Sky Protocol annualized revenue rises to $419 million, reaching an all-time high

Jinse Finance reported that on July 11, according to Coin Bureau, Sky Protocol's annualized revenue surged significantly, reaching a record high of $419 million; meanwhile, cumulative earnings for sUSDS holders have surpassed $250 million. Since early July, SKY token has risen by more than 20%. Sky Protocol's reserve assets have increased to $82.5 million, an addition of nearly $34 million since March; its new fixed-income product, launched in partnership with Pendle, attracted $44.1 million in total value locked (TVL) in just one month.