Chain News reported that the stablecoin and lending protocol formerly known as MakerDAO, now renamed Sky, released its financial and operating data for June 2026. Its annualized total revenue, converted based on that month’s level, reached a record $419.08 million. Since launch, SUSDS has paid savings yields to users totaling more than $250 million; the protocol’s reserve size increased to $82.5 million, up by $33.7 million from this year’s March. In addition, Sky’s real-world assets project Grove launched a governance token, Grove, in June. Its fixed-income product based on SUSDS launched, with TVL exceeding $44.1 million in its first month. Data from DefiLlama shows Sky generated about $30.14 million in fees over the past 30 days, which is equivalent to an annualized figure of about $367 million.

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K-LineSocialAnxiety
· 1h ago
Annualized $367 million in fee revenue—under traditional finance valuation logic, how much is Sky worth right now? Has anyone calculated it?
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DancingOnTheEdgeOfLiquidation
· 2h ago
DefiLlama and the official data don’t match—419 million vs 367 million. Where are the differences in the reporting methodology?
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SucculentCross-Section
· 2h ago
Grove’s TVL in the first month alone reached 44.1 million, and the combined push of RWA + DeFi is going pretty smoothly—it seems institutional funds are moving in.
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GateUser-8e84d799
· 2h ago
SUSDS has accumulated $250 million in profits to users—this savings product is way more attractive than banks. DeFi’s PMF has finally arrived.
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BreadthHunter
· 2h ago
Protocol reserves of 82.5 million, up by 33.7 million from March; this growth rate is good, and its financial health is stronger than many projects.
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HedgeHedgeBaby
· 2h ago
After MakerDAO changed its name to Sky, this batch of financial data is indeed impressive; the $419 million annualized revenue shows that the stablecoin track is still strong.
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