Sky (sUSDS) review

The Sky sUSDS rate is 3.6%, applied to USDS balances. The median figure across earn products on the site is 7%, so the Sky rate sits below the middle of the market rather than above it. The Bit2Me range is 0.5% to 19.2% and bunq Crypto Spain lists 8.25%.

Sky lists No lockup on sUSDS, so balances can be moved whenever the holder wants rather than held to a maturity date. That suits savers who may need the cash, though USDS is the only asset on offer, so the flexibility does not reach other coins.

Sky describes the setup as non custodial, so the tokens stay under the holder's own control instead of being pooled with other customers' funds. For readers who weigh safety of the money first, that structure removes the counterparty question a custodial earn account raises. The trade-off is added responsibility for the holder.

Sky sUSDS covers USDS only, so the choice inside the product is narrow by design. A brand that lists USDC instead, such as VaultLeap with USDC, suits holders of that token. Savers who want a balance spread across several assets will find the single asset setup limiting.

Sky pays 3.6%, under the 7% median earn figure on the site and close to the 4.5% lower quartile. Bit2Me publishes a wider range at 0.5% to 19.2%, while bunq Crypto Spain lists 8.25%. Sky therefore sits in the lower part of the field on rate alone.

Sky dates back to 2017, which gives the protocol more history than a newly launched earn product. Age does not change the rate, which is 3.6% on USDS, but it does give savers a longer record of how the product has behaved. Custody remains non custodial.

Sky places 21 of 25 brands on yield, and the offer part of its score stands at 2.1. That places it among the lower paying options rather than the ones that lead the table. The non-custodial setup is the reason to look past the ranking when safety of the money is the priority.