According to ME News, on July 23 (UTC+8), the Sky Frontier Foundation released the Q2 2026 Sky Ecosystem Report. Sky Protocol achieved profitability for the fifth consecutive quarter, with total protocol revenue reaching $107 million, a 10.5% year-over-year increase; net protocol revenue reached $40.09 million, up 25.1% year-over-year, bringing the total revenue over the past 12 months to $160 million. Net protocol surplus stood at $33.29 million, marking the fifth consecutive quarter of positive surplus. Protocol collateral increased 45.5% year-over-year to $12.32 billion, while sUSDS reached $5.52 billion by the end of the quarter, up 149% year-over-year. (Source: ODAILY)
Sky Protocol reports $107 million in total protocol revenue for Q2 2026, marking its fifth consecutive quarter of profitability.
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Summary
On July 23 (UTC+8), Sky Protocol released a protocol update reporting $107 million in total protocol revenue for Q2 2026, a 10.5% year-over-year increase. Net revenue reached $40.09 million, up 25.1% year-over-year, with a 12-month trailing revenue of $160 million. The protocol surplus reached $33.29 million for the fifth consecutive quarter. Collateral increased 45.5% to $12.32 billion, while sUSDS reached $5.52 billion, a 149% year-over-year surge, reflecting strong ecosystem growth.
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