The Sky Frontier Foundation has launched Sky Ecosystem Insights, a new research-focused platform providing independent analysis of the Sky Protocol ecosystem.
Key Developments:
- First quarterly report released covering Q4 2025 performance and 2026 outlook
- Platform will publish quarterly/annual reports, onchain metrics analysis, and scenario-based projections
- All analysis based on publicly available information and operates independently
- Full report accessible at insights.skyeco.com
What to Expect:
The new @SkyEcoInsights account will focus on research-style analysis including ecosystem fundamentals, financial metrics, and data-driven projections. The foundation emphasizes these are assumptions-based scenarios, not guarantees.
The main @SkyEcosystem account will continue its usual coverage of product launches and ecosystem updates.
Full report available here: insights.skyeco.com/insights/sky-e…
The first Sky Ecosystem Q4 Update and 2026 Outlook report is now live. The SFF analyzed Sky Protocol's full-year 2025 performance and provided its outlook for 2026 Read key insights on @SkyEcoInsights.
Sky Frontier Foundation has published its Sky Ecosystem Q4 Update and 2026 Outlook report. 2025 Financial Highlights: → USDS Supply: $9.2 billion (+74% YoY) → Gross Protocol Revenue: $338 million (+10% YoY) → Q4 Operational Expenses: $8.8 million (-63% YoY) → Total 2025
Excellent breakdown of Sky Frontier Foundation's Q4 Update and 2026 Outlook
.@SkyEcosystem Q4 Update and 2026 Outlook The full report 🧵⤵️
Welcome, @SkyEcoInsights. Sky Frontier Foundation has launched Sky Ecosystem Insights to provide research-style analysis of the Sky Ecosystem. This new ecosystem account will publish: • Quarterly and annual reports covering ecosystem performance, financial metrics, and
Introducing Sky Ecosystem Insights. Sky Frontier Foundation has established Sky Ecosystem Insights to address the lack of standardized financial reporting within DeFi. This account exists to publish verifiable, institutional grade analysis of the Sky Ecosystem’s fundamentals.
USDS Supply Surges 73% to $9.2B Despite Savings Rate Drop from 12.5% to 4%

**USDS continues strong growth trajectory despite declining yields** The Sky Protocol's USDS stablecoin saw significant adoption in 2025, with supply increasing from $5.3B to $9.2B - a 73% jump. The number of USDS holders grew from 509,000 to 582,000. This growth occurred even as: - The Sky Savings Rate fell from 12.5% to 4% - Overall DeFi rates declined across the market - USDS supply is currently at $9.4B **Key metric**: USDS supply growth is outpacing the broader stablecoin market, according to SFF's Sky Ecosystem Q4 Update and 2026 Outlook report. The decentralized stablecoin allows users to earn rewards through the Sky Savings Rate system, with deposits accepted from USDS, USDC, or USDT with no minimum requirements.
Industry Shifts Focus from Hype to Fundamentals

The crypto industry is experiencing a notable shift in tone, with participants emphasizing fundamentals over speculation. **Key Development:** - Industry figures are publicly acknowledging reduced market noise - Greater emphasis on underlying technology and use cases - This marks a departure from previous momentum-driven narratives This sentiment aligns with earlier analyst observations from mid-2025, which noted Bitcoin rallies showing "less frothy momentum-chasing and stronger fundamental underpinnings." The change suggests a maturing market where participants prioritize sustainable growth over short-term gains.
NYSE Discussion Highlights Institutional Stablecoin Adoption and Yield Opportunities
A conversation at the New York Stock Exchange examined the current state of digital assets in the United States, with particular focus on institutional adoption of stablecoins. The discussion highlighted a significant market inefficiency: over $300 billion in stablecoins currently sit idle without generating any yield for holders. **Key Points:** - USDS positioned as the world's largest yield-generating stablecoin - Growing institutional interest in stablecoin infrastructure - Shift toward yield-bearing digital assets in the market The conversation underscores an evolving landscape where stablecoin holders increasingly seek returns on their holdings, rather than accepting zero-yield positions.
Sky Protocol Defines Decentralized Buyback Mechanism in Atlas
Sky Protocol has established its **decentralized buyback mechanism** through the Sky Atlas, following approval by Sky Ecosystem Governance. The buyback parameters are now formally documented and accessible to the community. This governance-approved framework outlines how the protocol will execute buybacks in a decentralized manner. Full technical specifications and implementation details are available in the [Sky Atlas documentation](https://sky-atlas.io/#A.2.4.1.4.2.1). This marks a step in Sky Protocol's operational structure, providing transparency around its token economics and buyback procedures.