6 stories mentioning it. Newest first.
A pseudo-peg token at $0.9999 dropped out of the top 100 to make room for a Base DEX token as of 09:00 UTC on 07 Jul…
Calling Sky 'DeFi's federal bank,' Standard Chartered argues the issuer-lender model mirrors central banking, with $5.9B already borrowed and a $17.5B ceiling that could triple distributable income.
Sky is the only stablecoin protocol formally rated by both Moody’s and S&P, giving institutions two assessments while the protocol works to strengthen reserves and capital.
Variational, an Arbitrum-based derivatives venue, has closed a $50 million Series A round led by Dragonfly Capital…
Sky backs its dollar with crypto collateral; Ethena earns it with perpetual futures; Frax tried a middle path and nearly collapsed. Here is how each model works and where each one breaks.
Sky, Ethena, and Frax do not share the same risk engine: CDP liquidation, funding-rate reversal, and governance misjudgment create different failure paths.
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