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DeFi lender Sky hits $124m revenue record. Yet token holders aren’t impressed

T2Covered by 1 source · first reported by The Defiant / DL News / Protos / CryptoSlate at

Sky is the most profitable it has ever been — and it might have institutions to thank for that. On Wednesday, the Sky Frontier Foundation released the Q1 2026 financial results for the $13 billion lender, revealing it made nearly $124 million in gross revenue, and almost $61 million in net revenue…

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DeFi lender Sky hits $124m revenue record. Yet token holders aren’t impressed · TechNews