DeFi protocol
Sky
4 products · 1 coin · Ethereum, Arbitrum · TVL $5.9B · data via DefiLlama
Platform risk tier
A· Lower risk · meets 5/5 criteriaSee why
Sky (formerly MakerDAO) has issued DAI/USDS since 2017–2019. The only major incident was "Black Thursday" in 3/2020; DAI holders were not affected.
- ✓Operating since 2019-11 (6 years)
- ✓Audited by 4 firms: ChainSecurity, Cantina, Trail of Bits, PeckShield
- ✓Bug bounty programme (Immunefi, up to $10M)
- ✓Large TVL: $5.9B
- ✓No uncovered losses in the last 5 years
- iRisk of the asset itself: The solvency of USDS/DAI depends on collateral quality (crypto, real-world assets, USDC) and governance decisions; USDS has a contract-level freeze function.
Last reviewed 24/09/2026. Not investment advice.Facts and sources →
You keep your own wallet and deposit straight into the smart contract. Click a product name for details.
4/4 products · How risk tiers work
| Conditions & limits | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| DAI | Sky · Ethereum · GROVE Farming Pool (USDS)One rate for any amount.
| Flexible DeFi · smart contract | B· Medium risk | 5.48% | – | 5.48% | 5.48% | 5.48% | Token rewards Withdraw any time if the pool has enough liquidity |
| DAI | Sky · Ethereum (SUSDS)One rate for any amount.
| Flexible DeFi · smart contract | B· Medium risk | 3.54% | 3.54% | 3.54% | 3.54% | 3.54% | Withdraw any time if the pool has enough liquidity |
| DAI | Sky · Arbitrum (SUSDS)One rate for any amount.
| Flexible DeFi · smart contract | B· Medium risk | 3.54% | 3.54% | 3.54% | 3.54% | 3.54% | Withdraw any time if the pool has enough liquidity |
| DAI | Sky · Ethereum (SDAI)One rate for any amount.
| Flexible DeFi · smart contract | B· Medium risk | 1.24% | 1.24% | 1.24% | 1.24% | 1.24% | Withdraw any time if the pool has enough liquidity |