Total Value Locked$5.434b
TVL by Chain
Ethereum$5.434b
Key Metrics
Fees 30d$28.37m
Fees 30d by chain
Ethereum$28.37m
Fees 7d$6.67m
Ethereum$6.67m
Fees 24h$948,170
Ethereum$948,170
Cumulative Fees$1.285b
Ethereum$1.285b
Revenue 30d$13.37m
Revenue 30d by chain
Ethereum$13.37m
Revenue 7d$3.09m
Ethereum$3.09m
Revenue 24h$441,393
Ethereum$441,393
Cumulative Revenue$775.89m
Ethereum$775.89m
Holders Revenue 30d$5.7m
Holders Revenue 30d by chain
Ethereum$5.7m
Holders Revenue 7d$1.28m
Ethereum$1.28m
Holders Revenue 24h$182,857
Ethereum$182,857
Cumulative Holders Revenue$172.98m
Ethereum$172.98m
Incentives 1y$2.64m
Incentives 30d$1,672
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$30.89m
Earnings (Annualized)$192.87m
Earnings 30d$13.37m
Earnings 7d$3.09m
Earnings 24h$441,393
Cumulative Earnings$745.01m
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$1.547b
$SKY Price$0.066
Fully Diluted Valuation$1.549b
Outstanding FDV$1.552b
$SKY Volume 24h$14.15m
CEX Volume$9.51m
DEX Volume$5.05m(35.68% of total)
Staked$664.9m(42.97% of mcap)
Treasury$123.99m
Majors$5.66
Stablecoins$257,782
Own Tokens$123.73m
Others$0.56
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
Yields
Pools Tracked8
Average Supply APY4.41%
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
Sky history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Jan 4, 2019 to Oct 27, 2026.
All-time high TVL: $19.833b on Dec 1, 2021. All-time low TVL: $99.12m on Jan 29, 2019.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $6.041b |
| Sep 29, 2026 | $6.004b |
| Sep 30, 2026 | $6.173b |
| Oct 1, 2026 | $6.007b |
| Oct 2, 2026 | $5.887b |
| Oct 3, 2026 | $5.912b |
| Oct 4, 2026 | $6.069b |
| Oct 5, 2026 | $6.122b |
| Oct 6, 2026 | $6.196b |
| Oct 7, 2026 | $6.242b |
| Oct 8, 2026 | $6.197b |
| Oct 9, 2026 | $6.177b |
| Oct 10, 2026 | $6.175b |
| Oct 11, 2026 | $6.156b |
| Oct 12, 2026 | $6.226b |
| Oct 13, 2026 | $6.009b |
| 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 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $7.368b |
| 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 27, 2026 (latest) | $5.469b |
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, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $28.56m | $18.91m | $366,417 |
| 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 | $28.36m | $14.12m | $2.48m |
| Sep 2026 | $27.05m | $13.44m | $5.08m |
| Oct 2026 (to date) | $24.75m | $11.57m | $4.91m |
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 Oct 27, 2026, Sky has $5.434b in total value locked. TVL has decreased 10.5% over the past 30 days.
How much has Sky generated in fees and revenue?
Over the past 30 days, Sky generated $28.37m in fees. Of that, $13.37m was protocol revenue. Based on the trailing year, the annualized rate is $389.78m in fees and $195.51m in revenue.
What is the SKY token price and valuation?
SKY is currently trading at $0.066. Its circulating market capitalization is $1.547b, ranking it #77. Its fully diluted valuation is $1.549b. Supply currently stands at 23.428b circulating, 23.452b total supply, 23.463b maximum supply.
How has SKY performed recently?
SKY is down 10.9% over the past 7 days and down 14.1% over the past 30 days. Its all-time high is $0.10, reached on Oct 5, 2026. The token is currently 34.6% 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 4.4%.
Does Sky have a treasury?
Sky has a tracked treasury currently valued at $123.99m. Its holdings include $257,782 in stablecoins, $5.66 in major assets, $123.73m in its own tokens, $0.56 in other assets.

