{"id":422084,"date":"2026-03-14T22:44:41","date_gmt":"2026-03-14T17:14:41","guid":{"rendered":"https:\/\/dripp.zone\/news\/sky-tvl-surges-38-in-march-crypto-news\/"},"modified":"2026-03-14T22:49:33","modified_gmt":"2026-03-14T17:19:33","slug":"sky-tvl-surges-38-in-march-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/sky-tvl-surges-38-in-march-crypto-news\/","title":{"rendered":"Sky TVL Surges 38% in March &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p>Sky is now the fourth-largest DeFi protocol as RWA-backed yields drive inflows.<\/p>\n<div>\n<p>Sky, the <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/defi\/sky-completes-rebrand-by-launching-new-dapp-and-tokens\" target=\"__blank\" rel=\"noopener noreferrer \">successor to MakerDAO<\/a>, is off to a strong start this month, with its total value locked (TVL) climbing to $7.52 billion, a 38% increase since March 1, according to DefiLlama.<\/p>\n<p>This makes Sky the fourth-largest decentralized finance (DeFi) protocol by TVL, trailing Aave, Lido, and EigenCloud. The sUSDS <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.sky.money\/?widget=savings&#038;network=ethereum&#038;flow=supply\" target=\"__blank\" rel=\"noopener noreferrer \">savings pool<\/a> alone accounts for approximately $6.5 billion in deposits and has attracted nearly $1.3 billion since the start of the month.<\/p>\n<figure><figcaption class=\"text-center text-xs\">Sky Savings Pool<\/figcaption><\/figure>\n<p>As <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/research-and-opinion\/ethena-s-deployed-capital-slumps-as-demand-for-leverage-dries-up\" target=\"__blank\" rel=\"noopener noreferrer \">DeFi yields have dried up<\/a> in the wake of the market downturn, Sky\u2019s fixed 3.75% savings rate is higher than stablecoin supply rates on major protocols like Aave and Morpho. For example, supplying USDT or USDC on Aave\u2019s <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.aave.com\/?ampDeviceId=33c333b4-f814-4b61-82d3-b690078a09ef&#038;marketName=proto_mainnet_v3\" target=\"__blank\" rel=\"noopener noreferrer \">Ethereum markets<\/a> currently yields less than 2%.<\/p>\n<p>\u201cYield is definitely the main factor, but it&#8217;s also one of the lowest risk, liquid yield sources in DeFi,\u201d <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=0f_wDXQBCBU\" target=\"__blank\" rel=\"noopener noreferrer \">Sam MacPherson, CEO of Phoenix Labs<\/a>, told The Defiant.<\/p>\n<p>Sky founder Rune Christensen also emphasized that users are prioritizing safety amid the market turbulence.<\/p>\n<p>\u201cHonestly, it&#8217;s the classic story of how Sky, just like Maker used to, always does better in bear markets because it&#8217;s just focused on a solid product that can be trusted to be stable and deliver good returns,\u201d Christensen told The Defiant.<\/p>\n<p>The SKY token has rallied alongside the surge in TVL. The token is up approximately 4% over the past seven days and 12% over the past month, according to CoinGecko. <\/p>\n<figure><img alt=\"SKY Chart\" loading=\"lazy\" width=\"818\" height=\"466\" decoding=\"async\" data-nimg=\"1\" class=\"mx-auto\" style=\"color:transparent;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(\"data:image\/svg+xml;charset=utf-8,%3Csvg xmlns='http:\/\/www.w3.org\/2000\/svg' viewBox='0 0 818 466'%3E%3Cfilter id='b' color-interpolation-filters='sRGB'%3E%3CfeGaussianBlur stdDeviation='20'\/%3E%3CfeColorMatrix values='1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 100 -1' result='s'\/%3E%3CfeFlood x='0' y='0' width='100%25' height='100%25'\/%3E%3CfeComposite operator='out' in='s'\/%3E%3CfeComposite in2='SourceGraphic'\/%3E%3CfeGaussianBlur stdDeviation='20'\/%3E%3C\/filter%3E%3Cimage width='100%25' height='100%25' x='0' y='0' preserveAspectRatio='none' style='filter: url(%23b);' href='data:image\/jpeg;base64,\/9j\/2wBDAAYEBQYFBAYGBQYHBwYIChAKCgkJChQODwwQFxQYGBcUFhYaHSUfGhsjHBYWICwgIyYnKSopGR8tMC0oMCUoKSj\/2wBDAQcHBwoIChMKChMoGhYaKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCgoKCj\/wAARCAAGAAoDASIAAhEBAxEB\/8QAFgABAQEAAAAAAAAAAAAAAAAAAAMI\/8QAGxAAAwACAwAAAAAAAAAAAAAAAAECERITYnH\/xAAVAQEBAAAAAAAAAAAAAAAAAAAAAv\/EABYRAQEBAAAAAAAAAAAAAAAAAAABEf\/aAAwDAQACEQMRAD8A1Bbupa2x4T4uzACclf\/Z'\/%3E%3C\/svg%3E\")\" srcset=\"\/_next\/image?url=https%3A%2F%2Fcdn.thedefiant.io%2Fpasted-1773500431023-png-4f7490c4-2465-44d9-895e-c370feb42cbe.png&#038;w=828&#038;q=100 1x, \/_next\/image?url=https%3A%2F%2Fcdn.thedefiant.io%2Fpasted-1773500431023-png-4f7490c4-2465-44d9-895e-c370feb42cbe.png&#038;w=1920&#038;q=100 2x\" src=\"https:\/\/thedefiant.io\/_next\/image?url=https%3A%2F%2Fcdn.thedefiant.io%2Fpasted-1773500431023-png-4f7490c4-2465-44d9-895e-c370feb42cbe.png&#038;w=1920&#038;q=100\"\/><figcaption class=\"text-center text-xs\">SKY Chart<\/figcaption><\/figure>\n<p>The token remains about 26% below its all-time high, per CoinGecko, with a market capitalization of roughly $1.7 billion. <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sky is now the fourth-largest DeFi protocol as RWA-backed yields drive inflows. Sky, the successor to MakerDAO, is off to a strong start this month, with its total value locked (TVL) climbing to $7.52 billion, a 38% increase since March 1, according to DefiLlama. This makes Sky the fourth-largest decentralized finance (DeFi) protocol by TVL, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":422091,"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-422084","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\/422084","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=422084"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/422084\/revisions"}],"predecessor-version":[{"id":422096,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/422084\/revisions\/422096"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/422091"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=422084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=422084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=422084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}