Profitable for the fifth consecutive quarter, Sky Protocol's total protocol revenue reached $107 million in Q2
2026-07-23 13:33
Odaily reports that the Sky Frontier Foundation has released the Sky Ecosystem Report for Q2 2026. Sky Protocol achieved profitability for the fifth consecutive quarter, with total protocol revenue reaching $107 million, a year-over-year increase of 10.5%; net protocol revenue reached $40.09 million, a year-over-year increase of 25.1%, bringing the total revenue over the past 12 months to $160 million. Net protocol surplus was $33.29 million, positive for the fifth consecutive quarter. Protocol collateral increased 45.5% year-over-year to $12.32 billion, and sUSDS reached $5.52 billion at the end of the quarter, a year-over-year increase of 149%.
