After MakerDAO rebranded to Sky, this batch of data really is impressive: annualized revenue of $419 million, with $250 million in savings yield distributed; Grove’s TVL already surpassed $44 million in its first month— the old-school DeFi’s “cash-flow” generation capability still looks solid.

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.