HMX |
5 SKY | 5.37 HMX | 5.40 HMX | 4.55 HMX | 2.24 HMX |
10 SKY | 10.74 HMX | 10.80 HMX | 9.09 HMX | 4.49 HMX |
50 SKY | 53.71 HMX | 54.01 HMX | 45.45 HMX | 22.45 HMX |
100 SKY | 107.42 HMX | 108.02 HMX | 90.91 HMX | 44.90 HMX |
500 SKY | 537.11 HMX | 540.09 HMX | 454.54 HMX | 224.48 HMX |
1,000 SKY | 1,074.23 HMX | 1,080.17 HMX | 909.08 HMX | 448.96 HMX |
Frequently asked questions
Right now, 1 Sky is worth about $0.05783.
Based on the current rate, you could get 17.29 SKY for 1 USD.
Sky price has been declining. Since yesterday, the exchange rate of Sky has decreased. Since last month, the exchange rate of Sky has increased. Since this time last year, the price of Sky has decreased.
You can use our SKY to USD calculator at the top of this page to convert any amount of SKY to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 86.47 SKY. Inversely, 5 SKY will cost about $0.2891
Sky is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Sky.
Buy Sky with Coinbase
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.