SKY

Sky · USDT-Perp · Decentralized Finance (DeFi)

$0.06+0.26% 24h·Mcap $1.40B · #45

Live

Conviction™ · master

Building · 64 conviction

Constructive setup

Classification

Building

Trend · 30 scans

↑ +5

Model

PyreFi v1

Indicators™ · live read-outproprietary model

Pulse™

83/100

Strong multi-timeframe bullish pulse

Structure™

76/100

Structure mixed

Flow™

–NEUTRAL· 1

Neutral — taker-buy 50% of flow

Accumulation Index™

45/100

Balanced flow

Ignition™

47/100MEDIUM

Some energy accumulating

Volatility Coil™

EXPANDING

Volatility expanding

Liquidity Shield™

77/100

Deep, balanced book

Whale Radar™

ACTIVE· 45

Elevated large-order activity

Risk Lens™

100/100

Low risk profile

Indicator Radar™current vs 7D

Price · 4h

Indicator momentum · recent scans

ConvictionPulseIgnition

Token Market Data

Price$0.06

24h Change+0.26%

Open (24h)$0.06

High (24h)$0.06

Low (24h)$0.06

Market Cap$1.40B

FDV$1.41B

Volume 24h$15M

Rank#45

Supply · Circ.23.34B

Supply · Total23.46B

Supply · Max23.46B

About

SKY is a governance token, which is like a digital voting share, for Sky Protocol. This system launched in 2024 as a rebrand and upgrade of the older Maker Protocol. Sky Protocol’s main value lies in giving users a simple, secure way to trade, save, and earn rewards without ever giving up control of their funds. It is built around a stablecoin called USDS, which is always worth one US dollar, but it is completely decentralized. The protocol is run by automated agreements called smart contracts, so there’s no middleman controlling users' money. The system uses two main tokens: USDS for stable savings, and SKY for community governance. users can help secure the network and earn rewards by staking their SKY tokens in the Staking Engine, which is like locking them in an interest-bearing account to help the system run. The protocol also uses SkyLink to seamlessly connect users' funds across different blockchains for faster and cheaper transactions. The Sky Protocol is unique because it has no single CEO or traditional core team of investors; instead, it is managed entirely by its global community of SKY token holders. This decentralized setup means that SKY is primarily used for two core utilities: it grants essential voting power to decide on all major system changes, and it can be staked in the Staking Engine to help secure the network and earn rewards. Staking also provides holders with the ability to borrow the USDS stablecoin, making SKY the essential key for both governance and income generation within the ecosystem.

Decentralized Finance (DeFi)Ethereum EcosystemStablecoin IssuerHydration EcosystemGovernance