MakerDAO
Sky token jumps 10% after governance vote causes bullish tilt in market dynamics
The protocol has repurchased about 1.83 Billion SKY tokens with USDS while a March 2 governance proposal reduced staking emissions and expanded credit infrastructure around its USDS stablecoin.
Rune Christensen on how AI agents are powering institutional DeFi at Sky
Sky Co-Founder Rune Christensen sits down with CoinDesk's Jennifer Sanasie and Andy Baehr at the Ondo Summit to share how Sky is leveraging AI agents and institutional partnerships with giants like BlackRock to scale the stablecoin ecosystem. Plus, he discusses why the focus is shifting toward revenue-generating fundamentals and how agentic finance is set to drive massive growth through 2026.
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.
