As MakerDAO's successor, Sky's total locked value (TVL) surged 38% this month, reaching $7.52 billion and becoming the fourth largest DeFi protocol. Its sUSDS savings pool offers a fixed 3.75% yield rate and currently holds approximately $6.5 billion, attracting nearly $1.3 billion in capital in March as users seek safer, more reliable returns amid lower yield opportunities in other investments. The SKY token has risen 4% over the past week.

SKY-4.35%

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