Pendle vs Sky — how do they compare? Pendle trades at Rp23,990 (market cap Rp4,14T, Rp261,58M 24h volume), while Sky trades at Rp943.09 (market cap Rp22,16T, Rp161,04M 24h volume). The key difference: Sky is far larger — about 5.4× Pendle's market cap, and Sky's supply is capped (23,4B / 23,5B SKY (100%)) while Pendle's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Pendle for 33 Days and Sky for 15 Days on average.
| PENDLE | SKY | |
|---|---|---|
Market Cap | Rp4,14T | Rp22,16T |
Volume (24h) | Rp261,58M | Rp161,04M |
Circulating Supply | 172,1M PENDLE | 23,4B / 23,5B SKY (100%) |
Typical Hold Time | 33 Days | 15 Days |
Signals from Pluang's Aura AI — not financial advice
Pendle is currently trading at Rp23,990 with a market cap of Rp4.13T, showing bearish technical signals across moving averages and oscillators. The token's RSI levels at 21.09 (6-day) and 28.26 (12-day) suggest oversold conditions, while ADX readings indicate strong bearish momentum. Key support levels are clustered around Rp23,448-Rp23,637, with resistance at Rp23,826-Rp24,015. Average hold time of 33 days suggests moderate trader retention despite current bearish pressure.
Overall outlook remains cautious with oversold RSI potentially signaling near-term bounce opportunities, but bearish momentum and weak technical structure present significant downside risks. Major concerns include sustained selling pressure and lack of positive catalyst momentum. Investors should monitor support level breaks and volume patterns for directional confirmation.
SKY token trades at Rp942.97 with a market cap of Rp22.06T, showing bearish technical signals with 18 sell indicators versus 2 buy signals. The token is near full circulating supply at 23.4M/23.5M SKY. Technical analysis indicates strong bearish momentum with RSI levels suggesting potential oversold conditions at RSI_6=25.09 and RSI_12=20.62, while ADX readings show strong trend strength. Support levels cluster around Rp906-Rp933 with resistance at Rp960-Rp987.
Overall outlook remains cautious with bearish technical dominance. Key opportunity lies in potential oversold bounce from support zones, while major risks include continued selling pressure and limited fundamental developments. Investors should monitor Rp906 support breach for further downside confirmation.
What Pluang investors did over the last 30 days
Pendle is a protocol that enables the tokenization and trading of future yield. With the creation of a novel AMM that supports assets with time decay, Pendle gives users more control over future yield by providing optionality and opportunities for its utilization.
Read more on PENDLE →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 →