Sky Dollar

24h change: -0.01%. From $0.9996 to $0.9995.

• Sky Protocol generated $123.79 million in gross revenue during Q1 2026, its highest quarterly total, alongside a $46 million net protocol surplus. USDS supply reached an all-time high near $11.7 billion while sUSDS topped $6.49 billion, establishing it as the largest yield-generating stablecoin globally. The results reflect strong adoption of the upgraded stablecoin following the MakerDAO rebrand, diversified revenue from the Sky Agent Network, and the Sky Savings Rate currently offering 3.75 percent APY. The protocol is shifting focus toward building reserves and institutional use cases for USDS.
• The Sky Agent Network has added new capital allocators, with up to $1 billion in USDS borrowed from the protocol for diversified yield strategies. Partners are building tokenization infrastructure, running DeFi lending platforms, deploying USDS on Solana, and bringing crypto-backed mortgages to traditional finance. This modular approach supports resilient revenue for the Sky Savings Rate independent of any single strategy or market condition. It aligns with the protocol's focus on real-world asset integration and institutional adoption of USDS.