OpenSky Finance (OSKY)
1. Fundamental Analysis
1.1 Introduce
OpenSky Finance is the first hybrid NFT lending and borrowing protocol powered by Aave, offering peer-to-pool instant loans and peer-to-peer bespoke loans. It enables borrowers to seamlessly switch between these two types of loans in a single transaction. OpenSky Finance’s vision is to help NFT enthusiasts on Ethereum, Bitcoin and other leading chains to unlock and put their valuable NFTs to work with high capital efficiency and no price-based liquidation risk.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | OSKY | Market Cap | 32883.1 |
| Name | OpenSky Finance | White Paper | -- |
| Web Site | https://opensky.finance | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 100000000 | |
| Supply | 100000000 | Release Date | 2024-01-23 |
| Available Supply | 6670000 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.00493 | 0.00493 | 0.00493 | 0.00493 | 0.0 |
| 2024-12-31 | 0.00493 | 0.00493 | 0.00493 | 0.00493 | 0.0 |
| 2024-12-30 | 0.00493 | 0.00493 | 0.00493 | 0.00493 | 0.0 |
| 2024-12-29 | 0.0054 | 0.0054 | 0.00493 | 0.00493 | 50.19224 |
| 2024-12-28 | 0.0054 | 0.0054 | 0.0054 | 0.0054 | 0.0 |
| 2024-12-27 | 0.0054 | 0.0054 | 0.0054 | 0.0054 | 42.67971 |
| 2024-12-26 | 0.0062 | 0.0062 | 0.0062 | 0.0062 | 0.0 |
| 2024-12-25 | 0.0062 | 0.0062 | 0.0062 | 0.0062 | 0.0 |
| 2024-12-24 | 0.0062 | 0.0062 | 0.0062 | 0.0062 | 0.0 |
| 2024-12-23 | 0.0062 | 0.0062 | 0.0062 | 0.0062 | 7.999984 |
| 2024-12-22 | 0.00597 | 0.00597 | 0.00555 | 0.00555 | 256.3051848 |
| 2024-12-21 | 0.006 | 0.006 | 0.006 | 0.006 | 0.0 |
| 2024-12-20 | 0.006 | 0.006 | 0.006 | 0.006 | 0.0 |
| 2024-12-19 | 0.006 | 0.006 | 0.006 | 0.006 | 18.90996 |
| 2024-12-18 | 0.00652 | 0.00652 | 0.00652 | 0.00652 | 0.0 |
| 2024-12-17 | 0.00652 | 0.00652 | 0.00652 | 0.00652 | 0.0 |
| 2024-12-16 | 0.00602 | 0.00652 | 0.00602 | 0.00652 | 230.1852235 |
| 2024-12-15 | 0.00647 | 0.00649 | 0.00588 | 0.00602 | 11.9634216 |
| 2024-12-14 | 0.00598 | 0.00598 | 0.00598 | 0.00598 | 0.0 |
| 2024-12-13 | 0.00598 | 0.00598 | 0.00598 | 0.00598 | 5.9887906 |
| 2024-12-12 | 0.00616 | 0.00616 | 0.00596 | 0.00599 | 203.0679843 |
| 2024-12-11 | 0.00584 | 0.00661 | 0.00569 | 0.00609 | 276.0880085 |
| 2024-12-10 | 0.00613 | 0.00613 | 0.00613 | 0.00613 | 21.7165058 |
| 2024-12-09 | 0.00614 | 0.00614 | 0.00613 | 0.00613 | 16.6796299 |
| 2024-12-08 | 0.00615 | 0.00693 | 0.00583 | 0.00613 | 934.2711249 |
| 2024-12-07 | 0.00616 | 0.00616 | 0.00616 | 0.00616 | 0.0 |
| 2024-12-06 | 0.00619 | 0.00619 | 0.00616 | 0.00616 | 2.4599262 |
| 2024-12-05 | 0.00622 | 0.00622 | 0.00571 | 0.00571 | 14.6134649 |
| 2024-12-04 | 0.00578 | 0.00578 | 0.00561 | 0.00571 | 57.8684756 |
| 2024-12-03 | 0.00623 | 0.00653 | 0.00531 | 0.00578 | 546.851913 |
2.2 Analysis
The recent price action shows a period of consolidation followed by a downward trend, culminating in a significant drop on December 12th. Subsequent trading days exhibit low volume and minimal price fluctuation around the 0.005-0.006 range, suggesting a period of uncertainty and potential sideways movement. Short-term indicators point towards a bearish outlook with a potential for further price decline. However, long-term trend prediction requires more data and a more comprehensive analysis. Further observation is necessary to confirm any significant shifts in momentum.
