Sky Protocol Reports Over $100M in Quarterly Revenue as sUSDS Supply Surges 149%
Sky Protocol (SKY) reported quarterly gross revenue of $107.35 million, a year-over-year increase of 10.5%, driven by rising demand for its savings tokens and institutional allocations. The supply of rate-bearing stablecoin sUSDS surged to $5.52 billion, up 149% from the previous year.
Topics: institutional allocations revenue growth Sky Protocol sUSDS stablecoin supply