Logo of Sky LendingSky Lending(SKY)
Total Value Locked$5.783b

TVL by Chain

Ethereum$5.783b

Key Metrics

Fees (Annualized)$411.54m
Fees 30d$30.85m

Ethereum$30.85m

Fees 7d$6.98m

Ethereum$6.98m

Fees 24h$1m

Ethereum$1m

Cumulative Fees$1.166b

Ethereum$1.166b

Revenue (Annualized)$244.08m
Revenue 30d$12.68m

Ethereum$12.68m

Revenue 7d$2.92m

Ethereum$2.92m

Revenue 24h$443,919

Ethereum$443,919

Cumulative Revenue$718.97m

Ethereum$718.97m

Holders Revenue (Annualized)$93.01m
Holders Revenue 30d$1.11m

Ethereum$1.11m

Holders Revenue 7d$263,138

Ethereum$263,138

Holders Revenue 24h$35,795

Ethereum$35,795

Cumulative Holders Revenue$159.05m

Ethereum$159.05m

Staked$594.73m

$SKY Liquidity$2.06m

Uniswap V3$2.06m

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.

CategoryCDP

Audits:

WebsiteTwitter

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 GitHub

Yields

Pools Tracked14

Average APY0.6%

Competitors

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