InformationTVLYieldsFees and RevenueForks

Sky Lending (SKY)

Total Value Locked$4.982b
Chain Breakdown
Ethereum$4.982b
$6.19m
$334.98m
$154.65m
$47.67m
$54.5m
$27.66m
USDETH

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:
Website Twitter

Token Information

Address:0x56072c...ed9279

View on Etherscan View on Blockscout

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.

Fees: Stability fees charged on DAI loans, liquidation income from collateral auctions, and PSM (Peg Stability Module) fees from USDC/DAI conversions

Revenue: Fees collected minus savings rate paid to DSR depositors and operational expenses

TVLFees and Revenue

Competitors

Avalon USDa($550.71m)Liquity V1($241.38m)crvUSD($221.12m)Yala($127.91m)fx Protocol($126.71m)Level($124.06m)Inverse Finance FiRM($113.04m)Liquity V2($98.58m)Reservoir Protocol($83.01m)Angle($32.48m)