Sky Lending(SKY)
Total Value Locked$5.841b
TVL by Chain
Ethereum$5.841b
Key Metrics
Fees 30d$26.84m
Fees 30d by chain
Ethereum$26.84m
Fees 7d$6.31m
Ethereum$6.31m
Fees 24h$901,823
Ethereum$901,823
Cumulative Fees$1.259b
Ethereum$1.259b
Revenue 30d$13.45m
Revenue 30d by chain
Ethereum$13.45m
Revenue 7d$3.15m
Ethereum$3.15m
Revenue 24h$436,321
Ethereum$436,321
Cumulative Revenue$764.76m
Ethereum$764.76m
Holders Revenue 30d$5.15m
Holders Revenue 30d by chain
Ethereum$5.15m
Holders Revenue 7d$1.39m
Ethereum$1.39m
Holders Revenue 24h$201,009
Ethereum$201,009
Cumulative Holders Revenue$168.27m
Ethereum$168.27m
Staked$865.58m
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 APY4.1%
Competitors
Frequently Asked Questions
What is Sky Lending's TVL?
Sky Lending currently has $5.841b in total value locked. TVL has increased 11.8% 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 $26.84m in fees. Of that, $13.45m was protocol revenue. Based on the trailing year, the annualized rate is $392.13m in fees and $204.6m 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 $8.061b across 199 protocols, and Sky Lending accounts for 72.5% of that total. Other leading protocols include USDD, Liquity V1, crvUSD, Liquity V2, Reservoir Protocol, Frankencoin, 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 4.1%.