IDEX vs Sky — how do they compare? IDEX trades at Rp33.85 (market cap Rp74,11M, Rp36,08M 24h volume), while Sky trades at Rp951.91 (market cap Rp22,32T, Rp172,2M 24h volume). The key difference: Sky is far larger — about 301173.9× IDEX's market cap, and Sky's supply is capped (23,4B / 23,5B SKY (100%)) while IDEX's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold IDEX for 20 Days and Sky for 15 Days on average.
| IDEX | SKY | |
|---|---|---|
Market Cap | Rp74,11M | Rp22,32T |
Volume (24h) | Rp36,08M | Rp172,2M |
Circulating Supply | 1B IDEX | 23,4B / 23,5B SKY (100%) |
Typical Hold Time | 20 Days | 15 Days |
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IDEX describes itself as the first hybrid liquidity DEX, merging an order book model with an automated market maker (AMM). It combines the speed and functionality of traditional order books with the security and liquidity of AMMs. By integrating an off-chain trading engine with on-chain trade settlement, IDEX offers a unique approach to decentralized exchanges.
Read more on IDEX →Sky (SKY) is the governance token of Sky Protocol and an upgraded version of MakerDAO, built to make DeFi more accessible, scalable, and rewarding through modular, non-custodial tools.
Read more on SKY →