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Sky Protocol’s Big ETH Positions Are Hanging by a Thread

  • Sky Protocol holds two large ETH positions near liquidation, protected by the Oracle Security Module’s one-hour delay.
  • USDS stablecoin from Sky surpasses rivals as multichain expansion and OpenOcean integration strengthen its ecosystem.
  • Sky Protocol's two massive Ethereum positions are on the brink of liquidation, bringing potential consequences for the entire stack.
  • USDS stablecoin from Sky Protocol has surpassed Ethena's USDe supply, becoming the new leader in decentralized stablecoins.

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