Standard Chartered initiated coverage of the SKY token, from the decentralized finance platform of the same name—formerly known as MakerDAO—, with a price target of $0.325 by end of 2028,
TL;DR: The LITE-PSM-USDC-A module records reserves of 4.13 billion dollars in USDC, reflecting a 108% increase compared to October 2024. The technical proposal seeks to raise
TL;DR Joseph Lubin transferred 110,000 ETH worth approximately $170 million into Sky vaults to reinforce collateral backing a major DAI borrowing position. The transaction reactivated a
Spark Protocol is a growing part of the DeFi landscape, offering a structured way for users and apps to access stablecoin liquidity and on‑chain yield. It
The Sky protocol announced the native deployment of its USDS stablecoin and its yield-bearing version, sUSDS, on the Avalanche network. The integration, which took place this
TL;DR Sky cut daily buybacks from $300,000 to $37,600 for three months, an 87% reduction aimed at strengthening reserves behind USDS and DAI. USDS grew above
TL;DR Bitcoin remains above $90,000, but the “Fear and Greed” market reading is still at 18. Double-digit gain Altcoins like Kaspa (16%), Flare (13%), and SKY
TL;DR Obex raised $37 million to incubate real-world asset-backed stablecoins, in partnership with Framework Ventures, LayerZero, and Sky. The incubator offers a 12-week program providing capital,
TL;DR Buyback Scale: The protocol has spent $75M over six months repurchasing SKY tokens using its USDS stablecoin to cut circulating supply and strengthen market value.
TL;DR July settlement volumes surpassed $1.5 trillion, marking the highest monthly record since data collection began and reflecting growing use across DeFi protocols. Circle USD Coin
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