Sky Q3 net revenue reaches $37.19 million, posting positive growth for six consecutive quarters.

On October 29, disclosures from Sky Ecosystem Insights indicated that the Sky Frontier Foundation’s third-quarter 2026 report showed Sky’s quarterly net revenue reached $37.19 million, up 11.8% year-on-year, maintaining positive growth for six consecutive quarters, with net profit margins increasing from 31% in the previous quarter to 37.5%. Meanwhile, protocol revenue totaled $99.29 million, a 14.2% year-on-year increase, while total expenses fell 16% year-on-year to $62.1 million. At quarter-end, protocol collateral assets stood at $11.41 billion, with the sUSDS supply at $4.52 billion, up 118% year-on-year.