Sky Protocol prints record $419mln revenue – Will 2026 keep favoring it?

ambcryptoPublicado a 2026-07-11Actualizado a 2026-07-11

Resumen

Sky Protocol reported strong growth amid a struggling broader crypto market in 2026, with its annualized gross revenue run rate reaching a record $419.08 million. The protocol's reserves grew to $82.5 million, and cumulative yield for sUSDS holders surpassed $250 million. sUSDS deposits and USDS supply saw significant year-over-year increases of 85% and 96.9%, respectively. Following the positive report, the native token SKY posted gains, reclaiming key moving averages and trading around $0.0602. The rally was supported by increased capital inflows, with USD inflows surging to $120 million and strengthened demand in both Spot and Futures markets. Technical indicators like the Stochastic Momentum Index suggested improving momentum, potentially opening the door for a move toward $0.064. However, a loss of momentum could see SKY retreat to $0.056. The team also announced plans to enhance ecosystem security and reduce operational costs.

While the broader crypto market struggled throughout 2026, some protocols continued posting strong growth. Sky Protocol was one of them, reporting record revenue and earnings.

How strong was Sky Protocol’s growth?

Sky Frontier Foundation reported that Sky Protocol’s annualized gross revenue run rate reached a record $419.08 million. The June report covered the previous three monthly settlement cycles.

According to the report, Sky Reserves closed June at $82.5 million, up approximately $33.7 million from March.

Additionally, cumulative yield accrued to Sky Savings USDS (sUSDS) holders has surpassed $250 million since inception.

Source: SKY Frontier Foundation

Meanwhile, sUSDS deposits grew 85% year over year from $3.4 billion, while USDS supply expanded 96.9% over the same period. Following the strong results, Sky Frontier Foundation outlined plans to strengthen the ecosystem.

The team plans to lead an ecosystem-wide security hardening effort to reduce security risks while lowering operational costs.

Did SKY holders respond?

Following the earnings report, the native token SKY posted notable gains. The token defended $0.05 before climbing to a local high of $0.06.

In the process, SKY reclaimed both the 20-day and 50-day Exponential Moving Averages (EMAs). At press time, SKY traded around $0.0602, up 4.98% over the previous 24 hours.

Source: DeFiLlama

The rally coincided with stronger capital inflows into the protocol. United States dollar (USD) inflows surged to $120 million from $2.4 million a day earlier.

On top of that, demand strengthened across both Spot and Futures markets. In Futures trading, inflows rose to $4.16 million, while outflows fell to $3.97 million.

Source: CoinGlass

As a result, Futures Netflow climbed 14% to $190,000, suggesting traders opened more leveraged positions.

Meanwhile, buyers continued accumulating in the Spot market for a fourth consecutive day. At press time, Spot Netflow stood near -$66,000, indicating more SKY left exchanges than entered.

Source: CoinGlass

Can SKY extend its rally?

Strong demand also supported the token’s momentum. The Stochastic Momentum Index (SMI) climbed to 42.

Source: TradingView

Although the SMI remained below 50, its steady rise suggested improving momentum.

If buying demand persists, the indicator could cross 50, strengthening the bullish outlook. That scenario could open the door for a move toward $0.064 in the short to medium term.

However, if recent gains lose momentum, SKY could fall below $0.06 and revisit $0.056.


Final Summary

  • Sky Protocol’s annualized gross revenue run rate reached a record $419.08 million, while reserves and deposits continued growing.
  • SKY reclaimed key moving averages as Spot demand and Futures activity improved, though $0.06 remains an important support level.

Criptos en tendencia

Preguntas relacionadas

QWhat was Sky Protocol's annualized gross revenue run rate as reported for June 2026?

ASky Protocol's annualized gross revenue run rate reached a record $419.08 million.

QHow did the price of the native token SKY respond following the earnings report?

AFollowing the earnings report, the SKY token price increased, reclaiming the 20-day and 50-day EMAs and trading around $0.0602, up 4.98% over 24 hours.

QWhat evidence does the article provide for strong investor demand for SKY?

AThe article points to strong capital inflows into the protocol, increased Futures trading activity with a positive netflow, and four consecutive days of buyers accumulating SKY in the Spot market, indicated by a negative Spot Netflow.

QAccording to the analysis in the article, what is the potential short-to-medium term price target for SKY if bullish momentum continues?

AIf buying demand persists and the Stochastic Momentum Index (SMI) crosses above 50, the bullish outlook could open the door for a price move toward $0.064 in the short to medium term.

QWhat was one of the key plans outlined by the Sky Frontier Foundation following the strong results?

AThe Sky Frontier Foundation planned to lead an ecosystem-wide security hardening effort to reduce security risks while lowering operational costs.

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¡Bienvenido a HTX.com! Hemos hecho que comprar sky (SKY) sea simple y conveniente. Sigue nuestra guía paso a paso para iniciar tu viaje de criptos.Paso 1: crea tu cuenta HTXUtiliza tu correo electrónico o número de teléfono para registrarte y obtener una cuenta gratuita en HTX. Experimenta un proceso de registro sin complicaciones y desbloquea todas las funciones.Obtener mi cuentaPaso 2: ve a Comprar cripto y elige tu método de pagoTarjeta de crédito/débito: usa tu Visa o Mastercard para comprar sky (SKY) al instante.Saldo: utiliza fondos del saldo de tu cuenta HTX para tradear sin problemas.Terceros: hemos agregado métodos de pago populares como Google Pay y Apple Pay para mejorar la comodidad.P2P: tradear directamente con otros usuarios en HTX.Over-the-Counter (OTC): ofrecemos servicios personalizados y tipos de cambio competitivos para los traders.Paso 3: guarda tu sky (SKY)Después de comprar tu sky (SKY), guárdalo en tu cuenta HTX. Alternativamente, puedes enviarlo a otro lugar mediante transferencia blockchain o utilizarlo para tradear otras criptomonedas.Paso 4: tradear sky (SKY)Tradear fácilmente con sky (SKY) en HTX's mercado spot. Simplemente accede a tu cuenta, selecciona tu par de trading, ejecuta tus trades y monitorea en tiempo real. Ofrecemos una experiencia fácil de usar tanto para principiantes como para traders experimentados.

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