Total Value Locked$4.109b
TVL by Chain
Ethereum$4.109b
Key Metrics
Fees 30d$27.7m
Fees 30d by chain
Ethereum$27.7m
Fees 7d$5.9m
Ethereum$5.9m
Fees 24h$839,146
Ethereum$839,146
Cumulative Fees$1.3b
Ethereum$1.3b
Revenue 30d$13.15m
Revenue 30d by chain
Ethereum$13.15m
Revenue 7d$2.95m
Ethereum$2.95m
Revenue 24h$435,595
Ethereum$435,595
Cumulative Revenue$782.84m
Ethereum$782.84m
Holders Revenue 30d$5.49m
Holders Revenue 30d by chain
Ethereum$5.49m
Holders Revenue 7d$1.27m
Ethereum$1.27m
Holders Revenue 24h$179,570
Ethereum$179,570
Cumulative Holders Revenue$175.9m
Ethereum$175.9m
Incentives 1y$2.26m
Incentives 30d$1,039
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$30.89m
Earnings (Annualized)$187.83m
Earnings 30d$13.15m
Earnings 7d$2.95m
Earnings 24h$435,595
Cumulative Earnings$751.95m
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$1.351b
$SKY Price$0.058
Fully Diluted Valuation$1.353b
Outstanding FDV$1.359b
$SKY Volume 24h$7.62m
CEX Volume$5.53m
DEX Volume$2.6m(34.1% of total)
Staked$589.87m(43.65% of mcap)
Treasury$120.66m
Majors$5.01
Stablecoins$0
Own Tokens$120.43m
Others$231,494
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
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
Yields
Pools Tracked8
Average Supply APY4.86%
Sky history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Jan 4, 2019 to Nov 12, 2026.
All-time high TVL: $19.833b on Dec 1, 2021. All-time low TVL: $99.12m on Jan 29, 2019.
Daily TVL, Oct 14, 2026 to Nov 12, 2026
| Date | TVL |
|---|---|
| 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 |
| Oct 29, 2026 | $5.416b |
| Oct 30, 2026 | $5.249b |
| Oct 31, 2026 | $5.2b |
| Nov 1, 2026 | $5.225b |
| Nov 2, 2026 | $5.188b |
| Nov 3, 2026 | $5.157b |
| Nov 4, 2026 | $5.013b |
| Nov 5, 2026 | $5.097b |
| Nov 6, 2026 | $4.942b |
| Nov 7, 2026 | $4.37b |
| Nov 8, 2026 | $4.43b |
| Nov 9, 2026 | $4.233b |
| Nov 10, 2026 | $4.394b |
| Nov 11, 2026 | $4.134b |
| Nov 12, 2026 | $4.146b |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| 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 31, 2026 | $5.2b |
| Nov 12, 2026 (latest) | $4.146b |
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, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| 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 | $28.35m | $14.12m | $2.48m |
| Sep 2026 | $27.05m | $13.44m | $5.08m |
| Oct 2026 | $29.42m | $13.79m | $5.83m |
| Nov 2026 (to date) | $9.6m | $4.72m | $2.01m |
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 Nov 12, 2026, Sky has $4.109b in total value locked. TVL has decreased 31.6% over the past 30 days.
How much has Sky generated in fees and revenue?
Over the past 30 days, Sky generated $27.7m in fees. Of that, $13.15m was protocol revenue. Based on the trailing year, the annualized rate is $384.89m in fees and $190.1m in revenue.
What is the SKY token price and valuation?
SKY is currently trading at $0.058. Its circulating market capitalization is $1.349b, ranking it #79. Its fully diluted valuation is $1.351b. Supply currently stands at 23.418b circulating, 23.452b total supply, 23.463b maximum supply.
How has SKY performed recently?
SKY is down 14.3% over the past 7 days and down 24.8% over the past 30 days. Its all-time high is $0.10, reached on Oct 5, 2026. The token is currently 42.9% 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 4.9%.
Does Sky have a treasury?
Sky has a tracked treasury currently valued at $120.66m. Its holdings include $5.01 in major assets, $120.43m in its own tokens, $231,494 in other assets.