Sky Lending (SKY)
Total Value Locked$7.024b
TVL by Chain
Ethereum$6.558b
staking$466.65m
Key Metrics
Fees (Annualized)$434.2m
Fees 30d$35.59m
Fees 7d$8.12m
Fees 24h$1.24m
Cumulative Fees$941.37m
Revenue (Annualized)$161.22m
Revenue 30d$13.21m
Revenue 7d$2.83m
Revenue 24h$517,241
Cumulative Revenue$491.16m
Holders Revenue (Annualized)$100.12m
Holders Revenue 30d$8.21m
Holders Revenue 7d$1.93m
Holders Revenue 24h$276,829
Cumulative Holders Revenue$127.97m
Staked$466.65m
$SKY Liquidity$2.06m
Uniswap V3$2.06m
Total Raised$54.5m
Dec 15, 2017$12mRound: Investors: Polychain Capital, Andreessen Horowitz, Distributed Capital Partners, Scanate, FBG Capital, Wyre Capital, Walden Bridge Capital, 1ConfirmationSource: https://medium.com/@MakerDAO/maker-sells-12m-of-mkr-to-partners-led-by-andreessen-horowitz-and-polychain-capital-68b2b26548
Sep 24, 2018$15mRound: Investors: a16zSource: https://cointelegraph.com/news/andreessen-horowitz-invests-15-million-in-stablecoin-firm-makerdao
Dec 19, 2019$27.5mRound: Investors: Dragonfly Capital, Inflection, ParadigmSource: https://blog.makerdao.com/maker-foundation-announces-27-5-million-mkr-sale-to-dragonfly-capital-partners-and-paradigm/
Annual Operational Expenses$27.66m
Headcount97
Others$7.91m
Salaries$18.54m
Delegates$1.21m
Sourceshttps://expenses.makerdao.network/https://expenses.makerdao.network/recognized-delegates/finances/reports?viewMonth=Feb2023
NotesBased on data from Feb 2023
Last UpdateApr 29, 2023
Protocol Information
The USDS stablecoin powers the open Sky ecosystem. It is the upgraded version of DAI, providing new ways for you to have more rewarding crypto experiences.
Category:CDP
Audits:
Methodology
TVL: Counts all the tokens being used as collateral of CDPs. On the technical level, we get all the collateral tokens by fetching events, get the amounts locked by calling balanceOf() directly, unwrap any uniswap LP tokens and then get the price of each token from coingecko. Also includes PSM USDC balance.View code on GitHubFees: Stability fees charged on DAI loans, liquidation income from collateral auctions, and PSM (Peg Stability Module) fees from USDC/DAI conversionsView code on GitHubRevenue: Fees collected minus savings rate paid to DSR depositors and operational expensesView code on GitHubHolders Revenue: SKY token buybacks + staking rewards for sky stakersView code on GitHubIncome Statement for Sky Lending
| Q4 2025* | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 | Q1 2020 | Q4 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fees | $76.11m | $104.43m | $84.42m | $113.66m | $97.47m | $67.16m | $85.85m | $67.09m | $51.87m | $37.82m | $15.47m | $8.3m | $4.86m | $3.64m | $11.79m | $22.63m | $26.76m | $11.3m | $30.56m | $15.03m | $3.14m | $221,277 | $33,719 | $1.54m | $219,567 |
| Revenue | $31.25m | $49.57m | $23.41m | $18.29m | $44.04m | $31.76m | $39.69m | $42.28m | $31.52m | $25.29m | $15.07m | $8.14m | $4.85m | $3.64m | $11.79m | $22.63m | $26.76m | $11.3m | $30.55m | $15.03m | $3.14m | $221,277 | $33,719 | $735,683 | $162,456 |
| Earnings | $31.25m | $49.57m | $23.41m | $18.29m | $44.04m | $31.76m | $39.69m | $42.28m | $31.52m | $25.29m | $15.07m | $8.14m | $4.85m | $3.64m | $11.79m | $22.63m | $26.76m | $11.3m | $30.55m | $15.03m | $3.14m | $221,277 | $33,719 | $735,683 | $162,456 |
| Token Holder Net Income | $21.73m | $36.39m | $46.97m | $22.51m | $366,417 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |