Total Value Locked$5.332b
TVL by Chain
Ethereum$5.332b
Key Metrics
Fees 30d$28.41m
Fees 30d by chain
Ethereum$28.41m
Fees 7d$6.66m
Ethereum$6.66m
Fees 24h$945,969
Ethereum$945,969
Cumulative Fees$1.286b
Ethereum$1.286b
Revenue 30d$13.35m
Revenue 30d by chain
Ethereum$13.35m
Revenue 7d$3.08m
Ethereum$3.08m
Revenue 24h$429,449
Ethereum$429,449
Cumulative Revenue$776.32m
Ethereum$776.32m
Holders Revenue 30d$5.68m
Holders Revenue 30d by chain
Ethereum$5.68m
Holders Revenue 7d$1.28m
Ethereum$1.28m
Holders Revenue 24h$184,581
Ethereum$184,581
Cumulative Holders Revenue$173.16m
Ethereum$173.16m
Incentives 1y$2.62m
Incentives 30d$1,672
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$30.89m
Earnings (Annualized)$192.48m
Earnings 30d$13.35m
Earnings 7d$3.08m
Earnings 24h$429,449
Cumulative Earnings$745.44m
Collateral Liquidated 30d$0
Collateral Liquidated 30d by chain
Ethereum$0
Collateral Liquidated 7d$0
Ethereum$0
Collateral Liquidated 24h$0
Ethereum$0
Cumulative Collateral Liquidated$0
Ethereum$0
Market Cap$1.54b
$SKY Price$0.066
Fully Diluted Valuation$1.541b
Outstanding FDV$1.547b
$SKY Volume 24h$11.11m
CEX Volume$8.67m
DEX Volume$4.09m(36.78% of total)
Staked$672.52m(43.68% of mcap)
Treasury$181.75m
Majors$5.73
Stablecoins$258,960
Own Tokens$181.49m
Others$0.65
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.
- Sky LendingCDP
- Sky MoneyRisk Curators
- Sky RWARWA
Yields
Pools Tracked8
Average Supply APY4.6%
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
Collateral Liquidated: USD value of collateral seized during protocol liquidations
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
Sky history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Jan 4, 2019 to Oct 28, 2026.
All-time high TVL: $19.833b on Dec 1, 2021. All-time low TVL: $99.12m on Jan 29, 2019.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $6.004b |
| Sep 30, 2026 | $6.173b |
| Oct 1, 2026 | $6.007b |
| Oct 2, 2026 | $5.887b |
| Oct 3, 2026 | $5.912b |
| Oct 4, 2026 | $6.069b |
| Oct 5, 2026 | $6.122b |
| Oct 6, 2026 | $6.196b |
| Oct 7, 2026 | $6.242b |
| Oct 8, 2026 | $6.197b |
| Oct 9, 2026 | $6.177b |
| Oct 10, 2026 | $6.175b |
| Oct 11, 2026 | $6.156b |
| Oct 12, 2026 | $6.226b |
| Oct 13, 2026 | $6.009b |
| Oct 14, 2026 | $6.046b |
| Oct 15, 2026 | $5.904b |
| Oct 16, 2026 | $5.893b |
| Oct 17, 2026 | $5.687b |
| Oct 18, 2026 | $5.846b |
| Oct 19, 2026 | $5.857b |
| Oct 20, 2026 | $5.806b |
| Oct 21, 2026 | $5.872b |
| Oct 22, 2026 | $5.845b |
| Oct 23, 2026 | $5.825b |
| Oct 24, 2026 | $5.814b |
| Oct 25, 2026 | $5.744b |
| Oct 26, 2026 | $5.61b |
| Oct 27, 2026 | $5.469b |
| Oct 28, 2026 | $5.346b |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $7.368b |
| Dec 31, 2024 | $6.957b |
| Jan 31, 2025 | $8.37b |
| Feb 28, 2025 | $7.305b |
| Mar 31, 2025 | $7.237b |
| Apr 30, 2025 | $6.339b |
| May 31, 2025 | $5.414b |
| Jun 30, 2025 | $5.072b |
| Jul 31, 2025 | $5.623b |
| Aug 31, 2025 | $6.233b |
| Sep 30, 2025 | $5.915b |
| Oct 31, 2025 | $6.856b |
| Nov 30, 2025 | $6.304b |
| Dec 31, 2025 | $5.827b |
| Jan 31, 2026 | $5.631b |
| Feb 28, 2026 | $5.676b |
| Mar 31, 2026 | $6.466b |
| Apr 30, 2026 | $5.498b |
| May 31, 2026 | $6.358b |
| Jun 30, 2026 | $5.519b |
| Jul 31, 2026 | $5.837b |
| Aug 31, 2026 | $5.679b |
| Sep 30, 2026 | $6.173b |
| Oct 28, 2026 (latest) | $5.346b |
TVL at each year end, Dec 31, 2019 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2019 | $314.33m |
| Dec 31, 2020 | $2.793b |
| Dec 31, 2021 | $17.618b |
| Dec 31, 2022 | $6.706b |
| Dec 31, 2023 | $8.294b |
| Dec 31, 2024 | $6.957b |
| Dec 31, 2025 | $5.827b |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $28.56m | $18.91m | $366,417 |
| Dec 2024 | $43.55m | $28.36m | $0 |
| Jan 2025 | $42.5m | $18.44m | $0 |
| Feb 2025 | $36.83m | $9.01m | $4.39m |
| Mar 2025 | $34.34m | $13.5m | $18.12m |
| Apr 2025 | $28.22m | $15.65m | $17.44m |
| May 2025 | $28.22m | $17.27m | $15.08m |
| Jun 2025 | $27.98m | $17.92m | $14.46m |
| Jul 2025 | $30.71m | $22.33m | $12.3m |
| Aug 2025 | $37.22m | $29.24m | $12.27m |
| Sep 2025 | $36.49m | $28.19m | $11.83m |
| Oct 2025 | $35.83m | $25.16m | $12.11m |
| Nov 2025 | $36m | $22.53m | $8.5m |
| Dec 2025 | $36.35m | $20.63m | $8.49m |
| Jan 2026 | $34.93m | $19.78m | $8.5m |
| Feb 2026 | $32.13m | $17.03m | $7.72m |
| Mar 2026 | $35.96m | $15.48m | $4.39m |
| Apr 2026 | $33.94m | $14.81m | $1.13m |
| May 2026 | $33.7m | $15.08m | $1.15m |
| Jun 2026 | $30.79m | $12.68m | $1.11m |
| Jul 2026 | $29.68m | $14.24m | $1.16m |
| Aug 2026 | $28.36m | $14.12m | $2.48m |
| Sep 2026 | $27.05m | $13.44m | $5.08m |
| Oct 2026 (to date) | $25.69m | $12m | $5.1m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/sky
Frequently asked questions
What is Sky's TVL?
As of Oct 28, 2026, Sky has $5.332b in total value locked. TVL has decreased 11.7% over the past 30 days.
How much has Sky generated in fees and revenue?
Over the past 30 days, Sky generated $28.41m in fees. Of that, $13.35m was protocol revenue. Based on the trailing year, the annualized rate is $389.48m in fees and $195.11m in revenue.
What is the SKY token price and valuation?
SKY is currently trading at $0.066. Its circulating market capitalization is $1.54b, ranking it #77. Its fully diluted valuation is $1.541b. Supply currently stands at 23.426b circulating, 23.452b total supply, 23.463b maximum supply.
How has SKY performed recently?
SKY is down 14.9% over the past 7 days and down 15.7% over the past 30 days. Its all-time high is $0.10, reached on Oct 5, 2026. The token is currently 34.8% 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 4.6%.
Does Sky have a treasury?
Sky has a tracked treasury currently valued at $181.75m. Its holdings include $258,960 in stablecoins, $5.73 in major assets, $181.49m in its own tokens, $0.65 in other assets.

