Sky (MakerDAO ecosystem)
Sky (the evolved MakerDAO ecosystem) is one of Ethereum's most important "DeFi-native central banks," centered around DAI--a widely used decentralized
Category: DeFi stablecoin + savings
Products / brands: Sky Protocol, DAI, Sky Savings Rate, Sky.money
Sky (the evolved MakerDAO ecosystem) is one of Ethereum’s most important “DeFi-native central banks,” centered around DAI–a widely used decentralized stablecoin–and onchain savings and collateral systems. DAI supports trading, payments, and DeFi liquidity across Ethereum and multiple L2s, acting as a key stable settlement asset. DefiLlama lists Sky Lending with ~$5.86B TVL, while DefiLlama’s stablecoin data shows DAI market cap ~ $4.51B–both indicators of durable Ethereum stablecoin demand. For SEO keywords like “decentralized stablecoin,” “DAI savings rate,” and “Ethereum DeFi yield,” Sky remains foundational.
Key metrics: TVL ~ $5.86B (Sky Lending); DAI market cap ~ $4.51B (DefiLlama).
Sources: DefiLlama Sky Lending: https://defillama.com/protocol/sky-lending - DefiLlama DAI: https://defillama.com/stablecoin/dai
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