USDS from @SkyEcosystem is now live in the PRIME Market, powered by @keel_fi.
Use PRIME as collateral to borrow USDS via Multiply and amplify PRIME’s ~7.5% APY from home-equity loan exposure — with up to 8.3× leverage.
An additional $20,000 in USDS rewards will be distributed during the first month.
Sky Frontier Foundation released its first State of Sky Ecosystem report, a 2025 year-end analysis of Sky Protocol.
Highlights:
• Stablecoin (USDS) supply +86%
• $168M annualized protocol net profit (+24.4% YoY)
• Operating expenses down 61.5%
• Buybacks: $367K → $92.2M
Spark’s Q3 financial report is out!
Below please find the full breakdown of the protocol’s performance, with detailed analysis of revenues, costs, and treasury growth.
Key highlights:
• $53.01M gross revenue
• $19.2M gross profit
• $12.12M net profit
Let’s dive in 🧵