Sky Frontier Foundation Releases July Financial and Operational Report
2026-08-10 18:47:26
According to CoinMeta, Sky Frontier Foundation released its financial and operational report for July. The report shows that in the second quarter of 2026, Sky Protocol achieved total protocol revenue of $107.35 million, a year-on-year increase of 10.5%, with a net protocol surplus of $33.29 million, marking the fifth consecutive quarter of surplus. At the end of the quarter, the protocol's collateral assets increased by 45.5% to $12.32 billion. However, as of the end of July, the collateral assets had dropped to $10.98 billion, with prime, agent, and vaults seeing a reduction from $6.84 billion to $5.63 billion. The supply volume of susds also decreased from $5.52 billion to $4.33 billion.
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