
Latest USDS Pool Rankings on Ethereum:
- Aave V3: ~80M USDS
- IMF on MorphoLabs: ~56M USDS
- sUSDS/USDT on CurveFinance: ~51M USDS
- Spark on MorphoLabs: ~50M USDS
- Yearn: ~46M USDS
Current Reward Rates on Ethereum:
- Yearn USDS Vault: ~19%
- Yearn Sky Rewards: ~8.9%
- Beefy Moo Sky USDS: ~8.7%
- Compound USDS: ~7.6%
Data sources: DefiLlama & vaults.fyi
Check current rates at vaults.fyi
Into the Sky – July 2025 USDS supply surged. Staking hit new highs. SPK rewards sparked a wave of inflows into Sky Token Rewards. Key metrics and milestones from a month of growth ↓
Solana's about to get more rewarding. Literally. Boosted yields for stablecoin suppliers. Coming soon.
USDS Top rewards in the past 7 days: • Ethereum → @yearnfi ~11.4% • Arbitrum → @pendle_fi ~9.5% • Solana → @marginfi ~8.5% • Base → @compoundfinance ~7.7% • Optimism → @sparkdotfi ~4.5% The Savings Standard.
Get rewards on Solana. 7-9% APY on USDS. Available now on Lulo Classic by @UseLulo.
Over 50 million USDS on Solana. Over 4 million in USDS rewards. USDS is Solana’s DeFi Stablecoin. In the past 26 weeks, Sky Ecosystem Governance has allocated 4M+ in USDS rewards, distributed across top Solana protocols based on USDS utilization.
The current USDS-on-Solana landscape. Where can you get rewards and use USDS, on Solana? Trade USDS: • @JupiterExchange • @MeteoraAG • @orca_so • @RaydiumProtocol • @Perena__ • @stabbleorg • @lifinity_io Lend, borrow, and earn with USDS: • @KaminoFinance • @marginfi
Top USDS pools by TVL on DeFi: • Aave V3 USDS on @aave ~ 80M USDS • IMF USDS on @MorphoLabs ~ 56M USDS • sUSDS/USDT pool on @CurveFinance ~51M USDS • Spark USDS on @MorphoLabs ~ 50M USDS • Yearn USDS on @yearnfi ~46M USDS USDS Liquidity. On Ethereum.
Here are the top USDS reward opportunities on Ethereum: • @yearnfi USDS Vault – ~19% • @yearnfi Sky Rewards – ~8.9% • @beefyfinance Moo Sky USDS – ~8.7% • @compoundfinance USDS – ~7.6% The Savings Standard. On Ethereum.
Sky Protocol Buyback Update: 1.12B SKY Tokens Purchased

The Sky Protocol continues its systematic buyback program, using 1.4 million USDS to purchase 16.9 million SKY tokens last week. The total buyback has now reached **1.12 billion SKY tokens** since the program's inception. The protocol maintains strong performance with: - Over $100M in estimated annual revenue - Average daily buybacks of $250K - Total buyback value of approximately $80M The buyback mechanism operates through decentralized parameters defined in the Sky Atlas and approved by Sky Ecosystem Governance. For more details: [Sky Atlas Documentation](https://sky-atlas.powerhouse.io/A.3.6_Surplus_Buffer_and_Smart_Burn_Engine/c58d38dc-4b17-4c0a-a1df-546a06612c54)
Sky Money App Launches One-Click Bundled Transactions
Sky Money App has implemented bundled transactions using the EIP-7702 standard, allowing users to combine multiple actions into a single transaction. - **Key Features**: - Multiple actions (approve, supply, save) in one click - No separate approval steps needed - Enabled by default - Based on open EIP-7702 standard The feature requires Smart Account activation on first use. Users can disable bundling via an in-app toggle. This update significantly improves UX by reducing transaction steps and associated costs.
S&P Global Ratings Issues First-Ever Stablecoin Credit Rating to Sky Protocol

S&P Global Ratings has made history by issuing its first stablecoin system credit rating to Sky Protocol, assigning it a **B- rating with stable outlook**. Key assessment points: - Credit risk of USDS/sUSDS liabilities - Liquidity buffers in USDC and tokenized money market funds - Track record of minimal loan losses - Governance and regulatory risk profile Path to investment-grade rating requires: - Decentralizing key functions - Reducing individual dependencies - Expanding token holder participation - Dynamic surplus reserve adjustment - Prevention of excessive depositor concentration [Full report](https://www.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3421145)
Sky Ecosystem July 2025 Growth Report

Sky Ecosystem reports significant growth in July 2025: - TVL increased 66% from $900M to $1.5B - USDS supply grew 8.2% to $7.5B - SKY staking reached $800M with 15% annual rewards - Protocol revenue hit 2025 high of $230M - Treasury peaked at $1.21B - SKY buybacks exceeded 3% of total supply - MKR to SKY upgrade passed 56% completion Key driver: SPK rewards program attracted major inflows, with USDS supplied growing from 400M to 1.3B. View real-time metrics at [Sky Analytics Dashboard](http://info.sky.money)