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BTCBTC$84,296-2.28%|
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TRXTRX$0.34027-0.45%|
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XMRXMR$551.4200-2.64%|
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LINKLINK$12.2500-5.48%|
ADAADA$0.23728-5.94%|
RAINRAIN$0.01226-6.35%|
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XLMXLM$0.20098-6.46%|
BCHBCH$339.4000+0.36%|
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LTCLTC$60.8700-2.76%|
DAIDAI$0.99987-0.01%|
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USD1USD1$0.99953+0.01%|
CCCC$0.10874-3.95%|
GRAMGRAM$1.4100-2.66%|
Sky Lending
DeFiTier-1No KYC

Sky Lending

Original stablecoin CDP protocol (MakerDAO) now rebranded Sky.

5.0
TVL: $5.6B Visit website

Overview

Sky Lending (formerly MakerDAO's lending arm) is a DeFi lending protocol deeply integrated with the Sky ecosystem and DAI stablecoin. It offers optimized interest rates and non-custodial lending on Ethereum, backed by one of DeFi's most established protocols.

Sky Ecosystem Integration

Sky Lending is part of the broader Sky (formerly Maker) ecosystem, giving it access to deep DAI liquidity and the security infrastructure of one of DeFi's oldest and most trusted protocols.

Pros & Cons

Pros

  • Backed by Sky/MakerDAO — one of DeFi's oldest protocols
  • Deep DAI stablecoin liquidity
  • Non-custodial — no KYC required
  • Optimized interest rate model
  • Strong security track record

Cons

  • Smaller TVL compared to Aave and Compound
  • Limited to Ethereum ecosystem
  • Complexity for new users
  • Relatively new under the Sky rebrand

Key Features

USDS stablecoin focus
Sky Savings Rate (fixed 3.75%)
Multi-collateral CDP
Governance via MKR/SKY
Spark integration

Frequently Asked Questions

What is Sky Lending?

Sky Lending is the lending protocol from the Sky ecosystem (formerly MakerDAO). It offers non-custodial DeFi lending with deep DAI integration on Ethereum.

Is Sky Lending related to MakerDAO?

Yes, Sky is the rebranded MakerDAO ecosystem. Sky Lending carries over MakerDAO's security infrastructure and DAI liquidity.

Is Sky Lending non-custodial?

Yes, Sky Lending is a fully non-custodial DeFi protocol. Users interact directly with smart contracts using a Web3 wallet.

Key Facts

TierTier-1
TypeDeFi
Interest RatesUSDS Yield: 3.75% (governance-set)
LTV RatioVaries by collateral
TVL$5.6B
CustodyNon-custodial
KYC requiredNo
Loan TypesStability protocol + lending
CollateralUSDS stablecoin (multi-collateral)
Founded2017
Trust score90

Supported Chains

Ethereum
Visit Sky Lending