Sky

Sky (SKY)

Full information about Sky (SKY). Current Sky price in PGK, SKY open/close rates, Sky history charts, Sky market capitalization and volume.

1 SKY = 0.276 K Papua New Guinean Kina (PGK)
0.0645169 PGK

Last updated: 2026-01-18 13:23:00 UTC - about 2 days ago 1 USD = 4.270793 PGK

General information
Global rank:51
Name: Sky Sky
Symbol:SKY
Current coin price (PGK):0.276 K
Last hour:arrow_downward-0.120 %
Last 24 hours:arrow_upward0.850 %
Last 7 days:10.78 %trending_up
Capitalisation (PGK):6 325 878 177.21 K
Volume 24h (PGK):55 037 623.98 K
Available supply:22 958 235 744.00 SKY
Total coin supply:-1 SKY
Start date:2024-09-02
Last updated: 2026-01-18 13:23:00 UTC - about 2 days ago

Sky/Papua New Guinean Kina (SKY/PGK) price chart

Sky/Papua New Guinean Kina (SKY/PGK) capitalisation and volume charts

Sky (SKY) is the native governance token of the Sky Protocol, introduced during MakerDAO's 2024 rebranding to enhance decentralized decision-making. As an upgraded version of MKR, SKY was distributed at a conversion rate of 1 MKR to 24,000 SKY, significantly expanding the token supply to foster broader community participation. SKY empowers holders to vote on protocol parameters, including stability fees, collateral management, and incentive structures, ensuring that governance remains decentralized and adaptive. Beyond voting, SKY can be used in various ecosystem modules—such as Activation and Seal Rewards—to earn additional assets, serve as collateral for borrowing USDS, and facilitate trading via liquidity pools. Developed by the MakerDAO team led by Rune Christensen, SKY plays a critical role in securing and evolving the decentralized financial infrastructure of the Sky Protocol.