Kairos assessment
relative to the top 250 · not a recommendation- Valuation
- Fair
- Risk
- High
- Technicals (daily)
- Bearish
- Macro
- Headwind
AI analysis: Sky
Valuation, bull & bear case, technicals, macro and triggers – from all live data
Opportunities & risks
Detected automatically from valuation, on-chain data, technicals, derivatives, development and news.
Opportunities 2
- Cheap relative to revenueImportant
P/S 9.3× – cheaper than 81% of protocols with revenue data.
- Market value below TVLRelevant
MCap/TVL 0.28 – common for lending/staking, otherwise a sign of a low valuation.
Risks 0
No notable risks right now.
Notes
- Golden crossRelevant
The SMA50 crossed above the SMA200 26 days ago. Whether this signal has had an edge so far is shown in the Indicator Check.
Well-known indicators
From daily candles · each row with context – whether a signal has helped so far is shown in the Indicator Check
- 50- and 200-day linesGolden cross50-day line above the 200-day line since Oct 01, 2026Historically tested – Golden cross for Bitcoin: tendency, not confirmed (8 signals) →
- RSI (14 days)36neutral (30–70)Historically tested – RSI oversold for Bitcoin: no clear edge (21 signals) →
- MACDnegativeshort-term momentum weaker than recently
- Bollinger position−4%below the lower band
- ATR (14 days)7.3%typical daily move ±7.3%
- Mayer Multiple0.96in the usual range (0.8–2.4)Historically tested – Mayer Multiple low for Bitcoin: no clear edge (16 signals) →
- Distance to all-time high−36%high on Oct 05, 2026
- Max. drawdown 1 year−45%largest drop from a high in 12 months
- Sharpe ratio 1 year0.43moderate
- Beta / correlation to Bitcoin1.16 / 0.54swings more than Bitcoin
- Volume trend+40%trading is increasing
Why this assessment?
Every value is built from factors – value, percentile (0–100) and weight. Everything is relative to the top 250: a model-based assessment, not a recommendation. What actually works: Track Record
- TVL growth 30 d−9.9%59 · 30 %
- Fee growth 30 d+5.0%66 · 30 %
- Value capture (revenue/fees)47.1%55 · 15 %
- TVL size$5.47B90 · 15 %
- Fee volume 30 d$28.37M91 · 10 %
The Growth Score is the fundamentals pillar – unchanged in a live test since 29 Sep 2026. In the backtest it was the only pillar positively linked to later performance. We picked it after looking at the data, so it is a hypothesis, not a forecast.
News
No recent articles on CoinDesk, Cointelegraph or Decrypt.
Key figures
Market
Supply
100% of max supply circulating
All-time high & low
Price range and trend
Sideways · points verdict from trend, RSI, MACD and crosses: Bearish (36/100)
Fundamentals (on-chain)
Sky · CDP · DefiLlama
Derivatives (Binance perps)
SKYUSDT
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. The system uses two main tokens: USDS for stable savings, and SKY for community governance. users can help secure the network and earn rewards by staking their SKY tokens in the Staking Engine, which is like locking them in an interest-bearing account to help the system run. The protocol also uses SkyLink to seamlessly connect users' funds across different blockchains for faster and cheaper transactions. The Sky Protocol is unique because it has no single CEO or traditional core team of investors; instead, it is managed entirely by its global community of SKY token holders. This decentralized setup means that SKY is primarily used for two core utilities: it grants essential voting power to decide on all major system changes, and it can be staked in the Staking Engine to help secure the network and earn rewards. Staking also provides holders with the ability to borrow the USDS stablecoin, making SKY the essential key for both governance and income generation within the ecosystem.
Price target check for Sky
What would Sky need for these prices? With market cap needed, comparison and history.