Sky Protocol Revenue Nears $419M Annualized As USDS Demand Supports DeFi Income

Sky Protocol’s annualized gross revenue has climbed close to $419 million, according to its governance status dashboard, giving DeFi investors another reason to pay attention to protocol fundamentals rather than only token prices.
The figure is dynamic and can change as rates, deposits, and protocol activity shift. It should not be treated as a fixed yearly result. But it is still a meaningful snapshot of the income profile behind the Sky ecosystem.
Sky’s revenue is tied to the broad