Sky Lending (SKY)
Total Value Locked$5.506b
TVL by Chain
Ethereum$5.506b
Key Metrics
Fees (Annualized)$360.02m
Fees 30d$29.51m
Fees 7d$7.83m
Fees 24h$1.21m
Cumulative Fees$790.34m
Revenue (Annualized)$134.96m
Revenue 30d$11.06m
Revenue 7d$3.75m
Revenue 24h$625,371
Cumulative Revenue$421.41m
Holders Revenue (Annualized)$145.32m
Holders Revenue 30d$11.91m
Holders Revenue 7d$2.79m
Holders Revenue 24h$400,507
Cumulative Holders Revenue$81.76m
Staked$315.51m
$SKY Liquidity$1.82m
Uniswap V3$1.82m
Total Raised$54.5m
Dec 15, 2017$12mRound: Investors: Polychain Capital, Andreessen Horowitz, Distributed Capital Partners, Scanate, FBG, 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
Sky Lending (SKY)
Total Value Locked$5.506b
TVL by Chain
Ethereum$5.506b
Key Metrics
Fees (Annualized)$360.02m
Fees 30d$29.51m
Fees 7d$7.83m
Fees 24h$1.21m
Cumulative Fees$790.34m
Revenue (Annualized)$134.96m
Revenue 30d$11.06m
Revenue 7d$3.75m
Revenue 24h$625,371
Cumulative Revenue$421.41m
Holders Revenue (Annualized)$145.32m
Holders Revenue 30d$11.91m
Holders Revenue 7d$2.79m
Holders Revenue 24h$400,507
Cumulative Holders Revenue$81.76m
Staked$315.51m
$SKY Liquidity$1.82m
Uniswap V3$1.82m
Total Raised$54.5m
Dec 15, 2017$12mRound: Investors: Polychain Capital, Andreessen Horowitz, Distributed Capital Partners, Scanate, FBG, 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
| 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 | $29.51m | $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 | $11.06m | $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 | $11.06m | $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 | $11.91m | $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 |