Ask about Sky
Logo of SkySky(SKY)
Total Value Locked$5.844b

TVL by Chain

Ethereum$5.844b

Key Metrics

Fees 30d$27.07m
Fees 30d by chain

Ethereum$27.07m

Fees 7d$6.29m

Ethereum$6.29m

Fees 24h$900,013

Ethereum$900,013

Cumulative Fees$1.249b

Ethereum$1.249b

Revenue 30d$13.46m
Revenue 30d by chain

Ethereum$13.46m

Revenue 7d$3.13m

Ethereum$3.13m

Revenue 24h$459,458

Ethereum$459,458

Cumulative Revenue$758.42m

Ethereum$758.42m

Holders Revenue 30d$4.18m
Holders Revenue 30d by chain

Ethereum$4.18m

Holders Revenue 7d$1.2m

Ethereum$1.2m

Holders Revenue 24h$195,699

Ethereum$195,699

Cumulative Holders Revenue$165.48m

Ethereum$165.48m

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$210.75m

$13.46m

$3.13m

$459,458

$758.42m

Market Cap$1.546b

$SKY Price$0.066

All Time High$0.1

All Time Low$0.036

View $SKY token page

$1.548b

$1.557b

$SKY Volume 24h$25.76m

CEX Volume$22.59m

DEX Volume$8.01m(31.09% of total)

Staked$654.96m(42.38% of mcap)

Treasury$153.13m

$6.13

Stablecoins$319,310.39

Own Tokens$152.81m

Others$0.53

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.

WebsiteGitHubX/TwitterSafe Harbor Agreement
Categories:CDPRisk CuratorsRWA
Products:

Yields

Pools Tracked8

Average Supply APY3.89%

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 $5.844b in total value locked. TVL has increased 2.7% 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 $27.07m in fees. Of that, $13.46m was protocol revenue. Based on the trailing year, the annualized rate is $398.31m in fees and $210.75m in revenue.

What is the SKY token price and valuation?

SKY is currently trading at $0.066. Its circulating market capitalization is $1.546b, ranking it #74. Its fully diluted valuation is $1.548b. Supply currently stands at 23.421b circulating, 23.46b total supply, 23.463b maximum supply.

How has SKY performed recently?

SKY is up 9.5% over the past 7 days and up 15.1% over the past 30 days. Its all-time high is $0.1, reached on Dec 4, 2024. The token is currently 34.2% 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 3.9%.

Does Sky have a treasury?

Sky has a tracked treasury currently valued at $153.13m. Its holdings include $319,310.39 in stablecoins, $6.13 in major assets, $152.81m in its own tokens, $0.53 in other assets.