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Sky TVL drops 15% in a week as USDS supply falls to $5.59B

The Defiant reported that Sky's total value locked fell 15% in a week, with USDS circulating supply dropping to $5.59 billion over the same period. The post also stated that Sky.money lists a 3.80% savings rate set by governance.

Why “Unverified”

  • Reported by The Defiant alone, with no second source or primary confirmation yet

1 independent source group across 1 post · evidence score 52/100. How labels work

What the sources claim

  1. Sky's total value locked fell 15% over a week.

    “Sky TVL Falls 15% in a Week as USDS Supply Contracts”
    The Defiant
  2. USDS circulating supply fell to $5.59 billion over the same week.

    “USDS circulating supply fell to $5.59 billion over the same week”
    The Defiant
  3. Sky.money lists a 3.80% savings rate set by governance.

    “Sky.money lists a 3.80% savings rate set by governance”
    The Defiant

Sources

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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-11-08 00:40 UTC. Labels are computed from the sources, not by the model.