How do I calculate my average SKY price?

Add up what you spent across all buys, then divide by the total number of SKY you received. Weighting by size is essential — buying 1 SKY high and 9 SKY low gives an average far closer to the low price.

Does averaging down lower my break-even?

Yes, arithmetically — buying more SKY below your entry pulls the weighted average down. It also increases your position size, so the same percentage move against you now costs more in dollars. Check the new position against your risk limit before adding.

Do exchange fees change my cost basis?

In most tax systems acquisition fees are added to cost basis, which raises your true break-even slightly above the raw weighted average. SKY is an Ethereum token and costs ordinary Ethereum gas to move; converting between MKR and SKY, or DAI and USDS, is a contract call with the same cost profile.

How do I calculate average entry price?

Average entry = total cost ÷ total coins. Multiply each buy's price by its amount, sum them, then divide by total coins held.

What is averaging down?

Buying more of an asset at a lower price to reduce your average entry, so a smaller recovery is needed to break even.

Sky · SKY

Sky Average Buy Price Calculator

Work out your weighted average Sky (SKY) entry price across multiple buys — and see exactly where your break-even sits.

Result

Enter values to see the result.

Using the Sky Average Buy Price Calculator

If you bought SKY more than once, your break-even is not the midpoint of the two prices — it is the weighted average, where the larger buy pulls the average toward its own price. This calculator does that weighting for you across two entries, which is the case that trips people up most often when they average down.

The weighted average is also your cost basis for tax in most jurisdictions, though the accepted method differs by country — some require FIFO, others mandate an average-cost approach. Our region-by-region crypto tax guides cover which method applies where before you rely on this figure for a return.

SKY tracks demand for USDS and the protocol's collateral income, and reacts to governance decisions about the savings rate. That is the practical argument for knowing your true average: it tells you the exact SKY price at which the position stops being a loss, which is a much more useful anchor during a drawdown than the price of your first buy.

Sky at a glance

Launched: MakerDAO 2017; renamed to Sky in September 2024
Conversion: 1 MKR → 24,000 SKY; DAI → USDS one-for-one, both reversible
Total supply: ~23,460,000,000 SKY
Stablecoins: USDS alongside DAI, which still circulates
Savings: USDS holders can earn the Sky Savings Rate
Native staking: Yes — SKY can be staked for governance-set rewards

Frequently asked questions

How do I calculate my average SKY price?: Add up what you spent across all buys, then divide by the total number of SKY you received. Weighting by size is essential — buying 1 SKY high and 9 SKY low gives an average far closer to the low price.
Does averaging down lower my break-even?: Yes, arithmetically — buying more SKY below your entry pulls the weighted average down. It also increases your position size, so the same percentage move against you now costs more in dollars. Check the new position against your risk limit before adding.
Do exchange fees change my cost basis?: In most tax systems acquisition fees are added to cost basis, which raises your true break-even slightly above the raw weighted average. SKY is an Ethereum token and costs ordinary Ethereum gas to move; converting between MKR and SKY, or DAI and USDS, is a contract call with the same cost profile.
How do I calculate average entry price?: Average entry = total cost ÷ total coins. Multiply each buy's price by its amount, sum them, then divide by total coins held.
What is averaging down?: Buying more of an asset at a lower price to reduce your average entry, so a smaller recovery is needed to break even.

More SKY calculators

Sky Profit Calculator

Free Sky (SKY) profit calculator. Enter your buy and sell price to see SKY profit, loss, ROI and fees — prefilled with the live SKY price.

Sky DCA Calculator

Free Sky (SKY) dollar-cost-averaging calculator. Model recurring SKY buys to see coins accumulated, average entry and portfolio value at today's live price.

Sky Liquidation Price Calculator

Find the exact Sky (SKY) price that liquidates your leveraged position. Prefilled with the live SKY price — set your leverage and direction.

Sky Market Cap Calculator

Calculate Sky (SKY) market cap from the live SKY price and circulating supply — plus FDV, and the price SKY would need to reach any target valuation.

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Prefer the generic version without SKY presets? Open the Average Entry Price Calculator.

For educational purposes only. Rates, fees and protocol parameters change — verify current figures with your exchange or validator before acting. Not financial advice.