DEFI Yield Lending Sky Ecosystem Daily Outstanding Stablecoin Supply
DeFi
The daily total supply of stablecoins issued by the Sky ecosystem (formerly MakerDAO/DAI) currently in circulation Shown here for USDS.
Why it matters
To track the scale of stablecoin debt actively outstanding within the Sky ecosystem.
How it is built
Summing the circulating supply of all Sky-issued stablecoin tokens as recorded on-chain for each day.
What to watch
Growth in outstanding supply signals expanding demand for Sky's stablecoin credit facility, while contraction indicates users are repaying and redeeming debt.
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