Stablecoin Development Corp
For the period ended May 20, 2026. Filed May 20, 2026.
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May 20, 2026 · Filed May 20, 2026
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SDEV$0.98+9.3%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · Sky Protocol Ecosystem Update¹
Sky Protocol Ecosystem Update¹
The Sky Protocol ecosystem reported the following metrics during the first quarter of 2026, based on publicly available protocol data:
| • | The Sky Protocol generated approximately $123.8 million in gross protocol revenue during Q1 2026. |
| • | Net protocol surplus was approximately $46.0 million for Q1 2026, which is approximately 92% of full-year 2025 net protocol surplus. |
| • | Total protocol collateral reached approximately $13.0 billion, backing all USDS and DAI tokens in circulation. |
| • | Total USDS and DAI supply reached approximately $11.7 billion, with sUSDS deposits reaching approximately $6.5 billion, making sUSDS the largest yield-generating stablecoin by supply. |
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