Ask about Sky

Logo of SkySky(SKY)

Total Value Locked$6.067b

TVL by Chain

Ethereum$6.067b

Key Metrics

Fees 30d$27.03m
Fees 30d by chain

Ethereum$27.03m

Fees 7d$6.33m

Ethereum$6.33m

Fees 24h$910,307

Ethereum$910,307

Cumulative Fees$1.257b

Ethereum$1.257b

Revenue 30d$13.46m
Revenue 30d by chain

Ethereum$13.46m

Revenue 7d$3.19m

Ethereum$3.19m

Revenue 24h$454,426

Ethereum$454,426

Cumulative Revenue$762.52m

Ethereum$762.52m

Holders Revenue 30d$4.8m
Holders Revenue 30d by chain

Ethereum$4.8m

Holders Revenue 7d$1.39m

Ethereum$1.39m

Holders Revenue 24h$193,422

Ethereum$193,422

Cumulative Holders Revenue$167.27m

Ethereum$167.27m

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$206.6m

$13.46m

$3.19m

$454,426

$762.52m

Market Cap$1.767b

$SKY Price$0.075

All Time High$0.10

All Time Low$0.036

View $SKY token page

$1.769b

$1.776b

$SKY Volume 24h$16.17m

CEX Volume$12.67m

DEX Volume$5.03m(31.09% of total)

Staked$778.99m(44.09% of mcap)

Treasury$171.16m

$6.57

Stablecoins$342,240

Own Tokens$170.81m

Others$0.66

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.

WebsiteGitHubX/TwitterSafe Harbor Agreement
Categories:CDPRisk CuratorsRWA
Products:

Yields

Pools Tracked8

Average Supply APY4.12%

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

Sky Lending - Stability fees charged on DAI/USDS loans, liquidation income from collateral auctions, and PSM (Peg Stability Module) fees from USDC/DAI conversionsView code on GitHubSky Money - Total yields from deposited assets in all curated vaults.View code on GitHub

Revenue:

Sky Lending - Fees collected minus savings rate paid to DSR depositorsView code on GitHubSky Money - Yields are collected by curators.View code on GitHub

Holders Revenue:

Sky Lending - SKY token buybacks + staking rewards for sky stakersView code on GitHub

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

Frequently Asked Questions

What is Sky's TVL?

Sky currently has $6.067b in total value locked. TVL has increased 3.6% over the past 30 days.

What chains does Sky operate on?

Sky operates on Ethereum. Ethereum holds the largest share at 100%.

How much has Sky generated in fees and revenue?

Over the past 30 days, Sky generated $27.03m in fees. Of that, $13.46m was protocol revenue. Based on the trailing year, the annualized rate is $395.7m in fees and $206.6m in revenue.

What is the SKY token price and valuation?

SKY is currently trading at $0.075. Its circulating market capitalization is $1.767b, ranking it #75. Its fully diluted valuation is $1.769b. Supply currently stands at 23.429b circulating, 23.46b total supply, 23.463b maximum supply.

How has SKY performed recently?

SKY is up 9.3% over the past 7 days and up 11.4% over the past 30 days. Its all-time high is $0.10, reached on Dec 4, 2024. The token is currently 25% 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 4.1%.

Does Sky have a treasury?

Sky has a tracked treasury currently valued at $171.16m. Its holdings include $342,240 in stablecoins, $6.57 in major assets, $170.81m in its own tokens, $0.66 in other assets.