The SKY token experienced a 14% price increase as the total value locked (TVL) in the Sky Savings platform surpassed $4 billion. This marks a 63% growth in TVL over the past month and a 150% increase since the start of the year. USDS deposits, which offer a 4.5% yield, make up 91% of the TVL, significantly outpacing DAI's 1.25% yield. Despite the recent surge, SKY has declined 9% over the past month following a market liquidation event in October.