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Sky Protocol Reports Q2 Revenue of $107.35M, Up 10.5% Year-over-Year

Industry Reports Project Progress

2026-07-23 13:34:10

SKY-2.58%

According to Sky Frontier Foundation's Q2 2026 report released on July 23, Sky Protocol reported total protocol revenue of $107.35 million in the second quarter, up 10.5% year-over-year. Net protocol revenue reached $40.09 million, growing 25.1% YoY. Protocol collateral increased 45.5% to $12.32 billion, while sUSDS reached $5.52 billion, up 149% year-over-year. The protocol achieved its fifth consecutive quarterly profit, with net protocol surplus of $33.29 million.

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