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SKY

Sky Calculators

MakerDAO, renamed β€” where MKR went and what replaced DAI.

5 free SKY calculators

Every one opens with the live SKY price already filled in. All maths runs in your browser β€” no signup, nothing stored.

About Sky

Sky is the rebranded MakerDAO, and the rename came with new tokens: MKR converts to SKY at 1:24,000, and DAI can be upgraded one-for-one to USDS. Both old and new tokens still circulate, so a price quoted for MKR and one quoted for SKY describe the same underlying claim at very different unit sizes β€” worth remembering before comparing them. USDS holders can earn the Sky Savings Rate, and SKY can be staked in the protocol for rewards set by governance.

SKY is an Ethereum token and costs ordinary Ethereum gas to move; converting between MKR and SKY, or DAI and USDS, is a contract call with the same cost profile.

SKY tracks demand for USDS and the protocol's collateral income, and reacts to governance decisions about the savings rate.

Sky at a glance

Launched
MakerDAO 2017; renamed to Sky in September 2024
Conversion
1 MKR β†’ 24,000 SKY; DAI β†’ USDS one-for-one, both reversible
Total supply
~23,460,000,000 SKY
Stablecoins
USDS alongside DAI, which still circulates
Savings
USDS holders can earn the Sky Savings Rate
Native staking
Yes β€” SKY can be staked for governance-set rewards

Frequently asked questions

οΌ‹How many SKY are there?

23.39 billion SKY were in circulation as of 5 August 2026, against a maximum of 23.46 billion β€” so 99.7% of everything that will ever exist has already been issued, leaving 69.17 million still to come. At that point issuance is close to finished, so future supply growth is not a meaningful factor in the price.

οΌ‹Can I stake SKY?

Yes β€” SKY can be staked for governance-set rewards. That is why there is no SKY staking calculator here: the tool reports rewards in units of the coin you staked, so it only covers networks that pay in that same asset. Publishing a page where the dollar figure was right and the unit was wrong would be worse than leaving it out.

οΌ‹Which SKY calculator should I use?

There are 5 on this page and they answer different questions. Start from what you are actually asking: what a past purchase would be worth now, what a position is worth today, where a leveraged position gets liquidated, or what regular buying would have produced. Each opens with the live SKY price already filled in, and every calculation runs in your browser β€” nothing is sent anywhere and nothing is stored.

οΌ‹Where does the SKY price on this page come from?

Live from CoinGecko when you press the price button, with the SKYUSDT pair on Binance as a fallback if that request fails. The request happens in your browser and carries nothing about you; if both fail the calculator keeps working with whatever figure you type in.

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