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via DLNews · By DLNews Staff
DeFi lender Sky hits $124m revenue record. Yet token holders aren’t impressed
DS
DLNews Staff(04:20 PM UTC)
1 min read
- Sky posts Q1 2026 financial results.
- The protocol registered record revenue.
- Sky's governance token declined in value.
Sky is the most profitable it has ever been — and it might have institutions to thank for that.
On Wednesday, the Sky Frontier Foundation released the Q1 2026 financial results for the $13 billion lender, revealing it made nearly $124 million in gross revenue, and almost $61 million…
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