SKY

SKYGovernanceGovernance Token

Governance

SKY is the governance token of Sky (the MakerDAO successor). Legacy MKR converts to SKY at 1:24,000, and the Smart Burn Engine uses protocol surplus to buy back and burn governance tokens.

Price

$0.05

24h change

+4.48%

Market cap

$1.28B

24h volume

$8.7M

FDV

$1.25B

Circulating

23.43B

30-day price

No price history available.

Tokenomics

Max supply

Uncapped

Buyback policy

Smart Burn Engine buys back and burns governance tokens with protocol surplus.

1 MKR converts to 24,000 SKY.
Supply is governance-managed (no fixed cap).

On-chain

Alchemy · live

Live circulating supply—

Decimals—

Arbitrum contract0x5607…9279

Last refreshed—

Recent transfers

No recent ERC-20 transfers found.

Metadata

Token typeGovernance

Sub-categoryGovernance Token

IssuerView network

ChainsArbitrum One

Arbitrum nativeNo

Founded—

Links

Website Twitter / X GitHub CoinGecko Arbitrum Portal Contract (Arbiscan)

Off-chain facts

MigrationCurated
USDS upgrades 1:1 from DAI; legacy MKR converts to SKY at 1:24,000.
Sky

Market

CoinGecko · live

Price$0.054467

Market cap$1.28B

Rank#55

24h volume$8.7M

Circulating23.43B

Total supply23.46B

24h change+4.5%

7d change+2.4%

30d change-10.5%

ATH / ATL$0.1005 / $0.0358