Sky SKY
Rank #53 defi
Supply release: when does the rest arrive?
Fully issuedAll SKY that will ever exist is already in circulation.
Issuance is finished, so there is no future supply waiting to be released and no dilution from new tokens to price in.
Supply at a glance
About Sky
SKY is the governance token of the Sky protocol — the rebranded MakerDAO, one of DeFi's oldest institutions — which issues the DAI/USDS stablecoins against collateral. Holders govern the system's parameters and risk settings.
Issued by Rune Christensen, as the rebrand of MakerDAO (2024).
Sky in context
Sky trades 38% below its all-time high of A$0.1566, set in December 2024. Over the past 90 days it has gained 5.8% in AUD terms, trailing Bitcoin's +8.5% by 2.7 percentage points — one of the moves behind today's altcoin season index reading. Daily turnover runs at about 0.5% of its market value — comparatively thin trading, which can amplify moves in both directions.
Computed from our market records at build time — figures refresh with the daily rebuild.
12-month range (AUD)
today sits 54% of the way up the rangeThe supply maths: what would a price target mean?
full calculator →Market cap = price × circulating supply. With 23.42 billion SKY circulating, every dollar of SKY price is A$23.42B of market cap — so check what a target actually implies:
Where to buy Sky in Australia
Ad disclosure: 'Buy' buttons are affiliate links*; order reflects our exchange scores. It never affects scores or rankings. How we make money
| Exchange | AUD pair | Instant-buy cost | Score | |
|---|---|---|---|---|
| Swyftx | ✓ SKY/AUD | 0.6% + spread | 8.7/10 | Buy on Swyftx* |
| CoinSpot | ✓ SKY/AUD | 1% + spread | 8.5/10 | Buy on CoinSpot* |
| Digital Surge | ✓ SKY/AUD | 0.5% | 7.7/10 | Buy on Digital Surge* |
FAQ
What is the Sky (SKY) price in AUD right now?
The SKY price in AUD is about A$0.0968 as of our last data refresh — the price at the top of this page updates continuously from CoinGecko market data (every 10 minutes in production), quoted in Australian dollars first so there's no mental USD conversion. The converter above turns any SKY amount into AUD at the live rate.
How do I buy Sky in Australia?
Sky is listed on Swyftx, CoinSpot, Digital Surge with direct AUD pairs. Deposit AUD via PayID or bank transfer, then buy SKY — most platforms complete this in minutes after ID verification.
Is Sky taxed in Australia?
Yes — the ATO treats Sky as a CGT asset. Selling, swapping or spending it is a taxable event; holding over 12 months may qualify individuals for the 50% CGT discount. See our crypto tax guide.
When will the rest of the SKY supply be released?
All SKY that will ever exist is already in circulation. Issuance is finished, so there is no future supply waiting to be released and no dilution from new tokens to price in.
Who created Sky?
Issued by Rune Christensen, as the rebrand of MakerDAO (2024).
What is Sky's all-time high in AUD?
Sky peaked at A$0.1566 in December 2024. Today's price sits 38% below that peak — the stat cards above track it daily.
Why does the SKY price here differ from prices I see in USD?
We quote in Australian dollars, so the number moves with both the coin's USD price and the AUD/USD exchange rate. Most global sites quote USD — multiply by the current exchange rate (or just use our converter above) and the numbers reconcile.
Market data powered by CoinGecko · availability verified against exchange listings
General information only, not financial advice. Crypto is volatile — never invest more than you can afford to lose.