SKALE Network
Market Open
13 Jun, 21:14
$
0. 004200
0
0%
$
24.21M Volume
$ 0.0042
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SKLUSD Overview
SKLUSD denotes the exchange rate between SKALE Network’s native token (SKL) and the United States dollar (USD). It expresses how many US dollars are required to buy one SKL and is used to quote the token’s market value in fiat terms.
SKL is the utility token of the SKALE Network, a decentralized, Ethereum-compatible blockchain designed to provide elastic sidechains and scalable smart contract execution. The protocol was developed by SKALE Labs, led by industry founders including Jack O’Holleran and Stan Kladko, and launched in the late 2010s. SKL functions as a staking and governance asset within the network, supporting validators and securing transactions.
The SKLUSD price is determined by supply and demand across spot markets and derivatives venues. On-chain metrics such as staking activity, token unlock schedules and developer adoption can influence valuation, while broader crypto market sentiment, macroeconomic conditions and liquidity on major exchanges also drive short-term moves.
SKLUSD matters to traders and investors as a means of accessing exposure to SKALE’s ecosystem in dollar terms. Market participants use the pair for speculation, portfolio allocation, arbitrage and to evaluate the network’s adoption through price signals.
Like many digital-asset pairs, SKLUSD can exhibit elevated volatility and liquidity varies by exchange, so execution risk and slippage should be considered when trading.
SKL is the utility token of the SKALE Network, a decentralized, Ethereum-compatible blockchain designed to provide elastic sidechains and scalable smart contract execution. The protocol was developed by SKALE Labs, led by industry founders including Jack O’Holleran and Stan Kladko, and launched in the late 2010s. SKL functions as a staking and governance asset within the network, supporting validators and securing transactions.
The SKLUSD price is determined by supply and demand across spot markets and derivatives venues. On-chain metrics such as staking activity, token unlock schedules and developer adoption can influence valuation, while broader crypto market sentiment, macroeconomic conditions and liquidity on major exchanges also drive short-term moves.
SKLUSD matters to traders and investors as a means of accessing exposure to SKALE’s ecosystem in dollar terms. Market participants use the pair for speculation, portfolio allocation, arbitrage and to evaluate the network’s adoption through price signals.
Like many digital-asset pairs, SKLUSD can exhibit elevated volatility and liquidity varies by exchange, so execution risk and slippage should be considered when trading.
SKLUSD Chart
SKLUSD FAQ
What is the current SKALE Network price?
The current price is $0.004200, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by 0 (0%), showing how much the asset has moved compared to the previous close.
What is the previous close for SKALE Network?
The previous close was $0.004200, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (0%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($0.004200) and highest ($0.004400) prices traded during the selected period, helping assess volatility.
Why is SKALE Network (SKL) moving today?
Price movements in SKALE Network are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($0.004200) is below the previous close ($0.004200), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for SKALE Network?
You can view real-time charts, price updates, and market data for SKALE Network (SKL) directly on this page.
