SKL
$0.01

SKALE (SKL) Price

$0.01
1m
5m
15m
1h
4h
1d
1w

SKALE (SKL) Price Today

The live price of SKALE is 0.01 USD. In the past 24 hours, the trading volume of SKALE was 9,009,326.72 USD, down by -0.30%. The current price has decreased by -24.52% from its 7-day high of 1.22 USD, and increased by 0.01% from its 7-day low of 0.01 USD. With a circulating supply of 6,076,000,000.00 SKALE, the market cap of SKALE is currently 194,939,158.00 USD, down by 0% in the last 24 hours. SKALE currently ranks #491 by market capitalization among cryptocurrencies.

SKALE (SKL) Market Data

Market Cap
$80.5M
24h Volume
$9M
Circulating Supply
6B SKL
Maximum Supply
7B SKL
Fully Diluted Market Cap
$80.7M
Liquidity Indicator
11.19%
About
Rate
Leaderboard
FAQ

About SKALE (SKL)

How can I buy SKALE (SKL)?

Buying SKALE (SKL) on BingX is simple and secure. Create an account, deposit USDT or another supported asset, and purchase SKALE (SKL) directly in the Spot Market. The tokens will then appear in your BingX Spot Wallet, ready for trading or transfer at anytime. Discover How to Buy SKL Guide for more information.

What Is SKALE (SKL) and How Does It Work?



SKALE (SKL) is an Ethereum-native, modular scaling network designed for the emerging Internet of Agents, a new era where AI agents operate onchain, exchange data, perform tasks, and settle micropayments autonomously. SKALE provides developers with dedicated, high-performance SKALE Chains that deliver zero-gas transactions, instant finality, and private execution, enabling dApps and AI systems to run faster, cheaper, and more securely than on traditional Layer-1 or Layer-2 networks. These chains are fully EVM-compatible, so developers can deploy Ethereum smart contracts or AI-driven agents without modifying their code.

SKALE operates with a pooled-security validator model, where hundreds of validator subnodes secure multiple chains simultaneously. Instead of charging end users gas fees, SKALE uses a subscription-based model where developers “rent” elastic chains for compute, storage, and bandwidth. This design allows SKALE to offer zero gas fees for all user transactions, including AI agent activity, while preserving Ethereum-level security through validator staking, random node rotation, and cryptographic guarantees.

The SKL token powers this ecosystem. It is used for staking, validator rewards, chain subscriptions, governance, and network security. SKALE also introduces advanced features such as BITE (Blockchain Integrated Threshold Encryption) for private onchain execution and support for x402 or ERC-8004 machine payments, enabling agents to perform automated pay-per-use actions. By combining modular infrastructure, privacy, massive throughput, and ultra-fast execution, SKALE is built to support the next generation of AI agents, gaming, and DeFi applications, delivering a Web2-level user experience without sacrificing decentralization.

When Did SKALE Launch?


The SKALE Labs project was founded by Jack O’Holleran and Stan Kladko through their teams in early 2018 as a solution to scaling issues on the Ethereum network. After roughly 2.5 years of development and testing, SKALE launched its phased mainnet, Phase 1 on June 30, 2020.

SKALE Roadmap: Key Highlights


- June 30, 2020 — Mainnet Phase 1 launch, with restricted functionality

- October 1, 2020 — Mainnet Phase 2 launch, staking and delegation enabled

- December 1, 2020 — Mainnet Phase 3 launch and/or token unlock, full functionality and broader exchange listings

- 2022 — Announcement of SKALE V2 and a $100 million ecosystem fund for developers

- Q4 2025 (expected) — Integration with FAIR Blockchain (MEV-resistant L1) announced as a future milestone.

What Is the SKL Token Used for?


The SKL token is the native utility and governance asset of the SKALE Network, used to secure the ecosystem, pay for chain subscriptions, and participate in on-chain decision-making. SKL holders can stake or delegate their tokens to validators to help secure SKALE Chains and earn rewards, while developers use SKL to rent elastic SKALE Chains that power their dApps. The token also grants governance rights, allowing holders to vote on network upgrades, economic parameters, and protocol changes.

You can trade SKL tokens on the BingX spot market by depositing crypto or buying USDT with a card or local payment option, then selecting the SKL/USDT trading pair. Once funded, simply place a market or limit order to buy or sell SKL instantly with low fees and fast execution.

What Is SKALE Tokenomics?


SKL has a fixed maximum supply of 7 billion tokens, with allocations distributed across validator rewards, delegator incentives, ecosystem development, the foundation, the team, and early supporters.

SKL Token Allocation


- Validator Rewards — 33.0%: Allocated to incentivize validators who secure SKALE Chains, verify transactions, and maintain overall network performance.

- Delegator Allocation (Early Supporters + Public Allocation) — 28.1%: Distributed across early contributors, public participants, and token holders who delegate SKL to validators to help secure the network.

- Broader Founding Team — 16.0%: Reserved for founders and early team members with long-term vesting schedules to ensure aligned incentives and continued development.

- SKALE Foundation — 10.0%: Supports grants, governance initiatives, ecosystem expansion, and ongoing operational needs tied to protocol stewardship.

- Protocol Development Fund — 7.7%: Dedicated to protocol upgrades, engineering resources, R&D, and long-term technical maintenance of the SKALE Network.

- Core Team Pool — 4.0%: Used to reward core contributors, developers, and key staff supporting network growth and operations.

- Ecosystem Fund — 1.3%: Supports dApp projects, integrations, marketing, and ecosystem partnerships that grow usage across SKALE Chains.

How to Stake SKL Tokens on SKALE


Staking SKL allows you to earn rewards by helping secure the SKALE Network. Instead of running your own validator node, you can delegate your SKL tokens to an existing validator, who performs the technical work on your behalf. The process is simple, non-custodial, and designed to support SKALE’s elastic sidechain infrastructure.

To stake SKL, transfer your tokens to a self-custody wallet that supports staking, such as MetaMask, Ledger (via MetaMask), or any ERC-777/ ERC-20 compatible Web3 wallet. Next, visit the official SKALE Staking Portal on the SKALE Network or ConsenSys Activate, connect your wallet, choose a validator, and select the amount of SKL you want to delegate. Once confirmed, your SKL enters a staking period where you earn rewards based on validator performance, uptime, and overall network activity.

Staked SKL remains in your wallet and can be undelegated after the lock-up period defined by the network. Rewards are distributed at the end of each staking epoch, and you can track them directly through the staking dashboard. By staking SKL, you help secure SKALE Chains, support zero-gas applications, and earn passive income through validator rewards.

What Blockchain Network Does SKALE Operate on?


SKALE operates as an Ethereum-native multichain network, built to scale the Ethereum ecosystem without compromising its security. It uses Ethereum as its base layer for validator staking, economic settlement, and network governance, while running high-performance SKALE Chains in parallel to handle execution. These elastic, EVM-compatible chains plug directly into Ethereum, allowing developers to deploy smart contracts with zero gas fees for users while benefiting from Ethereum’s proven decentralization and security model.

How to Store SKL Tokens Securely


The safest and easiest way to store SKL tokens is by keeping them in your BingX account wallet, especially if you actively trade or monitor price movements. BingX uses industry-grade security standards, cold-wallet reserves, and multi-layer protection to safeguard user assets. This option gives you instant access to SKL spot trading pairs, seamless deposits and withdrawals, and a secure environment managed by a leading global exchange.

If you prefer full self-custody, you can store SKL in any ERC-20/ERC-777 compatible wallet, such as MetaMask, Ledger (via MetaMask), Trust Wallet, or Base App. These wallets allow you to hold your SKL tokens directly on the Ethereum blockchain and also give you the option to stake or delegate SKL through the official SKALE staking portals. For maximum security, always back up your recovery phrase offline, enable hardware wallet support, and keep a small amount of ETH in your wallet to cover transaction fees.

Is SKALE (SKL) a Good Investment?


SKALE (SKL) stands out as a strong investment candidate because it addresses one of blockchain’s biggest challenges, scalability, while enabling a new era of AI agents, zero-gas transactions, and privacy-preserving smart contract execution. Its modular, Ethereum-native architecture allows developers to deploy high-performance SKALE Chains that deliver instant finality, private compute, and gas-free user interactions, making it ideal for gaming, AI automation, DeFi, and high-volume applications.

With growing adoption, expanding integrations such as SKALE Expand on Base, strong validator participation, and billions in gas fees saved, SKALE positions itself as a future-proof infrastructure layer within the Ethereum ecosystem. As demand for AI-powered dApps and onchain automation rises, the utility and long-term value of the SKL token, used for staking, security, chain subscriptions, and governance, may continue to strengthen.

Info Source

Official Website

New Cryptocurrencies and Listings

Explore newly-listed crypto assets on BingX and never miss the next opportunity.

New Cryptos

RLS/USDTRLS
$0.02322
-21.28%
GAIX/USDTGAIX
$0.12198
+106.67%
TEN/USDTTEN
$0.00955
-5.53%
CHOG/USDTCHOG
$0.004431
+3.23%
BAY/USDTBAY
$0.0597
-17.08%

Frequently Asked Questions about SKL (SKALE)

How much is 1 SKL (SKALE) worth?
What is the price prediction for SKL (SKALE)?
What is the all-time high price of SKL (SKALE)?
What is the all-time low price of SKL (SKALE)?
How many SKL (SKALE) are there in circulation?
What is the market capitalization of SKL (SKALE)?
What affects the price of SKL (SKALE)?
Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.