Sky SKY
crypto
Price History
Time underwater
How far below its previous all-time high the price sat, each month. 0% means a new high.
Worst drawdown: −100%, peaking Dec 2017 and bottoming Aug 2026 — still unrecovered after 104 months.
DCA Backtest
- Invested
- $10,600
- Value today
- $2,076
- Return
- -80.4%
- Months invested
- 106
Scenarios
Inflation — the same contributions merely keeping pace with CPI would be $12,432 today, so the real (inflation-adjusted) return is -83.3%.
Lump sum instead — $10,600 all at once in Nov 2017: $17.58 (-99.8%) — DCA came out ahead.
Worst timing — same monthly amount started at the all-time high (Dec 2017): $2,076 on $10,500 invested (-80.2%).
Backtests use monthly closing prices. Stock dividends aren’t reinvested, so long-run equity returns are understated.
If this saved you a spreadsheet — buy me a coffee.
Every start month at once
Each cell is the return-to-date of £/$/€100-a-month DCA started that month. Click a cell to load it in the backtest above. The ringed cell is the all-time-high start — the worst timing scenario.
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About Sky
SKY is a governance token, which is like a digital voting share, for Sky Protocol. This system launched in 2024 as a rebrand and upgrade of the older Maker Protocol. Sky Protocol’s main value lies in giving users a simple, secure way to trade, save, and earn rewards without ever giving up control of their funds. It is built around a stablecoin called USDS, which is always worth one US dollar, but it is completely decentralized. The protocol is run by automated agreements called smart contracts, so there’s no middleman controlling users' money. (CoinGecko)
It's a cryptocurrency categorised under stablecoins, with a market cap of about $1.6B.
There isn’t enough researched data to give it an overall rating yet — only 43% of the scoring weight is backed by facts, below the 60% needed. The score shown is partial and covers only what’s known.
What pushes the score up: market / volatility (3.7/5).
Not yet researched: supply & concentration, smart contract / technical, custody / bridge, governance / team, regulatory. These are excluded from the score rather than guessed, so the real risk may be higher than what’s shown.
Ratings summarise sourced facts against fixed rules — not investment advice, and no substitute for your own diligence.
Risk Profile
Only 43% of the weighting is fact-backed so far — not enough for an overall rating. The partial score covers the rated categories below; the unrated ones may be where this asset’s real risk sits.
- Annualised volatility (3yr)3/589.1
- Max drawdown from ATH5/5100.0
- Beta vs BTC3/50.91
- 24h volume / market cap5/50.45
- Top exchange % of volume1/515.2
- Significant listings1/529.0
- Top 10 wallets % of supplynot yet researched
- Unlocks in next 6mo, % of supplynot yet researched
- Annual supply growth %not yet researched
- Audit statusnot yet researched
- Admin key / upgradeabilitynot yet researched
- Share of its mining algorithm (PoW)not yet researched
- Bridge reliancenot yet researched
- Teamnot yet researched
- Largest staking operator, % of stakenot yet researched
- Regulatory profilenot yet researched
- Correlation to BTC2/50.46
Linked Assets
Same sector, or return-correlated — worth knowing what else might move if this one does.
- PayPal USD PYUSD+21% (weak)same category: stablecoins
- Aave AAVE+18% (weak)same category: stablecoins
- USDS USDS+12% (weak)same category: stablecoins
- Ripple USD RLUSD+10% (weak)same category: stablecoins
- Dai DAI+10% (weak)same category: stablecoins
- Tether USDT+5% (weak)same category: stablecoins
- USDC USDC-6% (weak)same category: stablecoins
- Ethena USDe USDE-8% (weak)same category: stablecoins