
ethereum:0xc20059e0317de91738d13af027dfc4a50781b066 Remains one of the most interesting projects out there. With $6.81B in TVL and $2.68B in active loans backed by Sky’s deep liquidity, it shows a total TVL of around $9.5B, and so a MC/TVL ratio around 0.006, which seems pretty ridiculous. The protocol generated a massive $19.93M in fees over the past 30 days alone. Annualized earnings are around $9M. The team has already used over $4M to buy back their token on the open market, while still holding a treasury of over $68M, and with more buybacks coming!

