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Sky (formerly Maker) logo SKY

Sky (formerly Maker): history, founders and key events

From Sep 18, 2024 (Maker since 2017) to today, every major rally, crash and upgrade, each with a dated, sourced price.

Open the interactive timeline
5dated events
5years covered
462daily closes charted
6source links

Latest close in our data: $0.07486 (Coinbase Exchange SKY/USD daily close, 2026-10-14).

LaunchedSep 18, 2024 (Maker since 2017)
ConsensusNot its own chain (ERC-20 governance token)
SupplyAbout 24 billion SKY (1 MKR converts to 24,000 SKY)

Origin story

Sky is the new name of MakerDAO, the protocol founded by Rune Christensen that issued DAI, the first major decentralized stablecoin, in December 2017.

In August 2024 Maker rebranded as Sky, and on September 18, 2024 the SKY token and the USDS stablecoin launched, with MKR convertible at 24,000 SKY each.

Founders: Rune Christensen; MakerDAO.

Sky (formerly Maker) price, USD
launchrallycrashupgradelegalforkoutagemilestone

Source: Coinbase Exchange SKY/USD daily closes 2025-07-10 to 2026-10-14. Fetched Oct 14, 2026 from free public APIs. Click a dot for the event and its price on that day.

Browse by year

20172020202420252026

Key events

  1. Dec 18, 2017launch
    DAI launches
    MakerDAO's decentralized stablecoin goes live.
  2. Mar 12, 2020crash
    Black Thursday liquidations
    Maker vaults are liquidated for zero bids.
  3. Sep 18, 2024launch
    SKY and USDS launch
    Maker relaunches as Sky.
  4. Jul 10, 2025milestone
    First daily close in our data $0.0851 (Coinbase Exchange SKY/USD daily close, 2025-07-10)
    Our sourced SKY price history begins on this day.
  5. Oct 4, 2026rally
    Highest close in our data $0.09766 (Coinbase Exchange SKY/USD daily close, 2026-10-04)
    The highest daily close for SKY in our price history.

Updated

Sources

Facts written in our own words. Last checked Oct 14, 2026.