Galaxy has added $100M of sUSDS to its corporate treasury and approved it as eligible collateral across its institutional trading business.
Here is what it means ↓
Grove's inaugural Quarterly Protocol Review (Q3 2026) is now published.
Q3 highlights:
- Gross revenue: $14.9M, up 129% YoY
- Net protocol income: $1.8M, up 241% YoY
- Net assets: $37.3M, up 46% YoY
- Treasury cash: $25.9M, up from ~$31K YoY
Full report: https://t.co/E0zOyXJXMd
Touch the ethereum:0x56072c95faa701256059aa122697b133aded9279
Everything you can do in the @SkyEcosystem on https://t.co/qRLWq9xzeU.
@SkyEcosystem launched DAI in 2017 and has evolved into USDS, one of the backbones of DeFi, powering much of ecosystem. Whether you see it or not!
Today @SkyEcosystem commands:
- ath of $10.1b of stablecoin supply
- $240M of revenue in 2025
- $135M of revenue returned to ethereum:0x56072c95faa701256059aa122697b133aded9279 holders
The @SkyEcosystem product suite is vast:
Earn with @SkyEcosystem:
- Stake ethereum:0x56072c95faa701256059aa122697b133aded9279 for 5.81% paid USDS or 4.69% paid in SKY
- sUSDS earn 3.80% across Ethereum, Arbitrum and Base.
@sparkfinance , a Sky Agent extends the product suite:
- Borrow ethereum:0xdc035d45d973e3ec169d2276ddab16f1e407384f at 5% against bluechip crypto collateral
- Supply USDC , USDT to earn.
- Loop ETH and boost the staking rate
The broader DeFi ecosystem embraces ethereum:0xa3931d71877c0e7a3148cb7eb4463524fec27fbd too:
- Loop sUSDS via @Morpho
- Deposit USDC, USDT or USDS in a Sky Money curated Morpho vault.
Where does agentic trading go next?
In our conversation with @galaxyhq, @Game_Set_Max explains why direct access to liquidity and predefined lending rules could make onchain markets a natural fit for AI trading agents.
Watch the clip ↓
Where does agentic trading go next? @Game_Set_Max, Head of Lending at Galaxy, thinks DeFi wins.
Agents don’t need a human counterparty. With preset liquidation levels and onchain liquidity, they can borrow, trade, short, and repay atomically.
The clip here ⬇️
The full conversation explores how that shared approach translates into institutional lending, collateral evaluation and capital allocation.
Watch the podcast ↓
https://t.co/oM0Nz5c4jW
A shared approach to diligence helps a partnership move forward.
@John__Conneely explains how alignment with @galaxyhq on security and the protection of client funds supports the work between Galaxy and Sky Ecosystem.
Watch the clip ↓
From onchain lending to institutional collateral, explore the relationship behind the announcement.
Watch the full conversation with Galaxy and Sky Ecosystem ↓
https://t.co/oM0Nz5c4jW
Galaxy’s $100M sUSDS allocation builds on an existing relationship across Sky Ecosystem.
@Game_Set_Max, Head of Lending at @galaxyhq, explains how working with @sparkfinance and @grovedotfinance helped lay the foundation.
Watch the clip ↓
“We’re looking to be boring and liquid.”
At @Yield_Summit, @gregfeibus explains how Sky Protocol approaches liquidity and risk, and how protocol economics inform the governance-set Sky Savings Rate.
Watch the clip ↓
Galaxy brings institutional distribution to the partnership.
Nick Parsons explains how Galaxy’s established client relationships can expand institutional access to @SkyEcosystem, connecting its products with existing financing and treasury needs.
Watch the clip ↓
Tokenized Treasuries become more useful when liquidity does not have to wait for settlement.
Sky Prime Agent Grove's Basin converted 89,170 JTRSY into $100K USDC in a single transaction through @centrifuge ↓
Just in: 89,170 JTRSY swapped for $100K USDC through Grove Basin.
Skip the settlement wait. Redeem your JTRSY on @centrifuge for stablecoins in a single transaction with Grove Basin.
Tap in 🚰
USDS borrowing on SparkLend has crossed $1B.
The balance has reached an all-time high in daily snapshots, at 5x its $200M level a year ago. USDS now accounts for ~40% of SparkLend's total borrowing.
Over $800M of USDS borrowing is backed by ETH collateral and ~$120M by cbBTC, allowing borrowers to access stablecoin liquidity while retaining ETH and BTC exposure.
Spark adjusts liquidity supply to accommodate large loans. It connects @SkyEcosystem's USDS liquidity to SparkLend. As demand for borrowing against collateral grows, the Spark Liquidity Layer can supply additional funding.
Borrow USDS here:
https://t.co/jkHKYPBmOr