Sky|Dec 17, 2025 13:16
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 (Sky)
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