Sky Reports $30.8 Million in Revenue in September, Galaxy Increases by $100 Million SUSDS
2026-10-23 23:44:12
CoinMeta data: Sky Frontier Foundation reports that in September, total revenue reached 30.8 million US dollars, and the first destruction of 2.86 million Sky tokens was completed. At the same time, Galaxy announced that it would allocate 100 million US dollars of SUSDS funds to its treasury. According to the financial and operational updates for September, the total supply of Sky's stablecoin is 9.7 billion US dollars, with protocol collateral amounting to 1.141 billion US dollars. The update shows that the protocol's net income reached 12.32 million US dollars, representing an improvement over last year's same period's loss of 5.41 million US dollars. Sky's reserves were 85.08 million US dollars at the end of September, still 64.92 million US dollars short of the 150 million US dollar solvency reserve target.
Source:Cryptonews
This content is for market information only and does not constitute investment advice.
Follow WalletJYS official accounts to stay updated

Hot Articles
Refresh

Where to Download Binance App? 2026 Registration & Buying Guide
11h ago

What Are Crypto Airdrops? Top 5 Projects to Watch in Nov 2026
10-22 19:02

ZEC Price Today: $1,342 Surge on NU7, Can It Break $1,295?
10-22 12:59

Bitcoin Price Today: ETF $527M Inflow Rebound or Bull Trap?
10-21 16:51

US Memory Chip Stocks Surge: Can SanDisk's $70B Rally Last?
10-20 12:24



