How Much is Sky Worth
Evaluate Sky's worth using your own investment criteria with Fundamentally's Focus system.
Understanding Sky's Value
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, ...
What Determines Sky's Worth?
Understanding what Sky is truly worth requires looking beyond the current price. As a notable cryptocurrency ranked #80, SKY can be evaluated using Fundamentally's Focus system to determine its worth based on your investment thesis.
Price vs. Value
Price is what the market says Sky costs right now. Value is what SKY is fundamentally worth based on criteria you define—technology, adoption, team, tokenomics, and utility. Fundamentally helps you evaluate this systematically rather than guessing.
Key Factors to Evaluate for Sky
- Technology and innovation in the Decentralized Finance (DeFi) space
- Network adoption and active user base
- Development activity and roadmap execution
- Tokenomics and supply dynamics
- Your personal conviction based on research
How Fundamentally Helps Evaluate Sky
Build Your Lens
Your CriteriaCreate a custom Lens with questions that matter for evaluating Sky. Define criteria like technology, team, adoption, and tokenomics.
Evaluate the Asset
Focus ScoreAnswer your Lens questions for SKY to generate a Focus score (0-100). This score represents your personal conviction based on your research.
Compare Assets
Objective ComparisonUse the same Lens to evaluate multiple assets and compare Focus scores. See how Sky stacks up against similar investments using your criteria.
Custom Lens
Build evaluation frameworks with questions that matter for Sky's specific category.
Focus Score
Generate a 0-100 score for SKY based on your answers to your Lens questions.
Asset Comparison
Compare Sky against similar assets using the same criteria for objective evaluation.
Position Sizing
Your Focus score maps to suggested bet sizes so SKY allocation matches your conviction.
Frequently Asked Questions
Create a custom Lens in Fundamentally with questions relevant to SKY. Answer them based on your research to generate a Focus score (0-100). As a notable cryptocurrency ranked #80, Sky can be evaluated against the criteria that matter to your investment thesis.
Stablecoins like Sky compete on trust, transparency, and stability. Evaluate SKY based on reserve composition, audit frequency, peg stability history, and regulatory compliance.
Evaluate Sky's True Worth
Go beyond price charts with Fundamentally's Focus-based evaluation system.