Topic Archive

#Sky Protocol

4 Stories Found

Coins•Nov 2, 2026

Sky Protocol Reports Q3 Revenue of $37.19M, Sixth Consecutive Profitable Quarter

Key Highlights: Sky Protocol has demonstrated notable net revenue growth, pointing to expanding adoption across retail and institutional decentralized finance (DeFi) participants. Despite solid financial metrics, trading volume for the protocol’s asset is currently sitting at zero, signaling subdued immediate market activity. Market observers are monitoring whether the platform’s revenue milestones and native stablecoin, sUSDS, ...

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Coins•Nov 2, 2026

Sky Ecosystem Raises Savings Rate for sUSDS Holders to 3.80%

Key Highlights: sUSDS currently records a reported price of $0 alongside zero trading volume over the trailing 24-hour window, pointing to an ongoing consolidation phase. The asset operates as a stablecoin tied to a variable, governance-set savings rate financed directly through the Sky protocol’s aggregate surplus. Market observers are tracking post-announcement user engagement and competitive ...

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Coins•Oct 30, 2026

New Altcoin Report Reveals Millions in Profits, Outlines Buyback and Burn Details

Key Highlights: Sky (formerly MakerDAO) boosted its protocol reserves by $28.47 million during the quarter, elevating total reserves to $85.08 million. Net income is actively supporting value-accrual mechanisms, including $SKY buybacks, USDS staking rewards, and an inaugural burn of 2.86 million $SKY tokens on September 13. Quarter-end protocol collateral reached $11.41 billion, with the USDS ...

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Coins•Oct 8, 2026

Why SKY Crypto’s 12% Price Drop Raises the Risk of Further Losses

Key Highlights: The Whale Retail Delta climbed to 0.288, triggering widespread market liquidations where long traders lost around $63,000 compared to just $84 lost by short traders. Perpetual derivatives indicators signal potential downside for $SKY as the Funding Rate slipped into negative territory at -0.0008% and Open Interest dropped 13% to approximately $51 million. Despite ...

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