Sky SKY

What SKY actually is on-chain

Sky is an ERC-20 deployed on Ethereum, at contract address 0x56072c95faa701256059aa122697b133aded9279. That address, not the ticker SKY, is what uniquely identifies this asset: anyone can deploy a second token calling itself SKY, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, SKY is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in SKY itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

3 other assets tracked on this site also use the ticker SKY: Skycoin (another network); Skynet (Base, 0xc77e…be4d); Skycastle (Base, 0x9B50…1b07). The asset on this page is specifically the Ethereum deployment at 0x5607…9279. These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

For SKY the project publishes a whitepaper and an active account as @SkyEcosystem. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where SKY sits in the market

At #46, Sky sits in the middle of the large-cap band. This is the part of the table capital rotates through first: when the leaders stall, money moves down into names like SKY, and when risk comes off it leaves here before it leaves the top ten. Spot spreads stay tight through both legs of that cycle; derivative funding does not, and perp basis is usually the earlier signal.

CryptoPingAi is currently streaming 6 live SKY order books (Binance, OKX, Gate.io, HTX, Upbit, Bithumb). That is coverage in line with a #46 ranking: enough books to cross-check a quote, few enough that one of them can dominate price formation for hours at a time. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

SKY against its all-time high

SKY is 35.5% below its $0.1005 peak (on 2024-12-04), roughly a halving of value from the high. 1.55x is needed to get back, and the band between here and there is thick with supply bought during the run-up. Rallies into that zone tend to meet holders getting back to break-even rather than buyers initiating, which is why the first push toward the high usually fails before the second one. That high was set roughly 2 years ago, recently enough that it still anchors how most current holders frame the asset.

SKY across its historical range

The recorded range is comparatively narrow: 2.81x between $0.0358 and $0.1005. Either the price history is short, or the asset is designed not to move.

At 80.9% above its record low of $0.0358 (on 2025-02-03), SKY sits near the edge of its own price history. Nothing has traded beneath that level, so there is no support to reference, no volume shelf and no cost-basis cluster underneath. The low is old enough to have held as a floor across several market regimes — a materially different setup from one printed recently.

SKY supply structure

Of a capped 23.46 billion SKY, 23.21 billion is circulating — 98.9% issued, with 250.8 million still to be created. The remaining issuance is small enough that emission is a second-order influence on price, but the schedule still matters for anyone modelling multi-year supply.

What kind of asset SKY is

Sky is a DeFi protocol token, which ties it to total value locked and to the interest-rate environment on-chain. These assets carry a beta to the market plus a second exposure that is easy to miss: protocol risk. A contract exploit or an oracle failure repriced instantly and independently of any market move, and that tail is a real component of holding the token.

CoinGecko files SKY under 5 categories, including Decentralized Finance (DeFi), Ethereum Ecosystem, Stablecoin Issuer, Hydration Ecosystem, Governance. CoinGecko also records deployments on Ethereum (3,072 tracked tokens), so its on-chain liquidity and its user base move with that network.

How to set a Sky alert that is worth receiving

Sky is the ERC-20 at 0x5607…9279 on Ethereum — quoted on 6 venues we stream — high dated 2024-12-04 — rank #46. On this profile the condition that carries signal is a single downside threshold sized to your risk tolerance plus a volume alert.

Full alert-design method: thresholds, RSI/MACD and volume conditions →