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Sky RWA(SKY)

Total Value Locked$70.31m

TVL by Chain

Ethereum$70.31m

Protocol Information

Real World Assets (RWAs) are a collateral type in the Maker Protocol which require legal entities to represent the MakerDAO in order to interact with real world counterparties in deals ratified by governance.

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Category:RWA

Sub Category: Treasury Bills

Methodology

TVL: Counts all the tokens being used as collateral of CDPs. On the technical level, we get all the collateral tokens by fetching events, get the amounts locked by calling balanceOf() directly, unwrap any uniswap LP tokens and then get the price of each token from coingecko

Competitors

Ethena USDtb ($475.67m)Re ($435.37m)Huma ($406.43m)Anemoy Capital ($333.66m)OpenTrade ($246.83m)Plume Vaults ($238.55m)Theo Network thUSD ($132.1m)Frax USD ($104.62m)Usual USD0 ($83.26m)stUSDT ($56.34m)

Frequently asked questions

What is Sky RWA's TVL?

Sky RWA currently has $70.31m in total value locked. TVL has decreased 2.7% over the past 30 days.

What chains does Sky RWA operate on?

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

How does Sky RWA's TVL compare to similar protocols?

Among RWA protocols tracked by DefiLlama, Sky RWA ranks #16 by TVL. The category holds $4.038b across 173 protocols, and Sky RWA accounts for 1.7% of that total. Other leading protocols include Ethena USDtb, Re, Huma, Anemoy Capital, OpenTrade, Plume Vaults, Theo Network thUSD, Frax USD, Usual USD0, and stUSDT.