Sky Savings Dai(sDAI)
Onchain AUM$164.37m
Onchain AUM by chain
Ethereum$164.28m
OP Mainnet$92,900
Base$154
Key Metrics
Active AUM$164.37m
Ethereum$164.28m
OP Mainnet$92,900
Base$154
DeFi Active TVL$5.83m
World Chain$1.77m
Ethereum$1.77m
Aevo Perps$1.53m
Ethereum$1.53m
Curve DEX$1.52m
Ethereum$1.52m
Fuel Bridge$237,261
Ethereum$237,261
Optimism Bridge$169,937
Ethereum$169,937
ApeChain Bridge$161,213
Ethereum$161,213
Corn Kernels$68,110
Ethereum$68,110
Uniswap V3$63,037
Ethereum$63,037
Velodrome V3$50,653
OP Mainnet$50,653
Aave V3$50,580
Ethereum$50,580
UwU Lend (Treasury)$44,147
Ethereum$44,147
Reserve Protocol$36,192
Ethereum$36,192
Euler V2$34,827
Ethereum$34,827
Seer$30,471
Ethereum$30,471
SparkLend$30,180
Ethereum$30,180
Bankless (Treasury)$5,659
Ethereum$5,659
PulseChain Bridge$5,433
Ethereum$5,433
Fraxtal$3,847
Ethereum$3,847
Radiant V2$2,653
Ethereum$2,653
Sophon Bridge$1,883
Ethereum$1,883
UwU Lend$1,501
Ethereum$1,501
xDAI Stake Bridge$1,189
Ethereum$1,189
Balancer V3$1,066
Ethereum$1,066
Derive V2$668
OP Mainnet$553
Ethereum$115
Uniswap V4$532
Ethereum$532
Arbitrum Bridge$237
Ethereum$237
Balancer V2$195
Ethereum$195
Base Bridge$154
Ethereum$154
Ajna V2$100
Ethereum$100
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
sDAI Price$1.18
Chains3
Sky Savings Dai(sDAI)Onchain AUM$164.37m
Onchain AUM by chain
Ethereum$164.28m
OP Mainnet$92,900
Base$154
Key Metrics
Active AUM$164.37m
Ethereum$164.28m
OP Mainnet$92,900
Base$154
DeFi Active TVL$5.83m
World Chain$1.77m
Ethereum$1.77m
Aevo Perps$1.53m
Ethereum$1.53m
Curve DEX$1.52m
Ethereum$1.52m
Fuel Bridge$237,261
Ethereum$237,261
Optimism Bridge$169,937
Ethereum$169,937
ApeChain Bridge$161,213
Ethereum$161,213
Corn Kernels$68,110
Ethereum$68,110
Uniswap V3$63,037
Ethereum$63,037
Velodrome V3$50,653
OP Mainnet$50,653
Aave V3$50,580
Ethereum$50,580
UwU Lend (Treasury)$44,147
Ethereum$44,147
Reserve Protocol$36,192
Ethereum$36,192
Euler V2$34,827
Ethereum$34,827
Seer$30,471
Ethereum$30,471
SparkLend$30,180
Ethereum$30,180
Bankless (Treasury)$5,659
Ethereum$5,659
PulseChain Bridge$5,433
Ethereum$5,433
Fraxtal$3,847
Ethereum$3,847
Radiant V2$2,653
Ethereum$2,653
Sophon Bridge$1,883
Ethereum$1,883
UwU Lend$1,501
Ethereum$1,501
xDAI Stake Bridge$1,189
Ethereum$1,189
Balancer V3$1,066
Ethereum$1,066
Derive V2$668
OP Mainnet$553
Ethereum$115
Uniswap V4$532
Ethereum$532
Arbitrum Bridge$237
Ethereum$237
Balancer V2$195
Ethereum$195
Base Bridge$154
Ethereum$154
Ajna V2$100
Ethereum$100
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
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 (10)
Pool | Reference | Protocol | Chain | 30d Trend | |||||
|---|---|---|---|---|---|---|---|---|---|
| 1sDAISavings Dai | DAI | $201.53m | 1.25% | Stable 100 | 1,875 | ||||
| 2sDAISavings xDAI | WXDAI | $42.5m | 4.40% | Stable 98 | 28,953 | ||||
| 3aGnosDAIAave Gnosis sDAI | sDAI | $5.82m | 0.00% | Stable 100 | 262 | ||||
| 4MtEthenasDAI/sUSDe | sDAI-sUSDe | $3.7m | 4.78% | Stable 90 | 103 | ||||
| 5FRAXsDAIFRAXsDAI | FRAX-sDAI | $203,561 | 0.13%0.13%+<0.01% | Stable 84 | 7 | ||||
| 6USDC-sDAICL1 - 0.01% | USDC-sDAI | $78,269 | 2.90%+2.90% | Stable 86 | 0 | ||||
| 7FRAXsDAIFRAXsDAI | FRAX-sDAI | $50,896 | 0.13% | Stable 84 | 7 | ||||
| 8sdai-usdmsDAI/USDM Rebase Enjoyer Pool | sDAI-USDM | $41,154 | 0.47% | Stable 100 | 5 | ||||
| 9spsDAISpark sDAI | sDAI | $30,181 | 0.00% | Stable 100 | 71 | ||||
| 1050bCSPX-50sDAI50bCSPX-50sDAI | bCSPX-sDAI | $10,123 | 0.00% | Volatile 27 | 8 |