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Sky Sky curated stablecoin vaults

About Sky

Sky has 7 vaults with $117.9M TVL and a 2.3% APY over the last 30 days. Sky.money is a non-custodial interface to Sky Protocol for USDS, sUSDS, vaults, rewards, and SKY participation.

The curator may have more vaults outside supported blockchains and vault protocols.

Latest posts from Sky

A decade of building financial infrastructure onchain. In 2014, the foundations of what would become Sky Protocol began taking shape. The original vision was to create decentralized stablecoin infrastructure governed through smart contracts: transparent collateral, programmatic risk management, and monetary policy coordinated by tokenholders. That architecture went live in 2017 with the launch of Single-Collateral DAI on Ethereum. Two years later, Multi-Collateral DAI expanded the range of assets supporting the system, while the DAI Savings Rate introduced programmatic onchain savings. The architecture continued to evolve through 2020 and 2021. Real-world assets began connecting protocol liquidity with offchain credit markets. Then, with the dissolution of the Maker Foundation in 2021, responsibility for the system moved fully to decentralized governance. In 2023, Spark demonstrated how a specialized, independent capital allocator could operate on top of the protocol’s liquidity infrastructure. That model became the foundation for something larger. In 2024, MakerDAO evolved into Sky Ecosystem with the launch of USDS, sUSDS, and SKY, alongside an architecture designed to support a network of independent capital allocators. Throughout 2025 and into 2026, the Sky Agent Network expanded across crypto lending, stablecoin liquidity, tokenized Treasuries, structured credit, private credit, and other capital markets, all within governance-defined parameters. Each stage expanded what the infrastructure could support. Each market cycle tested the system already in place. Together, these developments transformed an early decentralized stablecoin protocol into one of the largest capital allocation systems onchain. More than a decade of building, testing, and evolving. The foundation is proven. The work continues. Onwards ❯❯
7 vaults out of 4756 TVL $118M Avg. return 2.31% Stablecoin-only Updated
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3M price
Ethereum
sky.money USDT Savings Morpho
2.7%2.6%1.3% 64.00.0%0.0%USDT
$62.45M $180.28M
0.5
0.0%/ 0.0%
Instant Negligible
sky.money USDT Savings 90 day price
View sky.money USDT Savings details
Ethereum
sky.money USDS Flagship Morpho
0.6%0.6%0.2% 60.30.0%0.0%USDS
$39.99M $65.01M
0.5
0.0%/ 0.0%
Instant Negligible
sky.money USDS Flagship 90 day price
View sky.money USDS Flagship details
Ethereum
sky.money USDC Risk Capital Morpho
5.1%5.6%2.3% 82.70.1%0.0%USDC
$13.07M $48.85M
0.5
0.0%/ 0.0%
Instant Negligible
sky.money USDC Risk Capital 90 day price
View sky.money USDC Risk Capital details
Ethereum
sky.money USDS Risk Capital Morpho
5.1%5.3%2.8% 71.00.1%0.0%USDS
$1.18M $41.85M
0.6
0.0%/ 0.0%
Instant Negligible
sky.money USDS Risk Capital 90 day price
View sky.money USDS Risk Capital details
Ethereum
sky.money USDT Risk Capital Morpho
5.4%5.1%2.1% 36.81.1%0.0%USDT
$640.93K $45.83M
0.5
0.0%/ 0.0%
Instant Negligible
sky.money USDT Risk Capital 90 day price
View sky.money USDT Risk Capital details
Ethereum
Origami sUSDS + Sky Farms Unknown vault protocol
6.9%* 4.2%* 12.3%* 7.00.6%0.0%USDS
$562.39K $2.80M
1.8
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Unknown Unknown
Origami sUSDS + Sky Farms 90 day price
View Origami sUSDS + Sky Farms details
Ethereum
Yield Bearing Sky USDS Kiln
2.9%* 3.0%* 5.0%* 53.50.5%0.0%USDS
$17.92K $18.89K
1.4
0.0%/ 15.0%
Instant Low
Yield Bearing Sky USDS 90 day price
View Yield Bearing Sky USDS details

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