In short: Sky (formerly MakerDAO) issues USDS, DAI (issuing entity: Decentralized protocol (Sky governance)). Headquarters: Decentralized. Status: Active. Licences on record: 0 (0 authorised; 0 confirmed on a regulator's official public register). Reserve reports: continuous (—). Reference data as of 2026-10-26.
Sky (formerly MakerDAO) Not verified
Decentralized protocol (Sky governance)
StatusActive
VerificationVerified
CoveragePartial
Licences0 / 0
SRS68
Profile as of2026-10-26
Regulatory Compliance Score
Weighted from public, sourced inputs · 88% of inputs available
Not legal advice; algorithmic assessment from public sources.
USDS peg · 7 daysCoinGecko sparkline · deviation vs $1 · shaded band ±0.5% LIVE
Pins: computed 7d high/low. No reference events dated within this window.
◎Peg deviation (live)+0.0 bps
$Supply 30d → now (DefiLlama)$11.55B
↔24h volume (CoinGecko)$260.4M
⛓Chains with supply50
Company
HQDecentralized
Founded2014 (MakerDAO); rebrand to Sky Aug 2024
LeadershipRune Christensen (co-founder)
ModelCrypto + RWA collateral
Websitesky.money ↗
Products & supply LIVE
USDS$10.00B · 0.0 bps
DAI$4.54B · 0.4 bpsTotal (CoinGecko)$14.54B
30d ago$11.37B
7d ago$11.56B
1d ago$11.45B
now$11.55B
7d price deviation (bps):
Distribution
Supply by chain · DefiLlama (live)
Products REFERENCE · issuer official site · as of 2026-10-26
USDS
Sky stablecoin
sUSDS
Savings USDS
stUSDS
Staked USDS
Sky Ecosystem Rewards
Rewards programme
Official partners (0) REFERENCE · issuer official site · as of 2026-10-26
Checked: No partner list on sky.money (product pages only; Morpho named as vault venue).
Licences & authorisations worldwide (0 · 0 ✓ verified on register) REFERENCE · regulator registers / issuer disclosures · as of 2026-10-26
No licence on record (decentralized / no public data).
Reserves, custody & attestation
AssuranceOn-chain (real-time collateral)
Audit / attestation firm—
FrequencyContinuous
Composition (per issuer)Crypto collateral, RWA vaults, PSM stablecoins
CustodiansSmart contracts; RWA via third parties
Latest disclosedOn-chain dashboard
Evidencereport ↗
Redemption terms
Via PSM / DEX liquidity — no issuer redemption
Controls: freeze / clawback / admin
freezeUSDS: governance freeze module; DAI: none
clawbackNo
multisigGovernance + GSM timelock
upgradeUSDS upgradeable
Frozen / blacklisted / seized
No public freeze/blacklist statistics found.
Government & public sector partnerships REFERENCE · issuer newsroom / official government sites · as of 2026-10-26
Official newsroom not yet checked for this issuer.
Government & law-enforcement cooperation
No public info.
Regulatory actions & enforcement history
None on record in our reference set.
AI-agent payments
No public info.
Reference fields compiled 2026-10-26 from linked sources. Items marked “verify” or “per issuer” are not independently confirmed. Not legal or investment advice.