Sky (formerly MakerDAO)
Sky Launches Fixed-Rate Yield Product Built on Pendle, Targeting $6B sUSDS Pool
Sky (formerly MakerDAO) launched Fixed Yield on Wednesday — a term-based alternative to the variable Sky Savings Rate built on Pendle Protocol v2, giving sUSDS depositors a locked rate to a named maturity date.
Spark Publishes Risk Framework for Sky Agent Network Built on Sky Protocol Security Principles
Spark has released a comprehensive risk framework for the Sky Agent Network, detailing how losses are absorbed and risk is bounded across Spark Savings, SparkLend, and the Spark Liquidity Layer.
Sky Proposes to Streamline Treasury Management
With Genesis Capital fully deployed, the protocol looks to shift from governance-determined capital outflows to rules-bound expenses capped at a fixed percentage of revenue.
Obex Starts Deploying $1B in USDS Into Mortgages, AI Hardware, and Solar Energy
The Sky-backed stablecoin incubator's inaugural class of eight projects marks the protocol's biggest push yet to diversify beyond crypto-native yield sources.
NovaBay Rebrands as 'Stablecoin Development Corporation' With Nearly 9% of SKY Supply
The company, which generated less than $10 million in revenue last year selling eyecare products, raised $134 million to bet entirely on the Sky protocol's governance token.
Sky TVL Surges 38% in March
Sky is now the fourth-largest DeFi protocol as RWA-backed yields drive inflows.
SKY Surges 14% as Savings TVL Passes $4 Billion
The Sky Savings Rate is attracting significant capital, with deposits growing by more than 60% over the last 30 days.
S&P Sees No Quick Fix for Sky Protocol’s Weak Capital and Centralization
S&P Global handed Sky Protocol a “B-” rating, saying the rating won’t improve within 12 months unless major fixes happen.
Spark Rallies More than 400% as TVL Explodes to $8 Billion
The DeFi capital allocator’s TVL is up 250% since April, and the protocol’s SPK token is now following suit.
Spark Protocol TVL Surges Past $8.5 Billion Fueled by Airdrop Frenzy
Spark’s TVL has more than doubled since April ahead of its upcoming SPK token airdrop.
