Sky Ecosystem reported a record annualized gross revenue run-rate of $419 million in June, driven by significant yield payouts. The platform's sUSDS yield payouts surpassed $250 million, highlighting strong performance in its financial products.
Additionally, Sky Ecosystem's Grove initiative launched the GROVE token, further expanding its offerings. The Fixed Yield product also demonstrated robust growth, reaching a total value locked (TVL) of $44.1 million, underscoring the platform's expanding influence in the crypto finance sector.
Sky Ecosystem Achieves $419M Revenue Run-Rate in June
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