A DOLA/sUSDS gauge is active on Votemarket with incentives from Inverse Finance.

Used in leverage looping strategies alongside wstETH/wETH and sUSDe as a carry trade on mean-reverting basis within Morpho's lending markets.

Shows meaningful usage in transfer volume and holder count.

Leads tokenized funds onchain with over $30 billion total value as of March 2026.

Recorded $13.9B in 30-day mint volume, ranking 4th among stablecoins by this metric.

Recorded $30 billion monthly onchain transfer volume, ranking as the most widely used yieldcoin.

Reached approximately $5.3 billion in TVL.

Integrated with Privy's wallet infrastructure, enabling millions of wallets to access the Sky Savings Rate.

A Justin Sun-linked address deposited $250 million into sUSDS and now holds over $880 million worth of the token.

Achieved 4% yield rate over a 30-day period as of March 4, 2026.

Reached all-time-high in supply.

Paid $44.32M in cumulative yield, 20.72% of $213.87M total across yield-bearing stablecoins.

Recorded flat or declining supply during the week ending January 21, 2026, indicating reduced demand for conservative yield stablecoins as market sentiment shifted risk-on.

Listed as a collateral asset in Gauntlet USDC Prime Vaults on Morpho alongside WBTC, cbBTC, WETH, wstETH, and cbETH.

Spark Protocol's liquidity pool on Arbitrum depleted its sUSDS inventory available for purchase.

Weekly transfer count increases by 200% during the second half of the year.

sUSDS currently yields 4.25%, while over $50m was extracted from the Sky project to fund foundations with no obligations to tokenholders.

The one-month streak of inflows into sUSDS ends this week.

Sky Ecosystem diversifies sUSDS yield sources beyond T-Bills through allocations to Centrifuge credit products like JAAA via Grove Finance, its RWA-focused Star.

Became largest lending protocol by stablecoin deposits, growing ~3x in deposits from Oct 9, 2025 to Apr 7, 2026. Reached TVL of $4.19B and $6.9B supply, up over 35% YTD, without token incentives.

Total yield paid out by sUSDS reaches $164.93M.

The new USDS/stUSDS Curve pool deploys with 500,000 USDS incentives over three months, while the old sUSDS/stUSDS pool transitions to providing boosted rewards on top of stUSDS.

The recently launched sUSDS/stUSDS Curve pool has a configuration error preventing proper liquidity provision and now operates as an unintended stUSDS farm offering 55% yield. A new properly configured Curve USDS/stUSDS pool with ERC4626 support will be deployed to fix the issue.

The Curve Finance sUSDS/stUSDS pool launches with 500,000 USDS in incentives for liquidity providers over the next three months.

A Curve liquidity pool pairing stUSDS and sUSDS goes live, providing an exit mechanism for stUSDS holders to trade at discounted prices with warnings about limited recourse and holder rights.

sUSDS/USD price feed goes live on Monad's permissionless, real-time oracle infrastructure alongside other major crypto assets.

USDS ranks as the 3rd largest stablecoin by market cap.

Grew 90% over the past month and 78% over the past year, listed among top 10 tokenized asset deployments and a product for Sky Ecosystem.

Forbes publishes article on Obex Incubator, which provides traditional finance institutions access to Sky liquidity and sUSDS risk-adjusted returns.

Arbitrum's Drip Epoch 6 goes live with sUSDS accepted as collateral in the lending market, backed by deep liquidity and active use across Drip Season 1 lending protocols.

yvUSDS vault built on sUSDS delivers over 6% yield for trailing 30 days, and a partner program with fee splitting launches soon.

Offers 3.75% APY to holders via Sky Savings Rate with no lockups, minimums, or fees, effective April 1, 2026.

USDS represents 61.7% of Sky Ecosystem's three products (USDS, sUSDS, stUSDS), with the yield-bearing versions combining for the remaining 38.3%.

Q3 2025 financials show $29.1m quarterly loss and reduced yields paid on sUSDS to cut expenses, while insiders extracted $150m through foundation transfers and outstanding loans against SKY with no repayments occurring yet.

Increased sUSDS supply by $1.5B, growing 38% in 30 days, while competitor sUSDe supply decreased by $1B.

Olympus treasury farms sUSDS at 4.75% to fund OHM buybacks through its Yield Repurchase Facility, and a proposal exists to explore higher yield sources that would increase OHM buybacks by nearly 50% per year.

Holders with sUSDS balances over $1M are up ~100% since the start of the year.

Daily transfer counts for USDS and sUSDS increase by approximately 10x and 20x respectively since the start of the year.

sUSDS holder count reaches approximately 4.9k with 400% year-to-date growth as users convert USDS to earn the Sky Ecosystem Savings Rate.

The special vault for lending against SKY has its yield manually adjusted down from 20% to 10% over the last three days, with institutional lender Fasanara identified as the top lender in this market.

sUSDS reaches $2.39B market cap with $78M lifetime yield payout, controlling 77% of yield-bearing stablecoin liquidity alongside SUSDE.

New fixed-rate borrowing feature launches with rates as low as 0.9% APR, demonstrated by $150k whale loan against 500k collateral.

Large whale consistently moves $150M daily in deposits and withdrawals over past 100 days, indicating systematic trading pattern.

New yield farming opportunity available on Arbitrum offering 44.2% max leverage APY through sUSDS collateral with 14x multiplier.

New sUSDS/USDT trading pair launches on Curve Finance, expanding protocol liquidity on Ethereum mainnet.