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How to Buy Sky
Good news! You can buy Sky on Coinbase's centralized exchange. We've included detailed instructions to make it easier for you to buy Sky.
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About Sky
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.
Happening now
AI generated
SKY completed its second token burn on October 14, permanently removing 7.37 million tokens from circulation, roughly 2.6 times larger than the first burn.
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Trading Insights
Market Stats
Market Cap
€1.45B
3.28%
FDV
€1.45B
Circ. Supply
23B SKY
Max Supply
23B SKY
Total Supply
23B SKY
Diluted Valuation
€1.45B
Performance
Popularity
Not enough data
Dominance
0.06%
Volume (24H)
€5.77M
10.64%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
€0.06394
Price Change (1Y)
18.11%
Additional details
Market details
SKY vs markets
↗ 56.32%
SKY vs BTC
↗ 59.74%
SKY vs ETH
↗ 96.03%
Tags
0
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x56072C95FAA701256059aa122697B133aDEd9279 |
Price history
Time | Price | Change |
|---|---|---|
Today | €0.06193 | |
1 Day | €0.05956 | |
1 Week | €0.07024 | |
1 Month | €0.06008 | |
1 Year | €0.05044 |
Coinbase insights
Happening now
AI generated
SKY completed its second token burn on October 14, permanently removing 7.37 million tokens from circulation, roughly 2.6 times larger than the first burn.
Price and holder activity diverge
Price moved roughly
↘3%
over 34 hours as of October 15 while tokens moved off trading platforms (net outflow of approximately $0.49M over the past day), though sellers realized losses with the profit/loss indicator at 0.94 as of the latest snapshot.
Token supply shrinks through burns
The second token burn
follows Sky's framework directing 5% of monthly net surplus to token buybacks and permanent removal from circulation.
Stability system holds significant funds
Sky disclosed over $4.4 billion
in stablecoin reserves within its stability system as of October 9, providing context for how the protocol manages its dollar-pegged token.
Trading activity shows mixed signals
Trading showed 1.18 times more buyers than sellers over the past 24 hours with 415 active addresses as of the latest snapshot, while trading volume increased roughly
↗15%
over the past 24 hours.
Recent trends
The latest SKY price is €0.06193. Compared to Sky's value of €0.06 from 24 hours ago, there's been a 4% increase, while the current price is -11% down from €0.07 which was recorded one week ago. Sky's all time high is €0.06394, which was reached on October 17, 2026. This is a -3% change from its price today.
The current circulating supply of Sky is 23,431,365,899. This is 100% of its max supply of 23,462,665,147 SKY and 100% of its total supply of 23,452,431,916. The market cap is currently €1.45B, which is a result of multiplying the current price of Sky(€0.06) by the total supply(23,452,431,916 SKY). The fully diluted valuation of Sky is €1.45B. The diluted valuation of Sky is €1.45B.
FAQ
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#505
Contributors
42,001
Posts
63,921
% About Sky
0.023%
Articles
67
X (Twitter)
35.37% bullish
Sentiment
4.5 ★
Highlights
42,001 unique individuals are talking about Sky and it is ranked #505 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Sky has an average sentiment score of 4.5 out of 5. Finally, Sky is becoming less newsworthy, with 67 news articles published about Sky.
On Twitter, people are mostly neutral about Sky. There were 43.18% of tweets with bullish sentiment compared to 22.09% of tweets with a bearish sentiment about Sky. 56.82% of tweets were neutral about Sky. These sentiments are based on 37018 tweets.
On Reddit, Sky was mentioned in 1701 Reddit posts and there were 579987 comments about Sky. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.
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