Sky Savings Dai(sDAI)
Onchain AUM$164.5m
Onchain AUM by chain
Ethereum$164.46m
OP Mainnet$39,476
Base$91
Key Metrics
Active AUM$164.5m
Ethereum$164.46m
OP Mainnet$39,476
Base$91
DeFi Active TVL$4.33m
World Chain Bridge$1.78m
Ethereum$1.78m
Aevo Perps$1.54m
Ethereum$1.54m
Curve DEX$377,483
Ethereum$377,483
ApeChain Bridge$161,333
Ethereum$161,333
Optimism Bridge$93,031
Ethereum$93,031
Corn Kernels$67,982
Ethereum$67,982
Uniswap V3$63,084
Ethereum$63,084
Aave V3$50,618
Ethereum$50,618
UwU Lend (Treasury)$44,180
Ethereum$44,180
Reserve Protocol$35,943
Ethereum$35,943
Euler V2$34,824
Ethereum$34,824
Seer$30,494
Ethereum$30,494
SparkLend$30,174
Ethereum$30,174
OpenGDP Shared Security$14,491
Ethereum$14,491
Bankless (Treasury)$5,664
Ethereum$5,664
Fraxtal$3,850
Ethereum$3,850
Radiant V2$2,311
Ethereum$2,311
UwU Lend$1,502
Ethereum$1,502
PulseChain Bridge$1,280
Ethereum$1,280
xDAI Stake Bridge$1,190
Ethereum$1,190
Balancer V3$981
Ethereum$981
Fuel Bridge$705
Ethereum$705
Sophon Bridge$652
Ethereum$652
Aero Slipstream$546
OP Mainnet$546
Uniswap V4$533
Ethereum$533
Arbitrum Bridge$237
Ethereum$237
Balancer V2$195
Ethereum$195
Ajna V2$100
Ethereum$100
Base Bridge$91
Ethereum$91
Timeless Finance$72
Ethereum$72
Polygon Bridge$71
Ethereum$71
Morpho Blue$70
Ethereum$70
Hyperdrive$53
Ethereum$53
Ajna V1$51
Ethereum$51
Contango V2$46
Ethereum$46
Beta Finance V2$39
Ethereum$39
Beefy$34
OP Mainnet$34
Gudchain$29
Ethereum$29
Polygon zkEVM Bridge$13
Ethereum$13
Velodrome V3$13
OP Mainnet$13
Net Flows 7d
Net Flows 30d
sDAI Price$1.18
Chains3
Onchain AUM$164.5m
Onchain AUM by chain
Ethereum$164.46m
OP Mainnet$39,476
Base$91
Key Metrics
Active AUM$164.5m
Ethereum$164.46m
OP Mainnet$39,476
Base$91
DeFi Active TVL$4.33m
World Chain Bridge$1.78m
Ethereum$1.78m
Aevo Perps$1.54m
Ethereum$1.54m
Curve DEX$377,483
Ethereum$377,483
ApeChain Bridge$161,333
Ethereum$161,333
Optimism Bridge$93,031
Ethereum$93,031
Corn Kernels$67,982
Ethereum$67,982
Uniswap V3$63,084
Ethereum$63,084
Aave V3$50,618
Ethereum$50,618
UwU Lend (Treasury)$44,180
Ethereum$44,180
Reserve Protocol$35,943
Ethereum$35,943
Euler V2$34,824
Ethereum$34,824
Seer$30,494
Ethereum$30,494
SparkLend$30,174
Ethereum$30,174
OpenGDP Shared Security$14,491
Ethereum$14,491
Bankless (Treasury)$5,664
Ethereum$5,664
Fraxtal$3,850
Ethereum$3,850
Radiant V2$2,311
Ethereum$2,311
UwU Lend$1,502
Ethereum$1,502
PulseChain Bridge$1,280
Ethereum$1,280
xDAI Stake Bridge$1,190
Ethereum$1,190
Balancer V3$981
Ethereum$981
Fuel Bridge$705
Ethereum$705
Sophon Bridge$652
Ethereum$652
Aero Slipstream$546
OP Mainnet$546
Uniswap V4$533
Ethereum$533
Arbitrum Bridge$237
Ethereum$237
Balancer V2$195
Ethereum$195
Ajna V2$100
Ethereum$100
Base Bridge$91
Ethereum$91
Timeless Finance$72
Ethereum$72
Polygon Bridge$71
Ethereum$71
Morpho Blue$70
Ethereum$70
Hyperdrive$53
Ethereum$53
Ajna V1$51
Ethereum$51
Contango V2$46
Ethereum$46
Beta Finance V2$39
Ethereum$39
Beefy$34
OP Mainnet$34
Gudchain$29
Ethereum$29
Polygon zkEVM Bridge$13
Ethereum$13
Velodrome V3$13
OP Mainnet$13
Net Flows 7d
Net Flows 30d
sDAI Price$1.18
Chains3
Token properties
Classification
RedeemableIndicates whether the token can be redeemed for underlying assets
TransferableIndicates whether the token can be transferred freely between on chain addresses
Self CustodyIndicates whether the token can be held in a user controlled wallet
AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing
Asset information
IssuerSky Protocol
Registry InformationSky Protocol, formerly MakerDAO, issues DAI and operates the DAI Savings Rate through onchain governance rather than through a single incorporated issuer. sDAI is an ERC-4626 vault contract on Ethereum that holds DAI and accrues the savings rate to depositors through the share price.
Sourcehttps://sky.money/
Notes
- sDAI is the savings wrapper for DAI, the original stablecoin of the Sky Protocol, formerly MakerDAO. Depositors lock DAI in an ERC-4626 vault on Ethereum and receive a non-rebasing share token whose redemption value rises as the DAI Savings Rate accrues, so the position grows through share price rather than through a rising balance. Holders can redeem back to DAI from the vault at any time without permission or a minimum. The DAI Savings Rate is set by Sky governance and is paid from the same blended protocol revenue that funds the Sky Savings Rate on USDS, so the return is not a direct claim on a specific real world asset. That revenue comes from Sky Agent allocations through Spark, Grove and other agents into onchain lending and institutional credit, from yield on the USD Coin reserves held in the peg stability module, from borrowing fees on crypto collateral vaults, and from legacy real world asset vaults. sDAI is the legacy savings product of the protocol and Sky is migrating users toward USDS and sUSDS, so the DAI Savings Rate is generally set below the Sky Savings Rate. The deployments on Base and Optimism are bridged representations of the Ethereum vault and do not themselves hold the underlying DAI.
DeFi Yield Opportunities (7)
Pool | Reference | Protocol | Chain | 30d Trend | |||||
|---|---|---|---|---|---|---|---|---|---|
| 1sDAISavings Dai | DAI | $198.89m | 1.25% | Stable 100 | 1,907 | ||||
| 2MtEthenasDAI/sUSDe | sDAI-sUSDe | $757,897 | 3.88% | Stable 79 | 102 | ||||
| 3FRAXsDAIFRAXsDAI | FRAX-sDAI | $203,564 | 0.14%0.14%+<0.01% | Stable 87 | 7 | ||||
| 4FRAXsDAIFRAXsDAI | FRAX-sDAI | $50,898 | 0.14% | Stable 87 | 7 | ||||
| 5sdai-usdmsDAI/USDM Rebase Enjoyer Pool | sDAI-USDM | $41,160 | 0.49% | Stable 87 | 5 | ||||
| 6spsDAISpark sDAI | sDAI | $30,175 | 0.00% | Stable 100 | 72 | ||||
| 7USDC-sDAICL1 - 0.01% | USDC-sDAI | $17,981 | 3.47%+3.47% | Stable 88 | 0 |