Sky releases its Q3 2026 financial report: net income of $37.19 million, marking six consecutive quarters of positive results.
45 minutes ago
Sky Frontier Foundation has released the Q3 2026 report for its Sky ecosystem. The protocol’s total revenue reached $99.29 million, up 14.2% year-over-year but down 7.4% quarter-over-quarter. Total expenses fell to $62.1 million, while net income rose to $37.19 million, a 11.8% quarter-over-quarter increase. The net profit margin climbed from 31.0% to 37.5%, marking the sixth consecutive quarter of positive net income. The protocol’s end-of-period collateral stood at $11.41 billion, up 25.3% year-over-year. During the same period, $28.47 million was allocated to the Sky Reserve, bringing the reserve’s end-of-period balance to $85.08 million. sUSDS supply hit $4.52 billion, surging 118% year-over-year but down from Q2’s $5.52 billion. Institutional player Galaxy added $100 million in sUSDS to its balance sheet and approved it as collateral for institutional loans. In Q3, the protocol spent $5.6 million on open market repurchases to buy 87.5 million SKY tokens, completing its first-ever SKY burn.
Backpack Enters Strategic Cooperation with South Korea’s SK Securities, Will Open South Korean Stock Trading to Qualified Investors
2 minutes ago
A crypto whale added to its short bets on GOOGL, with the additional short amounting to $8.63 million, bringing its total position to around $11.22 million.
2 minutes ago
Ondo Smart Portfolios launches on Solana, featuring three BlackRock strategy portfolios.
2 minutes ago
Google’s stock dropped 13.7%, logging its largest single-day percentage decline in history, with Warren Buffett’s estimated unrealized loss standing at roughly $3.2 billion.
2 minutes ago
Walmart, Eli Lilly and others oppose OKXICE's tokenized stock plan, bringing the total number of opposing companies to 38.
2 minutes ago
PhotonPay announces completion of $40 million Series C funding round, led by Blockchain Capital.
2 minutes ago
Hot feeds
A trader profits $448K by monitoring #Binance's new listings!
2024.12.13 17:37:29
Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.
2024.12.16 14:48:36
A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.
2024.12.14 10:35:27
When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.
2026.01.31 18:37:29
A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.
2025.01.05 16:05:18
A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!
2024.12.03 23:09:08
MoreHot Articles

How did I turn $1,000 into $30,000 with smart money?
2024.12.09

10 promising AI Agent cryptos
2024.12.05

The 30-Year-Old Entrepreneur Behind Virtual, a Multi-Million Dollar AI Agent Society
2025.01.22

10 smart traders specializing in MEMEcoin trading on Solana
2024.12.09

A trader lost $73.9K trading memecoins in just 3 minutes — a lesson for us all!
2024.12.13

What is $SPORE? Let us take you through the on-chain records to show you how it works.
2024.12.25

