Ask about Sky
Logo of SkySky(SKY)
Total Value Locked$5.655b

TVL by Chain

Ethereum$5.655b

Key Metrics

Fees 30d$27.13m
Fees 30d by chain

Ethereum$27.13m

Fees 7d$6.29m

Ethereum$6.29m

Fees 24h$901,868

Ethereum$901,868

Cumulative Fees$1.246b

Ethereum$1.246b

Revenue 30d$13.45m
Revenue 30d by chain

Ethereum$13.45m

Revenue 7d$3.11m

Ethereum$3.11m

Revenue 24h$453,573

Ethereum$453,573

Cumulative Revenue$757.08m

Ethereum$757.08m

Holders Revenue 30d$3.83m
Holders Revenue 30d by chain

Ethereum$3.83m

Holders Revenue 7d$1m

Ethereum$1m

Holders Revenue 24h$196,840

Ethereum$196,840

Cumulative Holders Revenue$164.9m

Ethereum$164.9m

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$212.31m

$13.45m

$3.11m

$453,573

$757.08m

Market Cap$1.479b

$SKY Price$0.063

All Time High$0.1

All Time Low$0.036

View $SKY token page

$1.481b

$1.487b

$SKY Volume 24h$11.88m

CEX Volume$8.92m

DEX Volume$4.39m(36.96% of total)

Staked$646.91m(43.73% of mcap)

Treasury$146.53m

$6.25

Stablecoins$212,634.15

Own Tokens$146.31m

Others$0.57

Total Raised$54.5m

Dec 15, 2017$12mRound: Investors: Polychain Capital, Andreessen Horowitz, Distributed Capital Partners, Scanate, FBG Capital, Wyre Capital, Walden Bridge Capital, 1Confirmation

Sep 24, 2018$15mRound: Investors: a16z

Dec 19, 2019$27.5mRound: Investors: Dragonfly Capital, Inflection, Paradigm

Protocol Information

Sky enables users to get rewarded for non-custodial saving with USDS.

WebsiteGitHubTwitterSafe Harbor Agreement
Categories:CDPRisk CuratorsRWA
Products:

Yields

Pools Tracked8

Average Supply APY3.81%

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

Sky Lending - Stability fees charged on DAI/USDS loans, liquidation income from collateral auctions, and PSM (Peg Stability Module) fees from USDC/DAI conversionsView code on GitHubSky Money - Total yields from deposited assets in all curated vaults.View code on GitHub

Revenue:

Sky Lending - Fees collected minus savings rate paid to DSR depositorsView code on GitHubSky Money - Yields are collected by curators.View code on GitHub

Holders Revenue:

Sky Lending - SKY token buybacks + staking rewards for sky stakersView code on GitHub

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Frequently Asked Questions

What is Sky's TVL?

Sky currently has $5.655b in total value locked. TVL has decreased 0.2% over the past 30 days.

What chains does Sky operate on?

Sky operates on Ethereum. Ethereum holds the largest share at 100%.

How much has Sky generated in fees and revenue?

Over the past 30 days, Sky generated $27.13m in fees. Of that, $13.45m was protocol revenue. Based on the trailing year, the annualized rate is $399.35m in fees and $212.31m in revenue.

What is the SKY token price and valuation?

SKY is currently trading at $0.063. Its circulating market capitalization is $1.479b, ranking it #74. Its fully diluted valuation is $1.481b. Supply currently stands at 23.427b circulating, 23.46b total supply, 23.463b maximum supply.

How has SKY performed recently?

SKY is down 8.3% over the past 7 days and up 24.3% over the past 30 days. Its all-time high is $0.1, reached on Dec 4, 2024. The token is currently 37.2% below that level.

Which protocols are included in Sky?

Sky is a parent protocol whose tracked products include Sky Lending, Sky Money, and Sky RWA.

How many yield pools does Sky have?

DefiLlama tracks 8 Sky yield pools with an average APY of 3.8%.

Does Sky have a treasury?

Sky has a tracked treasury currently valued at $146.53m. Its holdings include $212,634.15 in stablecoins, $6.25 in major assets, $146.31m in its own tokens, $0.57 in other assets.