Sky Protocol third quarter net income 37.19 million USD

The stablecoin protocol Sky Protocol's official account posted on November 3, revealing the financial highlights for the third quarter. The official statement indicated that net income was positive for the sixth consecutive quarter, profit margins expanded, and funds continued to be transferred to Sky Reserves.

The key data listed by the official source includes: total revenue of $99.29 million, a year-on-year increase of 14.2%; net income of $37.19 million, a quarter-on-quarter increase of 11.8%, marking the sixth consecutive quarter of positive net income. The net income margin was 37.5%, up from 31.0% in the second quarter. The protocol's collateral size was $11.41 billion, a year-on-year increase of 25.3%.

During the same period, $28.47 million was transferred to Sky Reserves, with a balance of $85.08 million at the end of the quarter. The supply of sUSDS was $4.52 billion, a year-on-year increase of 118%. The post included a link to the Sky Ecosystem Q3 2026 report published by the Sky Frontier Foundation.