Ask about Sky
Logo of SkySky(SKY)
Total Value Locked$5.648b

TVL by Chain

Ethereum$5.648b

Key Metrics

Fees 30d$27.15m
Fees 30d by chain

Ethereum$27.15m

Fees 7d$6.29m

Ethereum$6.29m

Fees 24h$897,596

Ethereum$897,596

Cumulative Fees$1.244b

Ethereum$1.244b

Revenue 30d$13.43m
Revenue 30d by chain

Ethereum$13.43m

Revenue 7d$3.1m

Ethereum$3.1m

Revenue 24h$429,200

Ethereum$429,200

Cumulative Revenue$756.17m

Ethereum$756.17m

Holders Revenue 30d$3.55m
Holders Revenue 30d by chain

Ethereum$3.55m

Holders Revenue 7d$903,203

Ethereum$903,203

Holders Revenue 24h$128,328

Ethereum$128,328

Cumulative Holders Revenue$164.54m

Ethereum$164.54m

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$213.36m

$13.43m

$3.1m

$429,200

$756.17m

Market Cap$1.476b

$SKY Price$0.063

All Time High$0.1

All Time Low$0.036

View $SKY token page

$1.479b

$1.485b

$SKY Volume 24h$9.56m

CEX Volume$7.3m

DEX Volume$2.94m(30.76% of total)

Staked$647.91m(43.89% of mcap)

Treasury$149.47m

$6.18

Stablecoins$217,008.13

Own Tokens$149.25m

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.

WebsiteGitHubTwitterSafe Harbor Agreement
Categories:CDPRisk CuratorsRWA
Products:

Yields

Pools Tracked8

Average Supply APY3.77%

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 $5.648b in total value locked. TVL has decreased 2.1% 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 $27.15m in fees. Of that, $13.43m was protocol revenue. Based on the trailing year, the annualized rate is $400.05m in fees and $213.36m in revenue.

What is the SKY token price and valuation?

SKY is currently trading at $0.063. Its circulating market capitalization is $1.478b, ranking it #72. Its fully diluted valuation is $1.481b. Supply currently stands at 23.423b circulating, 23.463b total supply, 23.463b maximum supply.

How has SKY performed recently?

SKY is down 11.3% over the past 7 days and up 18.6% over the past 30 days. Its all-time high is $0.1, reached on Dec 4, 2024. The token is currently 37.2% 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 3.8%.

Does Sky have a treasury?

Sky has a tracked treasury currently valued at $149.47m. Its holdings include $217,008.13 in stablecoins, $6.18 in major assets, $149.25m in its own tokens, $0.56 in other assets.