Celsius / BlockFi / Voyager (collapsed) vs Sky (sUSDS) - HodlCue
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Provider comparison

Celsius / BlockFi / Voyager (collapsed) vs Sky (sUSDS)

Compare Celsius / BlockFi / Voyager (collapsed) and Sky (sUSDS) side by side on fees, regulation, custody, and category-specific specs.

CE

Celsius / BlockFi / Voyager (collapsed)

Once leading crypto earn platforms, Celsius, BlockFi, and Voyager collapsed due to risky lending and lack of …

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Sky (sUSDS)

Sky (sUSDS)

Sky (sUSDS) is a non-custodial earning product that lets you deposit USDS to earn yield through Sky's Savings…

Pros & cons

CE

Celsius / BlockFi / Voyager (collapsed)

Pros

  • Offered high yields on crypto deposits
  • User-friendly apps and interfaces
  • Provided passive income opportunities
  • Popularized crypto savings products

Cons

  • Custodial control meant users lost funds
  • Lack of transparency on reserves and lending
  • Excessive risk-taking led to insolvency
  • Withdrawal freezes during market stress
Sky (sUSDS)

Sky (sUSDS)

Pros

  • Non-custodial, you control your funds
  • Earn passive income on USDS
  • Backed by the Sky protocol's savings rate
  • No intermediary required

Cons

  • Requires familiarity with DeFi and self-custody
  • Yield is variable and not guaranteed
  • Potential withdrawal delays or lock-up periods
  • Smart contract risk
CE

Celsius / BlockFi / Voyager (collapsed)

Once leading crypto earn platforms, Celsius, BlockFi, and Voyager collapsed due to risky lending and lack of transparency. This review examines what went wrong and how to choose safer earn products.

Sky (sUSDS)

Sky (sUSDS)

Sky (sUSDS) is a non-custodial earning product that lets you deposit USDS to earn yield through Sky's Savings Rate. It's designed for users who want to earn passive income on their stablecoins while maintaining control of their funds.

Risk warning: Cryptocurrency is a volatile, high-risk asset class. Prices can fall as well as rise, and you could lose some or all of the money you put in. Custodial providers carry counterparty risk; self-custody puts key security entirely on you. This page is general information, not financial advice.

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