SKY

Sky

Ethereum

Verified on-chain

CDP. Protocol fees as of 11h ago. Market cap as of 5m ago.

Protocol fees

Totals below are Sky's published daily stability fees, liquidation income, and PSM fees, divided by 365. They are not SKY buybacks.

Fees 24h

$933.3K

Published by Sky

Fees 7d

$6.60M

Closed hours in this window

Fees 30d

$28.25M

Closed hours in this window

Market cap

$1.52B

CoinGecko circulating

Daily protocol fees

Daily gross fees measured by this site. These amounts are not buybacks.

DefiLlama fees CoinGecko Sources

Sky is the rebranded Maker system. Fees are the published daily revenue series. Buybacks 24h are SKY bought by the flapper and sent to the pause proxy. Staking rewards are not included.

Buybacks & burns

SKY buyback definition

Sky says surplus USDS buys SKY through the flapper.

This site verifies Exec logs on the chainlog flapper and sums the SKY sent to the pause proxy.

It cannot count staking-farm rewards, and it cannot call the pause-proxy balance a burn.

Stated policy: the Smart Burn Engine swaps surplus USDS for SKY and sends the SKY to the pause proxy. The verified figure is that Exec total. Staking rewards are not included, and the SKY is not burned on this path. FlapperUniV2SwapOnly.

Sky flapper

Buybacks 24h is SKY bought by the flapper 0x374D9c3d5134052Bc558F432Afa1df6575f07407 and sent to the pause proxy 0xBE8E3e3618f7474F8cB1d074A26afFef007E98FB. Staking rewards are not included. The SKY is not burned on this path. A short or stale scan stays an em dash. It is not $0. Fees above are not buybacks.

Buybacks 24h

1.52M SKY

$98.2K spot

How to rebuild

Rebuild this figure with pnpm reindex:sky. Ledger file.