Key Metrics
Fees 30d$27.01m
Fees 30d by chain
Ethereum$27.01m
Fees 7d$6.25m
Ethereum$6.25m
Fees 24h$894,712
Ethereum$894,712
Cumulative Fees$1.239b
Ethereum$1.239b
Revenue 30d$13.48m
Revenue 30d by chain
Ethereum$13.48m
Revenue 7d$3.11m
Ethereum$3.11m
Revenue 24h$451,251
Ethereum$451,251
Cumulative Revenue$754.42m
Ethereum$754.42m
Holders Revenue 30d$3.18m
Holders Revenue 30d by chain
Ethereum$3.18m
Holders Revenue 7d$904,850
Ethereum$904,850
Holders Revenue 24h$130,616
Ethereum$130,616
Cumulative Holders Revenue$164.02m
Ethereum$164.02m
Staked$654.77m
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
Annual Operational Expenses$27.66m
Headcount97
Others$7.91m
Salaries$18.54m
Delegates$1.21m
Sourceshttps://expenses.makerdao.network/https://expenses.makerdao.network/recognized-delegates/finances/reports?viewMonth=Feb2023
NotesBased on data from Feb 2023
Last UpdateApr 29, 2023
Protocol Information
The USDS stablecoin powers the open Sky ecosystem. It is the upgraded version of DAI, providing new ways for you to have more rewarding crypto experiences.
Audits:
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. Also includes PSM USDC balance.View code on GitHubFees: Stability fees charged on DAI/USDS loans, liquidation income from collateral auctions, and PSM (Peg Stability Module) fees from USDC/DAI conversionsView code on GitHubRevenue: Fees collected minus savings rate paid to DSR depositorsView code on GitHubHolders Revenue: SKY token buybacks + staking rewards for sky stakersView code on GitHubYields
Pools Tracked8
Average Supply APY3.94%
Competitors
Frequently Asked Questions
What is Sky Lending's TVL?
Sky Lending currently has $5.543b in total value locked. TVL has decreased 1.7% over the past 30 days.
What chains does Sky Lending operate on?
Sky Lending operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Sky Lending generated in fees and revenue?
Over the past 30 days, Sky Lending generated $27.01m in fees. Of that, $13.48m was protocol revenue. Based on the trailing year, the annualized rate is $399.12m in fees and $215.41m in revenue.
How does Sky Lending's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, Sky Lending ranks #1 by TVL. The category holds $7.896b across 203 protocols, and Sky Lending accounts for 70.2% of that total. Other leading protocols include USDD, Liquity V1, crvUSD, Liquity V2, Frankencoin, Reservoir Protocol, Inverse Finance FiRM, BIMA CDP, Abracadabra Spell, and Inverse Finance Frontier.
How many yield pools does Sky Lending have?
DefiLlama tracks 8 Sky Lending yield pools with an average APY of 3.9%.