As reported by ChainCatcher, Sky Protocol disclosed that it spent 1.9 million USDS to repurchase 34.1 million SKY tokens last week, averaging 270,000 USDS per day. Since the token buyback program launched in February 2025, the protocol has spent over 92 million USDS, accounting for 5.55% of the total supply.
Sky Protocol Spends 1.9M USDS to Repurchase 34.1M SKY Tokens Last Week
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Summary
Sky Protocol spent 1.9 million USDS to repurchase 34.1 million SKY tokens last week, averaging 270,000 USDS per day. Since launching its token buyback program in February 2025, the protocol has used over 92 million USDS, representing 5.55% of the total token supply.
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