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DeFi Savings Protocol Sky Slumps to $5M Q1 Loss as ‘Savings Rate’ Erases Profit

Summary by Coin Desk
The first-quarter loss is a stark turnaround from the previous quarter, when Sky registered a $31 million profit.

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DeFi Savings Protocol Sky Slumps to $5M Q1 Loss as ‘Savings Rate’ Erases Profit

The first-quarter loss is a stark turnaround from the previous quarter, when Sky registered a $31 million profit.

·Manila, Philippines
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  • 100% of the sources are Center
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Coin Desk broke the news in Manila, Philippines on Tuesday, May 13, 2025.
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