SKY Perpetual on Hyperliquid
SKY Perpetual on Hyperliquid — price $0.07201 (+6.52% 24h), funding +0.0057%/1h, open interest $2.8M, 24h volume $507.6K. Annualized funding +50.3%. Source: Hyperliquid official · as of 2026-09-06 11:30 UTC
Daily closes spanning the full history since listing. Switch to 1M for finer hourly-snapshot detail (our moat, collected since 2026-06-14).
/api/hl/markets/sky-perp/history?format=csv&from=2026-06-14&to=2026-09-06&granularity=dailyDaily/weekly/monthly rollups from D1. File header carries the attribution line.
Historical data is free to cite and reuse with attribution — link this page or hyperacademy.io.
Predicted funding (Binance/Bybit normalized to a 1h basis). Informational only — not investment advice.
Sky is the rebranded continuation of MakerDAO, one of DeFi's oldest and most foundational protocols, known historically for issuing the DAI stablecoin through overcollateralized crypto vaults. Under the Sky branding, the legacy MKR token's role has shifted toward the SKY token alongside a restructured stablecoin system, reflecting a broader strategic pivot for the protocol. Because Sky sits at the core of DeFi's collateralized-lending and stablecoin infrastructure, SKY's price can be sensitive to stablecoin-market conditions, real-world-asset collateral trends, and governance decisions about the protocol's risk parameters. The tier assigned here is a lower one on Hyperliquid, consistent with a smaller-cap token that trades with thinner order-book depth. Funding on SKY-USD can move around governance votes, collateral-composition changes, or broader stablecoin-sector news.
What is Hyperliquid's leverage policy for SKY?
Hyperliquid's policy caps SKY at 3x leverage.
How does SKY relate to MakerDAO and MKR?
Sky is the rebranded continuation of MakerDAO, one of DeFi's oldest protocols, with the legacy MKR token's role shifting toward SKY under a restructured stablecoin system.
Why does SKY react to stablecoin-market news?
Sky's core business is collateralized lending and stablecoin issuance, so conditions in the stablecoin market and changes to collateral composition can directly affect the protocol's fee revenue and risk profile.
What is the SKY Perpetual funding rate on Hyperliquid?
As of the latest snapshot, SKY Perpetual funding is +0.0057%/1h (≈ +50.3% annualized). Hyperliquid settles funding every hour. As of 2026-09-06 11:30 UTC.
What are SKY Perpetual's 24h volume and open interest?
SKY Perpetual currently has $507.6K in 24h volume and $2.8M in open interest. As of 2026-09-06 11:30 UTC.
What is SKY Perpetual's all-time high on Hyperliquid?
SKY Perpetual's all-time high is $0.09047 on 2026-04-26; the all-time low is $0.03257 on 2025-10-10. The 52-week range is $0.03257–$0.09047. As of 2026-09-06 11:30 UTC.