Take a Quiz to Test How Well You Can Spot a Scam
Start NowLive SKY/INR Price
₹8.4364
0%
Price Changes
₹0
0%
24h Low
₹ 0
24h High
₹ 0
Quantity
SKY
Price
INR
TRADE NOW
₹
₹
ADD ASSET TO COMPARE
Select a coin to compare
ALICE
My neighbor alice
SAND
The sandbox
CHZ
Chiliz
ERA
Caldera
XEC
Ecash
LIGHT
Bitlight
TST
Test
C98
Coin98
JOE
Joe
KAT
Katana
AI
Sleepless ai
MORPHO
Morpho
WLD
Worldcoin
PERP
Perpetual protocol
TRU
Truefi
MYRO
Myro
AIOZ
Aioz network
S
Sonic (prev. ftm)
SAPIEN
Sapien
GRASS
Grass
FOGO
Fogo
1INCH
1inch
YB
Yieldbasis
GRIFFAIN
Griffain
PROM
Prom
NPC
Non-playable coin
DEXE
Dexe
FARTCOIN
Fartcoin
OG
Og fan token
HMSTR
Hamster kombat
ZK
Zksync
DOGE
Dogecoin
GLM
Golem
GENIUS
Genius terminal
SUPER
Superverse
LRC
Loopring
X
X empire
ROBO
Fabric protocol
USDS
Usds
DYM
Dymension
ETC
Ethereum classic
ARB
Arbitrum
VVV
Venice token
SFP
Safepal
0G
0g
DOLO
Dolomite
RSR
Reserve rights
PLUME
Plume
ACT
Act i : the ai prophecy
ATH
Aethir
EGLD
Elrond
APE
Apecoin
PONKE
Ponke
ENSO
Enso
GNS
Gains network
GMX
Gmx
DEEP
Deepbook protocol
POL
Pol (ex-matic)
JUP
Jupiter
NIGHT
Midnight
BNB
Binance coin
RENDER
Render
MIGGLES
Mr miggles
MYRIA
Myria
CHILLGUY
Just a chill guy
ORCA
Orca
GALA
Gala
BB
Bouncebit
STORJ
Storj
ZRX
0x
LINK
Chainlink
FORM
Four
ADX
Heyaura
TLM
Alien worlds
ACN
Aitech cloud network
KAS
Kaspa
ALGO
Algorand
USDC
Usd coin
ATOM
Cosmos
INJ
Injective
WAL
Walrus
COOKIE
Cookie dao
RED
Redstone
GAS
Gas
RESOLV
Resolv
GUN
Gunz
DRIFT
Drift
1000CHEEMS
Cheems (cheems.pet)
NMR
Numeraire
YFI
Yearn.finance
W
Wormhole
PEAQ
Peaq
SAFE
Safe
ORDI
Ordi
2Z
Doublezero
ADA
Cardano
ALPINE
Alpine f1 team fan token
COQ
Coq inu
STO
Stakestone
LPT
Livepeer
OPN
Opinion
XRP
Ripple
ZRO
Layerzero
CAKE
Pancakeswap
VOXEL
Voxies
RDNT
Radiant capital
MAVIA
Heroes of mavia
COW
Cow protocol
KSM
Kusama
WIN
Winklink
MEGA
Megaeth
DGB
Digibyte
TFUEL
Theta fuel
SNX
Synthetix network token
RIF
Rootstock infra framework
XLM
Stellar
VTHO
Vethor token
SPK
Spark
MELANIA
Official melania meme
BARD
Lombard
TURTLE
Turtle
VINE
Vine coin
GPS
Goplus security
AMP
Amp
BCH
Bitcoin cash
BABY
Babylon
MEMEFI
Memefi
TOWNS
Towns
TREE
Treehouse
NXPC
Nexpace
BANANAS31
Banana for scale
SUSHI
Sushi
KAITO
Kaito
FIL
Filecoin
STX
Stacks
ETHFI
Ether.fi
DASH
Dash
AERO
Aerodrome finance
PYTH
Pyth network
NEXO
Nexo
VRA
Verasity
BIO
Bio protocol
HNT
Helium
SOMI
Somnia
IO
Io.net
CKB
Nervos network
TURBO
Turbo
CFG
Centrifuge
LINEA
Linea
AXL
Axelar
NEAR
Near protocol
XNO
Nano
ASTR
Astar
HOLO
Holoworld ai
THE
Thena
ACH
Alchemy pay
ENJ
Enjin coin
BAN
Comedian
XVS
Venus
TRB
Tellor
ESP
Espresso
CELO
Celo
KAVA
Kava
EDU
Open campus
RE
Re protocol
ALT
Altlayer
POLYX
Polymesh
XYO
Xyo
NKN
Nkn
HPP
House party protocol
NOM
Nomina
MARSCOIN
Marscoin
BERA
Berachain
LTC
Litecoin
SCR
Scroll
BOME
Book of meme
OPG
Opengradient
ID
Space id
ANKR
Ankr
TOSHI
Toshi
BRETT
Brett (based)
DYDX
Dydx
SOL
Solana
FLR
Flare
APT
Aptos
VET
Vechain
KITE
Kite
RAY
Raydium
TIA
Celestia
FF
Falcon finance
1MBABYDOGE
Baby doge coin
CRV
Curve dao token
DATA
Data network
LISTA
Lista dao
REQ
Request
ALLO
Allora
AVAX
Avalanche
CC
Canton
ELIZAOS
Elizaos
SSV
Ssv.network
MASK
Mask network
UNI
Uniswap
GRAM
Gram (prev. toncoin)
OPEN
Openledger
C
Chainbase
RLC
Iexec rlc
G
Gravity
NOT
Notcoin
MOG
Mog coin
MUBARAK
Mubarak
SUI
Sui
PNUT
Peanut the squirrel
NIL
Nillion
XAUT
Tether gold
MOBILE
Helium mobile
PROVE
Succinct
ZIL
Zilliqa
AVNT
Avantis
POPCAT
Popcat (sol)
RPL
Rocket pool
BAND
Band protocol
MOODENG
Moo deng (moodengsol.com)
SYN
Synapse
REZ
Renzo
AT
Apro
MEW
Cat in a dogs world
SOLV
Solv protocol
POWR
Power ledger
PHA
Phala network
HBAR
Hedera
EPIC
Epic chain
COTI
Coti
PEOPLE
Constitutiondao
ME
Magic eden
PARTI
Particle network
UMA
Uma
FRAX
Frax (prev. fxs)
HUMA
Huma finance
MOVE
Movement
MAGIC
Treasure
SAHARA
Sahara ai
IOTX
Iotex
WAVES
Waves
CPOOL
Clearpool
SHIB
Shiba inu
XEM
Nem
GIGGLE
Giggle fund
INIT
Initia
LUNA2
Terra 2.0
LAYER
Solayer
MEME
Memecoin
ETH
Ethereum
TAO
Bittensor
FET
Artificial superintelligence
PENGU
Pudgy penguins
TRX
Tron
SEI
Sei
VIRTUAL
Virtuals protocol
SUN
Sun (new)
SPX
Spx6900
TRUMP
Official trump
STRK
Starknet
PENDLE
Pendle
GNO
Gnosis
XTZ
Tezos
LDO
Lido dao
UXLINK
Uxlink
PYR
Vulcan forged (pyr)
PHB
Phoenix
ONE
Harmony
EUL
Euler
USUAL
Usual
CTSI
Cartesi
IOST
Iost
MTL
Metal
SIGN
Sign
KNC
Kyber network
MMT
Momentum
NEIRO
First neiro on ethereum
MANTA
Manta network
ZORA
Zora
ARKM
Arkham
HIGH
Highstreet
VANA
Vana
SKL
Skale
METIS
Metis
HYPER
Hyperlane
SXT
Space and time
HOME
Defi app
CATI
Catizen
AUCTION
Bounce token
EDEN
Openeden
BLUR
Blur
YGG
Yield guild games
DEGEN
Degen
WOO
Woo
USDT
Tether
QNT
Quant
PAXG
Pax gold
ILV
Illuvium
API3
Api3
ZBT
Zerobase
GMT
Stepn
PEPE
Pepe
CETUS
Cetus protocol
AUDIO
Audius
BMT
Bubblemaps
MANTRA
Mantra
AEVO
Aevo
CELR
Celer network
BANK
Lorenzo protocol
AAVE
Aave
ENA
Ethena
BREV
Brevis
OGN
Origin protocol
SOPH
Sophon
QKC
Quarkchain
CGPT
Chaingpt
GIGA
Gigachad
DIA
Dia
LQTY
Liquity
WLFI
World liberty financial
ONDO
Ondo
ASTER
Aster
LA
Lagrange
DOGS
Dogs
SHELL
Myshell
ZKC
Boundless
FIDA
Solana name service
ARPA
Arpa
BIGTIME
Big time
WCT
Walletconnect token
AIXBT
Aixbt by virtuals
PUMP
Pump.fun
VANRY
Vanar chain
PIXEL
Pixels
NEWT
Newton protocol
CHR
Chromia
ORDER
Orderly network
SKY
Sky
MNT
Mantle
ICP
Internet computer
DOT
Polkadot
MITO
Mitosis
TNSR
Tensor
GTC
Gitcoin
XAI
Xai
MIRA
Mira
HAEDAL
Haedal protocol
BICO
Biconomy
ANIME
Animecoin
TUT
Tutorial
F
Synfutures
KERNEL
Kerneldao
CAT
Simon's cat
HEMI
Hemi
BANANA
Banana gun
GOAT
Goatseus maximus
JST
Just
XPL
Plasma
BONK
Bonk
IMX
Immutablex
KAIA
Kaia
OP
Optimism
COMP
Compound
MON
Monad
GRT
The graph
CFX
Conflux
FLOKI
Floki
KMNO
Kamino finance
AR
Arweave
RUNE
Thorchain
HYPE
Hyperliquid
ENS
Ethereum name service
JASMY
Jasmycoin
TWT
Trust wallet token
ZEC
Zcash
JTO
Jito
CVX
Convex finance
MET
Meteora
TRAC
Origintrail
AKT
Akash network
BAT
Basic attention token
ZAMA
Zama
EIGEN
Eigenlayer
TEL
Telcoin
WIF
Dogwifhat
BTC
Bitcoin
THETA
Theta network
MANA
Decentraland
SENT
Sentient
SYRUP
Maple finance
AXS
Axie infinity
NEO
Neo
A
Vaulta
Sky, formerly known as MakerDAO, is a DeFi platform that enhances scalability, usability, and community governance. It introduces two key tokens: USDS, a USD-pegged stablecoin, and SKY, the governance token offering users a simpler and more resilient system. Through Sky.money, users can seamlessly interact with the protocol while retaining full control of their assets.
Sky (SKY) was founded by Rune Christensen, the creator of MakerDAO. The project was rebranded from MakerDAO to Sky under the “Endgame” plan, which aims to make governance easier and expand the ecosystem.
• Dual-token ecosystem: Sky runs on two main tokens: USDS, a stablecoin backed by collateral, and SKY, the governance and staking token used to vote on decisions, earn rewards, and participate in protocol upgrades.
• Sky Savings Rate (SSR): Users can deposit USDS into the Sky Savings Rate system to earn compounded interest in USDS, offering a simple, on-chain way to grow stablecoin holdings.
• SkyLink cross-chain integration: Sky introduces SkyLink, a bridge that connects to major Layer-2 networks like Base, Arbitrum, Optimism, and Unichain, enabling cheaper and faster transfers and access to Sky features across chains.
• Sky.money platform: Sky.money is the official non-custodial platform where users can upgrade DAI to USDS and MKR to SKY, access savings tools, staking, and reward programs, and manage their assets directly while retaining full control of their funds.
The rebrand from MakerDAO to Sky marks a major strategic shift toward scalability, simplified governance, and wider adoption through the “Endgame” plan. With its dual-token model, USDS and SKY, the project aims to balance stability and decentralization. The introduction of transparent, non-custodial features and incentives for community participation also adds long-term value. While success depends on adoption and broader market conditions, Sky’s combination of proven infrastructure and forward-looking innovation gives it strong potential in the evolving DeFi landscape.
You can buy SKY from crypto platforms like CoinSwitch.
• SKY can be bought and traded on crypto platforms like CoinSwitch.
• Use SKY tokens to vote on proposals and help shape the future of the Sky Protocol.
• Existing MakerDAO users can convert MKR to SKY and DAI to USDS directly through the Sky.money platform.
• Stake SKY tokens or participate in savings and reward programs within the Sky ecosystem to earn passive income.
• Sky builds on the foundation of MakerDAO, inheriting credibility, user base, and experience from one of DeFi’s leading protocols.
• The SKY token gives holders governance rights and enables participation in staking, rewards, and protocol decisions.
• Sky.money is non-custodial; users maintain control of their assets. Transactions, voting, staking, conversions, etc. are transparent on the chain.
• SKY is subject to market volatility like all cryptos.
• Despite being a DeFi protocol, there are concerns about governance being too centralized.
• The stablecoin peg and liquidity depend on mechanisms like the Peg Stability Module (PSM), and there’s risk if withdrawals exceed reserves or if external dependencies fail.
• Start investing in SKY with just ₹100.
• CoinSwitch provides a seamless and intuitive trading experience for users.
• Easily manage your transactions and portfolio on the app.
The SKY token did not have an initial coin offering (ICO) as the SKY token was created by replacing MKR as part of MakerDAO’s rebrand to Sky. Instead of a fresh ICO, MKR was migrated to SKY at a fixed swap rate as part of a coordinated token upgrade and listings on exchanges.
My Neighbor Alice
Price
₹0
₹0
24h Price Difference %
₹0
₹0
7d Price Difference %
₹0
₹0
Market Cap
-
-
24h Trade Volume
-
-
Circulating Supply
-
-
Market Rank
-
-
1. What is Sky (SKY)?
Sky (SKY) is the upgraded DeFi protocol that evolved from MakerDAO, offering a more scalable, community-governed ecosystem with dual tokens — USDS (stablecoin) and SKY (governance).
2. How did SKY replace MKR?
The transition from MKR to SKY occurred through formal on-chain governance votes, where the Maker community approved the migration as part of the “Endgame” plan.
3. What can I do with SKY?
SKY token holders can participate in governance, vote on proposals, stake for rewards, and engage with features like Sky Savings Rate.
4. How do I migrate MKR or DAI to SKY / USDS?
Using Sky.money, existing MakerDAO users can upgrade MKR to SKY and convert DAI to USDS in a non-custodial way.
Highlight
The Sky Protocol represents a meaningful step forward in DeFi by evolving the widely known MakerDAO ecosystem into a more scalable, user-friendly, and community-governed platform.
SKY Price Today
SKY Price
₹8.4364
Price Change 24h
0%
Price Change 7d
16.36%
Market Rank
#49
Market Cap
₹11,561 Cr.
Trade Vol 24h
₹185 Cr
Circulating Supply
₹2,341 Cr. SKY
Trading Activity
25% Buy75% Sell
Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.