Sky Ecosystem
Insights

The central hub for financial reporting, operational updates and ecosystem data. Delivering clear transparency on the fundamental health of Sky Ecosystem.

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Sky Ecosystem Quarterly & Annual Reports

The following reports are produced by Sky Frontier Foundation, an independent foundation, to provide the community and institutional observers with quarterly and annual analysis of the Sky Ecosystem.

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January 29, 2026

Sky Ecosystem Q4 Update and 2026 Outlook Summary

This report details the Sky Ecosystem’s efficient scaling in 2025, featuring a 74% surge in USDS supply and $338 million in revenue. It outlines the 2026 strategic shift toward aggressive market expansion, projected to drive USDS supply to $20.6B through diversified real-world yield sources.

Q4
2026
Quarterly Reports
December 19, 2025

Annual State of Sky Ecosystem

This report provides an overview of Sky Ecosystem financial and performance metrics for 2025, and outlines the strategic capital allocation updates and financial outlook for the upcoming quarters of 2026.

Q4
2025
Quarterly Reports

Press Releases

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Monthly Updates

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April 9th, 2026

Sky Ecosystem: March Financial & Operational Update

Welcome to the inaugural March Financial & Operational Update, published by the Sky Frontier Foundation.

Press Releases

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March 23, 2026
NovaBay Pharmaceuticals Announces Name Change to Stablecoin Development Corporation, Reports Initial Staking Rewards, and Provides SKY Token Holdings Update

Following $134M investment from R01 Fund LP, Framework Ventures, Tether Investments, S.A. de C.V., and Sky Frontier Foundation, Stablecoin Development Corporation has acquired 2.06B SKY tokens.

February 23, 2026
Better and Framework Ventures Announce Strategic Partnership to Enable Deployment of $500MM into Better via Sky’s Stablecoin Ecosystem

Better will join Sky as a “Star”, bringing a powerful new source of yield on-chain for the world’s third largest stablecoin.

December 17, 2025
Sky Ecosystem Is Generating $435M in Annualized Protocol Revenue and $168M in Annualized Protocol Profits

Annual State of Sky Ecosystem 2025 report sets a new standard for transparency in onchain finance. In 2025, the onchain protocol grew USDS supply 86% to $9.9B.

Monthly Updates

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April 9, 2026

Sky Ecosystem: March Financial & Operational Update

Welcome to the inaugural March Financial & Operational Update, published by the Sky Frontier Foundation.

Sky Ecosystem Statistics

9.71B
Stablecoin Supply
$1.44B
SKY Market Cap
$0.0627
SKY Price
For more data on Sky Ecosystem, explore the dashboard here.

Institutional & Analyst Inquiries

For funds, researchers, and professional participants seeking specific data requests or further clarification on Sky Ecosystem metrics.

insights@skyeco.com
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