Sky Protocol’s annualized revenue rises to $419 million, hitting an all-time high

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Golden Finance reported that on July 11, CoinBureau disclosed that Sky Protocol’s annualized revenue surged significantly to a historic peak of $419 million; meanwhile, the total rewards accumulated by sUSDS holders have already surpassed $250 million. Since the beginning of July, the SKY token is up more than 20%.
Sky Protocol’s reserve assets have increased to $82.5 million, adding nearly $34 million compared with March; its fixed-income new product released in partnership with Pendle attracted $44.1 million in funding for a single month’s total locked value (TVL).
SKY3.53%
PENDLE0.25%
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