MakerDAO
Obex Raises $37M to Build 'Y Combinator' for RWA-Backed Stablecoins, Led by Framework, Sky
The incubator aims to fund stablecoin projects backed by compute, energy and fintech credit using Sky's up to $2.5 billion commitment, Framework Ventures' Vance Spencer said in an interview.
Keel Debuts as Sky's Solana-Focused 'Star' With a $2.5B Roadmap to Boost RWAs and DeFi
The new protocol will channel USDS stablecoin reserves into Solana-based lending markets and real-world asset strategies.
S&P Assigns First-Ever Credit Rating to a DeFi Protocol, Rates Sky at B-
S&P Global Ratings assigned Sky Protocol a B- rating with a stable outlook, marking the first time a credit rating company has assessed a DeFi protocol
Sky's Grove Expands to Avalanche With $250M RWA Plan, Partnering With Centrifuge, Janus
The expansion brings tokenized versions of credit and U.S. Treasury funds to Avalanche as part of the network's institutional finance push.
Newest 'Star' in Sky Ecosystem Launches With $1B Tokenized Credit Strategy
Grove will receive a $1 billion allocation from DeFi lending giant Sky to invest in tokenized collateralized loan obligations.
DeFi Savings Protocol Sky Slumps to $5M Loss as USDS Interest Payments Wipe Out Profit
The first-quarter loss is a stark turnaround from the previous quarter, when Sky registered a $31 million profit.
DeFi Borrowing Demand Plunges as Crypto Traders Deleverage Amid Market Turmoil
The total value of borrowings on large DeFi platforms like Aave and Morpho has sharply dropped from the mid-December peak, as investors scrambled to reduce outstanding debt or got liquidated.
Ether Came Dangerously Close to Massive Liquidation. Here Are Some Levels to Watch
One position worth $126 million was just 4% away from being liquidated.
Ether Heads Toward Set of Mammoth $340M On-Chain Liquidations
ETH needs to drop another 19% to trigger the first liquidation.
Juiced USDS Yields Woo Solana Traders to Sky's Stablecoin
Sky's Solana rollout has been a smashing success. Will it last?
