
Stablecoin · SKY
Sky (formerly MakerDAO) is the largest decentralized stablecoin issuer, managing USDS, sUSDS, legacy DAI, stUSDS, and the SKY governance token.
Stablecoins aren't built to sit still.
SKY price
$0.0531
+0.3% 24h
Latest data · 15 min delay
Collateral quality risk across diversified Maker/Sky vault types.
Depeg risk on USDS/DAI under collateral stress or liquidity events.
Smart-contract risk in core protocol and integrations (Pendle, Morpho, bridges).
Integration and counterparty risk on external vaults and bridges.
Governance risk on Sky Savings Rate and risk parameters; liquidation risk on staked-SKY borrow positions.
Bridge risk for USDS/sUSDS deployments beyond Ethereum.