Researched coins: 629
Exchanges: 1,020
Market Cap: 2.8T
24h Vol: 131.4B
EN

SKALE Price, Live Chart & Market Cap

SKALE (SKL): A Rapid, Gasless Ethereum-Linked Network for DeFi & NFTs

Understanding SKALE Network

SKALE is built for speed and zero-fee transactions. It integrates with Ethereum to manage staking and security. SKALE powers gaming, DeFi, and NFT projects needing high throughput. The network merges efficiency, scalability, and robust decentralization to create a seamless crypto experience.

SKALE: Fast, Zero-Fee Crypto Platform

Utility & Use Cases SKL

Staking Rewards

Staking Rewards

SKALE secures its chains through staked SKL. Users stake or delegate to validators and earn ongoing rewards for helping secure the network.
DAO Governance

DAO Governance

SKL holders can vote on network proposals. This gives the community power to shape updates and new features for the SKALE platform.
NFTs

NFTs

Artists and developers mint zero-fee NFTs on SKALE chains. This removes high gas costs and promotes wide-scale NFT adoption.
Multi-Chain Support

Multi-Chain Support

SKALE offers elastic sidechains for each dApp. Projects gain dedicated resources while leveraging Ethereum-based security.
Play-to-Earn

Play-to-Earn

Gaming apps use SKALE to run real-time actions and reward tokens without gas fees. Play-to-earn models thrive on fast finality.

SKALE Technologies Overview

Fast Transactions

Fast Transactions

SKALE’s architecture confirms blocks quickly, enabling near-instant transfers for dApps, DeFi, or gaming.
Low Fees

Low Fees

End users pay no gas on SKALE. Developers stake SKL to cover operational costs instead of passing fees to participants.
Cross-Chain Compatibility

Cross-Chain Compatibility

SKALE app-chains can communicate and bridge to Ethereum. Tokens and messages move easily across chains.
Smart Contracts

Smart Contracts

Fully EVM-compatible, SKALE supports Solidity-based contracts with the same tools as Ethereum, minus the gas burden.
Innovative Technology

Innovative Technology

SKALE merges proof-of-stake with random validator assignment, ensuring scalability while retaining strong decentralization.

Funding

SKALE secured major VC backing, raising $17.1M in 2019. A public token sale in 2020 followed, distributing SKL to thousands of participants. Ongoing grants promote new dApps and support broader adoption across the network.

Roadmap

Mainnet Launch (2020)

SKALE rolled out in phases, enabling validator staking, token transfers, and a fully decentralized core by late 2020.

SKALE V2 (2022)

The ‘SKALEVERSE’ upgrade introduced multichain communication, allowing frictionless transfers across SKALE networks.

Ecosystem Growth (2023)

More dApps and chains joined SKALE. Gaming, DeFi, and NFT apps capitalized on zero-fee transactions to attract users.

Pacifica V3 (2024)

SKALE halved block times and boosted throughput. This upgrade supported higher volumes and deepened Ethereum ties.

SKALE Security & Audit Reports

SKALE’s code has been audited by firms like ConsenSys and Quantstamp. Random validator selection and slashing protect each chain. Ethereum anchoring secures staking, while bug bounties encourage ongoing vigilance.

FAQ

How to stake SKL on SKALE?

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Delegate SKL to a validator through a supported wallet or staking portal. This earns staking rewards while supporting network security.

How to set up a SKALE wallet?

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Use any Ethereum-compatible wallet like MetaMask. Add the SKALE chain’s RPC details, then store and transact with SKL seamlessly.

What makes SKALE zero-fee for users?

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Developers stake SKL to cover costs. That subscription model eliminates gas fees for everyone using SKALE-based apps.

Where can I trade SKL?

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SKL is listed on major crypto exchanges, including Binance, Coinbase, and Huobi. You can also find it on DeFi platforms supporting ERC-20 tokens.

Is SKALE suitable for NFTs?

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Yes. Its zero-fee design helps artists and collectors mint and exchange NFTs quickly, making digital art more accessible.

Does SKALE support DeFi projects?

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Absolutely. DeFi apps benefit from fast confirmations, reduced network congestion, and frictionless user interactions on SKALE.

Top Crypto Exchanges to Trade SKALE (SKL)

# Exchange Pair Price 24h Volume
1 ~$0.041 $5,394,096
2 ~$0.041 $13,394,833
3 ~$0.041 $5,025,236
4 ~$0.041 $1,500,867
5 ~$0.041 $983,870
6 ~$0.041 $1,043,920
7 ~$0.041 $1,262,762
8 ~$0.041 $1,075,721
9 ~$0.041 $90,630
10 ~$0.041 $3,129,482
SKALE
SKALE SKL Price
#131
$0.022
-0.036%
Market Cap
Market capitalization of SKALE (SKL) represents the total value of all circulating tokens. It is calculated by multiplying the current price of one token by the total number of tokens in circulation
$125,075,032
Fully Diluted Variation
Fully diluted valuation of SKALE (SKL) represents the theoretical market cap if all tokens that will ever exist were in circulation. It provides insight into the long-term value projection assuming the maximum supply is reached
$131,574,667
24 Hour Trading Vol
24-hour trading volume shows the total amount of SKALE (SKL) traded across all exchanges over the past day. Higher volumes generally indicate more market liquidity and interest in the token
$13,571,694
Circulating Supply
Circulating supply shows the number of SKALE (SKL) tokens currently available and circulating in the market. This excludes locked, reserved, or unissued tokens that cannot be sold or traded
5,775,852,671
Total Supply
Total supply represents all SKALE (SKL) tokens that currently exist, including both circulating tokens and those locked in various protocols or treasuries. It excludes tokens that will be created in the future
6,076,000,000
Max Supply
Maximum supply indicates the absolute maximum number of SKALE (SKL) tokens that will ever exist. This is a hard cap programmed into the token's protocol that cannot be exceeded, ensuring scarcity over time
7,000,000,000

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