The benchmark for stablecoin yield
sUSDS is the world's largest yield-generating stablecoin, giving you direct access to the Sky Savings Rate.
sUSDS yield is generated through the Sky Savings Rate, which is backed by the Sky Agent Network and governed via Sky Protocol. Sky.money does not control, set, or guarantee the rate.
stUSDS yield is generated dynamically through SKY-backed lending within Sky Protocol and is dependent on the Utilization Rate. Sky.money does not control, set, or guarantee the rate. All yields are variable. View more details here.
How sUSDS generates yield
Liquid, auto-compounding yield
Supply USDS to receive sUSDS which represents the Sky Savings Rate (SSR) in a yield-generating stablecoin offering resilient and diversified yield governed by Sky Protocol. The SSR is backed by institutional-grade collateral and sophisticated deployment strategies. The sUSDS balance grows automatically, is fully liquid, and has no lockups or fees.
Diversified, sustainable returns
The Sky Savings Rate is delivered by the Sky Agent Network, an independent network of capital allocators through Sky Protocol. These Sky Agents compete to manage protocol capital across diversified, governance-approved yield strategies. Their performance is what fuels the daily returns of sUSDS.
Engineered for the best risk-adjusted yield
Risk-adjusted yield
sUSDS gives you direct exposure to the Sky Savings Rate. Unlike typical DeFi yield products that rely on volatile borrowing demand, this yield is fueled by diversified, institutional-grade revenue curated by Sky Protocol governance to consistently outperform standard lending rates.
Full liquidity with no lockups
sUSDS is a yield-generating stablecoin that auto-compounds yield directly into your balance. While your capital earns, it remains fully liquid and can be moved back to USDS without fees or lock-ups, or used as a productive asset within the DeFi ecosystem without stopping your yield accrual.
Zero-fee efficiency
There are no fees to enter or exit sUSDS through Sky.money. Because sUSDS is the native yield-bearing version of Sky Protocol's own stablecoin USDS, you avoid the "yield haircuts" or performance fees common in third-party vaults, ensuring 100% of the generated SSR flows to you.
Institutional-grade security & transparency
sUSDS is powered by Sky Protocol, which carries the legacy of one of the most battle-tested protocols in decentralized finance (MakerDAO). It is the first DeFi savings product to receive an S&P credit rating, and every dollar of its backing is verifiable in real-time via skyeco.com.
Frequently asked questions about sUSDS
What is sUSDS?
sUSDS is the yield-generating savings token of Sky Protocol. When you supply USDS into the Sky Savings Rate module, you receive sUSDS, which automatically accrues yield from diversified protocol revenue through the Sky Agent Network. The Sky Savings Rate is based on a set of products governed by Sky Protocol, including but not limited to fixed income, structured credit, onchain capital markets and infrastructure financing. The rate is set by SKY governance token holders. You can learn more about about sUSDS at skyeco.com/sUSDS.
What is the current sUSDS APY?
The Sky Savings Rate is currently 3.75% APY. The rate is variable and set by SKY governance token holders, not by market utilization or algorithmic adjustment. Check the current rate in real time at info.skyeco.com
Is sUSDS safe? What are the risks?
The team behind Sky Protocol has operated continuously since 2017 through every market condition. Sky Protocol mitigates risks through overcollateralization, diversified allocations managed by competing Sky Agents, and governance controls.
Is sUSDS yield sustainable?
sUSDS yield is funded by real protocol revenue coming from the Sky Savings Rate, delivered by the Sky Agent Network, an independent network of capital allocators. These Sky Agents compete to manage protocol capital across diversified, governance-approved yield strategies. Their performance is what fuels the daily returns of sUSDS. It is not subsidized by token emissions or unsustainable incentive programs. The rate is set based on governance decisions around the revenues that Sky Protocol generates. When revenue capacity changes, governance adjusts the rate accordingly.
How does sUSDS generate yield?
sUSDS yield comes from protocol revenue generated by the Sky Agent Network, independent capital allocators managing diversified allocations that are approved by governance participants. Agents compete for capital mandates based on performance.
How is the Sky Savings Rate different from rates on other protocols?
Most DeFi rates are utilization-dependent: they rise when borrowing demand is high and compress when it’s low. The Sky Savings Rate is sourced from a variety of yield strategies and is set by vote, which means it doesn’t collapse when demand drops. The rate reflects Sky Protocol revenue capacity.
Can I withdraw sUSDS at any time?
You can withdraw your sUSDS position to USDS at any time. The protocol is designed for capital that needs to remain accessible.
Where can I verify the sUSDS rate and collateral?
Real-time analytics are published at info.skyeco.com. Contract addresses and audit reports are available in the protocol documentation.
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