Key Metrics
Fees 30d$26.96m
Fees 30d by chain
Ethereum$26.96m
Fees 7d$6.25m
Ethereum$6.25m
Fees 24h$886,796
Ethereum$886,796
Cumulative Fees$1.24b
Ethereum$1.24b
Revenue 30d$13.45m
Revenue 30d by chain
Ethereum$13.45m
Revenue 7d$3.1m
Ethereum$3.1m
Revenue 24h$420,508
Ethereum$420,508
Cumulative Revenue$755.29m
Ethereum$755.29m
Holders Revenue 30d$3.36m
Holders Revenue 30d by chain
Ethereum$3.36m
Holders Revenue 7d$906,605
Ethereum$906,605
Holders Revenue 24h$130,791
Ethereum$130,791
Cumulative Holders Revenue$164.28m
Ethereum$164.28m
Staked$621.98m
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 APY3.8%
Competitors
Frequently Asked Questions
What is Sky Lending's TVL?
Sky Lending currently has $5.473b in total value locked. TVL has decreased 2.5% 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 $26.96m in fees. Of that, $13.45m was protocol revenue. Based on the trailing year, the annualized rate is $398.49m in fees and $214.41m 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 $7.477b across 203 protocols, and Sky Lending accounts for 73.4% 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 3.8%.