<\/p>\n
The Sky Savings Rate is attracting significant capital, with deposits growing by more than 60% over the last 30 days.<\/p>\n
The SKY token is soaring today as the total value locked (TVL) in the Sky Savings platform hits a new all-time high of $4 billion.<\/p>\n
SKY is up 14%<\/a> today amid a sea of red, as continued BTC weakness is pressuring the altcoin market. <\/p>\n While today\u2019s price surge makes SKY an outlier compared to the rest of the market, the token is still down 9% over the last month and has yet to recover from the mass altcoin liquidation event on Oct. 10<\/a>. <\/p>\n Sky Savings allows users to deposit USDS and DAI to earn a variable savings rate. The vault consists primarily of USDS, which accounts for more than 91% of Sky Savings TVL, while just 8% is made up of DAI. <\/p>\n SSR\u2019s TVL has been one of legacy DeFi\u2019s big winners in 2025, growing by 63% over the last month, and 150% since Jan 1. Currently, it pays out 4.5% on USDS and 1.25% on DAI, which explains why the TVL is heavily skewed towards USDS.<\/p>\n Sky, formerly known as MakerDAO, completed its rebrand<\/a> in August 2024, with the MKR token migrating to SKY in September 2024 alongside the launch of the USDS stablecoin.<\/p>\n While SKY still trades far below MKR\u2019s all-time high market capitalization of $5.5 billion<\/a>, the protocol remains one of the top 10 largest DeFi protocols, with $6.65 billion<\/a> in TVL.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" The Sky Savings Rate is attracting significant capital, with deposits growing by more than 60% over the last 30 days. The SKY token is soaring today as the total value locked (TVL) in the Sky Savings platform hits a new all-time high of $4 billion. SKY is up 14% today amid a sea of red, […]<\/p>\n","protected":false},"author":2,"featured_media":410994,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-410991","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/410991","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=410991"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/410991\/revisions"}],"predecessor-version":[{"id":410995,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/410991\/revisions\/410995"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/410994"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=410991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=410991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=410991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}