PANews
PANews|Jul 23, 2026 13:32
[Sky Protocol Q2 Revenue Exceeds $1 Billion, Up 10.5% Year-on-Year] The Sky Frontier Foundation has released its Q2 2026 Sky Ecosystem Report. Sky Protocol achieved profitability for the fifth consecutive quarter, with total protocol revenue reaching $1.0735 billion, a year-on-year increase of 10.5%. Net protocol revenue grew even faster, reaching $400.9 million, up 25.1% year-on-year, bringing total revenue over the past 12 months to $1.5963 billion. Net protocol surplus stood at $332.9 million, remaining positive for the fifth consecutive quarter. Protocol collateral increased by 45.5% year-on-year to $12.32 billion, while sUSDS reached $5.52 billion by the end of the quarter, a year-on-year growth of 149%.
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