Sky / USDS Yield — Live DSR Rate
The top Sky vault currently offers a 3.60% 7-day average APY. The table below covers 4 Sky vaults by 7-day average APY. Rates update daily at 06:00 UTC.
Last updated: July 16, 2026 · Data: vaults.fyi
| Protocol | Vault (links to app) | Network | 7-day APY | TVL | Reputation |
|---|---|---|---|---|---|
| Sky | Savings USDS | Ethereum | 3.60% | $4.7B | High |
| Sky | Savings USDS | Arbitrum | 3.60% | $361M | High |
| Sky | Savings USDS | Base | 3.60% | $12M | High |
| Sky | Sky USDS Farm | Ethereum | 3.52% incl. 3.52% rewards | $552M | Med |
Where does this yield come from?
Sky (formerly MakerDAO) offers the USDS Savings Rate (USR) and DAI Savings Rate (DSR). These rates are set by Sky governance and backed by the protocol's collateral revenue. Unlike lending protocols, the DSR/USR is not driven by utilization — it is a governance-set rate funded by MakerDAO's surplus buffer.
Risk considerations
Sky is one of the most established DeFi protocols with a multi-year track record. Key risks: governance decisions that change the savings rate, collateral risk in the underlying DAI/USDS peg mechanism, and smart contract risk. No DeFi deposit is insured.
Frequently asked questions
What is the current Sky / DAI savings rate?
The top 7-day average Sky vault APY is currently 3.60%, from Savings USDS. The DSR/USR is a governance-set rate, updated periodically by Sky governance. Data from vaults.fyi, updated daily.
What is the difference between USDS and DAI?
USDS is the rebranded version of DAI under the Sky (formerly MakerDAO) umbrella. Both are decentralized, collateral-backed stablecoins. DAI holders can migrate to USDS 1:1. The savings rate product is the USR for USDS and DSR for DAI — both work similarly and are set by Sky governance.
Related pages
- USDS Yield in DeFi — Live Rates
- DAI Yield in DeFi — Live Rates
- Best Stablecoin Yields in DeFi
- Spark Vault APY — Live Rates
Data sourced from vaults.fyi, updated daily. Last updated: July 16, 2026. Explore all vaults.