DeFi lender Sky hits $124m revenue record. Yet token holders aren’t impressed

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Comments