Sky.money
Sky Protocol (già MakerDAO) · Skybase International
Sky.money is a non-custodial interface for accessing Sky Protocol's stablecoin yield products, the DeFi protocol that evolved from MakerDAO. It lets users use USDS (the protocol's native stablecoin) and DAI and earn yield through tools such as sUSDS and the Sky Savings Rate. The frontend is operated by Skybase International, which explicitly states it does not custody user assets; protocol parameters (including the savings rate) are set by decentralized governance of SKY token holders.
Data & conditions
| Service type | Stablecoin infrastructure |
|---|---|
| Pricing model | Not disclosed |
| Stablecoins | USDS, DAI |
| Custody model | non-custodial |
| Customer type | Developers, Platforms |
| Fund custody | Self-custody (funds in your control) |
| Supported countries | US, EEA, UK, APAC |
| Segment | B2B, B2C |
| MiCA / License status | Not disclosed |
Strengths
- Non-custodial frontend: assets remain under the user's control.
- Built on Sky Protocol (evolution of MakerDAO), one of the most established DeFi protocols with high TVL.
- Transparent stablecoin yield governed on-chain by SKY governance (Sky Savings Rate, sUSDS).
- Self-custody: funds stay in your wallet — the platform cannot touch them.
Weaknesses
- It is DeFi: no banking guarantees, smart-contract and stablecoin depeg risks.
- Variable yields set by governance; the MakerDAO-to-Sky rebrand was debated within the community.
- No notable sovereignty drawback documented.
Verdict
Score 4.0/5, very strong profile. In its favour: non-custodial frontend: assets remain under the user's control. The trade-off to weigh: it is DeFi: no banking guarantees, smart-contract and stablecoin depeg risks.
On the Sovereignty lens the score is 5.0/5 (outstanding): the strength is fund control (5.0/5).
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Does Sky.money custody my funds?
No. Skybase International operates sky.money as a non-custodial frontend and states it does not hold user assets: you interact directly with Sky Protocol's smart contracts from your own wallet.
What is its relationship to MakerDAO?
Sky Protocol is the evolution of MakerDAO: USDS is the new brand's native stablecoin, while DAI still exists. Governance is handled by SKY token holders.
Sources
- Official service page Data verified on Jul 17, 2026