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SKALE Network

SKALE Network

Ethereum-native multichain network providing zero-gas transactions via configurable sidechains.

Launch Year
2020
Consensus
Delegated Proof of Stake
Max Supply
7,000,000,000 SKL
Block Time
~1 second
SKL
SKL
SKALE Network
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
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SKALE Network Price Chart

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About SKALE Network

SKALE Network is an Ethereum-native multichain platform that provides configurable, application-specific sidechains with zero gas fees for end users. Projects deploy their own SKALE chain, which is secured by a randomly assigned subset of SKALE validators staking SKL tokens. SKALE chains provide 400ms block times, fast finality, and no end-user gas costs—transaction fees are prepaid by the chain operator in SKL. This makes SKALE attractive for gaming, NFTs, and high-volume DeFi applications that need Ethereum security without the gas fee burden on users.

History

2018
SKALE Network is founded with a vision to provide scalable Ethereum sidechains.
2020
SKL token launches via CoinList public sale, raising $17.5 million for network development.
2020
SKALE mainnet launches with initial validator network and developer beta access.
2021
Multiple gaming and NFT projects deploy on SKALE, attracted by zero gas fees and fast transactions.
2023
SKALE introduces the Calypso Hub and Nebula Hub, themed application chains for NFTs and gaming.

How to Swap SKL

Exchanging SKALE Network (SKL) on SyntheticSwap is straightforward and requires no registration or identity verification. SKL is an ERC-20 token built on Ethereum, so you can use MetaMask, Coinbase Wallet, Trust Wallet, or any other Ethereum-compatible wallet to send and receive it. Select SKL in the SyntheticSwap interface, choose your destination coin, enter a receiving address, and confirm the rate. Your swap processes automatically — the destination token arrives in your wallet once the Ethereum transaction is confirmed.

How to Store SKL

Store SKL in any Ethereum-compatible wallet such as MetaMask or Ledger. SKL is an ERC-20 token on Ethereum, though it is used within SKALE chains for staking and chain rental.

Frequently Asked Questions