Sky Protocol reports record $419M annualized gross revenue in June 2026, with cumulative sUSDS holder yields exceeding $250M.
DeFi & Yields ·
Sky Protocol recorded an annualized gross revenue run rate of $419.08 million in June 2026, marking a new high for the project, according to Sky Frontier Foundation's financial update. The figure is based on activity during the last three Monthly Settlement Cycles. Holders of sUSDS have accumulated over $250 million in total yield through the Sky Savings Rate mechanism since the product's inception, while protocol reserves expanded to $82.5 million—a gain of $33.7 million from March.
The protocol ecosystem continued to develop during the period. Grove, identified as a Prime Agent, introduced its governance token in June. A separate fixed-yield offering for sUSDS, provided through both Sky.Money and Pendle Finance, attracted $44.1 million in total value locked during its first month of operation.
The sustainability of the revenue stream and the scale of accumulated yields suggest operational stability, though the degree to which current run-rate metrics persist beyond the measured period remains unaddressed in the available data.