Ecosystem
Sky Protocol Reports $168M Annualized Profit Following 61.5% Reduction in Operating Expenses
Foundation's year-end analysis reveals strong fundamentals as USDS stablecoin supply grows 86% and buybacks surge to $92.2M.
December 17, 2025
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Sky Protocol's annualized net profit increased 24.4% year-over-year to $168M.
Operating expenses were cut by 61.5%, while the USDS stablecoin supply grew by 86%.
Protocol buybacks surged from $367K to $92.2M.
The Sky Frontier Foundation (SFF) released its 2025 year-end analysis, highlighting significant financial improvements for the Sky Protocol. The protocol achieved a $168M annualized net profit, marking a 24.4% year-over-year increase. This profit growth was accompanied by a sharp 61.5% decrease in operating expenses, demonstrating significant gains in operational efficiency.
The report also revealed strong ecosystem growth, with the supply of its native stablecoin, USDS, expanding by 86%. Furthermore, the protocol's buyback program escalated dramatically, from just $367K to $92.2 million, signaling a robust and well-capitalized treasury strategy. SFF, an independent foundation, compiled the report using publicly available on-chain data.
This combination of rising profitability, reduced costs, and growth in stablecoin supply indicates a focus on sustainable development within the Sky Ecosystem. The foundation has also committed to releasing quarterly performance updates throughout 2026, increasing transparency for the protocol.
Read The Report:
https://forum.sky.money/t/annual-state-of-sky-ecosystem-2025/27554
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