cryptonist

DeFi protocols

Sky Lending

Data as of 3 October 2026 · Official site

Sky Lending is a protocol DefiLlama files under CDP, deployed on 1 chain. On 3 October 2026 it held $5.9B in total value locked, up 6.1% over 30 days, placing it 11th of 225 protocols in this set. DefiLlama recorded $26.9M in fees over the previous 30 days. TVL is deposits at current prices, not revenue and not users. The note below says what it leaves out.

Total value locked, over time

Total value locked, USD: $273.8M at the start of the series, $5.9B at the end. $0 $5.0B $10.0B $15.0B $20.0B Jan 19Dec 20Nov 22Oct 24Oct 26
Total value locked, USD. Weekly points for the last two years, monthly before. Source: DefiLlama, retrieved 3 October 2026.

Among protocols

Total value locked by protocol: top 25 of 225 tracked, Sky Lending ranked 11. Source: DefiLlama, 3 October 2026.
#ProtocolTotal value locked
1 Lido $26.4B
2 Aave V3 $18.1B
3 SSV Network $14.0B
4 LayerZero V2 $11.7B
5 Morpho Blue $11.3B
6 Binance staked ETH $10.0B
7 WBTC $9.9B
8 Coinbase Bridge $8.4B
9 Hyperliquid Bridge $7.1B
10 EigenCloud $7.0B
11 Sky Lending $5.9B
12 Binance Bitcoin $5.8B
13 SparkLend $5.5B
14 ether.fi Stake $5.2B
15 Ethena USDe $4.9B
16 JustLend V1 $3.9B
17 Arbitrum Bridge $3.7B
18 Babylon Protocol $3.4B
19 USDT0 $3.4B
20 JustLend sTRX $3.3B
21 Base Bridge $3.2B
22 Maple $3.0B
23 Polygon Bridge $2.9B
24 JustCryptos $2.8B
25 Spark Liquidity Layer $2.7B

See all 225 protocols

TVL by chain

TVL by chain, Sky Lending, 3 October 2026. Source: DefiLlama.
ChainUSD
Ethereum $5.9B

Fees recorded by DefiLlama

Fees recorded by DefiLlama, Sky Lending, 3 October 2026. Source: DefiLlama.
WindowUSD
24 hours $908K
30 days $26.9M
1 year $391.9M

About Sky Lending

Category: CDP. Deployed on 1 chain.

The USDS stablecoin powers the open Sky ecosystem. It is the upgraded version of DAI, providing new ways for you to have more rewarding crypto experiences. (DefiLlama's listing text.)

Source: DefiLlama, retrieved 3 October 2026, under its open methodology. Figures are a dated snapshot, not a live feed.