Sky Q3 net revenue reaches $37.19 million, posting positive growth for six consecutive quarters.
According to disclosures from Sky Ecosystem Insights, the Q3 2026 report released by the Sky Frontier Foundation shows that Sky's net revenue reached $37.19 million in the quarter, representing a year-on-year increase of 11.8% and marking six consecutive quarters of positive growth. The net profit margin rose from 31% in the previous quarter to 37.5%. During the same period, total protocol revenue amounted to $99.29 million, up 14.2% year-on-year, while total expenses decreased by 16% year-on-year to $62.10 million. At quarter-end, the protocol's total collateralized assets reached $11.41 billion, with sUSDS supply standing at $4.52 billion, up 118% year-on-year.