Short-term T-bill · 3.8%
CEX flexible median · 3.36%
90-day range 3.6–3.75% · avg 3.65% ※ IdentityData verified 15m ago · defillama
ProtocolSky
BackingSky protocol savings rate
Protocol ageMany years (ex-Maker)
DistributionShare appreciation (ERC-4626)
Your token count never changes; the assets behind each share grow with yield — a market price above $1 is by design, not a depeg.
About share appreciation →TVL$5.50B
IssuerSky (formerly Maker)
ChainEthereum
AuditsMultiple audits
Retail accessOpen
Yield profile
90-day range 3.6–3.75% · avg 3.65%−90dTodayLow 3.6%High 3.75%Avg 3.65%Span 90 daysSource · DeFiLlama /chart
Risk profile
Where the yield comes from — and when it gets worseSix dimensions · objective factsYield sourceThe yield is the Sky Savings Rate (SSR), set and adjusted by governance vote.
RedemptionInstant, fee-free redemption.
PegOvercollateralized stablecoin mechanism with a governance-set rate.
LiquidityAmple DEX liquidity, instant exit.
IssuerSky (formerly Maker) — many years of operation.
Data freshnessLive from DeFiLlama (sky-lending pool). Data verified 15m ago.