ChainCatcher report, according to The Defiant, the Sky Frontier Foundation’s financial and operational update for June 2026 revealed that its annualized gross revenue run rate reached a new record of $419.08 million. The annualized gross revenue run rate is an estimation metric that scales short-term revenue data—typically monthly or quarterly—to an annual figure, providing a quick assessment of current revenue scale and growth trends. Data from DefiLlama shows that Sky generated $30.14 million in fee revenue over the past 30 days, translating to an annualized revenue of approximately $367 million. This figure reflects the total fees paid by users, not Sky’s concept of “gross revenue,” and aligns closely with Sky’s reported data.
Sky Protocol's annualized total revenue run rate reaches $419M in June 2026
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Summary
Sky Protocol’s June 2026 protocol update shows an annualized total revenue run rate of $419.08 million, a new record. DefiLlama data reveals $30.14 million in 30-day fees, or $367 million annualized. The figures closely align with the foundation’s report. Interest rate developments remain a key focus as the protocol continues to drive yield generation.
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