Sky remains evidence-constrained despite an approximately $1.47B market capitalization
| Grade | Verdict | Score | Rank | Price | Market cap |
|---|---|---|---|---|---|
| F | Failed | Red | 1.6 / 100 | #187 of 203 | $0.0566 | $1.3B |
F | Failed means: Score below 40, or any single hard red flag. Do not own — the story is irrelevant.
Data as of Sep 17, 2026 — scores are re-evaluated daily and this snapshot refreshes on each site publish. The live app always shows current data.
SKY is described as the governance token for Sky Protocol, a decentralized finance system built around the USDS stablecoin. The supplied profile says Sky evolved from the Maker Protocol and gives SKY holders voting rights over major system decisions. It also describes staking through a dedicated staking engine, with staking connected to rewards and access to USDS borrowing. SkyLink is presented as a way to connect funds across blockchains. SKY therefore combines governance and staking roles within a stablecoin-centered protocol. Its distinctive feature is the integration of community decision-making, stablecoin functionality, staking, and cross-chain access in one DeFi system. The available description does not provide detailed information about current activity, supply design, or the operation of its economic incentives.
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