Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Stocks
CFD
Stock CFD Derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
3.8%
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
2026 World Cup
Rewards
Square
Latest
Hot
News
Profile

Sky’s annualized total revenue for June reached a record $419 million

WuSaidBlockchainW
According to The Defiant, the stablecoin and lending protocol formerly known as MakerDAO, now renamed Sky, released its June 2026 financial and operating data. Its annualized total revenue, adjusted based on the level of that month, reached a record high of $419.08 million. Since launch, the cumulative savings yield paid to users by sUSDS has exceeded $250 million; the protocol’s reserve size has grown to $82.5 million, up by $33.7 million from March this year. In addition, Sky’s real-world assets project Grove launched the governance token GROVE in June, and its sUSDS-based Fixed Yield product’s TVL exceeded $44.10 million in its first month. Data from DefiLlama shows that Sky generated about $30.14 million in fees over the past 30 days, translating to an annualized amount of roughly $367 million.
SKY3.23%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • 2
  • Share
Comment
Add a comment
Add a comment
0XNightRun
· 7h ago
Protocol reserves rose by 33.70 million over three months. Financial health looks good, but compared with annual revenue of 400 million, the reserve ratio is only around 20%. Is the cushion against black swan events enough? It depends on whether reserves can continue to be built up afterward.
View OriginalReply0
NFTeaTime
· 9h ago
sUSDS has paid out $250 million in interest in total—this figure is far better than many traditional bank savings products. The RWA track is really taking a bite out of traditional finance’s cake.
View OriginalReply0
AirdropEtiquette
· 9h ago
A $419 million annualized revenue figure is definitely impressive, but after the rebranding, brand awareness is still ramping up; longtime users are still used to saying MakerDAO, and new users may not even know who Sky is—so the long-term brand migration costs need to be factored in.
View OriginalReply0
TheClarityAfterLiquidating
· 9h ago
Grove governance token saw 44.1 million TVL right after issuance. Fixed Yield’s positioning is spot on; it’s the best entry point for conservative capital to enter DeFi. Sky made a steady move with this step.
View OriginalReply0

  • Pinned

Sitemap