Sky Protocol raised its annualized income to $419 million, a record high

On 11 July, according to CoinBureau, the annual revenue of Sky Protocol rose sharply to a historical peak of $419 million, while the cumulative gains of sUSDS currency users exceeded $250 million. Since the beginning of July, the SKY token has increased by more than 20 per cent. Sky Protocol reserve assets increased to $82.5 million, an increase of nearly $34 million compared to March; its fixed-income new product, launched in collaboration with Pendle, absorbed $44.1 million in the total value of the one-month lockout (TVL)。