Key Metrics
Fees (Annualized)$410.81m
Fees 30d$28.37m
Ethereum$28.37m
Fees 7d$6.41m
Ethereum$6.41m
Fees 24h$912,980
Ethereum$912,980
Cumulative Fees$1.204b
Ethereum$1.204b
Revenue (Annualized)$234.38m
Revenue 30d$13.82m
Ethereum$13.82m
Revenue 7d$3.29m
Ethereum$3.29m
Revenue 24h$488,509
Ethereum$488,509
Cumulative Revenue$737.25m
Ethereum$737.25m
Holders Revenue (Annualized)$78m
Holders Revenue 30d$1.12m
Ethereum$1.12m
Holders Revenue 7d$262,339
Ethereum$262,339
Holders Revenue 24h$35,801
Ethereum$35,801
Cumulative Holders Revenue$160.54m
Ethereum$160.54m
Staked$567.97m
$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.
Category:CDP
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 APY4.4%
Competitors
Frequently Asked Questions
What is Sky Lending?
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.
What is Sky Lending's TVL?
Sky Lending currently has $5.667b in total value locked. TVL has decreased 0.5% 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 $28.37m in fees. Of that, $13.82m was protocol revenue. Based on the trailing year, the annualized rate is $410.81m in fees and $234.38m in revenue.
How many yield pools does Sky Lending have?
DefiLlama tracks 8 Sky Lending yield pools with an average APY of 4.4%.
