Cumulative sUSDS yield payouts topped $250 million as Grove launched its GROVE governance token and a new Fixed Yield product crossed $44.1 million in TVL.
Sky Frontier Foundation, the entity handling reporting for the Sky Ecosystem, disclosed a record $419.08 million annualized gross revenue run-rate in its June 2026 Financial & Operational Update, published Friday. Sky, formerly MakerDAO and now a $6.12 billion-TVL lending and stablecoin protocol per DefiLlama, also reported cumulative sUSDS savings-rate yield distributions surpassing $250 million since inception.
The update, also summarized by Sky’s official X account, said the month brought “record revenue run rates” and “continued Sky Reserves growth.” Sky Reserves, the protocol’s onchain buffer asset holdings, reached $82.5 million, up $33.7 million since March, according to the forum post.
Grove, a Sky-affiliated real-world-asset initiative, launched GROVE, its native governance token, during June, the update said. Separately, Sky’s Fixed Yield product built on sUSDS crossed $44.1 million in TVL in its first month live, the report said.
DefiLlama’s own fee tracking, which counts total user-paid fees rather than Sky’s “gross revenue” framing, shows Sky generating $30.14 million in fees over the trailing 30 days, an annualized pace of roughly $367 million. That is in the same range as Sky’s self-reported $419.08 million figure.
