Insights

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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

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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.

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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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