SkyProtocol's annualized revenue rose to US$419 million, a record high

On July 11, according to CoinBureau, SkyProtocol's annualized revenue soared sharply, reaching a historical peak of US$419 million; at the same time, the cumulative revenue earned by sUSDS coin holders has exceeded US$250 million. Since early July, SKY tokens have increased by more than 20%. SkyProtocol's reserve assets increased to US$82.5 million, an increase of nearly US$34 million compared with March; its new fixed-income product launched in cooperation with Pendle attracted US$44.1 million in a single month's total locked position value (TVL).