Sky (SKY)

The latest developments in DeFi👇 @variational_io raised $50M in funding and launched RWA perps @Polymarket launched pre-IPO markets for trading private companies @SkyMoney increased SKY Staking Rate from 1.31% to 5.71% (fueled by buybacks) @pendle_fi released the Pendle Trading Alert Bot, enabling users to set alerts for limit order fills, new market launches, and more @chainlink SVR was integrated into Aave V4, adding a new revenue stream for Aave from liquidation MEV @Lighter_xyz announced Lighter RFQ, bringing institutional-grade liquidity for RWA pairs CME and NYSE are pushing the US to force Hyperliquid to integrate KYC @prjx_hl announced an airdrop (likely in stablecoins) for May 22 Bitwise committed to use 10% of the revenue from its Hyperliquid ETF to buy HYPE SEC is allegedly preparing to allow on-chain tokenized stock trading Lombard and Kraken are migrating from LayerZero to Chainlink CCIP for their cross-chain infrastructure Japan officially recognized stablecoins as legal payment met

The latest developments in DeFi👇 @variational_io raised $50M in funding and launched RWA perps @Polymarket launched pre-IPO markets for trading private companies @SkyMoney increased SKY Staking Rate from 1.31% to 5.71% (fueled by buybacks) @pendle_fi released the Pendle Trading Alert Bot, enabling users to set alerts for limit order fills, new market launches, and more @chainlink SVR was integrated into Aave V4, adding a new revenue stream for Aave from liquidation MEV @Lighter_xyz announced Lighter RFQ, bringing institutional-grade liquidity for RWA pairs CME and NYSE are pushing the US to force Hyperliquid to integrate KYC @prjx_hl announced an airdrop (likely in stablecoins) for May 22 Bitwise committed to use 10% of the revenue from its Hyperliquid ETF to buy HYPE SEC is allegedly preparing to allow on-chain tokenized stock trading Lombard and Kraken are migrating from LayerZero to Chainlink CCIP for their cross-chain infrastructure Japan officially recognized stablecoins as legal payment met

one of the only bright spots in onchain finance right now is @SkyEcosystem 10 years. zero core smart contract exploits. zero user funds lost most protocols treat security as a checkbox, Sky treats it as the product financial services are nothing without trust. risk is the number 1 thing institutions care about before allocating capital Sky is one of the only protocols to come out of DeFi that has focused relentlessly on this every market cycle, every collapse, every industry exploit has become an input into making their system more resilient as a result, sUSDS is now the world's largest yield-generating stablecoin and USDS is the third-largest stablecoin globally this is what institutional DeFi actually looks like design for the worst case scenario, not for hype the protocols that will underwrite the next era of global finance are being built this way

17.1B SKY staked. 72.8% of the entire circulating supply. $1.2B in TVL. These numbers tell a story. So why would you stake your SKY? ↓ https://t.co/M71jvCdqEk

17.1B SKY staked. 72.8% of the entire circulating supply. $1.2B in TVL. These numbers tell a story. So why would you stake your SKY? ↓ https://t.co/M71jvCdqEk

https://t.co/DT7t4NeDOm

Security sounds boring, but Rune says it's actually Sky's growth strategy. In decentralized systems, security and risk management are what ENABLE scale - not what slow it down. "The key to growing $SKY huge and massive and making tons of profits - the key to that is through security and risk management." You can only onboard more collateral and more complexity if you can mathematically prove you understand every corner of your risk. That's the moat. FT @andyyy @therollupco @RuneKek @SkyEcosystem

Sky's decade of boring security obsession just paid off. During the worst DeFi contagion event in years, $SKY saw a "flight to quality." Users pulled out briefly - then came right back. "That really paid off in this crisis because you've got a sort of flight to quality." When the rest of DeFi was freezing up, Sky's track record meant users knew where to put their money. FT @andyyy @therollupco @RuneKek @SkyEcosystem