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 timelineLatest close in our data: $0.07486 (Coinbase Exchange SKY/USD daily close, 2026-10-14).
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.
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
Key events
- Dec 18, 2017launch
DAI launches
MakerDAO's decentralized stablecoin goes live. - Mar 12, 2020crash
Black Thursday liquidations
Maker vaults are liquidated for zero bids. - Sep 18, 2024launch
SKY and USDS launch
Maker relaunches as Sky. - 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. - 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.