Sky Savings Dai(sDAI)
Onchain AUM$163.31m
Onchain AUM by chain
Ethereum$163.27m
OP Mainnet$39,469
Base$91
Key Metrics
Active AUM$163.31m
Ethereum$163.27m
OP Mainnet$39,469
Base$91
DeFi Active TVL$3.08m
Aevo Perps$1.54m
Ethereum$1.54m
World Chain Bridge$593,365
Ethereum$593,365
Curve DEX$368,929
Ethereum$368,929
ApeChain Bridge$153,705
Ethereum$153,705
Corn Kernels$67,983
Ethereum$67,983
Uniswap V3$63,086
Ethereum$63,086
Aave V3$50,619
Ethereum$50,619
UwU Lend (Treasury)$44,181
Ethereum$44,181
Optimism Bridge$39,700
Ethereum$39,700
Reserve Protocol$35,944
Ethereum$35,944
Euler V2$34,825
Ethereum$34,825
Seer$30,495
Ethereum$30,495
SparkLend$30,175
Ethereum$30,175
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
xDAI Stake Bridge$1,190
Ethereum$1,190
PulseChain Bridge$1,180
Ethereum$1,180
Balancer V3$981
Ethereum$981
Fuel Bridge$705
Ethereum$705
Sophon Bridge$653
Ethereum$653
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$35
OP Mainnet$35
Velodrome V3$31
OP Mainnet$31
Gudchain$29
Ethereum$29
Polygon zkEVM Bridge$13
Ethereum$13
Net Flows 7d
Net Flows 30d
sDAI Price$1.18
Chains3
Native Yield1.25%
Onchain AUM$163.31m
Onchain AUM by chain
Ethereum$163.27m
OP Mainnet$39,469
Base$91
Key Metrics
Active AUM$163.31m
Ethereum$163.27m
OP Mainnet$39,469
Base$91
DeFi Active TVL$3.08m
Aevo Perps$1.54m
Ethereum$1.54m
World Chain Bridge$593,365
Ethereum$593,365
Curve DEX$368,929
Ethereum$368,929
ApeChain Bridge$153,705
Ethereum$153,705
Corn Kernels$67,983
Ethereum$67,983
Uniswap V3$63,086
Ethereum$63,086
Aave V3$50,619
Ethereum$50,619
UwU Lend (Treasury)$44,181
Ethereum$44,181
Optimism Bridge$39,700
Ethereum$39,700
Reserve Protocol$35,944
Ethereum$35,944
Euler V2$34,825
Ethereum$34,825
Seer$30,495
Ethereum$30,495
SparkLend$30,175
Ethereum$30,175
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
xDAI Stake Bridge$1,190
Ethereum$1,190
PulseChain Bridge$1,180
Ethereum$1,180
Balancer V3$981
Ethereum$981
Fuel Bridge$705
Ethereum$705
Sophon Bridge$653
Ethereum$653
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$35
OP Mainnet$35
Velodrome V3$31
OP Mainnet$31
Gudchain$29
Ethereum$29
Polygon zkEVM Bridge$13
Ethereum$13
Net Flows 7d
Net Flows 30d
sDAI Price$1.18
Chains3
Native Yield1.25%
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.
Native Yield
1.25%Historical APY from Sky Protocol
DeFi Yield Opportunities (5)
Pool | Reference | Protocol | Chain | 30d Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1MtEthenasDAI/sUSDe | sDAI-sUSDe | $758,001 | -$12,317 | 3.88% | Stable 79 | 102 | ||||
| 2FRAXsDAIFRAXsDAI | FRAX-sDAI | $203,572 | 0.14%0.14%+<0.01% | Stable 87 | 7 | |||||
| 3FRAXsDAIFRAXsDAI | FRAX-sDAI | $50,899 | 0.14% | Stable 87 | 7 | |||||
| 4sdai-usdmsDAI/USDM Rebase Enjoyer Pool | sDAI-USDM | $41,163 | $0 | 0.49% | Stable 87 | 5 | ||||
| 5spsDAISpark sDAI | sDAI | $30,175 | -$0.82 | 0.00% | Stable 100 | 72 |