Sky Protocol Reports Profits for the Fifth Consecutive Quarter; Total Protocol Revenue Reaches $107 Million in the Second Quarter
Svmuu News: The Sky Frontier Foundation has released the Sky Ecosystem Report for the second quarter of 2026. Sky Protocol posted a profit 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, a 25.1% year-over-year increase, bringing total revenue over the past 12 months to $160 million. The net protocol surplus was $33.29 million, marking the fifth consecutive quarter of positive results. Protocol collateral grew 45.5% year-over-year to $12.32 billion, while sUSDS reached $5.52 billion at the end of the quarter, a 149% increase year-over-year.
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