Analysis for Sky

Description & usage

Sky is a DeFi and governance-oriented asset in the Sky ecosystem, emerging from Maker-related protocol structures. The token is used for governance decisions and ecosystem coordination. Relevant factors include governance activity, protocol usage, and stability of the underlying DeFi mechanics.

SKY is mainly used for governance participation and ecosystem-level coordination in Sky protocol structures.

Basic info

Symbol: SKY
Category: DeFi
Available history: 1.1 years
Last trading day: 06/04/2026

Market context

DXY: 120.89last available value
US 10Y Real: 1.99%
Fed Balance: $6.68T
CPI YoY: 2.4%
Fed Rate: 3.75%
US 10Y: 4.35%

VIX: 24.54
HY OAS: 3.17%
Brent: $121.88
Core CPI: 2.5%
US 2Y: 3.84%
ISM PMI: –

Score overview

Analysis summary

Overall, the chart looks stable rather than strongly directional. Performance is currently doing more of the work than trend, with sub-scores of 81 for performance, 65 for stability and 57 for trend.

There is little technical support visible in this weaker setup. The current drawdown sits around 30.0 %, so the damage is still a central part of the read rather than a stabilizing feature.

The main drag is that the trend still lacks breadth. Trend strength is still weak and relative strength sits at 33.6 %, so the move is present but not fully convincing.

The next important lever is clearer trend acceleration. A stronger momentum pulse would turn a merely stable chart into a more convincing trend.

Historical evaluation and qualitative market context only, not investment advice.