Sky Savings Dai(sDAI)
Onchain AUM$164.36m
Onchain AUM by chain
Ethereum$164.27m
OP Mainnet$92,368
Base$154
Key Metrics
Active AUM$164.36m
Ethereum$164.27m
OP Mainnet$92,368
Base$154
DeFi Active TVL$4.65m
World Chain$1.77m
Ethereum$1.77m
Aevo Perps$1.53m
Ethereum$1.53m
Curve DEX$392,378
Ethereum$392,378
Fuel Bridge$237,330
Ethereum$237,330
ApeChain Bridge$161,259
Ethereum$161,259
Optimism Bridge$114,351
Ethereum$114,351
Corn Kernels$68,130
Ethereum$68,130
Uniswap V3$63,056
Ethereum$63,056
Velodrome V3$50,663
OP Mainnet$50,663
Aave V3$50,595
Ethereum$50,595
UwU Lend (Treasury)$44,160
Ethereum$44,160
Reserve Protocol$36,203
Ethereum$36,203
Euler V2$34,837
Ethereum$34,837
Seer$30,480
Ethereum$30,480
SparkLend$30,189
Ethereum$30,189
Bankless (Treasury)$5,661
Ethereum$5,661
PulseChain Bridge$5,235
Ethereum$5,235
Fraxtal$3,848
Ethereum$3,848
Radiant V2$2,654
Ethereum$2,654
Sophon Bridge$1,884
Ethereum$1,884
UwU Lend$1,501
Ethereum$1,501
xDAI Stake Bridge$1,189
Ethereum$1,189
Balancer V3$1,066
Ethereum$1,066
Uniswap V4$533
Ethereum$533
Arbitrum Bridge$237
Ethereum$237
Balancer V2$195
Ethereum$195
Base Bridge$154
Ethereum$154
Derive V2$115
Ethereum$115
Ajna V2$100
Ethereum$100
Timeless Finance$72
Ethereum$72
Polygon Bridge$71
Ethereum$71
Morpho Blue$70
Ethereum$70
Hyperdrive$53
Ethereum$53
Ajna V1$51
Ethereum$51
Contango V2$46
Ethereum$46
Beta Finance V2$39
Ethereum$39
Beefy$34
OP Mainnet$34
Gudchain$29
Ethereum$29
Polygon zkEVM Bridge$13
Ethereum$13
sDAI Price$1.18
Chains3
Onchain AUM$164.36m
Onchain AUM by chain
Ethereum$164.27m
OP Mainnet$92,368
Base$154
Key Metrics
Active AUM$164.36m
Ethereum$164.27m
OP Mainnet$92,368
Base$154
DeFi Active TVL$4.65m
World Chain$1.77m
Ethereum$1.77m
Aevo Perps$1.53m
Ethereum$1.53m
Curve DEX$392,378
Ethereum$392,378
Fuel Bridge$237,330
Ethereum$237,330
ApeChain Bridge$161,259
Ethereum$161,259
Optimism Bridge$114,351
Ethereum$114,351
Corn Kernels$68,130
Ethereum$68,130
Uniswap V3$63,056
Ethereum$63,056
Velodrome V3$50,663
OP Mainnet$50,663
Aave V3$50,595
Ethereum$50,595
UwU Lend (Treasury)$44,160
Ethereum$44,160
Reserve Protocol$36,203
Ethereum$36,203
Euler V2$34,837
Ethereum$34,837
Seer$30,480
Ethereum$30,480
SparkLend$30,189
Ethereum$30,189
Bankless (Treasury)$5,661
Ethereum$5,661
PulseChain Bridge$5,235
Ethereum$5,235
Fraxtal$3,848
Ethereum$3,848
Radiant V2$2,654
Ethereum$2,654
Sophon Bridge$1,884
Ethereum$1,884
UwU Lend$1,501
Ethereum$1,501
xDAI Stake Bridge$1,189
Ethereum$1,189
Balancer V3$1,066
Ethereum$1,066
Uniswap V4$533
Ethereum$533
Arbitrum Bridge$237
Ethereum$237
Balancer V2$195
Ethereum$195
Base Bridge$154
Ethereum$154
Derive V2$115
Ethereum$115
Ajna V2$100
Ethereum$100
Timeless Finance$72
Ethereum$72
Polygon Bridge$71
Ethereum$71
Morpho Blue$70
Ethereum$70
Hyperdrive$53
Ethereum$53
Ajna V1$51
Ethereum$51
Contango V2$46
Ethereum$46
Beta Finance V2$39
Ethereum$39
Beefy$34
OP Mainnet$34
Gudchain$29
Ethereum$29
Polygon zkEVM Bridge$13
Ethereum$13
sDAI Price$1.18
Chains3
Token Properties
Classification
RedeemableIndicates whether the token can be redeemed for underlying assets
TransferableIndicates whether the token can be transferred freely between on chain addresses
Self CustodyIndicates whether the token can be held in a user controlled wallet
AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing
Asset Information
IssuerSky Protocol
Registry InformationSky Protocol, formerly MakerDAO, issues DAI and operates the DAI Savings Rate through onchain governance rather than through a single incorporated issuer. sDAI is an ERC-4626 vault contract on Ethereum that holds DAI and accrues the savings rate to depositors through the share price.
Sourcehttps://sky.money/
Notes
- sDAI is the savings wrapper for DAI, the original stablecoin of the Sky Protocol, formerly MakerDAO. Depositors lock DAI in an ERC-4626 vault on Ethereum and receive a non-rebasing share token whose redemption value rises as the DAI Savings Rate accrues, so the position grows through share price rather than through a rising balance. Holders can redeem back to DAI from the vault at any time without permission or a minimum. The DAI Savings Rate is set by Sky governance and is paid from the same blended protocol revenue that funds the Sky Savings Rate on USDS, so the return is not a direct claim on a specific real world asset. That revenue comes from Sky Agent allocations through Spark, Grove and other agents into onchain lending and institutional credit, from yield on the USD Coin reserves held in the peg stability module, from borrowing fees on crypto collateral vaults, and from legacy real world asset vaults. sDAI is the legacy savings product of the protocol and Sky is migrating users toward USDS and sUSDS, so the DAI Savings Rate is generally set below the Sky Savings Rate. The deployments on Base and Optimism are bridged representations of the Ethereum vault and do not themselves hold the underlying DAI.
DeFi Yield Opportunities (9)
Pool | Reference | Protocol | Chain | 30d Trend | |||||
|---|---|---|---|---|---|---|---|---|---|
| 1sDAISavings Dai | DAI | $201.11m | 1.25% | Stable 100 | 1,878 | ||||
| 2sDAISavings xDAI | WXDAI | $41.89m | 4.38% | Stable 98 | 28,953 | ||||
| 3aGnosDAIAave Gnosis sDAI | sDAI | $5.76m | 0.00% | Stable 100 | 263 | ||||
| 4MtEthenasDAI/sUSDe | sDAI-sUSDe | $804,132 | 3.60% | Stable 80 | 103 | ||||
| 5FRAXsDAIFRAXsDAI | FRAX-sDAI | $203,563 | 0.13%0.13%+<0.01% | Stable 84 | 7 | ||||
| 6USDC-sDAICL1 - 0.01% | USDC-sDAI | $67,412 | 3.18%+3.18% | Stable 86 | 0 | ||||
| 7FRAXsDAIFRAXsDAI | FRAX-sDAI | $50,896 | 0.13% | Stable 84 | 7 | ||||
| 8sdai-usdmsDAI/USDM Rebase Enjoyer Pool | sDAI-USDM | $41,155 | 0.47% | Stable 83 | 5 | ||||
| 9spsDAISpark sDAI | sDAI | $30,183 | 0.00% | Stable 100 | 71 |