Odaily Planet Daily reports that the Sky Frontier Foundation has released the Q2 2026 Sky Ecosystem Report. Sky Protocol has recorded its fifth consecutive quarter of profitability, 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.
Sky Protocol reports $107 million in total protocol revenue for Q2 2026, up 10.5% year-over-year.
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Summary
Sky Protocol reported $107 million in total protocol revenue for Q2 2026, a 10.5% year-over-year increase. Net protocol revenue reached $40.09 million, up 25.1% YoY, with a 12-month trailing revenue of $160 million. The protocol recorded a net surplus of $33.29 million, marking its fifth consecutive quarter of positive on-chain performance. A recent protocol update contributed to the continued growth in key financial metrics.
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